Donors support UChicago priorities with historic $459 million fundraising year

Colleges & Universities University of Chicago
15

<p>UChicago endowment spending policy is similar to most universities: they spend 4.5 - 5.5% of the prior year’s endowment balance. </p>

<p>The exact amount of endowment “spending” for FY2012 can be found through the link below (couldn’t find 2013, but 2012 is around $372 million):
<a href=“http://finserv.uchicago.edu/pdf/2012FinState.pdf[/url]”>http://finserv.uchicago.edu/pdf/2012FinState.pdf&lt;/a&gt;&lt;/p&gt;

<p>You’re right, there are missing pieces here. I’m not an expert on financial endowments. Maybe someone will read this who knows will weigh in.</p>