Valparaiso University’s overall endowment investment return of 10.7 percent in fiscal year 2018 was within the top 10 percent of participants in the 2018 NACUBO-TIAA Study of Endowments. This performance outpaced the 8.2 percent average return for the more than 800 participating colleges and universities, during a time when endowments are playing a larger role in institutions’ operations, according to the CEO of TIAA Endowment and Philanthropic Services.

“Valparaiso University’s placement in the upper decile of more than 800 colleges and universities is a positive indicator of the strength of our endowment investment portfolio and investment returns, which will support the long-term financial stability of the University,” said Susan D. Scroggins, CPA, ’04 MBA, senior vice president for finance.

A strong endowment reduces dependence on student tuition dollars and improves institutional agility, making it possible to respond to unforeseen challenges, fund a program or scholarship that may not otherwise receive support or seize an opportunity that requires immediate funding not available in the operating budget.

In 2016, Valparaiso University launched Forever Valpo: The Campaign for Our Future, a $250 million endowment campaign that will help secure the University’s leadership position among faith-based colleges and universities by establishing resources for student scholarships, faculty development and programs that prepare students for lives of leadership, service and generosity. Forever Valpo recently passed its $200 million milestone, with gifts already impacting scholarship and faculty fellowship recipients.

As of Jan. 25, Forever Valpo had raised more than $42 million to support student scholarships, $41 million for programs and $32 million for faculty development. The Campaign is scheduled to run through June 2021, and more information can be found at valpo.edu/forevervalpo.

The annual NACUBO-TIAA Study of Endowments analyzes return data and a broad range of related information gathered from United States colleges and universities, both public and private, as well as their supporting foundations. According to a press release, its size and scope make it the most comprehensive annual report on the investment management and governance practices and policies of higher education institutions across the country.

Print Friendly, PDF & Email