Baylor’s endowment returns are beating even the Ivy League’s; here’s why that matters
…er the next, and the next, forever — so you’d end up with way more than 20 candy bars, and never run out. Through careful management and the generous gifts of donor, Baylor’s endowment has reached $2 billion — which sounds to the average person like an incredible 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 ab…