Quick LP Calculator
Endowment Spending Calculator
Switch between spending-rate and annual-budget views without duplicating the calculation.
What does a 4.5% policy mean for a $3bn endowment—or what rate does a $135m budget imply?
Results
Endowment spending at a glance
Illustrative estimate based on the assumptions shown.
How it is calculated
Annual spending = endowment value × spending rate; implied rate = annual spending ÷ endowment value
This quick tool uses current value rather than the rolling-average asset base used by many endowment policies.
What this tells you
Read the result in context
One mode converts policy into a budget; the other checks what rate an existing budget implies. Both reconcile to the same retained capital.
Frequently asked questions
Why are there two modes?
One solves from a rate and the other solves from an annual spending amount.
Does this use a rolling average?
No. It uses the current endowment value entered.
How is retained capital calculated?
Current endowment value less the annual spending amount.