If you or your school's investment committee are looking to assess your endowment's returns, spending policy or investment allocations, look no farther than the Commonfund Benchmarks Study of Independent Schools. The only report of its kind, this research from Commonfund Institute, conducted in partnership with NBOA, outlines the latest trends and analysis of:
This year's report shows longer-term returns are "decisively positive," with 15-year returns near or above 8% across all endowment sizes. Read the report to understand how your school's endowment is performing in context of similar sized endowments and national practices.
NBOA MEMBERS: BE SURE TO SIGN IN FOR THE NEWEST VERSION OF THIS REPORT. THE NONMEMBER REPORT IS FROM 2021.
Released: 2026
The upgraded LRFM helps you model tuition, staffing, and revenue over 10 years. Build confidence in your school’s financial decisions—before they’re made.
