Table 357.

Endowment funds of the 120 colleges and universities with the largest amounts, by rank order: 2004 and 2005

Institution	Rank order1	Market value of endowment, as of June 30 (in thousands of dollars)		1-year percent change2
		2004	2005
1	2	3	4	5
120 institutions with the largest amounts in 2005		$208,425,902	$235,109,739	128
Harvard University (MA)	1	22,143,649	25,473,721	150
Yale University (CT)	2	12,747,150	15,224,900	194
Stanford University (CA)	3	9,922,000	12,205,000	230
University of Texas System	4	10,336,687	11,610,997	123
Princeton University (NJ)	5	9,928,200	11,206,500	129
Massachusetts Institute of Technology	6	5,865,212	6,712,436	144
University of California	7	4,767,466	5,221,916	95
Columbia University (NY)	8	4,493,085	5,190,564	155
Texas A&M University System3	9	4,373,047	4,963,879	135
University of Michigan	10	4,163,382	4,931,338	184
Emory University (GA)	11	4,535,587	4,376,272	-35
University of Pennsylvania	12	4,018,660	4,369,782	87
Washington University (MO)	13	4,000,823	4,268,415	67
Northwestern University (IL)	14	3,668,405	4,215,275	149
University of Chicago (IL)	15	3,620,728	4,137,494	143
Duke University (NC)	16	3,313,859	3,826,153	155
Cornell University (NY)	17	3,238,350	3,777,092	166
University of Notre Dame (IN)	18	3,095,703	3,650,224	179
Rice University (TX)	19	3,302,455	3,611,127	93
University of Virginia	20	2,793,225	3,219,098	152
University of Southern California	21	2,399,960	2,746,051	144
Dartmouth College (NH)	22	2,454,293	2,714,300	106
Vanderbilt University (TN)	23	2,296,262	2,628,437	145
Johns Hopkins University (MD)	24	2,055,542	2,176,909	59
University of Minnesota3	25	1,730,063	1,968,930	138
Brown University (RI)	26	1,647,295	1,843,904	119
Ohio State University3	27	1,541,175	1,726,007	120
Rockefeller University (NY)	28	1,394,782	1,556,945	116
New York University	29	1,449,500	1,548,000	68
University of Pittsburgh (PA)	30	1,364,882	1,529,884	121
Case Western Reserve University (OH)	31	1,441,819	1,516,481	52
University of Washington	32	1,315,894	1,489,924	132
University of NC, Chapel Hill3	33	1,317,211	1,486,147	128
California Institute of Technology	34	1,261,122	1,417,931	124
Grinnell College (IA)	35	1,291,781	1,390,545	76
University of Rochester (NY)	36	1,261,562	1,369,969	86
Williams College (MA)	37	1,229,516	1,348,374	97
Purdue University (IN)	38	1,207,131	1,340,536	111
Pomona College (CA)	39	1,149,720	1,298,629	130
Wellesley College (MA)	40	1,179,988	1,275,529	81
Boston College (MA)	41	1,150,148	1,270,303	104
University of Richmond (VA)	42	1,103,465	1,207,573	94
Pennsylvania State University	43	1,056,078	1,174,828	112
Swarthmore College (PA)	44	1,080,026	1,164,069	78
Amherst College (MA)	45	993,417	1,154,570	162
Yeshiva University (NY)	46	1,003,024	1,148,687	145
University of Illinois3	47	1,058,167	1,147,517	84
University of Wisconsin3	48	994,172	1,124,855	131
Indiana University3	49	1,012,707	1,107,498	94
University of Delaware	50	995,889	1,077,102	82
University of Nebraska3	51	959,861	1,042,290	86
Smith College (MA)	52	924,464	1,035,542	120
University of Cincinnati (OH)	53	987,785	1,032,124	45
Southern Methodist University (TX)	54	914,527	1,013,703	108
Baylor College of Medicine (TX)	55	972,351	1,008,261	37
Kansas University Endowment Association	56	849,255	954,943	124
