Bowdoin endowment crosses $1 billion

Colleges & Universities Bowdoin College
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<p>[Bowdoin’s</a> investment managers did an outstanding job for the most recent fiscal year, producing a 16% rate of return and topping $1 billion in endowment.](<a href=“http://www.bowdoindailysun.com/2013/09/bowdoin-endowment-surpasses-1-billion-on-investment-return-of-16-0-mills-links-growth-to-affordability/]Bowdoin’s”>http://www.bowdoindailysun.com/2013/09/bowdoin-endowment-surpasses-1-billion-on-investment-return-of-16-0-mills-links-growth-to-affordability/) The endowment now sits at $1.038 billion, wit a substantial chunk of proceeds (45%) set aside each year for financial aid.</p>

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<p>That’s what I’m talkin’ about!</p>

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<p>Fuel for a bright future, yo.</p>

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<p>Especially when you consider that only 71 colleges in the US can make the same claim, and the relative size of Bowdoin’s student body, I’d say that pretty amazing. Go U Bears.</p>