UT Foundation outperforms national investment average among peers

March 3, 2016 | News, UToday, Advancement
By Sherry Stanfa-Stanley

The University of Toledo Foundation achieved a 2.3 percent total investment return for the 2015 fiscal year, surpassing the 2.0 percent average for participants of similar asset size, in the NACUBO-Commonfund Study of Endowments.

UTF logo webThe UT Foundation also outperformed national averages for the three-, five- and 10-year returns for its asset class in the industry survey by the National Association of College and University Business Officers and the Commonfund. The UT Foundation’s five-year-average return was 11.3 percent, compared to a 9.5 percent average for peer institutions.

Investments are overseen by the UT Foundation Board of Trustees and its investment committee.

Broad diversification and a focus on long-term growth are major components of the UT Foundation’s investment success, noted Russ Mitchell, investment committee chair.

“While we are always mindful of our short-term performance, UT Foundation funds are held in perpetuity. Therefore, we remain focused on long-term results rather than year-to-year returns or attempting to time the market,” he said. “Our investments continue to perform well against our benchmarks.”

The University of Toledo and the UT Foundation’s combined endowment totaled $419.2 million as of June 30, 2015.

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