Page 16 - 2019-2020 Endowment Report | University of Rochester
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Thank you for your support
of the University.
The University of Rochester’s endowment funds, now Endowment funds are pooled together for investment
numbering more than 2,600 with a value of over $2.6 purposes and are managed in a highly diversified
billion, perpetuate a key source of revenue for the portfolio featuring many of the world’s most
University. Each year over $100 million is expended well-regarded investment firms. Since 2000, the
from the University’s endowment funds for faculty endowment’s net investment performance has
salaries, student scholarships, and programs. exceeded the benchmark by an average of 2% per year.
This has had a profound impact on the market value
The Investment Committee and the University’s of the endowment, adding $1.4 billion above the
Board of Trustees take a long-range view of the passive benchmark return.
University’s endowment. It supports both the current
and future generations of our faculty and students. Investment performance, combined with giving by
The endowment’s investment portfolio and prudent generous donors, helps to ensure the continued
spending policy serve to balance the present with financial viability of the University. On behalf of our
the future. students and faculty, we thank you for your support.
NAVEEN NATARAJ ’97 DOUGLAS W. PHILLIPS
Chair, Investment Committee Senior Vice President &
Board of Trustees Chief Investment Officer
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