Yale Bulletin and Calendar

October 5, 2001

Volume 30, Number 5

Endowment increases to $10.7 billion

Yale's Endowment totaled $10.7 billion on June 30, 2001, a significant increase from the previous fiscal year-end total of $10.1 billion, Yale's Investments Office reports.

For the fiscal year that ended June 30, 2001, Yale earned a 9.2% return on its Endowment investments.

University officials noted that the return rate was a remarkable achievement in a period when U.S. and international stock markets posted double-digit declines and the average endowment generated negative investment returns.

During the last 10 years, Yale's annual return on its Endowment investments averaged 18.3%, as Endowment funds grew from $2.6 billion to $10.7 billion.

Spending from the Endowment for the fiscal year ending June 30, 2002 is expected to total approximately $405 million, a 20% increase over Endowment spending in the prior fiscal year.

The Endowment's contribution equals 28% of the University's revenues, over two times the share of the operating budget support it provided a decade ago.

T H I SW E E K ' SS T O R I E S

Alumnus James Bundy to be next Drama Dean

Endowment increases to $10.7 billion

Beinecke display explores how Yale's library has evolved over the centuries

School of Art show pays testament to Yale alumni's influence . . .

New book will explore ways to combat terrorism

Renowned architect Tadao Ando is year's first Chubb Fellow

Study reveals cells' critical role in fighting cancer

Looking at art proves to help students become better doctors

Archive documents work of lover of nature and good literature

Exhibit features Chinese artist's prison paintings, notes

Former Yale president to discuss public education

Faculty to be featured speakers at campus events

Divinity Dean, faculty serving as presidents of scholarly groups

Link between abolitionism and feminism will be explored in conference

Yale composers are honored with ASCAPLU$ awards

Setting the stage for Yale's gala celebration

Campus Notes