Wednesday, March 19, 2008
UNC, Duke 2007 Endowment Growth Rank High
According to the National Association of College and University Business Officers, UNC-Chapel Hill grew its endowment by 32.1 percent in 2007, while Duke’s endowment grew by 31.4 percent. UNC was second only to the University of Notre Dame among the 76 North American schools with billion-dollar endowments. The results reflect the total amount of money in the endowment—taking into account both donations and withdrawals from the fund as well as investment growth.