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Digest of Education Statistics
2005 Tables and Figures All Years of Tables and Figures Most Recent Full Issue of the Digest


Table 351. Endowment funds of the 120 colleges and universities with the largest amounts, by rank order: 2003 and 2004
___________________________________________________________________________________________________________________________________________________________________________
                                         |        |     Market value of     |         ||                                          |        |   Market value of   |
                                         |        |    endowment, as of     |         ||                                          |        |   endowment, as of  |
                                         |        |    June 30 (in thou-    |     One-||                                          |        |  June 30 (in thou-  |     One-
                                         |        |    sands of dollars)    |     year||                                          |        |  sands of dollars)  |     year
                                         |    Rank|_________________________|  percent||                                          |    Rank|_____________________|  percent
Institution                              |order\1\|        2003|        2004|change\2\||Institution                               |order\1\|      2003|      2004|change\2\
_________________________________________|________|____________|____________|_________||__________________________________________|________|__________|__________|_________
1                                        |       2|           3|           4|        5||1                                         |       2|         3|         4|       5
_________________________________________|________|____________|____________|_________||__________________________________________|________|__________|__________|_________
   120 institutions with                 |        |            |            |         ||                                          |        |          |          |
      the largest amounts in 2004 .......|        |$180,992,339|$208,667,975|     15.3||                                          |        |          |          |
                                         |        |____________|____________|_________||                                          |        |          |          |
Harvard University (MA) .................|      1 |  18,849,491|  22,143,649|     17.5||Princeton Theological Seminary (NJ) ......|     61 |   717,000|   801,193|    11.7
Yale University (CT) ....................|      2 |  11,034,600|  12,747,150|     15.5||Lehigh University (PA) ...................|     62 |   705,426|   796,946|    13.0
University of Texas System ..............|      3 |   8,708,818|  10,336,687|     18.7||Berea College (KY) .......................|     63 |   695,812|   794,963|    14.2
Princeton University (NJ) ...............|      4 |   8,730,100|   9,928,200|     13.7||Syracuse University (NY) .................|     64 |   656,893|   770,167|    17.2
Stanford University (CA) ................|      5 |   8,614,000|   9,922,000|     15.2||Carnegie Mellon University (PA) ..........|     65 |   654,678|   768,990|    17.5
                                         |        |            |            |         ||                                          |        |          |          |
Massachusetts Institute of Technology ...|      6 |   5,133,613|   5,865,212|     14.3||Tufts University (MA) ....................|     66 |   669,286|   752,428|    12.4
University of California ................|      7 |   4,368,911|   4,767,466|      9.1||Michigan State University ................|     67 |   592,004|   749,365|    26.6
Emory University (GA) ...................|      8 |   4,019,766|   4,535,587|     12.8||University of Florida\3\ .................|     68 |   585,695|   738,299|    26.1
Columbia University (NY) ................|      9 |   4,343,151|   4,493,085|      3.5||University of Iowa\3\ ....................|     69 |   638,996|   737,704|    15.4
Texas A&M University System\3\ ..........|     10 |   3,802,712|   4,373,047|     15.0||George Washington University (DC) ........|     70 |   634,100|   733,801|    15.7
                                         |        |            |            |         ||                                          |        |          |          |
University of Michigan ..................|     11 |   3,464,515|   4,163,382|     20.2||Saint Louis University (MO) ..............|     71 |   645,382|   702,064|     8.8
University of Pennsylvania ..............|     12 |   3,547,473|   4,018,660|     13.3||University of Tulsa (OK) .................|     72 |   640,119|   701,948|     9.7
Washington University (MO) ..............|     13 |   3,470,072|   4,000,823|     15.3||University of Alabama System .............|     73 |   602,301|   699,200|    16.1
Northwestern University (IL) ............|     14 |   3,051,167|   3,668,405|     20.2||Boston University (MA) ...................|     74 |   620,300|   694,051|    11.9
