Light & Verity


With a banner year, the endowment tops its pre-recession peak.

Mark Zurolo ’01MFA. Source: Investments Office.

Mark Zurolo ’01MFA. Source: Investments Office.

View full image

Yale’s endowment earned about $4 billion in the fiscal year that ended June 30—a return of 20.2 percent. That brings the fund’s total value to $23.9 billion, enough to surpass the peak reached before the financial crisis of 2008. Spending from the endowment this year will total $1.1 billion, about 34 percent of Yale’s net revenues. The endowment is managed by a team led by David Swensen ’80PhD.

The comment period has expired.