- The value at the end of the fiscal year, as reported in the annual National Association of College and University Business Officers (NACUBO) and Commonfund Institute’s annual report of Market Value of Endowment Assets. The endowment value consists of just the permanently endowed funds.
- The total pooled investment portfolio, which consists of permanently endowed funds, temporarily restricted funds, and unrestricted funds.
*The reduction in the Endowment value is due to an adjustment made of $14.7M on the FY17-18 Audited Financial Statements to remove the unspent appropriated earnings from prior years, as these are operating funds. The unspent operating funds, endowment earnings appropriated for expenditure, in prior years was reported as part of the Endowment value.