Foundation at New Jersey Institute of Technology Managed Endowment Statement of Operations
June 30
March 2026 YTD
March 2025 YTD
Change
2025
2024
2023
Market Value at Beginning of Fiscal Year
$197,355,00
$174,012,00
$23,343,00
$174,012,000
$155,443,000
$143,426,000
Donor additions
3,236,000
4,345,000
(1,109,000)
7,018,000
4,068,000
6,730,000
Other additions
33,000
3,226,000
(3,193,000)
3,238,000
22,000
109,000
Investment Income (Loss)
13,687,504
8,875,000
4,812,504
19,642,000
20,553,000
11,105,000
Distributions including management and investment fees
(6,430,928)
(6,106,000)
324,928
(6,555,000)
(6,074,000)
(5,927,000)
Managed Endowment Market Value at End of Period
207,880,576
184,352,00
23,528,576
197,355,000
174,012,000
155,443,000
Due To/(From) NJIT - Unsettled
3,119,424
(1,357,000)
4,476,424
Market Value of Managed Endowment Investments at End of Period
$211,000,000
$182,995,000
$28,005,000
$197,355,000
$174,012,000
$155,443,000
Market Value$ increase (decrease) over beginning of fiscal year
$13,645,000
$8,982,000
$4,663,000
$23,343,000
$18,569,000
$12,017,000
Market Value% increase (decrease) over beginning of fiscal year
6.91%
5.16%
1.75%
13.41%
11.95%
8.38%
Actual FYTD returns from Investment Manager
6.4%
4.1%
2.3%
11.7%
12.1%
7.5%
Amounts above reflect managed endowment funds. Donor additions totaled $3.2M for the fiscal year, which is approximately 74% of the amount from the same time last year. As of the end of March, fiscal year 2026 investment earnings were $13.7M, and distributions totaled $6.4M. The year-over-year increase in market value was $28.0M.
Portfolio Market Value: The endowment saw a drop in assets as global markets fell sharply following the start of war in Iran. The portfolio’s international equity allocation was the largest detractor, while fixed income and liquid diversifiers helped dampen the decline. The portfolio decreased by $-9.2M to a value of $211.0M.