Editing University of Notre Dame (section)

==Organization and administration==
{{See also|President of the University of Notre Dame}}
[[File:Fr. Ted Hesburgh in his Office at the University of Notre Dame.JPG|thumb|alt= Theodore Hesburgh sitting at his desk |[[Theodore Hesburgh]], photographed in 2012, was the 15th and longest-serving president of Notre Dame.]]
[[President of the University of Notre Dame|The university's president]] is always a priest of the Congregation of Holy Cross. The first president was [[Edward Sorin]]; and the current president is [[Robert A. Dowd]]. {{as of|June 2024}}, [[John McGreevy]] is the [[Provost (education)|provost]] overseeing academic functions.<ref>{{cite web |url=https://provost.nd.edu/about/charles-and-jill-fischer-provost/ |title=Charles and Jill Fischer Provost |publisher=University of Notre Dame |access-date=January 9, 2023}}</ref>
Until 1967, Notre Dame had been governed directly by the Congregation. Under the presidency of [[Theodore Hesburgh]], two groups, the Board of Fellows, and the [[Trustee|Board of Trustees]], were established to govern the university.<ref name="leadership">{{cite web |url=https://www.nd.edu/about/leadership/ |title=Leadership |publisher=University of Notre Dame |access-date=October 8, 2020}}</ref> The 12 fellows are evenly divided between members of the Holy Cross order and the laity; they have final say over the operation of the university. They vote on potential trustees and sign off on all that board's major decisions.<ref>{{cite web |title=Fellows |url=https://www.nd.edu/about/leadership/fellows/ |publisher=University of Notre Dame |access-date=October 8, 2020}}</ref> The trustees elect the president and provide general guidance and governance to the university.<ref name="leadership"/>

===Endowment===
Notre Dame's [[financial endowment|endowment]] was started in the early 1920s by university president James Burns; it was $7 million by 1952 when Hesburgh became president. <!--By the 1980s it had reached $150&nbsp;million, and in 2000, it returned a 57.9 percent return on its investments, which the university says is a record for any American university in a single year.<ref>{{cite web |url=http://investment.nd.edu/endowment/history.shtml |title=Endowment History |publisher=University of Notre Dame |access-date=October 17, 2019 |archive-url=https://web.archive.org/web/20070831090327/http://investment.nd.edu/endowment/history.shtml |archive-date=August 31, 2007}}</ref> For the 2007 [[fiscal year]], the endowment had grown to approximately $6.5&nbsp;billion, putting the endowment among the 15 largest in the country.<ref name="Endowment">"U.S. and Canadian Institutions Listed by Fiscal Year 2012 Endowment Market Value and Percentage Change in Endowment Market Value from FY 2011 to FY 2012" (PDF). 2012 NACUBO-Commonfund Study of Endowments. National Association of College and University Business Officers.</ref> In 2019, the university reported its endowment at $13.8&nbsp;billion.<ref>{{cite web |last=Malpass |first=Scott |url=https://annualreport2018.nd.edu/investment-review-from-the-chief-investment-officer/ |title=Investment Review from the Chief Investment Officer |publisher=University of Notre Dame |date=2018 |access-date=October 17, 2019}}</ref><ref>{{cite news |last1=O'Brien |first1=Gwen |title=Endowment makes Notre Dame education affordable |url=https://evp.nd.edu/news/taxing-notre-dames-endowment-pool-would-be-un-american-says-chief-investment-officer/ |access-date=July 15, 2020 |work=University of Notre Dame |date=September 13, 2019 |language=en}}</ref> (old news, unnecessary)---> In fiscal year ending in 2021, the university endowment market value was $18.07 billion.<ref name=":8">{{Cite web |title=2021 NACUBO-TIAA Study of Endowments (NTSE) Results |url=https://www.nacubo.org/-/media/Nacubo/Documents/research/2021-NTSE-Public-Tables--Endowment-Market-Values--REVISED-February-18-2022.ashx?la=en&hash=FA57411CC4244B7D49C25377165FEC42FFBDEB56 |access-date=2022-04-20 |website=www.nacubo.org}}</ref> For fiscal year 2023, the university reported total endowment assets of $16.62 billion.<ref name=NACUBO /><ref name=AnnualReport />