The Oswego College Foundation, Inc. Board of Directors and its Investment Committee announce that for the year ended June 30 its endowment investment return was 14.1 percent, once again leading the industry. The endowment continued its trend of outperformance for a seventh consecutive year, and now nine out of the past ten years.
The preliminary results of the 2013 annual National Association of College and University Business Officers – Commonfund Study of Endowments released Nov. 6, noted that the preliminary industry average return for the year ended June 30 was 11.7 percent, 2.7 percent below Oswego’s returns.
Oswego’s endowment assets are nearly 100 percent donor designated in support of student scholarships and student academic experiences. Assets provide critical funding that gives students access and opportunity at SUNY Oswego.