This report details results of a 1991 survey of 396 colleges and universities concerning aggregate investment base ($64.5 billion), spending rates, purchasing power, asset allocation, and performance measures. A table lists the institutions, their endowment assets, and their life income fund assets. (DB)

The article analyzes the performance of endowment investment pools based on survey results from 367 colleges and universities. Analysis considers wealth concentration, purchasing power, spending rates, asset allocation, and financial performance. A ranked listing of the institutions reports on endowment assets and life income fund assets as of…

Prudent asset-allocation policies, diversity in selection of investment managers, and pursuit of stocks with records of strong performance and controlled volatility averted disastrous losses encountered by the general U.S. market in the October 1987 stock market plunge. College and university endowment spending policies are discussed. (MLW)

Solving higher education's budget dilemma is not just a matter of revenue acquisition or cost reduction. It requires demonstrating to the American people and their elected representatives that higher education's accomplishments warrant its high price. Accountability and performance measurement are important tools for justifying acquisition and…