Growth of the Fund

The chart below breaks down the sources that have contributed to the Fund’s growth in value from $956 million at the inception of fiscal year 1992 to $9.704 billion through the fiscal year ending August 31, 2014. The Endowment’s growth over the past 22 years is the result of new gifts, Treasury transfers, and capital appreciation, minus cumulative yearly spending. Please note that the cumulative spending since 1991 recently crossed the $4 billion mark.

2014 Growth of the Fund