2022 2021
Endowment net assets — Beginning of year $ 76,825 $ 60,899
Contributions 560 1,400
Investment (loss) income (11,143) 17,207
Appropriation of endowment assets for expenditure (3,127) (2,704)
Transfers for changes in donor intent - 23
Endowment Net Assets, End of Year $ 63,115 $ 76,825
Changes in Endowment, Excluding Pledges
(Years Ended June 30, 2022 and 2021)
(Dollars in thousands)
F I N A N C I A L S
L AT I N S C H O O L O F C H I C AG O 8