Religious Schools Endowment Trends

May 17, 2024, 4:27 PM

(from Commonfund Institute) Following the release of the FY2023 study, Commonfund did a deep dive into the 59 participating schools who indicated they have a religious affiliation. The results reflect a comparative analysis between those 59 schools and the 210 total respondents from the full CSIS report. FY2023 one-year returns for participating schools were positive across all size cohorts in both the religious schools’ cohort and the 210 total CSIS respondent’s group, which was a reversal of FY2022’s down year. The religious schools’ cohort reported an overweight to U.S. equities , fixed income and non-U.S. equities but an underweight to alternatives. 

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