F I N A N C I A L S
Latin's primary goal for its endowment is to achieve returns
sufficient to sustain an annual 4.5 percent draw plus inflationary
growth to maintain the endowment's purchasing power over
time. This annual draw rate is consistent with best practices
among endowments being managed for sustainable growth.
• Carefully governed and professionally managed. The
Board Investment Committee oversees all investment
activity, with advice and implementation from a
professional asset management consultant.
• Consistent and conservative. All investments are guided
by a disciplined allocation strategy with consistent targets
and ranges.
• Diversified and directed. Endowment is diversified across
asset classes as well as across multiple managers within
each asset class where possible.
Over the last 10 years, $30.1 million in new funds have been raised, $19.1 million has been spent on operations and $26.2 million has been
earned from the invested fund balance. The balance of cash and endowment pledge receivables as of June 30, 2022 is $63.3 million.
The schools that set the
standards of quality, push
the frontiers of innovation,
and sustain greatness over
generations are, almost
without exception, those with
the strongest endowments.
$63.3 MILLION
FY22 balance of
cash and pledge
receivables
Latin's Endowment Investment Philosophy
$80
$60
$40
$20
$75
$55
$35
$15
$70
$50
$30
$10
$65
$45
$25
$5
$0
Millions
FY
Total Value
17–18 16–17 18–19 13–14 19–20 14–15 20–21 15–16 21–22
T E N -Y E A R E N D O W M E N T H I S T O R Y
12–13
L AT I N S C H O O L O F C H I C AG O 1 0
