The endowment for the University System of Maryland Foundation, Adelphi, returned a net 27.2% on its investments for the fiscal year ended June 30, according to its latest annual report.
The $1.9 billion endowment pool topped its policy benchmark, though the annual report did not specify what that benchmark was. A USM representative said in an email that more information, including the pool's asset allocation or its longer-term returns, could not be provided.
The endowment pool returned 0.9% for the fiscal year ended June 30, 2020, according to its previous annual report.
USM, the state's public higher education system, is composed of 12 institutions and three regional higher education centers.