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Endowment and Debt Management

The final report for the 2016 NACUBO-Commonfund Study of Endowments (NCSE) is now available in the NACUBO online bookstore. The 2016 NCSE report is based on 805 U.S. college and university endowments and affiliated foundations that participated in the 2016 study. Collectively, these institutions held more than $515 billion in endowment assets at the end of FY16.

The 2016 report provides more than 60 tables and figures that show college and university endowment net investment rates of return, asset allocations, investment policies, fund flows, and long-term debt, as well as other details regarding endowment performance and management, by endowment size and type of institution. 

All staff at institutions that participated in the study may access the report for free. For more information, please contact Staff at non-participating institutions may purchase the study online.


Ken Redd

Senior Director, Research and Policy Analysis


Related Content

Public NCSE Tables

Public NCSE tables provide an overview of investment returns, asset allocations, spending rates, and endowment market values at college and university endowments and affiliated foundations that participate in the annual series of NACUBO endowment studies.

NCSE Frequently Asked Questions

A list of common questions and answers about the NACUBO-TIAA Study of Endowments (NTSE)

2023 NACUBO-Commonfund Study of Endowments Sponsors

Thanks to the many corporate sponsors for their support of the annual endowment study.