Endowment Impact
As of June 30, 2023, the University of Massachusetts endowment totaled $1.31 billion. Consisting of 2,873 individual funds with varying purposes, the endowment supports the students, faculty, and academic programs at all five campuses of the University of Massachusetts. Over the past decade, UMass’s endowment assets have nearly doubled - from $649 million to $1.31 billion - while earning an average investment return of 6.8 percent.
Endowment Support
Just shy of forty percent of endowment assets ($507 million) support the Amherst campus. Chan Medical School holds approximately a quarter of total assets ($361 million), as do the combined endowment totals of the Lowell ($149 million), Boston ($148 million), and Dartmouth ($76 million) campuses. Five percent of endowment funds are designated in support of more than one campus and other system endeavors through the President’s Office. In addition to the campus and system-specific endowment funds, the UMass Foundation also holds endowment funds for the Edward M. Kennedy Institute, which make up approximately one percent, or $19 million, of the total.
Additionally, one in five endowment dollars supports the university’s outstanding faculty, often in the form of endowed professorships and chairs, which offers UMass the ability to attract and retain the foundation for the university’s academic and research excellence: our outstanding faculty members. Endowed funds also support specific academic areas, research, athletics, libraries, and a variety of other donor-designated purposes.
