In March 2009, the Daily published a four-part series exploring the University of Michigan's endowment. The first part of the series looked at the financial investments that make up the University’s endowment, the individuals who manage it and the kinds of strategies they employ. Subsequent stories in the series will try to answer other important questions about the endowment, like why more endowment funds can’t be used for financial aid, how the global financial crisis will impact the endowment and how the University’s investors take into account social responsibility and ethics when investing the endowment’s funds.

Click below to view each part from the series, along with additional resources to better understand the University's endowment.

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PART ONE: The University’s multi-billion-dollar backbone

Daily Investigative Editor Andy Kroll looks at the financial investments that make up the University’s endowment, the individuals who manage it and the kinds of strategies they employ.

For a complete listing of the University's endowment equities information for the past five fiscal years, click here.

Click above for an interactive graphic.

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PART TWO: Lending a financial hand

Daily reporter Kyle Swanson looks at why the University isn't doling out more of its endowment for student financial aid.

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PART THREE: Giving voice to the endowment

Daily Investigative Editor Andy Kroll looks at how the University's investors take into account social responsibility when determining which companies to invest in.

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PART FOUR: Handling the crisis

Daily Investigative Editor Andy Kroll looks at how the University is responding to the recent financial crisis.

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As the series progressed, readers were invited to ask Daily reporters Andy Kroll and Kyle Swanson additional questions about the series and the University's endowment. Their question-and-answer session can be found here.