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University of Notre Dame Endowment
University of Notre Dame Endowment is a other headquartered in United States (North America). Ranked #144 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
Historical Background
- The University of Notre Dame was founded in 1842 by members of the Congregation of Holy Cross.
- In 1944, the university's endowment was valued at $1.4 million.
- The endowment grew to over $600 million by 1990 and reached $20.3 billion by the end of the 2021 fiscal year.
- At the close of the 2023 fiscal year, the endowment was valued at $18.9 billion.
Source of Capital
- The endowment is comprised of over 7,000 individual funds established by donors.
- Capital is sourced from contributions from alumni, parents, and friends of the university.
Major Events
- The 2021 fiscal year saw a 53.2 percent investment return, the second-highest one-year return in the endowment's history.
- For the 2023 fiscal year, the endowment's return was 1.32%.
Allocation Strategy
- The endowment's investment strategy is guided by principles of Catholic social teaching.
- A portion of the endowment is allocated to private equity.
- Payouts from the endowment fund financial aid, academic programs, and university operations, covering approximately 37% of the university's budget.
- The endowment is the largest at a Catholic university and the 12th largest in American higher education.
Sources
- https://sites.nd.edu/2018-accfo/the-history-and-nature-of-university-endowments/
- https://scholastic.nd.edu/issues/the-endowment-not-just-a-pot-of-gold/
- https://magazine.nd.edu/stories/endowment-boom/
- https://www.nd.edu/stories/sustaining-impact/
- https://giftplanning.nd.edu/impact-stories/what-is-the-notre-dame-endowment/
- https://www.ndsmcobserver.com/article/2024/04/notre-dame-endowment-return-lags-behind-public-markets-due-to-private-equity-exposure
- https://strategicframework.nd.edu/notre-dame-2033-a-strategic-framework/part-i/