Key facts

Reported value

USD 65.3 million

As of

June 30, 2025

Portfolio

Total endowment funds including real estate

Location

Parkville, MO

Spending policy

5% on the stated policy base

Data through FY2025

Balance reference

Endowment size and reporting scope

The USD 87.733 million survey balance belongs to the respondent named Park University. Donor-restricted resources can be invested beside funds designated by the governing board for long-term use. Each account retains its purpose and beneficiary. A pooled vehicle can also include reserves or other long-term money, which gives its market value a different scope from endowed net assets. The reporting category needs to travel with the number. Survey scope and definitions

The official USD 65.253 million figure and the FY2025 survey's USD 87.733 million describe their respective dates and reporting categories. The official balance retains its stated label, total endowment funds including real estate. Official financial scope

The FY2025 survey value for Park University is USD 87.733 million, compared with USD 83.878 million for FY2024. The reported balance rose by USD 3.855 million, or 4.60%, from FY2024. It includes changes in investments as well as additions and distributions. NACUBO explicitly distinguishes this change in market value from an investment rate of return. FY2025 respondent values and definitions

Spending policy and payout

Park permits appropriations up to 5% of the 36-month rolling-average endowment market value. The invested-endowment roll-forward records $579,968 appropriated in FY2025 and $579,967 in FY2024. The real-estate component included in total endowment funds is outside the spending policy. The dollar bars retain the roll-forward amounts and do not apply 5% to the larger endowment total. Spending disclosure

Source: park.edu · Data through FY2025

Distribution report

For Park University, a closing survey balance and an annual appropriation answer different questions. The survey records how much was held at the reporting date. A spending formula determines support using the valuations specified in that policy. A beneficiary can also spend an approved distribution in a later period. This timing can separate the institution's appropriation from the cash recorded as an expense. Spending measures

Governance and investment office

Park's Board of Trustees approves investment and spending policies. The FY2025 audit identifies approximately 20 endowment funds and distinguishes donor-restricted funds from board-designated resources. Its benchmark combines equity and fixed-income indices; those benchmark weights are not used as actual portfolio holdings. Investment governance

Federal excise tax on investment income

Public Law 119-21 changed Section 4968 for tax years beginning after December 31, 2025. Applicable private institutions must have at least 3,000 tuition-paying students in the preceding tax year, with more than half located in the United States, and student-adjusted endowment of at least $500,000. The rates are 1.4% from $500,000 through $750,000 per student, 4% above $750,000 through $2 million, and 8% above $2 million. Enacted law, Section 70415

An institution's tax tier requires its statutory asset base, eligible student count and related-organization treatment. The survey's closing market value does not supply that calculation. No institution-specific rate is assigned without an institutional disclosure. A campus's enrollment in a public fact sheet can differ from the daily-average, full-time-equivalent count required by the law.

Section 4968 taxes net investment income; the spending policy governs distributions.

FY2025 size-band comparison

The FY2025 survey value of USD 87.733 million places this respondent in the $50M to $100M band. The published band contains 96 respondents and USD 7.2 billion of aggregate assets. Its average five-year annualized net return is 10.1%, and its ten-year average is 7.5%. NCSE size groups NCSE average net returns

Source: NACUBO · Data through FY2025

NCSE's allocation categories combine strategies with different liquidity and valuation practices. Its Alternatives group can include private capital, hedge funds and real assets. Matching that broad weight would not establish identical holdings. The chart shows the FY2025 NCSE $50M to $100M group's average allocation. Published category weights are shown with an explicit rounding difference so the full bar totals 100%. NCSE allocation definitions

Public records and reporting dates

The ProPublica nonprofit API identifies the legal filer as Park University, EIN 440562048. Its available filing for the year ended June 30, 2023 reports total filer assets of USD 191.740 million, revenue of USD 84.497 million, expenses of USD 79.768 million. These are filer-wide amounts, which can include buildings, operating resources and other assets outside the endowment. The filing period is retained separately from the current investment disclosures. ProPublica structured filing data

Related reading

• Endowment directory
• Endowments by state
• Endowments by size
• University endowments
• Drury University
• Maryville University of Saint Louis
• Palmer College Foundation