Table 333.90.

Endowment funds of the 120 degree-granting postsecondary institutions with the largest endowments, by rank order: Fiscal year 2012

Institution	Fiscal year (FY) 2012				Institution	Fiscal year (FY) 2012
	Rank order, end of FY1	Market value of endowment				Rank order, end of FY1	Market value of endowment
		Beginning of FY (in thousands)	End of FY (in thousands)	Percent change2			Beginning of FY (in thousands)	End of FY (in thousands)	Percent change2
1	2	3	4	5	1	2	3	4	5
United States (all institutions)	†	$420,785,545	$424,587,666	0.9
120 institutions with the largest amounts	†	312,707,855	315,950,083	1.0
Harvard University (MA)	1	32,012,729	30,745,534	-4.0	Weill Cornell Medical College (NY)	61	1,099,347	1,096,528	-0.3
Yale University (CT)	2	19,174,387	19,264,289	0.5	University of Delaware	62	1,138,203	1,087,873	-4.4
Princeton University (NJ)	3	17,162,603	17,404,002	1.4	Lehigh University (PA)	63	1,077,430	1,035,593	-3.9
University of Texas System Office	4	14,635,240	17,070,515	16.6	Soka University of America (CA)	64	1,062,627	1,035,512	-2.6
Stanford University (CA)	5	16,502,606	17,035,804	3.2	Wake Forest University (NC)	65	1,058,250	1,025,069	-3.1
Massachusetts Institute of Technology	6	9,712,628	10,149,564	4.5	University of Illinois at Urbana-Champaign	66	1,006,556	996,226	-1.0
Columbia University in the City of New York (NY)	7	7,789,578	7,654,152	-1.7	University of Iowa	67	1,044,097	981,104	-6.0
University of Michigan, Ann Arbor	8	7,725,307	7,586,547	-1.8	Carnegie Mellon University (PA)	68	1,009,219	979,230	-3.0
Texas A & M University, College Station	9	6,362,369	7,032,204	10.5	Baylor University (TX)	69	1,003,929	964,161	-4.0
University of Pennsylvania	10	6,582,030	6,754,658	2.6	Brigham Young University, Provo (UT)	70	920,149	957,010	4.0
University of Notre Dame (IN)	11	6,383,344	6,444,599	1.0	University of Kentucky	71	952,248	947,383	-0.5
University of California System Admin. Central Office	12	5,441,225	6,342,217	16.6	Tulane University of Louisiana	72	1,004,738	946,176	-5.8
Emory University (GA)	13	5,443,397	5,774,500	6.1	Berea College (KY)	73	978,735	942,618	-3.7
University of Chicago (IL)	14	5,691,013	5,701,419	0.2	Syracuse University (NY)	74	913,662	940,056	2.9
Northwestern University (IL)	15	5,474,935	5,574,319	1.8	Yeshiva University (NY)	75	945,790	931,914	-1.5
Duke University (NC)	16	5,747,377	5,555,196	-3.3	Trinity University (TX)	76	974,935	915,918	-6.1
Washington University in St. Louis (MO)	17	5,348,871	5,303,196	-0.9	Bowdoin College (ME)	77	904,215	902,364	-0.2
University of Virginia, Main Campus	18	4,707,593	4,734,895	0.6	Middlebury College (VT)	78	907,668	879,690	-3.1
Rice University (TX)	19	4,498,951	4,448,069	-1.1	Princeton Theological Seminary (NJ)	79	913,945	866,930	-5.1
Cornell University (NY)	20	3,960,057	3,850,426	-2.8	Saint Louis University, Main Campus (MO)	80	880,251	852,842	-3.1
University of Southern California	21	3,517,173	3,488,933	-0.8	University of Texas Southwestern Medical Center	81	838,838	836,413	-0.3
Dartmouth College (NH)	22	3,413,407	3,486,383	2.1	University of Cincinnati, Main Campus (OH)	82	1,024,525	834,929	-18.5
Vanderbilt University (TN)	23	3,375,153	3,360,036	-0.4	Berry College (GA)	83	761,534	821,977	7.9
University of Texas at Austin	24	2,852,960	2,861,389	0.3	Vassar College (NY)	84	814,130	804,912	-1.1
New York University	25	2,724,134	2,800,399	2.8	University of Tulsa (OK)	85	817,324	802,455	-1.8
University of Pittsburgh, Pittsburgh Campus (PA)	26	2,511,816	2,600,314	3.5	Juilliard School (NY)	86	814,005	787,698	-3.2
Johns Hopkins University (MD)	27	2,598,467	2,593,316	-0.2	University of Oklahoma, Norman Campus	87	804,886	784,834	-2.5
Brown University (RI)	28	2,525,662	2,525,091	#	Indiana University, Bloomington	88	807,627	772,185	-4.4
University of Minnesota, Twin Cities	29	2,441,712	2,424,734	-0.7	University of Arkansas	89	788,668	770,550	-2.3
