Oswego College Foundation’s endowment investment returns have exceeded the national average for 12 years straight, and for 15 of the past 16 years, according to the latest data released Jan. 31 by the National Association of College and University Business Officers (NACUBO).
SUNY Oswego’s returns during 2018 were 9 percent, nearly a full percentage point higher than the national average of 8.2 percent. The short-term endowment investment results allow spending rates to be maintained at 5 percent and still cover the current 2 to 2.5 percent inflation rates.
That translates to consistent funding for the college’s more than 475 privately funded scholarship recipients and the nearly 600 endowed and unendowed funds managed by the Oswego College Foundation, and more money being returned to campus to support academic pursuits and operational expenses.
SUNY Oswego’s endowment performed even better when looked at over the past 10 years. The college’s 10-year rate of return stands at 7.9 percent, which is better than the 5.8 percent NACUBO average and even the 6-percent returns of aspirational peers (colleges with endowments of more than $1 billion).
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