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groups, Yale
University arrested 48 student activists for staging a sit-in at the Yale Investment Office to protest Yale’s holdings in the fossil fuel industry and Puerto Rican debt. That same quarter Yale sold 99 percent of its direct investment holdings in Antero Resource Corporation, a natural gas
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As of June 30, 2022, the endowment was valued at $ 41.383 billion. Since the early 1990s, the endowment has generated annual returns for the university of approximately 11.3 percent, with a portion of the annual return forming part of the university's operating budget and the remainder reinvested to
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Yale's endowment has been widely criticized for its investments in fossil fuel companies, Puerto Rican debt, private prisons, companies which provide services to
Immigration and Customs Enforcement, subprime mortgage lending companies, and for other controversial holdings. In December 2018, after
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grow the size of the endowment. Spending from revenue earned off the endowment accounted for $ 1.2 billion of the university's operating budget in 2017 and $ 1.5 billion in 2021. The university aims to spend approximately 5.25 percent of the endowment on its annual operating budget.
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Beginning in the early 2000s, some criticized the size of compensation given to the endowment's managers. In 2015, Swensen earned $ 4.5 million, making him the highest-paid employee at the university, surpassing the compensation of even university president
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considered taxing Yale's investment returns as a way of plugging a gap in the state budget. The university objected, in part, on the grounds that such a move would be a violation of the tax exemption guaranteed to the university by the
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sold a portion of his collection of gems and furniture to provide an initial fund of £562 for the establishment of the school's endowment. From 1985 until 2021, the Chief
Investment Officer of Yale was alumnus
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The endowment has become known for seeking out "unconventional assets" and for investments in emerging businesses. In the 1990s it invested in
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and has grown to more than $ 40 billion in value over the ensuing 300 years. It is managed by the Yale
Investments Office.
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and has a reputation as one of the best-performing investment portfolios in
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investments had averaged 93-percent returns over the preceding two decades.
360:"Investment return of 3.4% brings Yale endowment value to $ 25.4 billion"
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Yale
University was founded as "the Collegiate School" in 1701. In 1718,
47:, then Yale College, in 1718 from an initial fund of £562 provided by
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Leadership in
Nonprofit Organizations: A Reference Handbook, Volume 1
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561:"Yale endowment chief Swensen's pay falls to $ 4.2 million in 2015"
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List of colleges and universities in the United States by endowment
444:"What Yale Invested in to Almost Double Its VC Dollars Every Year"
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389:"Yale endowment earns 40.2% investment return in fiscal 2021"
200:"Yale Endowment Blasts Low-Fee Critics, Says Gains Would Lag"
475:"As Budget Woes Grow, Some Want To Tax Yale's Endowment"
231:"The Money Management Gospel of Yale's Endowment Guru"
418:"How to invest like ... Yale University's £20bn fund"
586:Arvanitis, Lorenzo; Cho, Serena (9 December 2018).
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588:"YPD arrests 48 people at divestment sit-in"
503:"Tax Yale's Endowment? Good Luck With That"
33:world's second-largest university endowment
613:"Yale sells 99 percent of Antero holdings"
639:Yale Investments Office - Yale University
229:Fabrikant, Geraldine (November 5, 2016).
258:"A renaming question very close to home"
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536:"Yale's top earners defended"
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283:Agard, Katherine (2011).
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366:. September 23, 2016
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158:References
125:in 1745.
61:Elihu Yale
49:Elihu Yale
364:Yale News
41:endowment
571:July 11,
545:July 11,
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486:July 11,
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211:July 11,
146:See also
98:LinkedIn
94:Facebook
320:. 2013.
55:History
31:is the
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112:Issues
102:Airbnb
100:, and
90:Amazon
86:Google
39:. The
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