Yale Bulletin and Calendar

October 5, 2007|Volume 36, Number 5

Yale endowment earns
28% return in 2006-2007

Yale’s endowment earned a 28% return in the fiscal year ending June 30, 2007, bringing its value to $22.5 billion, the University’s Investments Office has announced.

The endowment’s value at the end of the preceding fiscal year — in which it earned a 22.9% return — was $18 billion.

“The growth of the endowment allows the University to meet the new challenges of our age and support innovations in teaching and research,” said President Richard C. Levin. “Whether it is through the sciences, the arts, our growing international engagement or the special dedication to undergraduate education, Yale’s proven capacity to contribute to our society is enhanced by the additional resources provided by the extraordinary work of our Investments Office and its external managers.”

Projected spending from the endowment in the University’s 2007-2008 fiscal year is $843 million, or 37% of Yale’s net revenues. The endowment is the single largest source of support for Yale’s budget, and its annual contribution to the operating budget has increased nearly four-fold in the past 10 years.

Yale’s endowment has returned an annualized 17.8% over the past decade, placing the University’s investment performance in the top rank of institutional funds. During that 10-year period, the endowment has grown from $5.8 billion to $22.5 billion.

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

Yale team achieves major advances in quantum computers

Yale poll reveals growing concern about global warming

‘Incredible India@60’: Yale hosts panels on nation’s future . . .

Parents' Weekend

Special language tours offered during Parents’ Weekend

Yale endowment earns 28% return in 2006-2007

Study sheds new light on genetic differences in humans

Emilie Townes is named to associate dean at the Divinity School

Faculty members win fellowships for use of technology in curricula

Conference to honor legacy of Israeli poet

Festival invites public to enjoy area artists’ creative offerings

Evolution of ‘the city beautiful’ is focus of new exhibition

Noted theologians to give public talks during Convocation

Yale singers will bring Beinecke manuscript to musical life . . .

Winners of Graduate School’s Wilbur Cross Medals to present talks

Global experts gather to discuss ways to curb poverty . . .

‘Summer Heat’

Yale Press acquires the renowned Anchor Bible Series from Doubleday

Jane Savage named director of best practices

New digital mammography van hits the streets to provide screenings

Manuscripts and Archives hosts an introduction to its resources, services

Yale Books in Brief

Campus Notes