May 28, 2004

$2-Billion Is No Longer 'Icing on the Cake'

By ERIN STROUT

Chart: Where U.Va's Endowment Is Invested

Table: U. of Virginia's Endowment at a Glance

Related articles: View all of the advice and commentary from this special supplement on endowmentsBy ERIN STROUT

There was a time not so long ago when the University of Virginia's budget experts viewed the institution's endowment as "icing on the cake." Now the university's executive vice president and chief operating officer,

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