The Chronicle of Philanthropy released its annual survey on endowments yesterday:
The 253 endowments in The Chronicle’s annual survey enjoyed their fifth straight year of strong investment returns in 2007, but that streak may come to a halt in 2008.
The endowments in the survey earned a median return of 15.7 percent in 2007 — meaning that half of the endowments achieved higher returns and half lower — helped by a rising stock market and good returns on other types of investments.
Update: The Chronicle hosted a live discussion about how to create and build an endowment, tips and strategies, resources, and more. Find a transcript at philanthropy.com/live/2008/07/endowment.
