In Year Punctured By Pandemic, Higher Education Endowments Provide More Than $23 Billion to Support Students, Mission Share Article Despite lower year-over-year average return, colleges and universities increased endowment spending by 4 percent, on average, NACUBO-TIAA survey finds. WASHINGTON (PRWEB) February 19, 2021 U.S. college and university endowments and their affiliated foundations spent more from their endowments in fiscal year 2020 than in the fiscal year prior, supporting students, faculty, and mission despite lower a...