Bowdoin College Endowment Earns 15.3 Percent Return
This year, distributions from the endowment provided 51 percent of Bowdoin’s $243 million operating budget, while tuition and fees accounted for 37 percent.
Just a decade ago, those percentages were nearly reversed, with tuition and fees providing more than half of the operating budget at the time.
Some 46 percent of distributions from the endowment goes to financial aid.
“The strength of our endowment enables us to invest in our mission,” said Bowdoin president Safa Zaki. “Among other things, it sustains our commitment to access, which includes meeting the full demonstrated need of every admitted student.”
Bowdoin’s fiscal year investment return exceeded the median of 11 percent for all college and university endowments during the same period, based on preliminary reports by Cambridge Associates, which monitors endowment and foundation performance nationwide.
Author summary: Bowdoin College endowment returns 15.3 percent.
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