The endowment payout rate for 2018 will be $8.02 per unit, an increase of 2% from last year’s payout rate. This payout represents 3.56% of the opening market value of the endowments, within the 3% to 5% corridor that is in place, and the distribution will provide a total of about $84.4 million to beneficiaries.

More information on endowments is available in the endowment annual financial report. The annual payout for 2018 will be distributed by Friday April 20, 2018. If you have any questions about the payout for this year, please contact:

Helen Choy
Manager, Accounting Services
Financial Services
helen.choy@utoronto.ca