Key facts

Reported value

USD 128.8 million

As of

June 30, 2025

Portfolio

Endowment net assets

Location

Detroit, MI

Spending policy

4% on the stated policy base

Data through FY2025

Balance reference

Endowment size and reporting scope

For University of Detroit Mercy, the FY2025 survey records assets of USD 128.798 million. This is a closing asset balance. New gifts, investment results and distributions can all change it during the year. The respondent may hold endowed funds directly or through an affiliated organization. Restrictions attached to those funds continue to govern their use after they are invested together. Total institutional assets can also include buildings and operating resources. Survey scope and definitions

Source: NACUBO · Data through FY2025

The FY2025 survey value for University of Detroit Mercy is USD 128.798 million, compared with USD 108.570 million for FY2024. The reported balance rose by USD 20.228 million, or 18.63%, 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

The reported endowment changed from USD 58.674 million in FY2018 to USD 128.798 million in FY2025, a difference of USD 70.124 million. This series measures year-end assets after gifts and distributions. NACUBO historical workbook

Spending policy and payout

The university appropriates a percentage of average fair value over the three years preceding the distribution year. The rate was 4% in FY2025 and FY2024. The endowment roll-forward records $2.935 million and $2.689 million of appropriations for those years. The audit's liquidity note also discusses amounts available in the following 12 months, which are a separate time measure. Spending disclosure

Source: udmercy.edu · Data through FY2025

Distribution report

For University of Detroit Mercy, the FY2025 balance does not establish an approved payout. Distributions retain each fund's donor restrictions. Spending measures

Governance and investment office

The university's board-approved endowment policy uses a total-return approach. Its audit classifies donor-restricted and board-designated endowments separately and explains the restrictions affecting the availability of funds for general expenditure. The policy links annual support to an averaged asset base. 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

The survey balance alone does not establish this institution's Section 4968 liability. The calculation also requires the statutory asset base, eligible student count and related-organization treatment. No institution-specific tax rate is assigned here.

A tax rate on net investment income has a different denominator from an endowment payout rate. Section 4968 uses prior-year assets other than those used directly for exempt purposes and specifies how students are counted. Related organizations can affect the calculation. Headline assets divided by a fall enrollment figure do not reproduce every statutory step.

FY2025 size-band comparison

The FY2025 survey value of USD 128.798 million places this respondent in the $100M to $250M band. The published band contains 154 respondents and USD 24.5 billion of aggregate assets. Its average five-year annualized net return is 9.6%, and its ten-year average is 7.4%. NCSE size groups NCSE average net returns

Source: NACUBO · Data through FY2025

The peer mix describes average reported exposures within one size band. It does not reveal individual securities or the availability of cash at a particular institution. Respondents can also use different policy benchmarks. NCSE returns are net of external management fees and expenses for periods ending June 30, 2025; those periods and fee labels govern any numerical return comparison on this page. NCSE allocation definitions

Public records and reporting dates

The ProPublica nonprofit API identifies the legal filer as University Of Detroit Mercy, EIN 381360586. Its available filing for the year ended June 30, 2023 reports total filer assets of USD 296.663 million, revenue of USD 176.097 million, expenses of USD 171.459 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

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