right arrow
Informational Message Stay on top of the information you need to navigate the admissions process amid the COVID-19 pandemic. We've got articles, videos and forum discussions that provide answers to all of your test prep, admissions and college search questions.   Visit our COVID-19 resource page.

Introducing Kai!
Your College Confidential guide bot.


Kai can provide tips and support as you research and apply to colleges, and explore majors and careers.





Chat with Kai
here, 24/7!


or Skip Forever

IMPORTANT NEWS: CC Forums are now in read-only mode as the team is working on the transition to a new, modern forum platform with enhanced features. We anticipate full service on the site to return by Friday, Nov. 27 at 2:00pm ET. Read more about this here!

Penn endowment fund increases to $10.7 billion

Penn95Penn95 2283 replies79 threads Senior Member
edited September 2016 in University of Pennsylvania
The endowment had an investment loss of 1.4% but it grew 6% to a record $10.7 billion because of an increase of gifts and donations to the school.

http://www.thedp.com/article/2016/09/endowment-2016
edited September 2016
3 replies
· Reply · Share

Replies to: Penn endowment fund increases to $10.7 billion

  • f2000saf2000sa 1090 replies59 threads Senior Member
    Good news. Just can not believe the 1.4% loss in today's market. Do they seek advice from Wharton?
    · Reply · Share
  • PennCAS2014PennCAS2014 378 replies8 threads Member
    Actually we're lucky it wasn't a larger drop. This was not a good year for universities with the biggest endowments. Things could have been far worse:
    http://www.bloomberg.com/news/articles/2016-09-29/cornell-s-endowment-posts-3-3-loss-worst-among-ivies-so-far

    So far it appears that among Penn's peers only Yale and MIT saw marginally positive returns this year. So the fact that Penn's 1.4% decrease wasn't larger speaks to the quality of those managing the endowment. That being said, there is always room for improvement
    · Reply · Share
  • Penn95Penn95 2283 replies79 threads Senior Member
    Yup this was not a good year at all. Apart from Yale, Princeton and MIT all other top schools had investment losses and I think other than Penn, all top schools reported endowment value decreases. Penn was able to have an increase because the investment loss was not huge and could be more than offset by the increased donations and the addition of some investments held by the Lancaster Health System which was acquired by Penn.
    · Reply · Share
This discussion has been closed.

Recent Activity