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

Three-year net returns for participating operating charities averaged 8.5 percent (up from 7.6 percent a year ago); trailing five-year returns averaged 11.6 percent (well ahead of 2.2 percent a year ago, as the poor -25.8 percent return of FY2008 dropped out of the five-year calculation); and 10-year returns averaged 7.1 percent (7.6 percent last year).