As of Wednesday, Chief Investment Officer David Morehead said he expected the endowment to end the month near $2.5 billion, up from $2.4 billion at the end of September and a further increase from its $2.17 billion balance in May 2025. The endowment contributes 5% of its value back to Baylor each year, so each dollar the endowment makes puts five cents into Baylor’s operating budget.
Browsing: operating budget
Exactly a month after Baylor announced a 6.5% tuition increase and a $35 million budget decrease, the administration defended its decision, explaining that it was part of a larger plan to save students money in the future.
Baylor’s tuition has risen nearly 44.53% over the past decade, and the university’s most recent increase has drawn reactions from students and families about affordability and transparency.
“In keeping with our Christian mission, this operating budget positions us well to meet the growing needs of Baylor students, faculty and staff — in the face of mounting national and global financial pressures,” Livingstone said.

