How The Chronicle's Survey of Nonprofit Endowments Was Conducted

The Chronicle's sixth annual survey on endowments at the country's biggest foundations, universities, and other nonprofit organizations, includes data from 229 institutions.

The endowments included in the results were altogether worth more than $381-billion at the end of their 2008 fiscal years. The median return for the endowments in 2008 was minus-6 percent, meaning half the groups achieved better returns, and half worse.

The effects of the financial crunch in the fall

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