The 2022 NACUBO-TIAA Study of Endowments is expected to show that college and university endowments posted sharply lower returns in fiscal year 2022. These lower returns, and the prospect for tough market conditions in the future, bring even more pressure for universities to spend more endowment dollars to support students and faculty. The returns also come as campus leaders are facing rising inflation, lower enrollments, and increasing calls for adding new diversity, equity, and inclusion policies.
This session provides an overview of the results of the 2022 NACUBO-TIAA Study of Endowments, the most comprehensive analysis of endowment investment returns, asset allocations, and governance policies and practices at U.S. higher education institutions and affiliated foundations. College and university chief investment officers and other panelists will look back at the investment returns, asset allocations, and other factors that influenced performance in fiscal 2022. Panelists will also address the challenges of the financial market conditions they are facing in 2023 and beyond. We will also review the potential changes in spending strategies institutions used during the year.