Baylor’s endowment returns are beating even the Ivy League’s; here’s why that matters
…amount of money. And it is — but… Legally, the school can only spend about 5% of its endowment, to ensure that the fund continues to exist and grow. Last year, that amount only covered about 8% of Baylor’s budget. Continuing to grow the endowment, through both management and fundraising, will help Baylor take more of the burden off tuition while also helping the university fund new programs. “It’s not all that different from a retirement account,…