Skip Navigation
small NCES header image

Endowments

Question:
How large are the endowments of colleges and universities in the United States?

Response:
As of June 30, 2011, the market value of the endowment funds of colleges and universities was $416 billion, reflecting an increase of 17 percent compared to 2010, when the total was $356 billion. In 2011, the 120 colleges with the largest endowments accounted for $308 billion, or about three-fourths of the national total. The five colleges with the largest endowments in 2011 were Harvard University ($32 billion), Yale University ($19 billion), Princeton University ($17 billion), Stanford University ($17 billion), and the University of Texas System ($15 billion).

SOURCE: U.S. Department of Education, National Center for Education Statistics. (2013). Digest of Education Statistics, 2012 (NCES 2014-015), Chapter 3.

Endowment funds of the 20 colleges and universities with the largest endowments, by rank order:
2010 and 2011
Institution Rank order1 Market value of endowment, as of June 30 (in thousands of dollars)
2010 2011
United States, all institutions

$355,790,614

$415,656,829

Harvard University (MA)

1

27,557,404

32,012,729

Yale University (CT)

2

16,504,168

19,174,387

Princeton University (NJ)

3

14,760,707

17,162,603

Stanford University (CA)

4

13,851,115

16,502,606

University of Texas System Office

5

12,912,209

14,635,240

Massachusetts Institute of Technology

6

8,317,321

9,712,628

Columbia University in the City of New York

7

6,516,512

7,789,578

University of Michigan, Ann Arbor

8

6,471,770

7,725,307

University of Pennsylvania

9

5,668,937

6,582,030

University of Notre Dame (IN)

10

5,340,685

6,383,344

Duke University (NC)

11

4,823,572

5,747,377

University of Chicago (IL)

12

4,904,717

5,691,013

Northwestern University (IL)

13

4,726,940

5,474,935

Emory University (GA)

14

4,841,490

5,443,397

Washington University in Saint Louis (MO)

15

4,560,043

5,348,871

University of California System Admin. Central Office

16

5,441,225

5,199,092

University of Virginia, Main Campus

17

3,861,913

4,707,593

Rice University (TX)

18

3,835,723

4,498,951

Cornell University (NY)

19

3,413,151

3,960,057

University of Southern California

20

2,947,978

3,517,173


1 Institutions ranked by size of endowment in 2011.

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. (2013). Digest of Education Statistics, 2012 (NCES 2014-015), Table 411.

Related Tables and Figures:  (Listed by Release Date)

Other Resources:  (Listed by Release Date)


Would you like to help us improve our products and website by taking a short survey?

YES, I would like to take the survey

or

No Thanks

The survey consists of a few short questions and takes less than one minute to complete.
National Center for Education Statistics - http://nces.ed.gov
U.S. Department of Education