Harvard University’s endowment, the largest of any college in the U.S., stayed roughly flat at just over $50 billion, with a 2.9% rate of return for a year in which many of the country's wealthiest colleges so far have reported fairly low investment results.
The overall size endowment fell slightly — from $50.9 billion to $50.7 billion — because the university drew down $2.2 billion from the endowment than it brought in through investment gains.
STAY IN THE KNOW
 |
Watch NBC10 Boston news for free, 24/7, wherever you are. |
 |
Get Boston local news, weather forecasts, lifestyle and entertainment stories to your inbox. Sign up for NBC Boston’s newsletters. |
Copyright Boston Business Journal
