Table 355.

Endowment funds of the 120 colleges and universities with the largest endowments, by rank order: 2005 and 2006

Institution	2006 rank order1	Market value of endowment, as of June 30 (in thousands)		Percent change, 2005 to 20062		Institution	2006 rank order1	Market value of endowment, as of June 30 (in thousands)		Percent change, 2005 to 20062
		2005	2006					2005	2006
1	2	3	4	5		1	2	3	4	5
Total	†	$234,940,282	$268,899,430	14.5
Harvard University (MA)	1	25,473,721	28,915,706	13.5		Texas Christian University	61	941,798	1,016,353	7.9
Yale University (CT)	2	15,224,900	18,030,600	18.4		University of Florida3	62	835,698	996,245	19.2
Stanford University (CA)	3	12,205,000	14,084,676	15.4		George Washington University (DC)	63	823,129	963,697	17.1
University of Texas System	4	11,610,997	13,234,848	14.0		University of Oklahoma3	64	777,514	960,315	23.5
Princeton University (NJ)	5	11,206,500	13,044,900	16.4		Berea College (KY)	65	861,679	948,738	10.1
Massachusetts Institute of Technology	6	6,712,436	8,368,066	24.7		Princeton Theological Seminary (NJ)	66	863,653	945,355	9.5
Columbia University (NY)	7	5,190,564	5,937,814	14.4		University of Missouri System	67	832,363	944,054	13.4
University of California	8	5,221,916	5,733,621	9.8		Carnegie Mellon University (PA)	68	837,459	939,581	12.2
University of Michigan	9	4,931,338	5,652,262	14.6		Lehigh University (PA)	69	844,672	939,473	11.2
Texas A&M University System3	10	4,963,879	5,642,978	13.7		Boston University (MA)	70	776,900	916,017	17.9
University of Pennsylvania	11	4,369,782	5,313,268	21.6		Syracuse University (NY)	71	818,258	908,371	11.0
Northwestern University (IL)	12	4,215,275	5,140,668	22.0		Baylor University (TX)	72	746,137	870,364	16.6
Emory University (GA)	13	4,376,272	4,870,019	11.3		Tulane University (LA)	73	780,200	858,323	10.0
University of Chicago (IL)	14	4,137,494	4,867,003	17.6		University of Alabama System	74	764,882	848,848	11.0
Washington University (MO)	15	4,268,415	4,684,737	9.8		Georgetown University (DC)	75	741,063	834,497	12.6
Duke University (NC)	16	3,826,153	4,497,718	17.6		University of Iowa3	76	786,100	832,869	5.9
University of Notre Dame (IN)	17	3,650,224	4,436,624	21.5		Saint Louis University (MO)	77	750,736	824,851	9.9
Cornell University (NY)	18	3,777,092	4,321,199	14.4		University of Tulsa (OK)	78	769,551	816,980	6.2
Rice University (TX)	19	3,611,127	3,986,664	10.4		Trinity University (TX)	79	733,261	814,672	11.1
University of Virginia	20	3,219,098	3,618,172	12.4		University of Tennessee System	80	714,968	811,138	13.5
Dartmouth College (NH)	21	2,714,300	3,092,100	13.9		University of California, Los Angeles3	81	668,338	804,869	20.4
University of Southern California	22	2,746,051	3,065,935	11.6		University of Kentucky	82	576,721	785,196	36.1
Vanderbilt University (TN)	23	2,628,437	2,946,392	12.1		Middlebury College (VT)	83	721,839	782,115	8.4
Johns Hopkins University (MD)	24	2,176,909	2,350,749	8.0		University of Arkansas3	84	691,524	763,069	10.3
University of Minnesota3	25	1,968,930	2,224,308	13.0		Vassar College (NY)	85	672,010	741,655	10.4
Brown University (RI)	26	1,843,904	2,166,633	17.5		Oberlin College (OH)	86	637,404	694,565	9.0
Ohio State University3	27	1,726,007	1,996,839	15.7		Rensselaer Polytechnic Institute (NY)	87	624,279	682,894	9.4
University of Pittsburgh (PA)	28	1,529,884	1,802,859	17.8		University of Louisville (KY)3	88	607,636	680,251	12.0
University of Washington	29	1,489,924	1,794,370	20.4		University of Maryland System3	89	595,000	674,600	13.4
