University of Notre Dame says endowment grew by $1.5 billion in past year

bug


We also have more stories about:
(click the phrases to see a list)

Subjects:

Places:

 


SOUTH BEND, Indiana — The University of Notre Dame says its endowment grew by $1.5 billion during the past year.

Notre Dame officials say the school's endowment reached $9.8 billion at the end of June. The university says that includes a 19.7 return on investments during the one-year period.

The endowment made some $300 million in spending distributions to the university during that time.

Officials say the South Bend school's endowment has nearly tripled since it was at $3.5 billion 10 years ago.

All content copyright ©2014 Daily Journal, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Click here to read our privacy policy.