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List of colleges and universities in the United States by endowment

Updated: Wikipedia source

List of colleges and universities in the United States by endowment

Many colleges and universities in the United States maintain a financial endowment consisting of assets that are invested in financial securities, real estate, and other instruments. The investment yields a return that funds a portion of an institution's operational expenses while the principal exists in perpetuity. U . colleges and universities maintain some of the largest endowments in the world and make up the vast majority of higher education institutions with endowments greater than $1 billion. The National Association of College and University Business Officers (NACUBO) maintains information on endowments at U . higher education institutions by fiscal year (FY). As of FY2024, the total endowment market value of U . institutions stood at $837 billion, with an average across all institutions of $1 billion and a median of $244 million. There exists significant disparity in endowment income among US universities. One fifth of institutions own four fifths of the endowment wealth, while the bottom 20% of institutions own about 1%.

Tables

Endowment market values of US private institutions, FY2024–FY2025 · Endowments greater than $1 billion › Private schools
1
1
Rank
1
Institution
Harvard University
State
MA
FY2025 endowment (billions USD)
$55
FY2024 endowment (billions USD)
$51
Change (%)
+7 %
2
2
Rank
2
Institution
Yale University
State
CT
FY2025 endowment (billions USD)
$44
FY2024 endowment (billions USD)
$41
Change (%)
+6 %
3
3
Rank
3
Institution
Stanford University
State
CA
FY2025 endowment (billions USD)
$40
FY2024 endowment (billions USD)
$37
Change (%)
+8 %
4
4
Rank
4
Institution
The Trustees of Princeton University
State
NJ
FY2025 endowment (billions USD)
$36
FY2024 endowment (billions USD)
$34
Change (%)
+6 %
5
5
Rank
5
Institution
Massachusetts Institute of Technology
State
MA
FY2025 endowment (billions USD)
$27
FY2024 endowment (billions USD)
$24
Change (%)
+11 %
6
6
Rank
6
Institution
The University of Pennsylvania
State
PA
FY2025 endowment (billions USD)
$24
FY2024 endowment (billions USD)
$22
Change (%)
+11 %
7
7
Rank
7
Institution
University of Notre Dame
State
IN
FY2025 endowment (billions USD)
$20
FY2024 endowment (billions USD)
$17
Change (%)
+12 %
8
8
Rank
8
Institution
Columbia University in the City of New York
State
NY
FY2025 endowment (billions USD)
$15
FY2024 endowment (billions USD)
$14
Change (%)
+7 %
9
9
Rank
9
Institution
Northwestern University
State
IL
FY2025 endowment (billions USD)
$15
FY2024 endowment (billions USD)
$14
Change (%)
+6 %
10
10
Rank
10
Institution
Johns Hopkins University
State
MD
FY2025 endowment (billions USD)
$13
FY2024 endowment (billions USD)
$13
Change (%)
+5 %
11
11
Rank
11
Institution
Washington University in St. Louis
State
MO
FY2025 endowment (billions USD)
$13
FY2024 endowment (billions USD)
$11
Change (%)
+11 %
12
12
Rank
12
Institution
Duke University
State
NC
FY2025 endowment (billions USD)
$12
FY2024 endowment (billions USD)
$11
Change (%)
+3 %
13
13
Rank
13
Institution
Emory University
State
GA
FY2025 endowment (billions USD)
$12
FY2024 endowment (billions USD)
$11
Change (%)
+8 %
14
14
Rank
14
Institution
Cornell University
State
NY
FY2025 endowment (billions USD)
$11
FY2024 endowment (billions USD)
$10
Change (%)
+10 %
15
15
Rank
15
Institution
Vanderbilt University
State
TN
FY2025 endowment (billions USD)
$10
FY2024 endowment (billions USD)
$10
Change (%)
+5 %
16
16
Rank
16
Institution
University of Chicago
State
IL
FY2025 endowment (billions USD)
$10
FY2024 endowment (billions USD)
$10
Change (%)
+5 %
17
17
Rank
17
Institution
University of Southern California
State
CA
FY2025 endowment (billions USD)
$9
FY2024 endowment (billions USD)
$8
Change (%)
+10 %
18
18
Rank
18
Institution
Dartmouth College
State
NH
FY2025 endowment (billions USD)
$8
FY2024 endowment (billions USD)
$8
Change (%)
+8 %
19
19
Rank
19
Institution
Rice University
State
TX
FY2025 endowment (billions USD)
$8
FY2024 endowment (billions USD)
$8
Change (%)
+5 %
20
20
Rank
20
Institution
Brown University
State
RI
FY2025 endowment (billions USD)
$7
FY2024 endowment (billions USD)
$6
Change (%)
+8 %
21
21
Rank
21
Institution
New York University
