Thanks. In the article it states;
"The value of the Merged Pool on June 30, 2026, was $61.5 billion. A portion of the endowment consisting of commercial real estate near campus is not part of the Merged Pool. The value of the endowment in aggregate as of August 31, 2026, the university’s fiscal year-end, will be published in Stanford’s financial statements in the coming months."
The actual endowment will be less, not more, than $61.5 billion, right? I don't understand this. It just seems like $61.5 billion is too high based on the endowment's track record over the years.
"The value of the Merged Pool on June 30, 2026, was $61.5 billion. A portion of the endowment consisting of commercial real estate near campus is not part of the Merged Pool. The value of the endowment in aggregate as of August 31, 2026, the university’s fiscal year-end, will be published in Stanford’s financial statements in the coming months."
The actual endowment will be less, not more, than $61.5 billion, right? I don't understand this. It just seems like $61.5 billion is too high based on the endowment's track record over the years.