Total Endowment
2024 NACUBO-Study of Endowment Results
Annual report results from the National Association of College and University Business Officers (NACUBO) and Commonfund Institute on higher education endowment and foundation investment performance and management practices.
$2.22 Billion
11.7% Annual Return
72nd Largest
Endowment Overall
Out of 669 respondents, NC State ranked 72nd largest compared to 2023 ranking of 74th largest out of 699 respondents.
29th Largest Endowment Among Public Universities
Amongst the public universities NC State ranked 29th largest endowment, compared to ranking 30th for 2023.
Performance Highlights
At 11.7% NC State investment performance for the one-year period received Top Quartile performance and was higher than the average one-year return for all institutions (public and private) at 10.1%.
For the three and five year period NC State investment performance received Top Quartile performance. For the ten-year period NC State’s average annual return received Top Decile performance of 8.8% with the average of all institutions at 7.3%.
Endowment Spending
NC State had 8.1% increase in endowment spending. 2025 spending totaled $77.1 million as compared to $71.3 million in 2024.