University of Chicago (IL) ..............|     15 |   3,221,851|   3,620,728|     12.4||Tulane University (LA) ...................|     75 |   606,488|   692,665|    14.2
                                         |        |            |            |         ||                                          |        |          |          |
Duke University (NC) ....................|     16 |   3,017,261|   3,313,859|      9.8||Georgetown University (DC) ...............|     76 |   591,042|   680,611|    15.2
Rice University (TX) ....................|     17 |   2,937,649|   3,302,455|     12.4||Trinity University (TX) ..................|     77 |   593,973|   673,572|    13.4
Cornell University (NY) .................|     18 |   2,854,771|   3,238,350|     13.4||Baylor University (TX) ...................|     78 |   556,785|   672,341|    20.8
University of Notre Dame (IN) ...........|     19 |   2,573,346|   3,095,703|     20.3||University of Tennessee System ...........|     79 |   592,194|   666,085|    12.5
University of Virginia ..................|     20 |   1,800,882|   2,793,225|     55.1||Middlebury College (VT) ..................|     80 |   536,386|   664,781|    23.9
                                         |        |            |            |         ||                                          |        |          |          |
Dartmouth College (NH) ..................|     21 |   2,121,183|   2,454,293|     15.7||University of Oklahoma\3\ ................|     81 |   588,669|   631,376|     7.3
University of Southern California .......|     22 |   2,113,666|   2,399,960|     13.5||University of Arkansas\3\ ................|     82 |   546,267|   626,446|    14.7
Vanderbilt University (TN) ..............|     23 |   2,019,139|   2,296,262|     13.7||Vassar College (NY) ......................|     83 |   546,854|   608,261|    11.2
Johns Hopkins University (MD) ...........|     24 |   1,714,541|   2,055,542|     19.9||Oberlin College (OH) .....................|     84 |   537,772|   593,742|    10.4
Brown University (RI) ...................|     25 |   1,461,327|   1,647,295|     12.7||University of California, Los Angeles\3\ .|     85 |   499,139|   586,839|    17.6
                                         |        |            |            |         ||                                          |        |          |          |
University of Minnesota\3\ ..............|     26 |   1,336,020|   1,542,863|     15.5||Berry College (GA) .......................|     86 |   547,040|   581,725|     6.3
Ohio State University\3\ ................|     27 |   1,216,574|   1,541,175|     26.7||Rensselaer Polytechnic Institute (NY) ....|     87 |   510,883|   570,175|    11.6
New York University .....................|     28 |   1,244,600|   1,449,500|     16.5||University of Louisville (KY)\3\ .........|     88 |   475,193|   554,840|    16.8
Case Western Reserve University (OH) ....|     29 |   1,289,274|   1,441,819|     11.8||Lafayette College (PA) ...................|     89 |   496,410|   544,317|     9.7
Rockefeller University (NY) .............|     30 |   1,278,100|   1,394,736|      9.1||University of Maryland System\3\ .........|     90 |   452,524|   533,059|    17.8
                                         |        |            |            |         ||                                          |        |          |          |
University of Pittsburgh (PA) ...........|     31 |   1,156,618|   1,364,882|     18.0||Wesleyan University (CT) .................|     91 |   472,251|   517,631|     9.6
University of NC, Chapel Hill\3\ ........|     32 |   1,097,418|   1,317,211|     20.0||Washington State University ..............|     92 |   495,623|   515,571|     4.0
University of Washington ................|     33 |   1,103,197|   1,315,894|     19.3||Bowdoin College (ME) .....................|     93 |   452,436|   514,243|    13.7
Grinnell College (IA) ...................|     34 |   1,111,615|   1,291,781|     16.2||Carleton College (MN) ....................|     94 |   451,883|   511,200|    13.1
University of Rochester (NY) ............|     35 |   1,127,350|   1,261,562|     11.9||University of Colorado\3\ ................|     95 |   386,935|   499,794|    29.2
                                         |        |            |            |         ||                                          |        |          |          |
California Institute of Technology ......|     36 |   1,151,148|   1,261,122|      9.6||Northeastern University (MA) .............|     96 |   410,691|   498,481|    21.4
Williams College (MA) ...................|     37 |   1,082,336|   1,229,516|     13.6||University of Kentucky ...................|     97 |   412,308|   488,827|    18.6
Purdue University (IN) ..................|     38 |   1,056,767|   1,207,131|     14.2||Macalester College (MN) ..................|     98 |   435,732|   487,010|    11.8
Wellesley College (MA) ..................|     39 |   1,043,476|   1,179,988|     13.1||Hamilton College (NY) ....................|     99 |   405,890|   486,477|    19.9
