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Digest of Education Statistics: 2019
Digest of Education Statistics: 2019

NCES 2021-009
February 2021

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Table 333.90. Endowment funds of the 120 degree-granting postsecondary institutions with the largest endowments, by rank order: Fiscal year 2018
Institution Fiscal year (FY) 2018 Institution Fiscal year (FY) 2018
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) $597,008,695 $648,043,073 8.5          

120 institutions with the largest amounts
442,307,601 482,184,763 9.0          
Harvard University (MA) 1 37,096,474 39,233,736 5.8 Bowdoin College (ME) 61 1,455,909 1,628,165 11.8
University of Texas System Office 2 25,947,842 30,597,370 17.9 Southern Methodist University (TX) 62 1,505,303 1,619,232 7.6
Yale University (CT) 3 27,216,639 29,444,936 8.2 Washington and Lee University (VA) 63 1,547,135 1,603,114 3.6
Stanford University (CA) 4 24,784,943 26,464,912 6.8 Texas Christian University 64 1,471,789 1,595,949 8.4
Princeton University (NJ) 5 23,353,233 25,438,281 8.9 University of Illinois at Urbana-Champaign 65 1,534,717 1,578,169 2.8

Massachusetts Institute of Technology
6 14,832,483 16,400,027 10.6 University of Iowa 66 1,387,001 1,500,456 8.2
University of Pennsylvania 7 12,213,207 13,777,441 12.8 Liberty University (VA) 67 1,290,703 1,432,964 11.0
Texas A & M University, College Station 8 10,812,432 12,688,651 17.4 University of California, San Francisco 68 1,106,873 1,432,799 29.4
University of Michigan, Ann Arbor 9 10,777,563 11,733,013 8.9 University of Delaware 69 1,364,057 1,413,197 3.6
University of Notre Dame (IN) 10 9,684,936 11,065,058 14.3 Tulane University of Louisiana 70 1,297,740 1,383,967 6.6

Columbia University in the City of New York (NY)
11 9,996,596 10,869,245 8.7 University of Cincinnati, Main Campus (OH) 71 1,280,295 1,364,778 6.6
University of California System Admin Central Office 12 9,837,900 10,828,968 10.1 Lehigh University (PA) 72 1,278,120 1,353,116 5.9
Duke University (NC) 13 7,911,175 8,524,846 7.8 Syracuse University (NY) 73 1,258,728 1,338,287 6.3
Northwestern University (IL) 14 7,947,574 8,386,918 5.5 University of Kentucky 74 1,268,396 1,334,530 5.2
Emory University (GA) 15 7,613,022 7,985,467 4.9 Wake Forest University (NC) 75 1,205,323 1,329,255 10.3

Washington University in St Louis (MO)
16 7,214,958 7,687,392 6.5 Baylor University (TX) 76 1,231,712 1,310,781 6.4
University of Chicago (IL) 17 6,617,076 7,009,012 5.9 Trinity University (TX) 77 1,200,924 1,299,405 8.2
Cornell University (NY) 18 6,516,445 6,871,481 5.4 North Carolina State University at Raleigh 78 1,122,932 1,293,743 15.2
University of Virginia, Main Campus 19 6,308,922 6,856,258 8.7 Soka University of America (CA) 79 1,239,053 1,275,811 3.0
Rice University (TX) 20 5,835,568 6,228,857 6.7 University of Georgia 80 1,151,904 1,274,343 10.6

University of Southern California
21 5,130,520 5,544,267 8.1 Saint Louis University (MO) 81 1,149,590 1,226,095 6.7
Dartmouth College (NH) 22 4,956,494 5,494,203 10.8 University of Texas Southwestern Medical Center 82 1,115,840 1,199,509 7.5
Ohio State University, Main Campus 23 4,233,106 5,189,801 22.6 Berea College (KY) 83 1,150,360 1,192,078 3.6
Vanderbilt University (TN) 24 4,136,465 4,608,461 11.4 University of Arkansas 84 996,019 1,185,715 19.0
University of Wisconsin, Madison 25 3,759,387 4,243,440 12.9 Indiana University, Purdue University, Indianapolis 85 1,087,532 1,177,984 8.3

New York University
26 4,076,048 4,222,210 3.6 Baylor College of Medicine (TX) 86 1,133,559 1,171,285 3.3
Johns Hopkins University (MD) 27 3,744,751 4,190,520 11.9 Indiana University, Bloomington 87 1,081,730 1,154,032 6.7
University of Pittsburgh, Pittsburgh Campus (PA) 28 3,921,014 4,174,775 6.5 Virginia Polytechnic Institute and State U 88 987,600 1,136,900 15.1
University of Texas at Austin 29 3,678,480 4,039,907 9.8 Princeton Theological Seminary (NJ) 89 1,076,534 1,129,412 4.9
Brown University (RI) 30 3,245,531 3,603,848 11.0 Middlebury College (VT) 90 1,073,976 1,124,144 4.7

