Table 333.90.

Endowment funds of the 120 degree-granting postsecondary institutions with the largest endowments, by rank order: Fiscal year 2019

Institution	Fiscal year (FY) 2019
	Rank order, end of FY1	Market value of endowment
		Beginning of FY (in thousands)	End of FY (in thousands)	Percent change2
1	2	3	4	5
United States (all institutions)	†	$648,896,292	$675,114,924	4.0
120 institutions with the largest amounts	†	481,964,860	502,244,811	4.2
Harvard University	1	39,233,736	40,929,700	4.3
Yale University	2	29,444,936	30,295,003	2.9
The University of Texas System Office	3	30,597,370	29,842,396	-2.5
Stanford University	4	26,464,912	27,699,834	4.7
Princeton University	5	25,438,281	25,623,628	0.7
Massachusetts Institute of Technology	6	16,400,027	17,443,750	6.4
University of Pennsylvania	7	13,777,441	14,649,761	6.3
Texas A & M University-College Station	8	12,692,805	12,632,093	-0.5
University of Michigan-Ann Arbor	9	11,733,013	12,273,834	4.6
University of California-System Administration Central Office	10	10,828,968	11,891,155	9.8
University of Notre Dame	11	11,065,058	11,565,964	4.5
Columbia University in the City of New York	12	10,869,245	10,950,738	0.7
Emory University	13	7,985,467	8,626,248	8.0
Duke University	14	8,524,846	8,609,004	1.0
Northwestern University	15	8,386,918	8,244,818	-1.7
Washington University in St Louis	16	7,687,392	8,130,483	5.8
University of Chicago	17	7,009,012	7,244,603	3.4
Cornell University	18	6,871,481	6,974,637	1.5
University of Virginia-Main Campus	19	6,856,258	6,953,904	1.4
Rice University	20	6,228,857	6,506,177	4.5
Johns Hopkins University	21	4,190,520	6,275,939	49.8
Vanderbilt University	22	4,608,461	6,270,877	36.1
University of Southern California	23	5,544,267	5,739,565	3.5
Dartmouth College	24	5,494,203	5,731,322	4.3
Ohio State University-Main Campus	25	5,189,801	5,233,313	0.8
University of Wisconsin-Madison	26	4,243,440	4,579,680	7.9
University of Pittsburgh-Pittsburgh Campus	27	4,174,775	4,289,974	2.8
The University of Texas at Austin	28	4,039,907	4,288,184	6.1
New York University	29	4,222,210	4,219,314	-0.1
Brown University	30	3,603,848	3,976,694	10.3
University of Minnesota-Twin Cities	31	3,500,753	3,714,676	6.1
University of Washington-Seattle Campus	32	3,534,519	3,699,979	4.7
University of North Carolina at Chapel Hill	33	3,307,663	3,513,938	6.2
Michigan State University	34	3,306,597	3,434,143	3.9
Pennsylvania State University-Main Campus	35	2,891,684	3,164,850	9.4
California Institute of Technology	36	2,907,002	2,987,001	2.8
Williams College	37	2,626,267	2,744,103	4.5
Purdue University-Main Campus	38	2,336,955	2,539,232	8.7
University of Richmond	39	2,511,584	2,513,209	0.1
Amherst College	40	2,377,537	2,473,283	4.0
Boston College	41	2,515,667	2,433,821	-3.3
Pomona College	42	2,273,707	2,321,097	2.1
University of Rochester	43	2,257,357	2,318,529	2.7
Boston University	44	2,143,074	2,311,388	7.9
University of California-Los Angeles	45	2,125,752	2,255,362	6.1
Wellesley College	46	2,105,212	2,173,415	3.2
Georgia Institute of Technology-Main Campus	47	2,091,110	2,169,005	3.7
University of California-Berkeley	48	1,999,056	2,143,756	7.2
Swarthmore College	49	2,115,768	2,131,553	0.7
Grinnell College	50	1,991,605	2,069,953	3.9
Virginia Commonwealth University	51	1,951,337	2,042,520	4.7
Carnegie Mellon University	52	1,872,191	1,983,602	6.0
Smith College	53	1,875,093	1,913,253	2.0
Brigham Young University-Provo	54	1,974,414	1,878,296	-4.9
Tufts University	55	1,845,956	1,867,962	1.2
Case Western Reserve University	56	1,842,899	1,866,500	1.3
University of Kansas	57	1,765,780	1,842,170	4.3
Georgetown University	58	1,769,557	1,822,484	3.0
University of Florida	59	1,727,400	1,818,319	5.3
George Washington University	60	1,798,810	1,778,559	-1.1
University of Illinois at Urbana-Champaign	61	1,578,169	1,772,258	12.3
