On roughly a par with the erosion of the Vanderbilt University endowment as reported earlier this year, VU today announced that for the year ending June 30, 2009, the endowment stands $2.8 billion, a drop of 16.3 percent from year-earlier's $3.5 billion (prior to the full effects of the market crash).
Thursday, September 24, 2009
VU endowment drops
On roughly a par with the erosion of the Vanderbilt University endowment as reported earlier this year, VU today announced that for the year ending June 30, 2009, the endowment stands $2.8 billion, a drop of 16.3 percent from year-earlier's $3.5 billion (prior to the full effects of the market crash).
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