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Perspectives | Insights Blog
Key Findings From the 2025 Study of Foundations [Infographic]
Investment results, asset allocation, spending and governance practices reported by 285 private and community foundations for the year ended December 31, 2025. Study at a glance 285 participating...
Featured
Governance And Policy | Insights Blog
Investment Policy Statement: The Document Behind Every Decision
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Private Equity | Private Equity Insights
The Other Side of the Liquidity Equation: What Semi-Liquid Funds Cost You on Day One
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Investment Strategy | Articles
Mind the Gap: The Strategic Risk of Skipping a Vintage in Private Equity
Private equity (inclusive of buyouts, growth equity, and venture capital) remains a compelling long-term asset class, but recent periods of muted distributions and below-average returns have created...
Perspectives | Press Releases
FY25 NACUBO-Commonfund Study Released
U.S. Higher Education Endowments Report Stable Returns, Increase Spending to $33.4 Billion in FY25 The NACUBO-Commonfund Study of 657 colleges and universities reports a 10-year average return of...
Investment Strategy | Videos
Understanding the Private Equity Secondaries Market
This Commonfund Institute Online video explores the evolving landscape of the private equity secondaries market, focusing on both Limited Partner (LP)- and General Partner (GP)-led transactions.
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Featured
Perspectives | Press Releases
Foundation Endowments Post Double-Digit Returns | 2025 CCSF Study
Foundations’ Endowed Portfolios Produced Double Digit Investment Returns in 2025; Alts Returns Rebound Council on Foundations-Commonfund Study finds Community Foundations Report Rising Gifts and OCIO... Learn Morecommunity_college
Investment Strategy | Insights Blog
What is an OCIO?
An OCIO — short for Outsourced Chief Investment Officer — is a model in which an institution delegates its investment management function to a specialized third-party provider. Rather than managing...
Governance And Policy | Podcasts
The Shiny Tinfoil: Investing in AI with Eyes Wide Open
Join hosts George Suttles, Executive Director, and Amanda Novello, Associate Director, in this episode of Espresso Chats, a series by the Commonfund Institute serving up strong, short shots of...
educational-endowments
Governance And Policy | Insights Blog
The Case for the Seventh P: Progression in Nonprofit Investment Stewardship
At Commonfund Institute, we’ve long adhered to the six guiding principles of nonprofit investment stewardship, often referred to as the "6 Ps": Purpose, Policy, Process, Portfolio, People, and...
Perspectives | Insights Blog
Key Takeaways: 2026 Investment Stewardship Academy
The 2026 Investment Stewardship Academy, hosted by Commonfund Institute from June 7–10 on Yale University’s campus in New Haven, Connecticut, brought together institutional investors, foundation...
educational-endowments
Perspectives | Index
Higher Education Price Index Forecast June 2026
According to Commonfund Institute's latest update, HEPI forecasts a 3.4 percent inflation rate for U.S. colleges and universities in fiscal year 2026. The latest forecast, based on data through June...
Governance And Policy | Insights Blog
Higher Education Endowment Return Assumptions in a Changing Environment
Many colleges, universities, and nonprofit institutions built long-term endowment portfolios on assumptions about investment returns, donor giving, and federal support that once enabled confident...
Private Equity | Private Equity Insights
Interval Funds and Semi-Liquid Structures: How Liquid Are They Really?
The case for interval funds and other semi-liquid vehicles is straightforward: access to private markets without a ten-year lockup, and the appeal of periodic liquidity. It's a compelling pitch. It...
Governance And Policy | Insights Blog
Religious K-12 Schools: Endowment Trends and Performance
Earlier this year, Commonfund Institute released the 21st annual Commonfund Benchmarks Study of Independent Schools (“CSIS” or the “Study”), reporting on key investment governance trends and insights...
Perspectives | Insights Blog
Endowment Performance & Practices of Carnegie-Classified Institutions
Earlier this year, Commonfund, in partnership with the National Association of College and University Business Officers (NACUBO), released the 2025 NACUBO-Commonfund Study of Endowments (NCSE). The...
Governance And Policy | White Papers
Principles of Investment Stewardship for Nonprofit Organizations
Explore essential investment stewardship principles for nonprofit organizations, focusing on the six principles for effective decision making.
Governance And Policy | Insights Blog
Religious-Affiliated Higher Ed: Endowment Performance & Investment Practices
Earlier this year, Commonfund, in partnership with the National Association of College and University Business Officers (NACUBO), released the 2025 NACUBO-Commonfund Study of Endowments (NCSE). The...
AI's Productivity Payoff Is Here