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.