Final results from the 2023 NACUBO-Commonfund Study of Endowments (NCSE) were posted on February 15, 2024.
Please see the following resources for key data and findings from the NCSE:
The full 2023 NCSE final report is available for purchase.
Purchase the Report
2023 NACUBO-Commonfund Study of Endowments—Institution-Specific Dataset
For an additional $500, you can purchase the 2023 NACUBO-Commonfund Study of Endowments—Institution-Specific Dataset. This product allows NCSE readers to get a more granular look at the net investment returns, asset allocations, and effective spending rates of institutional respondents to the 2023 Study. The dataset contains anonymized detailed information for the U.S. respondents to the NCSE. It allows users to compare results by state, endowment size level, institution type, and other dimensions. Click here to see the list of variables available in this additional database.
Purchase the Dataset
2023 NACUBO Endowment Study of Canadian Institutions
We are pleased to offer the 2023 NACUBO Endowment Study of Canadian Institutions at no additional charge. The study collects endowment market values, investment returns, asset allocations, spending dollars, and spending rates from higher education institutions and institutionally related foundations in Canada.
Access the Canadian Study
All staff at participating institutions have complimentary access to the final report. If you need help in gaining report access, please send an email to NCSE@nacubo.org.
All study sponsors have complimentary access to the final report. For instructions on how to access the study results, please email NCSE@nacubo.org.
NCSE Products for Non-Participants
The complete study will be available for purchase and online access from the NACUBO Online Bookstore. Note: NACUBO account required (free).
NACUBO would like to thank the 2023 NCSE sponsors for their generous contributions, which make the NCSE production possible.
John W. Bristol, Mason Investment Advisory Services, Inc.
Email NCSE@nacubo.org with questions regarding the study.