New York University	30	1,548,000	1,774,700	14.6		Bowdoin College (ME)	90	578,206	673,346	16.5
Rockefeller University (NY)	31	1,556,945	1,771,954	13.8		The Julliard School (NY)	91	578,289	663,886	14.8
Case Western Reserve University (OH)	32	1,516,481	1,598,566	5.4		Lafayette College (PA)	92	587,418	648,292	10.4
California Institute of Technology	33	1,417,931	1,580,922	11.5		University of Miami (FL)	93	523,706	620,435	18.5
Purdue University (IN)	34	1,340,536	1,493,554	11.4		Wesleyan University (CT)	94	564,879	619,761	9.7
University of Rochester (NY)	35	1,369,969	1,491,275	8.9		Santa Clara University (CA)	95	509,149	598,657	17.6
Grinnell College (IA)	36	1,390,545	1,471,804	5.8		Northeastern University (MA)	96	543,174	595,859	9.7
Williams College (MA)	37	1,348,374	1,462,131	8.4		Louisiana State University System	97	504,841	593,203	17.5
Pomona College (CA)	38	1,298,629	1,457,213	12.2		University of Colorado3	98	512,371	590,306	15.2
Boston College (MA)	39	1,270,303	1,447,887	14.0		Hamilton College (NY)	99	529,708	587,582	10.9
University of Wisconsin3	40	1,124,855	1,425,750	26.7		Washington and Lee University (VA)	100	531,992	586,968	10.3
Wellesley College (MA)	41	1,275,529	1,412,410	10.7		Washington State University	101	553,287	579,861	4.8
University of Richmond (VA)	42	1,207,573	1,387,834	14.9		Bryn Mawr College (PA)	102	505,861	579,747	14.6
Amherst College (MA)	43	1,154,570	1,337,158	15.8		Brandeis University (MA)	103	519,538	579,654	11.6
Pennsylvania State University	44	1,174,828	1,326,390	12.9		Macalester College (MN)	104	524,067	577,060	10.1
Indiana University3	45	1,107,498	1,276,160	15.2		Carleton College (MN)	105	540,039	571,955	5.9
Yeshiva University (NY)	46	1,148,687	1,273,327	10.9		Rochester Institute of Technology (NY)	106	498,990	568,945	14.0
University of Illinois3	47	1,147,517	1,252,290	9.1		Colgate University (NY)	107	508,665	557,121	9.5
Swarthmore College (PA)	48	1,164,069	1,245,281	7.0		Rutgers University (NJ)	108	496,292	549,858	10.8
University of Delaware	49	1,077,102	1,223,203	13.6		College of the Holy Cross (MA)	109	465,304	544,347	17.0
Tufts University (MA)	50	845,389	1,215,413	43.8		Berry College (GA)	110	525,357	542,465	3.3
Smith College (MA)	51	1,035,542	1,156,350	11.7		Texas Tech University	111	461,903	540,251	17.0
University of Nebraska3	52	1,042,290	1,153,559	10.7		Pepperdine University (CA)	112	475,841	538,233	13.1
University of NC, Chapel Hill3	53	973,920	1,149,222	18.0		Denison University (OH)	113	475,466	528,121	11.1
Southern Methodist University (TX)	54	1,013,703	1,122,477	10.7		Drexel University (PA)	114	497,918	526,792	5.8
University of Cincinnati (OH)	55	1,032,124	1,101,100	6.7		Bucknell University (PA)	115	472,070	522,059	10.6
Baylor College of Medicine (TX)	56	1,008,261	1,059,393	5.1		University of Georgia3	116	517,170	518,823	0.3
Kansas University Endowment Association	57	954,943	1,049,367	9.9		Mount Holyoke College (MA)	117	449,108	510,032	13.6
Michigan State University	58	906,342	1,047,792	15.6		University of Utah	118	458,531	509,095	11.0
Georgia Institute of Technology3	59	937,410	1,047,724	11.8		Florida State University3	119	459,959	500,637	8.8
Wake Forest University (NC)	60	906,803	1,042,558	15.0		State University of New York, Buffalo3	120	463,214	499,632	7.9

† Not applicable. 1 Institutions ranked by size of endowment in 2006. 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, 2006. (This table was prepared March 2007.)