Boston College (MA) .....................|     40 |     968,511|   1,150,148|     18.8||Bryn Mawr College (PA) ...................|    100 |   418,502|   478,452|    14.3
                                         |        |            |            |         ||                                          |        |          |          |
Pomona College (CA) .....................|     41 |     994,476|   1,149,720|     15.6||Washington and Lee University (VA) .......|    101 |   416,855|   477,504|    14.5
University of Richmond (VA) .............|     42 |     996,710|   1,103,465|     10.7||University of Georgia\3\ .................|    102 |   397,082|   474,596|    19.5
Swarthmore College (PA) .................|     43 |     930,373|   1,080,026|     16.1||Rochester Institute of Technology (NY) ...|    103 |   412,907|   472,363|    14.4
University of Illinois\3\ ...............|     44 |     904,960|   1,058,167|     16.9||University of Miami (FL) .................|    104 |   411,618|   472,262|    14.7
Pennsylvania State University ...........|     45 |     919,422|   1,056,078|     14.9||Brandeis University (MA) .................|    105 |   407,824|   467,727|    14.7
                                         |        |            |            |         ||                                          |        |          |          |
Indiana University\3\ ...................|     46 |     941,068|   1,012,707|      7.6||Colgate University (NY) ..................|    106 |   423,406|   463,436|     9.5
Yeshiva University (NY) .................|     47 |     914,130|   1,003,024|      9.7||Louisiana State University System ........|    107 |   416,939|   460,364|    10.4
University of Delaware ..................|     48 |     868,065|     995,889|     14.7||Rutgers University (NJ) ..................|    108 |   398,178|   449,889|    13.0
University of Wisconsin\3\ ..............|     49 |     677,595|     994,172|     46.7||Santa Clara University (CA) ..............|    109 |   401,411|   449,543|    12.0
Amherst College (MA) ....................|     50 |     877,151|     993,417|     13.3||Denison University (OH) ..................|    110 |   415,895|   441,365|     6.1
                                         |        |            |            |         ||                                          |        |          |          |
University of Cincinnati (OH) ...........|     51 |     873,327|     987,785|     13.1||Pepperdine University (CA) ...............|    111 |   393,838|   434,457|    10.3
Baylor College of Medicine (TX) .........|     52 |     833,644|     972,351|     16.6||Bucknell University (PA) .................|    112 |   355,905|   429,402|    20.7
University of Nebraska\3\ ...............|     53 |     775,718|     959,861|     23.7||State University of New York/Buffalo\3\ ..|    113 |   378,385|   428,072|    13.1
Smith College (MA) ......................|     54 |     823,915|     924,464|     12.2||Drexel University (PA) ...................|    114 |   349,948|   424,346|    21.3
Southern Methodist University (TX) ......|     55 |     810,071|     914,527|     12.9||Colorado College .........................|    115 |   372,073|   423,569|    13.8
                                         |        |            |            |         ||                                          |        |          |          |
Texas Christian University ..............|     56 |     796,676|     868,907|      9.1||College of the Holy Cross (MA) ...........|    116 |   358,093|   419,222|    17.1
Kansas University Endowment Association .|     57 |     734,536|     849,255|     15.6||Florida State University\3\ ..............|    117 |   333,750|   412,020|    23.5
University of Missouri System ...........|     58 |     811,353|     844,477|      4.1||DePauw University (IN) ...................|    118 |   376,030|   410,001|     9.0
Georgia Institute of Technology\3\ ......|     59 |     729,926|     814,963|     11.7||College of William and Mary (VA)\3\ ......|    119 |   354,906|   409,872|    15.5
Wake Forest University (NC) .............|     60 |     725,155|     812,192|     12.0||University of Houston (TX) ...............|    120 |   364,154|   402,525|    10.5
_________________________________________|________|____________|____________|_________||__________________________________________|________|__________|__________|_________
\1\Institutions ranked by size of endowment in 2004.
\2\Change in market value of endowment. Includes growth from gifts and returns on investments, as well as reductions from expenditures and withdrawals.
\3\Includes foundations.
NOTE: Data include institutions participating in the comparative-performance study by the National Association of College and University Business Officers. Some data have been revised from previously published figures.
SOURCE: National Association of College and University Business Officers, NACUBO Endowment Study, 2004. (This table was prepared April 2005.)


2005 Tables and Figures All Years of Tables and Figures Most Recent Full Issue of the Digest