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Endowments

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

Response:

At the end of fiscal year 2012, the market value of the endowment funds of colleges and universities was $425 billion, reflecting an increase of 1 percent compared to the beginning of the fiscal year, when the total was $421 billion. At the end of fiscal year 2012, the 120 colleges with the largest endowments accounted for $316 billion, or about three-fourths of the national total. The five colleges with the largest endowments in 2012 were Harvard University ($31 billion), Yale University ($19 billion), Princeton University ($17 billion), the University of Texas System ($17 billion), and Stanford University ($17 billion).

SOURCE: U.S. Department of Education, National Center for Education Statistics. (2015). Digest of Education Statistics, 2013 (NCES 2015-011), Chapter 3.

Endowment funds of the 20 colleges and universities with the largest endowments, by rank order:
Fiscal year (FY) 2012
Institution Rank order1 Market value of endowment, as of June 30 (in thousands of dollars)
Beginning of FY End of FY
United States, all institutions $420,785,545 $424,587,666
Harvard University (MA) 1 32,012,729 30,745,534
Yale University (CT) 2 19,174,387 19,264,289
Princeton University (NJ) 3 17,162,603 17,404,002
University of Texas System Office 4 14,635,240 17,070,515
Stanford University (CA) 5 16,502,606 17,035,804
Massachusetts Institute of Technology 6 9,712,628 10,149,564
Columbia University in the City of New York 7 7,789,578 7,654,152
University of Michigan, Ann Arbor 8 7,725,307 7,586,547
Texas A & M University, College Station 9 6,362,369 7,032,204
University of Pennsylvania 10 6,582,030 6,754,658
University of Notre Dame (IN) 11 6,383,344 6,444,599
University of California System Admin. Central Office 12 5,441,225 6,342,217
Emory University (GA) 13 5,443,397 5,774,500
University of Chicago (IL) 14 5,691,013 5,701,419
Northwestern University (IL) 15 5,474,935 5,574,319
Duke University (NC) 16 5,747,377 5,555,196
Washington University in Saint Louis (MO) 17 5,348,871 5,303,196
University of Virginia, Main Campus 18 4,707,593 4,734,895
Rice University (TX) 19 4,498,951 4,448,069
Cornell University (NY) 20 3,960,057 3,850,426

1 Institutions ranked by size of endowment in 2012.

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. (2015). Digest of Education Statistics, 2013 (NCES 2015-011), Table 333.90..

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National Center for Education Statistics - http://nces.ed.gov
U.S. Department of Education