Bowdoin College	62	1,628,165	1,743,671	7.1
Washington and Lee University	63	1,603,114	1,676,308	4.6
Texas Christian University	64	1,595,949	1,620,665	1.5
Southern Methodist University	65	1,619,232	1,607,333	-0.7
University of California-San Francisco	66	1,432,799	1,602,091	11.8
Liberty University	67	1,432,964	1,587,919	10.8
University of Iowa	68	1,500,456	1,578,933	5.2
University of Delaware	69	1,413,197	1,466,070	3.7
University of Cincinnati-Main Campus	70	1,364,778	1,449,732	6.2
Tulane University of Louisiana	71	1,383,967	1,423,305	2.8
Lehigh University	72	1,353,116	1,411,641	4.3
North Carolina State University at Raleigh	73	1,293,743	1,400,655	8.3
Syracuse University	74	1,338,287	1,392,691	4.1
University of Kentucky	75	1,334,530	1,385,507	3.8
Wake Forest University	76	1,339,003	1,375,398	2.7
Virginia Polytechnic Institute and State University	77	1,136,900	1,348,500	18.6
University of Georgia	78	1,274,343	1,343,987	5.5
Baylor University	79	1,310,781	1,322,822	0.9
University of Nebraska-Lincoln	80	1,021,199	1,309,494	28.2
Trinity University	81	1,299,405	1,287,117	-0.9
Soka University of America	82	1,275,811	1,270,123	-0.4
Saint Louis University	83	1,226,095	1,252,678	2.2
Indiana University-Purdue University-Indianapolis	84	1,177,984	1,241,295	5.4
University of Arkansas	85	1,185,715	1,221,935	3.1
Berea College	86	1,192,078	1,218,740	2.2
University of Texas Southwestern Medical Center	87	1,199,509	1,215,979	1.4
Baylor College of Medicine	88	1,171,285	1,173,489	0.2
Indiana University-Bloomington	89	1,154,032	1,172,818	1.6
Middlebury College	90	1,124,144	1,157,786	3.0
MCPHS University	91	1,020,134	1,131,298	10.9
Princeton Theological Seminary	92	1,129,412	1,130,871	0.1
Rutgers University-New Brunswick	93	1,015,059	1,130,228	11.3
University of Tulsa	94	1,114,621	1,129,458	1.3
Vassar College	95	1,082,831	1,124,864	3.9
The Juilliard School	96	1,106,640	1,103,572	-0.3
University of Utah	97	1,051,841	1,080,567	2.7
Wesleyan University	98	1,065,219	1,080,015	1.4
Northeastern University	99	847,756	1,074,592	26.8
Brandeis University	100	1,046,386	1,073,526	2.6
Washington State University	101	1,024,301	1,068,763	4.3
Berry College	102	985,124	1,065,940	8.2
Iowa State University	103	1,017,089	1,056,849	3.9
University of Missouri-Columbia	104	1,003,025	1,052,760	5.0
University of Arizona	105	959,632	1,038,133	8.2
Santa Clara University	106	979,248	1,019,760	4.1
Hamilton College	107	1,012,841	1,017,291	0.4
University of Miami	108	1,021,508	997,413	-2.4
William & Mary	109	935,544	995,874	6.4
Oberlin College	110	947,149	984,675	4.0
Rochester Institute of Technology	111	938,162	957,232	2.0
Thomas Jefferson University	112	932,897	954,177	2.3
University of Oregon	113	912,512	947,072	3.8
Medical College of Wisconsin	114	930,961	937,909	0.7
Colgate University	115	923,604	934,426	1.2
Arizona State University-Tempe	116	720,565	922,103	28.0
Pepperdine University	117	904,142	917,550	1.5
Carleton College	118	878,494	892,353	1.6
Bryn Mawr College	119	897,236	888,153	-1.0
Denison University	120	850,416	887,898	4.4

†Not applicable.

1 Institutions ranked by size of endowment at end of 2019 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: Data in this table represent the 50 states and the District of Columbia. Degree-granting institutions grant associate’s or higher degrees and participate in Title IV federal financial aid programs. In addition to individual degree-granting institution campuses, this table includes two state university systems (University of Texas System Office and University of California System Admin Central Office).

SOURCE: U.S. Department of Education, National Center for Education Statistics, Integrated Postsecondary Education Data System (IPEDS), Spring 2020, Finance component. (This table was prepared March 2021.)