June 2, 2006
How Endowments of 247 Major Nonprofit Organizations Performed
More than $349-billion is held in the endowments of 247 of the nation's major foundations, universities, and other nonprofit organizations, according to the third annual study of endowments conducted by The Chronicle of Higher Education and The Chronicle of Philanthropy.
The organizations in the survey achieved a median investment return of 9.6 percent in their 2005 fiscal year, meaning that the returns for half of the organizations were greater than that and half were lower.
Of
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