Study: Operating Charity Investment Returns Rise to an Average of 15.1 Percent in Fiscal Year 2013

(Press release, Nov. 10, 2014) — Fiscal year 2013 investment returns for the 60 organizations participating in the FY2013 Commonfund Benchmarks Study^® of Operating Charities rose to an average of 15.1 percent in fiscal 2013 compared with an average return of 11.7 percent for FY2012.
The data, compiled and published by Commonfund Institute, reflect the investment management and governance practices and policies of 23 cultural organizations, 19 religious institutions and 18 social service organizations. The 60 organizations participating in the Study represent $24.3 billion in assets. Return data-reported net of fees throughout the Report-and all other Study data are for fiscal 2013 (January 1, 2013 to December 31, 2013).