In order for the university to meet its objective of being a top-20 research institution, the endowment must grow. |
It was a disappointing year. But you need to look ahead to the future. |
There's also going to have to be a large private commitment. |
UK's endowment has significantly grown in the past six or seven years because of the research challenge trust fund. |
We feel like we have positioned the portfolio very well for future performance. |
When you compare our endowment to the benchmarks set by the Council on Postsecondary Education, we are low. |