MIT Scores 15% Gain to Boost Fund to $27 Billion, Warns of Taxes

The Massachusetts Institute of Technology’s endowment returned 14.8%, its best performance in three years, but warned the school faces financial uncertainty from increased taxes and headwinds from government policies geared towards higher education.

The fund grew to $27.4 billion, the Cambridge, Massachusetts-based school said Friday in a statement, more than doubling since 2016.

“While I am always inspired to be able to highlight the talents of our community and our progress in enabling their contributions, I do so this year with accompanying caution and concern,” Treasurer Glen Shor wrote in a report on Friday. He highlighted the new increased ...