How large are the endowments of colleges and universities in the United States?
At the end of fiscal year 2013, the market value of the endowment funds of colleges and universities was $467 billion, reflecting an increase of 10 percent compared to the beginning of the fiscal year, when the total was $425 billion. At the end of fiscal year 2013, the 120 colleges with the largest endowments accounted for $345 billion, or about three-fourths of the national total. The five colleges with the largest endowments in 2013 were Harvard University ($33 billion), Yale University ($21 billion), the University of Texas System ($20 billion), Princeton University ($19 billion), and Stanford University ($19 billion).
SOURCE: U.S. Department of Education, National Center for Education Statistics. (2016). Digest of Education Statistics, 2014 (NCES 2016-006), Chapter 3.
|Endowment funds of the 20 colleges and universities with the largest endowments, by rank order:
Fiscal year (FY) 2013
|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||$424,625,337||$466,659,158|
|Harvard University (MA)||1||30,745,534||32,689,489|
|Yale University (CT)||2||19,264,289||20,708,793|
|University of Texas System Office||3||17,070,515||19,740,283|
|Princeton University (NJ)||4||17,404,002||18,786,132|
|Stanford University (CA)||5||17,035,804||18,688,868>|
|Massachusetts Institute of Technology||6||10,149,564||10,857,976|
|University of Michigan, Ann Arbor||7||7,586,547||8,272,366||Columbia University in the City of New York||8||7,654,152||8,197,880|
|Texas A & M University, College Station||9||7,032,204||8,072,055|
|University of Pennsylvania||10||6,754,658||7,741,396|
|University of Notre Dame (IN)||11||6,444,599||6,959,051|
|University of California System Admin. Central Office||12||5,990,577||6,402,600|
|Northwestern University (IL)||13||5,574,319||6,283,130|
|Emory University (GA)||14||5,774,500||6,115,582|
|Duke University (NC)||15||5,555,196||6,040,973||University of Chicago (IL)||16||5,701,419||5,886,968|
|Washington University in Saint Louis (MO)||17||5,303,196||5,749,297|
|University of Virginia, Main Campus||18||4,734,895||5,106,876|
|Rice University (TX)||19||4,448,069||4,895,299|
|Cornell University (NY)||20||3,850,426||4,133,842|
1 Institutions ranked by size of endowment at end of fiscal year 2013.
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. (2016). Digest of Education Statistics, 2014 (NCES 2016-006), Table 333.90.
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