MB Foundation Endowment Ranks in Top 10%

MB Foundation is excited to announce the results of the National Association of College and University Business Officers’ (NACUBO) annual study of endowments. Results reported through June of 2016 placed MB Foundation endowment performance in the top 10% of the national study.

The NACUBO study gathered data from 805 Colleges and Universities across the U.S. The average size of endowments in this study was $639.9 million. As of June 30, 2016, MB Foundation’s standard endowment return was in the top 10% for 1 year returns among all endowments in the study. In addition, the average return for the top quartile of endowments in the study was 1.0% vs MB Foundation’s standard endowment strategy return of 2.7%.

Of even greater significance, is the 10 year average return reported in the NACUBO study of 5.0% for the period ending June 30, 2016, compared with the MB Foundation standard endowment portfolio return of 5.8% over the same period. “I am very pleased to see such tangible evidence of the effectiveness of our Fund Management programs,” says Jon C. Wiebe, President & CEO. “We have worked diligently over the years to build a framework for excellence, and it is rewarding to see this success as measured against our peers.”

MB Foundation board and staff work together with consultant Cornerstone Management, Inc. and a platform of institutional money managers to serve the fund management needs of donors and MB ministries.

To find our more about how we manage charitable assets through our fund management program contact us at 800.551.1547.