Stanford Posts 0.4% Decline in Year of Losses at Top Endowments
- School’s fund increased to $22.4 billion through August
- Robert Wallace has led Stanford’s endowment since 2015
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Stanford University’s investments declined 0.4 percent for the year through June 30, a period when many of the richest and top-performing endowments struggled with volatile markets.
Stanford’s fund rose in value by less than 1 percent to $22.4 billion as of Aug. 31, due to gifts and other funds transferred into the endowment, the school in a statement Wednesday on its website. Stanford’s fiscal year ends in August but the school provided a return through the period when most college endowments report.