Ohio State University, Main Campus	30	2,104,611	2,348,193	11.6	Baylor College of Medicine (TX)	90	797,474	751,378	-5.8
University of Washington, Seattle Campus	31	2,248,770	2,206,040	-1.9	Washington State University	91	722,735	737,428	2.0
University of North Carolina at Chapel Hill	32	2,239,239	2,157,237	-3.7	University of Louisville (KY)	92	769,337	721,104	-6.3
University of Wisconsin, Madison	33	2,171,258	2,068,495	-4.7	Oberlin College (OH)	93	738,357	708,238	-4.1
University of Richmond (VA)	34	1,878,169	1,868,910	-0.5	Hamilton College (NY)	94	721,287	693,919	-3.8
Purdue University, Main Campus (IN)	35	1,944,305	1,861,079	-4.3	Santa Clara University (CA)	95	716,821	688,118	-4.0
California Institute of Technology	36	1,624,331	1,811,497	11.5	Colgate University (NY)	96	700,994	687,474	-1.9
Pennsylvania State University, Main Campus	37	1,737,843	1,772,921	2.0	University of Miami (FL)	97	719,852	678,694	-5.7
Michigan State University	38	1,758,505	1,760,708	0.1	Brandeis University (MA)	98	703,666	674,522	-4.1
Williams College (MA)	39	1,755,418	1,728,549	-1.5	University of Alabama	99	616,925	673,606	9.2
Pomona College (CA)	40	1,700,454	1,679,640	-1.2	University of Tennessee	100	674,434	665,833	-1.3
Amherst College (MA)	41	1,641,511	1,640,666	-0.1	Carleton College (MN)	101	653,465	645,654	-1.2
Boston College (MA)	42	1,756,292	1,632,635	-7.0	Rutgers University, New Brunswick (NJ)	102	650,570	645,556	-0.8
Georgia Institute of Technology, Main Campus	43	1,619,718	1,608,248	-0.7	College of William and Mary (VA)	103	624,726	644,233	3.1
Case Western Reserve University (OH)	44	1,703,164	1,600,013	-6.1	Denison University (OH)	104	671,523	644,201	-4.1
University of Rochester (NY)	45	1,622,812	1,581,773	-2.5	Bryn Mawr College (PA)	105	677,307	641,173	-5.3
George Washington University (DC)	46	1,581,800	1,556,592	-1.6	Lafayette College (PA)	106	649,588	640,769	-1.4
Swarthmore College (PA)	47	1,508,483	1,498,775	-0.6	Cooper Union for the Advancement of Science and Art (NY)	107	609,056	640,536	5.2
Wellesley College (MA)	48	1,523,683	1,468,582	-3.6	North Carolina State University at Raleigh	108	617,632	635,326	2.9
Smith College (MA)	49	1,429,527	1,409,755	-1.4	Indiana University, Purdue University, Indianapolis	109	632,004	634,979	0.5
Grinnell College (IA)	50	1,500,220	1,383,856	-7.8	Rochester Institute of Technology (NY)	110	640,762	628,128	-2.0
Tufts University (MA)	51	1,403,883	1,351,166	-3.8	Macalester College (MN)	111	669,005	625,068	-6.6
University of California, Los Angeles	52	1,110,981	1,317,905	18.6	University of Missouri, Columbia	112	586,413	624,382	6.5
Washington and Lee University (VA)	53	1,218,132	1,261,553	3.6	University of California, San Francisco	113	492,755	623,548	26.5
University of California, Berkeley	54	945,318	1,218,592	28.9	Wesleyan University (CT)	114	601,478	616,195	2.4
University of Kansas	55	1,270,511	1,202,585	-5.3	Pepperdine University (CA)	115	622,580	607,953	-2.3
Boston University (MA)	56	1,194,164	1,190,512	-0.3	Colby College (ME)	116	611,441	599,557	-1.9
Southern Methodist University (TX)	57	1,190,709	1,162,415	-2.4	Bucknell University (PA)	117	575,367	599,216	4.1
Georgetown University (DC)	58	1,162,239	1,140,486	-1.9	Icahn School of Medicine at Mount Sinai (NY)	118	607,498	594,968	-2.1
University of Florida	59	1,085,600	1,127,419	3.9	Mount Holyoke College (MA)	119	617,284	594,045	-3.8
Texas Christian University	60	1,191,900	1,110,868	-6.8	College of the Holy Cross (MA)	120	607,713	589,769	-3.0

†Not applicable.

#Rounds to zero.

1 Institutions ranked by size of endowment at end of 2012 fiscal year.

2 Change in market value of endowment. Includes growth from gifts and returns on investments, as well as reductions from expenditures and withdrawals.

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, Integrated Postsecondary Education Data System (IPEDS), Spring 2013, Finance component. (This table was prepared January 2014.)