University endowment is on the decline - HASANI GRAYSON, Loyola Maroon

Loyola’s endowment has been in a state of slow recovery since 2006, but recent trends indicate some signs of improvement. At the end of the 2012 fiscal year, Loyola’s endowment was at $247,439,561. The figure is down from last year’s endowment number of $261,916,132, but a report prepared at a recent board meeting indicates that it not just the raw number that determines the endowments success. 
“Overall, 2012 was a good year for Loyola’s Endowment,” the report said. “The Unrestricted and Restricted Pools returned 12.5% and 18.3% respectively, surpassing all of our benchmarks.” 
 At the beginning of the board’s report, it is mentioned that there were “several macro headwinds” that were going to make getting strong returns more difficult than normal. Since the university’s endowment figure is money that is invested and not kept in savings, its financial health is greatly affected by the overall state of U.S. economy. 
 http://www.loyolamaroon.com/2.6710/university-endowment-is-on-the-decline-1.2826930