Report: UVA endowment now $14.5B
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Published: Oct. 25, 2021 at 1:48 PM EDT
CHARLOTTESVILLE, Va. (WVIR) - The Cavalier Daily reports the University of Virginia’s endowment is up nearly 50% from 2020.
UVA’s investment management’s 2021 annual report says the endowment size currently stands at $14.5 billion. That’s up from last year’s total of $9.9 billion.
UVA’s endowment is among the largest reported by public universities. It serves to provide a steady income that can be used to support the university’s goals.
RELATED: U.Va endowment reaches record high of $14.5 billion in 2020-2021 fiscal year
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