SU increases investments in Central America, the Caribbean to $272 million
Shannon Kirkpatrick | Presentation Director
As of June 30, 2020, the university’s endowment was $1.35 billion, with a distribution rate of 3.79% — a metric that describes how much the university spends from its endowment each year.
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In the last decade, Syracuse University has invested more than $272 million in Central America and the Caribbean.
The offshore investments, which SU is required to detail in its tax filings, are a common theme at universities with large endowment funds. But some tax experts warn that the investment strategy can be risky and often leaves high-level administrators and board members in the dark about how their university’s money is being spent.