IC endowment exceeds $300 million for the first time

The Ithaca College endowment topped $300 million for the first time in 2017, an 11.57 percent and $31.2 million increase over the year prior. This was the largest percent increase since 2013 and reflects a national increase in college and university endowments in 2017.     

The long-term performance of college endowments carries more weight than one-year returns. In the last 10 years, the college has averaged an annual endowment gain of 3.5 percent, lower than the national 10-year...

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