Endowment sees 8.3 percent return

by The Dartmouth Senior Staff | 9/24/15 10:26am

The College saw an 8.3 percent return on its endowment for the 2015 fiscal year, the College announced last night in a press release. The endowment saw 19.2 percent growth for the 2014 fiscal year, 12.1 percent for 2013,5.8 percent in 2012 and 18.4 percentin 2011.

When the fiscal year ended at the end of June, Dartmouth's endowment was $4.7 billion, $196 million higher than the end of the previous fiscal year.

Chief Investment Officer Pamela Peedin said in the College announcement that the return rate is consistent with the College's long term goal. The annual investment return rate has been 8.8 percent for the decade before the end of the 2015 fiscal year.

Harvard University reported an endowment return of 5.8 percent, while Yale University saw an 11.5 percent return.