Report: Local college and university endowments grew in fiscal 2017 across the board

THE UNIVERSITY OF RHODE ISLAND FOUNDATIONS' endowment grew at the fastest rate of any local college from fiscal 2016 to fiscal 2017 at 16.8 percent. / COURTESY URI
THE UNIVERSITY OF RHODE ISLAND FOUNDATIONS' endowment grew at the fastest rate of any local college from fiscal 2016 to fiscal 2017 at 16.8 percent. / COURTESY URI
PROVIDENCE – The endowment of every college and university in Rhode Island and Bristol County, Mass., increased in value by more than 7 percent in the fiscal 2017 period, outperforming the median endowment change of colleges and universities in the United States and Canada from fiscal 2016 to fiscal 2017, according to data from the…

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