Stronger Financial Position

The University has improved its financial position in the past five years.

Fundraising: The Rutgers University Foundation completed its first billion-dollar capital campaign in 2014 and achieved several record-breaking years in fundraising, including a new high of $251 million in fiscal 2019.

Endowment: Rutgers hired a director of investments and, with governing board consent, revised its strategic investment allocation and engaged a new investment consultant. The endowment has grown at an average of 9.2 percent per year since 2013, the second-best return in the Big Ten and fifth among public AAU institutions. Rutgers now has the 82nd largest endowment among U.S. universities, up from 102nd.

Bond Ratings: Rutgers’ sound fiscal health has led to strong bond ratings. 

  • 2017: Moody’s Investors Service reaffirmed its Aa3 rating and upgraded from negative to stable.
  • 2018: Standard & Poor’s (S&P) affirmed its A+ long-term rating and determination of a stable outlook for all Rutgers general obligation bonds.
  • 2019: Moody's and S&P affirmed their ratings: Aa3/stable (Moody's) and A+/stable (S&P).

S&P credited Rutgers’ “extremely strong enterprise profile” to the breadth and depth of our academics and improvements to our management and governance, including our recent focus on enterprise risk management.

Chart showing Rutgers’ increase in annual fundraising from $95 million in 2012 to $251 million in 2019.

Chart showing that Rutgers’ endowment grew by an average of 9.2% per year since 2013, second among Big Ten publics.