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Results From the 2019 NACUBO-TIAA Study of Endowments

On-Demand | Originally Broadcast on April 2, 2020

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2019 NTSE Cover

The NACUBO-TIAA Study of Endowments provides the most comprehensive analysis of endowment investment returns, asset allocations, and governance policies and practices at U.S. higher education institutions and affiliated foundations. The extensive data provided by the NTSE can help institutions evaluate their investment performance and compare results by endowment size and institution type.


This session, recorded at the 2020 Endowment and Debt Management Forum in Washington, DC, provides an overview of the results of the annual survey. The panelists look back at the types of issues endowment managers encountered in FY19, review the strategies institutions used to confront volatile market conditions during the year, and provide a preview of the challenges investment pros and chief business officers will face in FY20 and beyond.

NACUBO's Ken Redd will be available to answer your questions during the rebroadcast.

Additional Resources

Endowment Management Webcast

What You Will Learn

NACUBO’s professional development programs are designed to deliver the skills, concepts, and best practices for success to individuals in the business of higher education. After participating in this program, you will be able to:

  • Appraise the challenges and opportunities in the investment climate of 2020.
  • Compare your institution’s FY19 investment returns against national averages by endowment size and institution type.
  • Express knowledge of the emerging investment strategies for FY20 and beyond.
  • Recognize differences in returns by asset class.
  • Report on the various governance challenges that you may need to meet to reach your institution’s endowment goals.

Who Should Attend

  • Accountants
  • Budget Directors
  • Chief Business Officers
  • Chief Investment Officers
  • Controllers

Meet The Presenters

  • Thomas Heck, chief investment officer, Ball State University Foundation
  • Maeesha Merchant, senior vice president, finance and operations, The Colburn School
  • Michael Murray, managing director, head of sales and distribution, TIAA
  • Ken Redd, senior director, research & policy analysis, NACUBO

CPE Information

There are no CPEs offered for this event.

CPE Credits are not available for On-Demand recordings at this time.

NACUBO is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website


Registration assistance: 877.797.7698 or

Cancellation Policies

Member Standard Ends April 2, 2022


Non-Member Standard Ends April 2, 2022




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