Table 333.90.

Endowment funds of the 120 degree-granting postsecondary institutions with the largest endowments, by rank order: Fiscal year 2017

Institution	Fiscal year (FY) 2017				Institution	Fiscal year (FY) 2017
	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)	†	$543,509,478	$598,295,271	10.1
120 institutions with the largest amounts	†	401,156,926	442,611,198	10.3
Harvard University (MA)	1	35,665,743	37,096,474	4.0	Washington and Lee University (VA)	61	1,472,485	1,547,135	5.1
Yale University (CT)	2	25,413,149	27,216,639	7.1	University of Illinois at Urbana-Champaign	62	1,284,203	1,534,717	19.5
University of Texas System Office	3	23,861,771	25,947,842	8.7	Southern Methodist University (TX)	63	1,383,981	1,505,303	8.8
Stanford University (CA)	4	22,398,130	24,784,943	10.7	Texas Christian University	64	1,407,057	1,471,789	4.6
Princeton University (NJ)	5	21,703,488	23,353,233	7.6	Bowdoin College (ME)	65	1,339,981	1,455,909	8.7
Massachusetts Institute of Technology	6	13,181,515	14,832,483	12.5	University of Iowa	66	1,259,309	1,387,001	10.1
University of Pennsylvania	7	10,715,364	12,213,207	14.0	University of Delaware	67	1,261,790	1,364,057	8.1
Texas A & M University, College Station	8	9,858,672	10,808,501	9.6	Tulane University of Louisiana	68	1,162,217	1,297,740	11.7
University of Michigan, Ann Arbor	9	9,600,640	10,777,563	12.3	Liberty University (VA)	69	1,082,996	1,290,703	19.2
Columbia University in the City of New York (NY)	10	9,041,027	9,996,596	10.6	University of Cincinnati, Main Campus (OH)	70	1,163,276	1,280,295	10.1
University of California System Admin. Central Office	11	8,367,764	9,837,900	17.6	Lehigh University (PA)	71	1,162,711	1,278,120	9.9
University of Notre Dame (IN)	12	8,748,266	9,684,936	10.7	University of Kentucky	72	1,101,772	1,268,396	15.1
Northwestern University (IL)	13	7,478,167	7,947,574	6.3	Syracuse University (NY)	73	1,156,828	1,258,728	8.8
Duke University (NC)	14	6,839,780	7,911,175	15.7	Soka University of America (CA)	74	1,161,267	1,239,053	6.7
Emory University (GA)	15	6,902,625	7,613,022	10.3	Baylor University (TX)	75	1,153,535	1,231,712	6.8
Washington University in St. Louis (MO)	16	6,526,726	7,214,958	10.5	Wake Forest University (NC)	76	1,141,212	1,205,323	5.6
University of Chicago (IL)	17	6,121,266	6,617,076	8.1	Trinity University (TX)	77	1,091,849	1,200,924	10.0
Cornell University (NY)	18	4,524,419	6,516,445	44.0	University of Georgia	78	1,016,732	1,151,904	13.3
University of Virginia, Main Campus	19	5,774,744	6,308,922	9.3	Berea College (KY)	79	1,050,680	1,150,360	9.5
Rice University (TX)	20	5,354,508	5,835,568	9.0	Saint Louis University (MO)	80	1,053,035	1,149,590	9.2
University of Southern California	21	4,608,714	5,130,520	11.3	Baylor College of Medicine (TX)	81	1,033,287	1,133,559	9.7
Dartmouth College (NH)	22	4,474,404	4,956,494	10.8	North Carolina State University at Raleigh	82	998,600	1,122,932	12.5
Ohio State University, Main Campus	23	3,689,936	4,233,106	14.7	University of Texas Southwestern Medical Center	83	1,028,207	1,115,840	8.5
Vanderbilt University (TN)	24	3,795,586	4,136,465	9.0	University of California, San Francisco	84	974,708	1,106,873	13.6
New York University	25	3,587,113	4,076,048	13.6	University of Oklahoma, Norman Campus	85	999,845	1,104,778	10.5
University of Pittsburgh, Pittsburgh Campus (PA)	26	3,501,944	3,921,014	12.0	Indiana University, Purdue University, Indianapolis	86	942,121	1,087,532	15.4
University of Wisconsin, Madison	27	3,058,960	3,759,387	22.9	Indiana University, Bloomington	87	991,134	1,081,730	9.1
Johns Hopkins University (MD)	28	3,306,987	3,744,751	13.2	Princeton Theological Seminary (NJ)	88	1,024,238	1,076,534	5.1
