endowment
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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.
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December 3, 2020
$5M gift from Breach family endows Law School deanship
The Breach Family Foundation and Law School alumnus David A. Breach have committed $5 million to the U-M Law School to permanently endow the David A. Breach Deanship.
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October 22, 2020
Endowment provides increased funding for U-M operations
U-M’s endowment continued to provide funding for operations totaling $391 million, up more than 6 percent from a year earlier. The endowment was valued at $12.5 billion as of June 30.
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October 17, 2019
U-M endowment up $500M after another strong year
The value of U-M’s endowment rose to $12.4 billion, and its 20-year annualized return of 9.2 percent ranks U-M in the top decile for long-term investment performance among university endowments.
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October 18, 2018
U-M endowment up $1B over last year with strong rate of return
The value of U-M’s endowment climbed to $11.9 billion in fiscal year 2018, $1 billion more than a year ago. The rate of return for the fiscal year was 10.7 percent.
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September 13, 2018
University leaders reaffirm support of successful investment practices
University leaders are reaffirming support for the university’s investment practices while refuting new claims by the Detroit Free Press that imply wrongdoing on the part of the university and its regents in regard to interactions with university donors.
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September 13, 2018
Additional statement from U-M Regent Andrea Fischer Newman
University of Michigan Regent Andrea Fischer Newman shared this additional statement following the publication of a story today in the Detroit Free Press: I love the University of Michigan and have been honored to serve its students and community. Transparency and accountability are two of my core principles, which is why I was appalled that…