Princeton University's endowment returned just 3.9% for fiscal year 2024, significantly trailing its Ivy League peers, primarily due to an overreliance on venture capital and insufficient exposure to booming tech stocks. This performance follows a 1.7% loss in fiscal 2023 and is below the expected 6% return. Additionally, declining donations, which fell to $66.7 million, may impact the university's financial aid programs, which rely heavily on endowment support.
Princeton University’s endowment, valued at $34.1 billion, reported a 3.9% return for the year ending in June, marking the lowest performance among Ivy League institutions for the second consecutive year. The fund distributed $1.7 billion for the university's operations while maintaining its overall value.
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