The endowment of Princeton University generated a 21.9 percent return on its investments for the fiscal year ended June 30. The endowment was valued at $17.1 billion. The endowment’s spend rate was 5.1 percent in fiscal 2011.
The university aims for spending between 4 percent and 5.75 percent of the market value of the endowment. The endowment’s average annual return over the past 10 years is 9.8 percent.
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