Johns Hopkins, USM endowments drop in 2016

http://baltimorecheckbook.tumblr.com/post/157364706692/johns-hopkins-usm-endowments-drop-in-2016#_=_

Johns Hopkins University’s endowment — the largest among all colleges in the state at more than $3 billion — fell by 0.6 percent in fiscal 2016. The University System of Maryland’s endowment, with funds distributed among five system universities and 18 foundations and organizations, also fell by about 1.7 percent. Despite the drops, the schools were not hit as hard as other schools across the country in fiscal 2016. U.S. college endowment returns fell in total by an average of 1.9 percent in…