University of Washington, Seattle Campus
31 3,239,135 3,534,519 9.1 University of Tulsa (OK) 91 1,053,445 1,114,621 5.8
University of Minnesota, Twin Cities 32 3,290,771 3,500,753 6.4 Juilliard School (NY) 92 1,046,080 1,106,640 5.8
University of North Carolina at Chapel Hill 33 2,947,111 3,307,663 12.2 Vassar College (NY) 93 1,002,570 1,082,831 8.0
Michigan State University 34 3,084,973 3,306,597 7.2 Wesleyan University (CT) 94 967,177 1,065,219 10.1
California Institute of Technology 35 2,641,050 2,907,002 10.1 University of Utah 95 1,006,446 1,051,841 4.5

Pennsylvania State University, Main Campus
36 2,615,568 2,891,684 10.6 Brandeis University (MA) 96 976,887 1,046,386 7.1
Williams College (MA) 37 2,383,500 2,626,267 10.2 Washington State University 97 975,177 1,024,301 5.0
Boston College (MA) 38 2,334,883 2,515,667 7.7 University of Miami (FL) 98 948,579 1,021,508 7.7
University of Richmond (VA) 39 2,373,506 2,511,584 5.8 University of Nebraska, Lincoln 99 958,039 1,021,199 6.6
Amherst College (MA) 40 2,248,141 2,377,537 5.8 Massachusetts College of Pharmacy and Health Sciences 100 847,845 1,020,134 20.3

Purdue University, Main Campus (IN)
41 2,347,515 2,336,955 -0.4 Iowa State University 101 910,356 1,017,089 11.7
Pomona College (CA) 42 2,165,208 2,273,707 5.0 Rutgers University, New Brunswick (NJ) 102 985,463 1,015,059 3.0
University of Rochester (NY) 43 2,121,390 2,257,357 6.4 Hamilton College (NY) 103 954,714 1,012,841 6.1
Boston University (MA) 44 1,957,021 2,179,287 11.4 University of Missouri, Columbia 104 922,077 1,003,025 8.8
University of California, Los Angeles 45 1,961,228 2,125,752 8.4 Berry College (GA) 105 968,546 985,124 1.7

Swarthmore College (PA)
46 1,955,532 2,115,768 8.2 Santa Clara University (CA) 106 905,858 979,248 8.1
Wellesley College (MA) 47 1,930,752 2,105,212 9.0 University of Arizona 107 843,529 959,632 13.8
Georgia Institute of Technology, Main Campus 48 1,985,802 2,091,110 5.3 Oberlin College (OH) 108 879,535 947,149 7.7
University of California, Berkeley 49 1,909,978 1,999,056 4.7 Rochester Institute of Technology (NY) 109 847,211 938,162 10.7
Grinnell College (IA) 50 1,871,046 1,991,605 6.4 College of William and Mary (VA) 110 874,081 935,544 7.0

Brigham Young University, Provo (UT)
51 1,720,824 1,974,414 14.7 Thomas Jefferson University (PA) 111 841,741 932,897 10.8
Virginia Commonwealth University 52 1,843,001 1,951,337 5.9 Medical College of Wisconsin 112 875,817 930,961 6.3
Case Western Reserve University (OH) 53 1,798,790 1,886,761 4.9 Colgate University (NY) 113 881,303 923,604 4.8
Smith College (MA) 54 1,767,466 1,875,093 6.1 University of Oregon 114 828,459 912,512 10.1
Carnegie Mellon University (PA) 55 1,718,583 1,872,191 8.9 Pepperdine University (CA) 115 860,333 904,142 5.1

Tufts University (MA)
56 1,738,706 1,845,956 6.2 Bryn Mawr College (PA) 116 852,743 897,236 5.2
George Washington University (DC) 57 1,729,147 1,798,810 4.0 Carleton College (MN) 117 828,168 878,494 6.1
Georgetown University (DC) 58 1,661,745 1,769,557 6.5 Lafayette College (PA) 118 833,069 870,742 4.5
University of Kansas 59 1,634,789 1,765,780 8.0 Bucknell University (PA) 119 800,765 851,309 6.3
University of Florida 60 1,605,037 1,727,400 7.6 Denison University (OH) 120 797,249 850,416 6.7
†Not applicable.
1 Institutions ranked by size of endowment at end of 2018 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. In addition to individual degree-granting institution campuses, table includes two state university systems (University of Texas System Office and University of California System Admin Central Office).
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 2019, Finance component. (This table was prepared January 2020.)

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