Nine of Connecticut’s 12 largest public- and private-college endowments suffered declining values in 2012, along with most other North American four-year schools, a new study shows.
Middletown’s Wesleyan University, Hartford’s Trinity College and Fairfield’s’ Sacred Heart University were the only Connecticut college endowments to gain in value in the 2012 National Association of College and University Business Officers (NACUBO)-Commonfund Study of Endowments. Commonfund Institute is based in Wilton.
In all, 829 four-year schools in the U.S. and Canada responded to the NACUBO-Commonfund study.
Yale topped all the state’s colleges who responded to the study, despite ending fiscal 2012 with an endowment valued at $19.35 billion, down 0.1 percent from $19.37 billion in fiscal 2011, the survey found.
Yale’s endowment size was second after No. 1 Harvard in Massachusetts, whose endowment shed 4.1 percent of its value, to $30.4 billion last year from $31.7 billion a year earlier.
No. 124 Wesleyan ended fiscal ’12 with an endowment worth $600.5 million, up 1.8 percent from $589.8 million the previous year.
No. 165 Trinity saw its endowment climb 1.4 percent to $422.5 million from $416.5 million.
No. 209 University of Connecticut and Foundations eased 0.3 percent to $311.3 million from $312.3 million.
No. 225 Quinnipiac University’s endowment fell 1.9 percent to $272.1 million vs. $277.5 million.
No. 235 Fairfield University shed 3.4 percent to $245.3 million from $254 million.
No. 254 Connecticut College has an endowment worth $211.2 million, down 0.7 percent from $212.6 million.
No. 381 Sacred Heart’s was valued at $112.7 million, up 4.1 percent from $108.3 million.
No. 384 University of Hartford had $112.4 million, down 1.7 percent from $114.3 million.
No. 629 Hartford Seminary dropped 2.5 percent to $37.5 million from $38.4 million.
No. 768 Southern Connecticut State University Foundation Inc. fell 0.5 percent to $13.6 million from $13.7 million.
No. 825 Mitchell College dropped 0.6 percent to $5.88 million vs. $5.91 million.