University of Texas at Austin	29	3,374,451	3,678,480	9.0	Middlebury College (VT)	89	1,000,598	1,073,976	7.3
University of Minnesota, Twin Cities	30	3,089,350	3,290,771	6.5	University of Tulsa (OK)	90	975,601	1,053,445	8.0
Brown University (RI)	31	2,963,366	3,245,531	9.5	Juilliard School (NY)	91	932,735	1,046,080	12.2
University of Washington, Seattle Campus	32	3,004,445	3,239,135	7.8	University of Utah	92	957,990	1,006,446	5.1
Michigan State University	33	2,590,300	3,084,973	19.1	Vassar College (NY)	93	928,817	1,002,570	7.9
University of North Carolina at Chapel Hill	34	2,899,974	2,947,111	1.6	University of Arkansas	94	898,908	996,019	10.8
California Institute of Technology	35	2,217,372	2,641,050	19.1	Virginia Polytechnic Institute and State U.	95	835,800	987,600	18.2
Pennsylvania State University, Main Campus	36	2,362,197	2,615,568	10.7	Rutgers University, New Brunswick (NJ)	96	865,867	985,463	13.8
Williams College (MA)	37	2,159,403	2,383,500	10.4	Brandeis University (MA)	97	866,778	976,887	12.7
University of Richmond (VA)	38	2,189,546	2,373,506	8.4	Washington State University	98	907,828	975,177	7.4
Purdue University, Main Campus (IN)	39	2,244,743	2,347,515	4.6	Berry College (GA)	99	944,411	968,546	2.6
Boston College (MA)	40	2,109,860	2,334,883	10.7	Wesleyan University (CT)	100	802,204	967,177	20.6
Amherst College (MA)	41	2,031,843	2,248,141	10.6	University of Nebraska, Lincoln	101	869,874	958,039	10.1
Pomona College (CA)	42	1,984,930	2,165,208	9.1	Hamilton College (NY)	102	861,749	954,714	10.8
University of Rochester (NY)	43	1,927,498	2,121,390	10.1	University of Miami (FL)	103	844,643	948,579	12.3
Georgia Institute of Technology, Main Campus	44	1,843,764	1,985,802	7.7	University of Missouri, Columbia	104	869,566	922,077	6.0
University of California, Los Angeles	45	1,703,587	1,961,228	15.1	Iowa State University	105	699,371	910,356	30.2
Boston University (MA)	46	1,654,531	1,957,021	18.3	Santa Clara University (CA)	106	840,706	905,858	7.7
Swarthmore College (PA)	47	1,746,962	1,955,532	11.9	Colgate University (NY)	107	821,597	881,303	7.3
Wellesley College (MA)	48	1,784,479	1,930,752	8.2	Oberlin College (OH)	108	808,301	879,535	8.8
University of California, Berkeley	49	1,718,520	1,909,978	11.1	Medical College of Wisconsin	109	748,862	875,817	17.0
Grinnell College (IA)	50	1,648,783	1,871,046	13.5	College of William and Mary (VA)	110	803,698	874,081	8.8
Virginia Commonwealth University	51	1,559,874	1,843,001	18.2	Pepperdine University (CA)	111	781,341	860,333	10.1
Case Western Reserve University (OH)	52	1,662,739	1,798,790	8.2	Bryn Mawr College (PA)	112	803,898	852,743	6.1
Smith College (MA)	53	1,627,469	1,767,466	8.6	Massachusetts College of Pharmacy and Health Sciences	113	663,342	847,845	27.8
Tufts University (MA)	54	1,562,968	1,738,706	11.2	Rochester Institute of Technology (NY)	114	750,895	847,211	12.8
George Washington University (DC)	55	1,570,278	1,729,147	10.1	University of Arizona	115	754,651	843,529	11.8
Brigham Young University, Provo (UT)	56	1,571,803	1,720,824	9.5	Thomas Jefferson University (PA)	116	787,426	841,741	6.9
Carnegie Mellon University (PA)	57	1,288,196	1,718,583	33.4	Lafayette College (PA)	117	774,729	833,069	7.5
Georgetown University (DC)	58	1,483,502	1,661,745	12.0	University of Oregon	118	758,692	828,459	9.2
University of Kansas	59	1,496,475	1,634,789	9.2	Carleton College (MN)	119	738,136	828,168	12.2
University of Florida	60	1,461,815	1,605,037	9.8	Bucknell University (PA)	120	722,425	800,765	10.8

†Not applicable.

1 Institutions ranked by size of endowment at end of 2017 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 2018, Finance component. (This table was prepared April 2019.)