What is the right amount of endowment?
Through the generosity of alumni and other friends, coupled with prudent and successful investment management, Augustana’s endowment has grown from $7.5 million in 1982 to $110 million in 2008. One common measure of endowment adequacy is the amount of endowment per student. The larger the endowment in relation to the number of students, the more resources an institution has to improve the student experience. Augustana competes with other colleges and universities for both students and faculty. To compete effectively, Augustana must have the resources to continue to provide opportunities for innovative student learning and faculty involvement, and an enhanced campus infrastructure to support student needs.