What is the goal of the investment strategy of the Investment Committee of the University of Massachusetts Foundation?
Our committee mandate is to invest the University endowment in assets that will grow at a rate greater than inflation so that the spending power of our endowment over time continues to grow. The UMass endowment has grown significantly over the past ten years, but we have much further to go. At the close of fiscal year 2008, our endowment stood at $350 million, which placed us in the top quartile of the 785 universities that reported their endowments.
