Tag: endowment

Endowment Grows 10.7 Percent in the Latest Fiscal Year
News, Top Story, Administration

Endowment Grows 10.7 Percent in the Latest Fiscal Year

Boston College’s Executive Vice President Michael Lochhead announced Wednesday at University Convocation that the endowment posted a 10.7 percent return on investment during the last fiscal year that ended on May 31, which Lochhead said surpassed University expectations. 2018 is the 47th consecutive year operating revenues exceeded expenses, according to Lochhead, which he said was…

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