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Penn’s endowment grew by $1.4 billion last year, with a 7.1% investment return

This past year’s endowment growth at Penn includes $216 million in new gifts received by the university.

Commuters along South Street bridge, Monday, Dec. 11, 2023. The University of Pennsylvania’s endowment grew by $1.4 billion for the year ending June 30, topping $22.3 billion, according to university financial statements.
Commuters along South Street bridge, Monday, Dec. 11, 2023. The University of Pennsylvania’s endowment grew by $1.4 billion for the year ending June 30, topping $22.3 billion, according to university financial statements.Read moreAlejandro A. Alvarez / Staff Photographer