The University’s endowment returned 11.7 percent in fiscal year 2013, falling in line with other recently announced returns across the Ivy League. The total value of the endowment grew to $18.2 billion.
This year’s return surpassed the 3.1 percent gain in fiscal 2012, when the value of the endowment shrunk slightly since spending outpaced growth.
The Friday announcement follows a Thursday meeting of the directors of the Princeton University Investment Company, which manages the endowment.
The double-digit gains reported by the University and its peers reflect increasingly bullish activity in foreign and domestic markets.
The Standard & Poor’s 500 index, a portfolio considered a broad indicator of market conditions, rose 17.9 percent between June 30, 2012 and June 30, 2013. In the same period, Harvard’s endowment posted an 11.3 percent return — the lowest return level of the Ivy League schools that have reported so far — while Yale and Dartmouth reported returns of 12.1 and 12.5 percent, respectively. Among the Ivy League, the University of Pennsylvania registered the largest gain at 14.4 percent.
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Trump names Will Scharf ’08 as White House staff secretary
Vivien WongOn Nov. 16, President-elect Donald Trump named Will Scharf ’08, one of his personal attorneys, as White House staff secretary. During his time at Princeton, Scharf was involved with the Center for Jewish Life and Chabad, served as president of Charter Club and the Interclub Council, and made an unsuccessful bid for USG president.
On Nov. 16, President-elect Donald Trump named Will Scharf ’08, one of his personal attorneys, as White House staff secretary. During his time at Princeton, Scharf was involved with the Center for Jewish Life and Chabad, served as president of Charter Club and the Interclub Council, and made an unsuccessful bid for USG president.
N.J. wildfires spike after prolonged dry period, Princeton experts explain
Achilleas KoukasNew Jersey has seen a sharp uptick in wildfires in recent months, as well as rising temperatures and drier air. The ‘Prince’ spoke to climate scientists and students on campus to understand what is behind these changes.
New Jersey has seen a sharp uptick in wildfires in recent months, as well as rising temperatures and drier air. The ‘Prince’ spoke to climate scientists and students on campus to understand what is behind these changes.
USG presidential candidates on protest, relationship with administration
Annie RupertusCurrent USG Social Chair Enzo Kho ’26 and current USG Treasurer Uma Fox ’26 are squaring off in the USG president election this week. While Kho and Fox share broad similarities in their policy stances, nuances lie in their approaches to USG’s relationship with the administration and solutions to issues of free expression on campus.
Current USG Social Chair Enzo Kho ’26 and current USG Treasurer Uma Fox ’26 are squaring off in the USG president election this week. While Kho and Fox share broad similarities in their policy stances, nuances lie in their approaches to USG’s relationship with the administration and solutions to issues of free expression on campus.
