Endowment At A Glance

The Endowment By Division

The University of Rochester Medical Center comprises the largest share of the endowment. Arts, Sciences & Engineering and the Eastman School of Music share the next two largest segments of the endowment. The Simon Business School, Warner School of Education and Human Development, and the Memorial Art Gallery collectively represent about 7% of the endowment. Approximately 6% of the endowment is from unrestricted gifts that are designated by the Board of Trustees as permanent support for Arts, Sciences & Engineering. The growth of endowment through philanthropy helps ensure predictable budget support for education, the arts, and patient care.

As of June 30, 2017 (fiscal year-end 2017)

Asset Allocation

Rochester’s portfolio maintains a balance of domestic and foreign equities and fixed income as well as investments in private equity, hedge funds, real estate, and other assets that typically do not trade on public markets. The portfolio is divided into 43% traditional publicly traded assets—stocks and bonds—and 57% non-publicly traded investments, referred to as “alternative investments.” This approach has ensured growth, with volatility below public markets, during economic expansions and capital preservation in economic downturns.

As of June 30, 2017 (fiscal year-end 2017)

Ten-Year Annualized Return vs.
Peer Group, Fiscal 2016

* Custom benchmark represents the following “spliced” blend: From 7/1/07-9/30/10: 60% Wilshire 5000, 20% MSCI ACWI ex US, 20% BC Aggregate. From 10/1/10-present: 80% MSCI ACWI, 20% BC Aggregate.
Note: In the comparison of ten-year annualized returns on endowment from Rochester’s Close Peer Group, the University’s peers have been randomly assigned a color designation. Figures are drawn from inter-institutional data.