Key facts

Reported value

USD 540.8 million

As of

May 31, 2026

Portfolio

University endowment net assets

Location

Biddeford, ME

Data through FY2026

Balance reference

Endowment size and reporting scope

The USD 451.112 million FY2025 figure follows the survey's respondent, University of New England. The legal filer discussed below can have a different accounting perimeter. Endowed accounts may include both donor-restricted resources and amounts designated for long-term use by a governing board. Investing those accounts together does not remove their spending restrictions. The prior-year USD 346.372 million figure supplies a second closing observation, after the effects of annual support and new gifts. Survey scope and definitions

The official USD 540.843 million figure and the FY2025 survey's USD 451.112 million describe their respective dates and reporting categories. The official balance retains its stated label, endowment net assets. The audit and survey use different reporting categories. Official financial scope

Source: NACUBO · Data through FY2026

The FY2025 survey value for University of New England is USD 451.112 million, compared with USD 346.372 million for FY2024. The USD 104.740 million movement is 30.24% of the earlier balance. 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 available history begins in FY2016 at USD 32.367 million and ends in FY2025 at USD 451.112 million. The change across those observations is USD 418.745 million. The smallest reported balance in the displayed series is USD 32.367 million in FY2016; the largest is USD 451.112 million in FY2025. The change in assets includes gifts and distributions as well as investment results. NACUBO historical workbook

Spending policy and payout

The endowment roll-forward reports $2.830472 million in income withdrawals for FY2026 and $1.734820 million for FY2025. The statements also report spending-policy investment income in the statement of activities. The amounts above are income withdrawals in the endowment roll-forward. Spending disclosure

Source: une.edu · Data through FY2026

Distribution report

Distributions remain subject to each fund's donor restrictions. An appropriation authorizes support for those purposes; a beneficiary can use the cash in a later accounting period. Spending measures

Governance and investment office

The Board of Trustees designates resources to function as endowment alongside donor-restricted gifts. The audit reports changes by restriction category and separates internal transfers from contributions. New England reports on a May 31 year-end. Its 2026 closing assets are therefore kept separate from the June-end survey peer-return periods. 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.

The tax applies to net investment income; the statutory asset and student definitions determine applicability and the rate.

FY2025 size-band comparison

The FY2025 survey value of USD 451.112 million places this respondent in the $250M to $500M band. The published band contains 102 respondents and USD 37.1 billion of aggregate assets. Its average five-year annualized net return is 10.0%, and its ten-year average is 7.6%. The size band uses the FY2025 NACUBO balance. 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 New England, EIN 010211810. Its available filing for the year ended May 31, 2023 reports total filer assets of USD 727.087 million, revenue of USD 282.093 million, expenses of USD 240.885 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
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