With 11.3% return in 2024, Brown endowment provides record support for academic priorities
October 04, 2024
October 04, 2024
PROVIDENCE, Rhode Island, Oct. 4 -- Brown University issued the following news:
PROVIDENCE, R.I. [Brown University] The Brown University endowment generated an 11.3% investment return during Brown's Fiscal Year 2024, the 12-month period that closed on June 30, 2024.With $728 million in investment gains, $203 million in new endowed gifts and a $281 million contribution to Brown's operating budget, the endowment's total market value increased from $6.6 billion to $7.2 billion.The $281 . . .
PROVIDENCE, R.I. [Brown University] The Brown University endowment generated an 11.3% investment return during Brown's Fiscal Year 2024, the 12-month period that closed on June 30, 2024.With $728 million in investment gains, $203 million in new endowed gifts and a $281 million contribution to Brown's operating budget, the endowment's total market value increased from $6.6 billion to $7.2 billion.The $281 . . .