Princeton Posts 12.7% Annual Return, Surpasses Stanford in Size
- Value of university's endowment rose about 8% to $22.7 billion
- Ivy League school's return beats Yale, UPenn, Harvard
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Princeton University reported an investment return of 12.7 percent for the year ended June 30, besting all of its Ivy League peers that have reported so far and becoming the fourth-largest college endowment in the U.S.
The value of the endowment rose about 8 percent to $22.7 billion, according to a statement Monday from the Princeton, New Jersey-based school. The university had an annual average return of 10.1 percent over the past decade, which is among the top percentile of almost 500 universities listed by Wilshire Trust University Comparison Service, according to the school.