New Jersey Health Foundation Endowments Exceed National Investment Returns

NEW BRUNSWICK, N.J., Feb. 14, 2014 /PRNewswire-USNewswire/ -- New Jersey Health Foundation (NJHF) is proud to announce that its endowment returns, net of fees, have exceeded the average annual one (1), three (3), five (5) and 10 year returns for U.S. Higher Education Endowments and Affiliated Foundations for the periods ended June 30, 2013 as reported in the most recent study issued by NACUBO (National Association of College and University Business Officers)-Commonfund Study of Endowments®.

The study compares 850 colleges, universities and affiliated foundations across the United States.

Income generated by endowments invested by New Jersey Health Foundation provides additional vital funding for donor specified activities supporting research, education, patient care and community service programs at Rutgers and Rowan Universities. For more information about the study, visit:

http://www.nacubo.org/Research/NACUBO_Endowment_Study/Public_NCSE_Tables_.html                                                   

About New Jersey Health Foundation

New Jersey Health Foundation (www.njhf.org) is a not-for-profit corporation that supports biomedical research and health-related education programs in New Jersey through its matching program, its Grants Program and its affiliate, Foundation Venture Capital Group (www.foundationventure.com) which makes private equity investments in life science start- up companies in New Jersey headed toward commercialization.

SOURCE New Jersey Health Foundation

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