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2019 NACUBO-TIAA Study of Endowments

2020 NACUBO-TIAA Study of Endowments

Final results from the 2020 NACUBO-TIAA Study of Endowments are scheduled to be released to the public on February 19, 2021. For more details about the 2020 NTSE, please send a note to the NTSE help desk.

In the meantime, you may view the final results from the 2019 NACUBO-TIAA Study of Endowments, which were released on January 30, 2020. Please see the press release and public tables for summary data and key findings from the 2019 NTSE. A NACUBO-in-Brief Podcast and PowerPoint presentation of key insights from the NTSE are also available. For information from previous studies, please go to our Historic Endowment Study Data page.  

The full 2019 NTSE final report is now available for purchase. Click here for purchasing information. 

  • NTSE Participants: 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 the Endowment Study help desk.
  • NTSE Sponsors: All study sponsors have complimentary access to the final report. For instructions on how to access the study results, please email the Endowment Study help desk.
  • NTSE Products for Non-Participants: The complete study is available for purchase and instant download from the NACUBO Online Bookstore


2019 NACUBO-TIAA Study of Endowments Sponsors

NACUBO would like to thank the 2019 NTSE sponsors for their generous contributions, which make the NTSE production possible.

Primary Contributor: TIAA

Premier Access: Bank of America; Commonfund

Blue Ribbon: Prime Buchholz LLC

Top Access: Goldman Sachs; Graystone Consulting a business of Morgan Stanley; John W. Bristol & Company, Inc.; SEI Investments; SunTrust Bank 

Sponsors: AON Service Corporation; Mason Advisory Services, Inc. 


Additional Resources

Contact NACUBO Endowment Study staff for questions regarding the study.


Ken Redd

Senior Director, Research and Policy Analysis


Related Content

NTSE Frequently Asked Questions

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

Future Endowment Study Participation

Information about participating in the 2020 NTSE for college and university endowments and affiliated foundations.

Historic Endowment Study Data

Historical endowment market values and investment returns, net of fees, for endowment study participants from 1990 to 2018