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Investment committee approves FY2026 endowment spending percentages, holds per-share distributions steady
Summary
The University of Pittsburgh Investment Committee authorized the fiscal year 2026 spending policy for the Consolidated Endowment Fund and the university operating funds quasi-endowment, keeping per-share distributions at the prior year levels: $6.03 and $6.74 respectively.
The University of Pittsburgh Board of Trustees Investment Committee on Wednesday authorized the fiscal year 2026 spending policy for the university’s Consolidated Endowment Fund and the university operating funds quasi‑endowment, voting to keep per‑share distributions at last year’s levels.
Dwayne Pinkney, the university executive senior vice chancellor for administration, finance and chief financial officer, told the committee “we are requesting authorization for the fiscal year 20 26 spending policy of the University of Pittsburgh's consolidated endowment fund, the CEF.” He said the committee’s spending policy distributes the greater of 4.25% of the…
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