Notre Dame Endowment Pool Rises Again

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

The University of Notre Dame says its endowment pool ended the fiscal year in June with $13.1 billion, up from $11.8 billion the previous year. Chief Investment Officer Scott Malpass adds the pool saw a slight decrease in its return at 12.2 percent.

Malpass says the university saw spending distributions of about $400 million for the fiscal year with scholarships and fellowships accounting for nearly one-third of spending. Endowment pool distributions have increased 116 percent over the past 10 years and the university says its longer-term results are in the top tier of institutional investors. 

Malpass adds the endowment pool provides for students and faculty in almost every area of the university. 

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