Texas Christian University	57	868,907	941,798	84
Georgia Institute of Technology3	58	814,963	937,410	150
Wake Forest University (NC)	59	812,192	906,803	116
Michigan State University	60	749,365	906,342	209
Princeton Theological Seminary (NJ)	61	801,193	863,653	78
Berea College (KY)	62	794,963	861,679	84
University of Missouri System	63	762,248	848,612	113
Tufts University (MA)	64	752,428	845,389	124
Lehigh University (PA)	65	796,946	844,672	60
Carnegie Mellon University (PA)	66	768,990	837,459	89
University of Florida (FL)	67	738,299	835,698	132
George Washington University (DC)	68	733,801	823,129	122
Syracuse University (NY)	69	770,167	818,258	62
University of Iowa3	70	737,704	786,100	66
Tulane University (LA)	71	692,665	780,200	126
University of Oklahoma3	72	631,376	777,514 2	31
Boston University (MA)	73	694,051	776,900	119
University of Tulsa (OK)	74	701,948	769,551	96
University of Alabama System	75	699,200	764,882	94
Baylor University (TX)	76	672,341	750,237	116
Georgetown University (DC)	77	680,611	741,063	89
Trinity University (TX)	78	673,572	733,261	89
Middlebury College (VT)	79	664,781	721,839	86
University of Tennessee System	80	666,085	714,968	73
Oberlin College (OH)	81	593,742	704,329	186
University of Arkansas3	82	626,446	691,524	104
Vassar College (NY)	83	608,261	672,010	105
University of California, Los Angeles3	84	586,839	668,338	139
Rensselaer Polytechnic Institute (NY)	85	570,175	624,279	95
University of Louisville (KY)3	86	554,840	607,636	95
University of Maryland System3	87	533,059	595,000	116
Lafayette College (PA)	88	544,317	587,418	79
Bowdoin College (ME)	89	514,243	578,206	124
University of Kentucky	90	526,589	576,721	95
Wesleyan University (CT)	91	517,631	564,879	91
Washington State University	92	515,571	553,287	73
Northeastern University (MA)	93	498,481	543,174	90
Carleton College (MN)	94	511,200	540,039	56
Washington and Lee University (VA)	95	477,504	531,992	114
Hamilton College (NY)	96	486,477	529,708	89
Macalester College (MN)	97	487,010	524,067	76
University of Miami (FL)	98	472,262	523,706	109
Brandeis University (MA)	99	467,821	519,538	111
University of Georgia3	100	474,596	517,170	90
Berry College (GA)	101	581,725	516,135	-113
University of Colorado3	102	468,744	512,371	93
Santa Clara University (CA)	103	449,543	509,149	133
Colgate University (NY)	104	463,436	508,665	98
Bryn Mawr College (PA)	105	477,444	505,861	60
Louisiana State University System	106	460,365	504,841	97
Rochester Institute of Technology (NY)	107	472,363	498,990	56
Drexel University (PA)	108	424,346	497,918	173
Rutgers University (NJ)	109	449,889	496,292	103
Pepperdine University (CA)	110	434,457	475,841	95
Denison University (OH)	111	441,365	475,466	77
Bucknell University (PA)	112	429,402	472,070	99
College of the Holy Cross (MA)	113	419,222	465,304	110
State University of New York, Buffalo3	114	428,072	463,214	82
Texas Tech University (TX)	115	392,595	461,903	177
Florida State University3	116	412,020	459,959	116
University of Utah (UT)	117	394,461	458,531	162
Iowa State University (IA)3	118	400,621	456,627	140
DePauw University (IN)	119	410,001	451,576	101
Mount Holyoke College (MA)	120	397,464	449,108	130

1 Institutions ranked by size of endowment in 2005. 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, 2005. (This table was prepared April 2006.)