Dartmouth College somewhat less well endowed after $200M drop two years after earning $777M

The Collegeís endowment for fiscal year 2016 decreased nearly $200 million to $4,474,403,649 from fiscal year 2015ís end of year balance of $4,663,491,080. The decrease comes in part because of the endowmentís net investment earnings, gains and losses, which totaled -$99,549,524. For comparison, last yearís net investment earnings, gains and losses were nearly $350 million, while two years back saw a high of $777 million.
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