Over the one-year period ended June 30, the observed universe had negative performing across all subgroups, with public colleges performing the best at -1.4%. The S&P 500 index and Barclays U.S. Aggregate Bond index were 4% and 6% over the period, respectively.
E&F asset allocations maintain status quo
Spending ratios were higher on average across the data subsets, with only institutional foundations pulling back spending to 3.9% in 2016 from 4.2% in 2015.