Notre Dame Touts Increased Endowment Pool

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(photo courtesy University of Notre Dame) (photo courtesy University of Notre Dame)
SOUTH BEND -

The University of Notre Dame says its endowment pool rose in Fiscal Year 2017. The university reported $11.8 billion in its endowment pool, up from $10.4 billion the previous year. Notre Dame also saw a 12.6 percent return, which is a sharp contrast to a negative return the previous year. 

Vice President and Chief Investment Officer Scott Malpass says the university saw spending distributions of $368 million for the fiscal year with scholarships and fellowships representing about one-third of total spending. Nearly 20 percent was dedicated to support professorships with another 20 percent supporting academic, religious and student programs.

The university says endowment pool distributions have increased 132 percent over the last 10 years and its longer-term results are in the top tier of institutional investors. Malpass says the returns will continue to support students and faculty in all areas of scholarship, financial aid, student life and research.

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