The University of Wisconsin Foundation’s endowment grew by 20.7 percent between fiscal year 2010 and 2011 bringing it to a total of $1.87 billion dollars, according to a report released this week.
The University of Wisconsin Foundation is the university’s official private, non-profit fundraising and gift-giving organization.
According to the National Association of College and University Business Officers and the Commonfund Institute report, the recent endowment ranks 34th nationally with Harvard leading the rankings with $31.7 billion, and 5th in the Big Ten behind University of Michigan, Northwestern University, University of Minnesota, Ohio State University and Purdue University respectively.
The report indicates a national increase of 19.2 percent since June 30 2010, a significant improvement from a 11.9 percent gain in 2010 and an 18.7 percent drop in 2009.
