Fueled by Soaring Financial Markets, Brown Endowment Return Tops 50%
October 15, 2021
October 15, 2021
PROVIDENCE, Rhode Island, Oct. 15 (TNSOps) -- Brown University issued the following news release:
Buoyed by strong performance among financial markets across the globe, the Brown University endowment generated a 51.5% return during Fiscal Year 2021. Brown closed its fiscal year on June 30, 2021, with an endowment market value of $6.9 billion.
Brown's endowment is a collection of charitable gifts designated by donors to be spent for specific purposes and invested by . . .
Buoyed by strong performance among financial markets across the globe, the Brown University endowment generated a 51.5% return during Fiscal Year 2021. Brown closed its fiscal year on June 30, 2021, with an endowment market value of $6.9 billion.
Brown's endowment is a collection of charitable gifts designated by donors to be spent for specific purposes and invested by . . .