Wayne State Endowment Grows To $277MWayne State University’s endowment grew to $277 million during the endowment reporting period ending June 30. The university’s annualized investment return was a strong 10.5 percent. Wayne State’s rate of investment return was 8.7 percent during the past three years and 5 percent during the past five years.
University Of Michigan Reports $7.8 Billion EndowmentThe University of Michigan's endowment has doubled over the past decade and now stands at $7.8 billion, the Ann Arbor school reported.
Biomedical Engineering Endowment Hits $20M At UMThe Wallace H. Coulter Foundation along with the University of Michigan's College of Engineering and the School of Medicine has enabled the creation of a $20 million endowment to enhance and support research directed at technologies promising progression towards commercial development and clinical practice

More From CBS Detroit

Best Cooking Classes In DetroitLearn how to whip up some wonderful dishes while having fun!
5 Bucket List Items To Cross Off In DetroitThe “must-do” items for anyone making a trip to Detroit.
Best Spots For A Quick Lunch In Downtown DetroitThese places will get you in and out.

Watch & Listen LIVE