endowment
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October 22, 2024
U-M’s endowment generated 8.93% return rate in FY ’24
The university’s endowment climbed $1.3 billion to a market value of $19.2 billion during fiscal year 2024, with distributions at a record $506 million to support a variety of university functions.
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September 19, 2024
University adopts new policy statement for endowment
The Board of Regents has approved a new investment policy statement for the university’s Long Term Portfolio, the primary investment vehicle for the university’s endowment funds.
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May 6, 2024
Previous U-M investment changes and divestments
Stories from The University Record, and university reports about previous University of Michigan investment changes and divestments.
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May 6, 2024
Endowment 101: Facts about U-M’s $17.9 billion endowment
With calls for divestment on college campuses across the country raising questions about university endowments, this Q&A explains U-M’s endowment and related investment procedures.
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March 28, 2024
Regents decline to divest from companies linked to Israel
U‑M will not divest from companies linked to Israel, the Board of Regents has announced, reaffirming its policy to shield the endowment from political pressures and base investment decisions on financial factors.
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October 19, 2023
Endowment generated 5.2% return in FY ’23
U-M’s endowment climbed $529 million to a market value of $17.9 billion during the last fiscal year, with distributions at a record $470 million.
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December 8, 2022
U-M reports progress on endowment-related carbon reductions
Recent investments in renewable energy and fuel will prompt considerable reductions in greenhouse gas emissions associated with the U-M’s endowment.
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October 20, 2022
University’s endowment saw modest growth in FY ’22
U-M’s long-term investment portfolio, which consists mostly of the endowment, grew 2.2% in the last fiscal year. The portfolio’s performance was among the highest for large university endowments.
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March 10, 2022
Harris gift names women’s basketball head coach position
Kim Barnes Arico will be known as the J. Ira and Nicki Harris Family Head Women’s Basketball Coach after a $3 million gift on behalf of Nicki Harris and the late J. Ira Harris.
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October 21, 2021
Endowment shows strong returns amid financial-market growth
U-M’s endowment contributed $404 million for operations last fiscal year, with the funding supporting a wide range of university functions, including student scholarships, faculty, research, libraries, infrastructure and clinical care.