Endowments & Foundations

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Increasing organizations’ impact

A key priority for leaders is to build assets and increase their organization’s impact.  The TIAA Institute supports the sector’s efforts through our focus on foundation and endowment performance and impact. 

Insights

Also produced by the TIAA Institute, Insights features reports addressing prominent issues in financial security, higher education, and philanthropy. While typically written for a primarily non-technical audience, Insights are prepared using the same level of academic rigor found in our other research publications, and can serve as valuable sources of information for a diverse group of readers.

June 2009

Endowments are stocks of financial and real assets held by colleges and universities to generate income for current and future operations. Donors often place specific restrictions on the use of their gifts.

March 2005

Traditional U.S. and international equities performed well and domestic bonds performed poorly in fiscal 2004, thus rewarding college and university endowments with large allocations to the former and small allocations to the latter.

March 2005

Investment managers at the 2005 NACUBO Endowment Forum appeared grateful for the strong equity returns in fiscal 2004, but expressed little hope for a continuation of stellar performance going forward. Pundits said that U.S.

Research Reports

Original research produced by the TIAA Institute—both independently and in collaboration with noted scholars—examines topics of interest to the academic, nonprofit and public sectors. The reports combine statistical findings with thoughtful, data-driven observations and conclusions to provide in-depth analyses that are informative and appropriate for both technical and more academic audiences.

March 2017

Can a university’s characteristics be a better indicator of an endowment’s effectiveness than endowment size? 

December 2012

In the aftermath of the 2008-09 recession, many individuals are worried about their short-term and long-run  financial security.

June 2011

This paper summarizes a survey of university endowment funds, with a particular focus on the composition of endowment investment committees and how this composition is associated with a number of key activities.