Question:
How large are the endowments of colleges and universities in the United States?
Response:
As of June 30, 2010, the market value of the endowment funds of colleges and universities was $356 billion, reflecting an increase of 9 percent compared to 2009, when the total was $326 billion. In 2010, the 120 colleges with the largest endowments accounted for $264 billion, or about three-fourths of the national total. The five colleges with the largest endowments in 2010 were Harvard University ($28 billion), Yale University ($17 billion), Princeton University ($15 billion), Stanford University ($14 billion), and the University of Texas System ($13 billion).
SOURCE: U.S. Department of Education, National Center for Education Statistics. (2012). Digest of Education Statistics, 2011 (NCES 2012-001), Chapter 3.
| Endowment funds of the 20 colleges and universities with the largest endowments, by rank order: 2009 and 2010 | |||
| Institution | Rank order1 | Market value of endowment, as of June 30 (in thousands of dollars) | |
| 2009 | 2010 | ||
| U.S., all institutions | $325,565,998 |
$355,790,614 |
|
| Harvard University (MA) | 1 |
26,035,389 |
27,557,404 |
| Yale University (CT) | 2 |
16,103,497 |
16,504,168 |
| Princeton University (NJ) | 3 |
13,386,280 |
14,760,707 |
| Stanford University (CA) | 4 |
12,619,094 |
13,851,115 |
| University of Texas System Office | 5 |
11,083,357 |
12,912,209 |
| Massachusetts Institute of Technology | 6 |
7,982,021 |
8,317,321 |
Columbia University in the City of New York | 7 |
5,892,798 |
6,516,512 |
| University of Michigan, Ann Arbor | 8 |
5,914,285 |
6,471,770 |
| University of Pennsylvania | 9 |
5,170,539 |
5,668,937 |
| University of California System Admin. Central Office | 10 |
4,977,483 |
5,441,225 |
| University of Notre Dame (IN) | 11 |
4,920,742 |
5,340,685 |
University of Chicago (IL) | 12 |
4,535,633 |
4,904,717 |
| Emory University (GA) | 13 |
4,601,488 |
4,841,490 |
| Duke University (NC) | 14 |
4,440,745 |
4,823,572 |
| Northwestern University (IL) | 15 |
4,398,200 |
4,726,940 |
| Washington University in Saint Louis (MO) | 16 |
4,147,461 |
4,560,043 |
| University of Virginia, Main Campus | 17 |
3,531,688 |
3,861,913 |
| Rice University (TX) | 18 |
3,665,267 |
3,835,723 |
| Cornell University (NY) | 19 |
3,071,987 |
3,413,151 |
| Dartmouth College (NH) | 20 |
2,999,497 |
3,137,422 |
NOTE: Degree-granting institutions grant associate's or higher degrees and participate in Title IV federal financial aid programs.
SOURCE: U.S. Department of Education, National Center for Education Statistics. (2012). Digest of Education Statistics, 2011 (NCES 2012-001), Table 376.
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