Strong U.S. Stock Market Put College Endowments Back in the Black in 2013

College endowments rebounded in the 2013 fiscal year, with an average increase in value of 11.7 percent over a year earlier, according to the NACUBO-Commonfund Study of Endowments benchmark survey. The increase was in stark contrast with 2012, when their average values fell by 0.3 percent. The annual survey is compiled jointly by the National Association of College and University Business Officers (NACUBO) and the Commonfund Institute, the education and research arm of the Commonfund, an institutional-investment firm.