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Final results from the 2020 NACUBO-TIAA Study of Endowments (NTSE) are now available. Please see the press release and public tables for summary data and key findings from the 2020 NTSE. A PowerPoint presentation of key insights from the NTSE is also available. For information from previous studies, please go to our Historic Endowment Study Data page. For further information, go to our Frequently Asked Questions page.

The full 2020 NTSE final report is now available for purchase. Click here for purchasing information.

  • NTSE Participants: All staff at participating institutions have complimentary access to the final report. If you need help in gaining report access, please send an email to the Endowment Study help desk.
  • NTSE Sponsors: All study sponsors have complimentary access to the final report. For instructions on how to access the study results, please email the Endowment Study help desk.
  • NTSE Products for Non-Participants: The complete study is available for purchase and instant download from the NACUBO Online Bookstore.



NACUBO would like to thank the 2020 NTSE sponsors for their generous contributions, which make the NTSE production possible.

Primary Contributor



Premier Sponsors

Aon Logo

Bank of America Logo

Commonfund Logo


Classic Sponsor

Prime Buchholz Logo


Other Sponsors

Goldman Sachs, Graystone Consulting, John W. Bristol & Co., Mason Investment Advisory Services, Inc., SEI


Additional Resources

Contact NACUBO Endowment Study staff with questions regarding the study.


Ken Redd

Senior Director, Research and Policy Analysis


Related Content

In Year Punctured By Pandemic, Higher Education Endowments Provide More Than $23 Billion to Support Students, Mission

Despite lower year-over-year average return, colleges and universities increased endowment spending by 4 percent, on average

2020 NACUBO-TIAA Study of Endowments Sponsors

Thanks to the many corporate sponsors for their support of the annual endowment study.

NTSE Frequently Asked Questions

A list of common questions and answers about the NACUBO-TIAA Study of Endowments (NTSE)