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The University of Richmond's endowment was valued at more than $2.5 billion as of June 30, 2018. The endowment provides significant annual income that supports the University's operations, thereby reducing Richmond's dependence on tuition, fees and other revenue.

It is derived from gifts wherein the donors restricted their gifts to the endowment ("permanently restricted funds"), gifts wherein the donors did not restrict the gifts to the endowment but the Trustees chose to place them there ("unrestricted funds"), and transfers from annual operating funds ("unrestricted funds").