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Dartmouth College endowment grows to $3.7 billion - WCAX.COM Local Vermont News, Weather and Sports-

Dartmouth College endowment grows to $3.7 billion

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HANOVER, N.H. (AP) - Dartmouth College says its endowment finished the fiscal year in strong position.

The Ivy League college's endowment grew to $3.7 billion by June 30, an investment return of 12 percent for the 2013 fiscal year. The total reflects investment gains of $405 million, new gifts and transfers of $27 million and $185 million spent to support Dartmouth programs.

The endowment funds more than 20 percent of Dartmouth's annual operating budget.

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