State
NY
FY2025 endowment (billions USD)
$7
FY2024 endowment (billions USD)
$6
Change (%)
+11 %
22
22
Rank
22
Institution
California Institute of Technology
State
CA
FY2025 endowment (billions USD)
$4
FY2024 endowment (billions USD)
$4
Change (%)
+4 %
23
23
Rank
23
Institution
Carnegie Mellon University
State
PA
FY2025 endowment (billions USD)
$4
FY2024 endowment (billions USD)
$4
Change (%)
+7 %
24
24
Rank
24
Institution
Boston College
State
MA
FY2025 endowment (billions USD)
$4
FY2024 endowment (billions USD)
$3
Change (%)
+12 %
25
25
Rank
25
Institution
Boston University
State
MA
FY2025 endowment (billions USD)
$4
FY2024 endowment (billions USD)
$3
Change (%)
+13 %
26
26
Rank
26
Institution
Georgetown University
State
DC
FY2025 endowment (billions USD)
$3
FY2024 endowment (billions USD)
$3
Change (%)
+8 %
27
27
Rank
27
Institution
Williams College
State
MA
FY2025 endowment (billions USD)
$3
FY2024 endowment (billions USD)
$3
Change (%)
+7 %
28
28
Rank
28
Institution
Amherst College
State
MA
FY2025 endowment (billions USD)
$3
FY2024 endowment (billions USD)
$3
Change (%)
+9 %
29
29
Rank
29
Institution
University of Richmond
State
VA
FY2025 endowment (billions USD)
$3
FY2024 endowment (billions USD)
$3
Change (%)
+7 %
30
30
Rank
30
Institution
University of Rochester
State
NY
FY2025 endowment (billions USD)
$3
FY2024 endowment (billions USD)
$2
Change (%)
+8 %
31
31
Rank
31
Institution
Pomona College
State
CA
FY2025 endowment (billions USD)
$3
FY2024 endowment (billions USD)
$2
Change (%)
+7 %
32
32
Rank
32
Institution
Wellesley College
State
MA
FY2025 endowment (billions USD)
$3
FY2024 endowment (billions USD)
$3
Change (%)
+6 %
33
33
Rank
33
Institution
Bowdoin College
State
ME
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+12 %
34
34
Rank
34
Institution
Texas Christian University
State
TX
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+6 %
35
35
Rank
35
Institution
Grinnell College
State
IA
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+6 %
36
36
Rank
36
Institution
Swarthmore College
State
PA
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+4 %
37
37
Rank
37
Institution
The George Washington University
State
DC
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+6 %
38
38
Rank
38
Institution
Smith College
State
MA
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+5 %
39
39
Rank
39
Institution
Tufts University
State
MA
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+6 %
40
40
Rank
40
Institution
The Rockefeller University
State
NY
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+7 %
41
41
Rank
41
Institution
Case Western Reserve University
State
OH
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+5 %
42
42
Rank
42
Institution
Tulane University
State
LA
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+8 %
43
43
Rank
43
Institution
Southern Methodist University
State
TX
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+10 %
44
44
Rank
44
Institution
Syracuse University
State
NY
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+8 %
45
45
Rank
45
Institution
Washington and Lee University
State
VA
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+7 %
46
46
Rank
46
Institution
Baylor University
State
TX
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+4 %
47
47
Rank
47
Institution
Wake Forest University
State
NC
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+7 %
48
48
Rank
48
Institution
Saint Louis University
State
MO
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$1
Change (%)
+7 %
49
49
Rank
49
Institution
Lehigh University
State
PA
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$1
Change (%)
+6 %
50
50
Rank
50
Institution
Trinity University
State
TX
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+5 %
51
51
Rank
51
Institution
Medical College of Wisconsin
State
WI
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+7 %
52
52
Rank
52
Institution
Berea College
State
KY
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+11 %
53
53
Rank
53
Institution
Middlebury College
State
VT
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+8 %
54
54
Rank
54
Institution
University of Miami
State
FL
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+7 %
55
55
Rank
55
Institution
Santa Clara University
State
CA
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+7 %
56
56
Rank
56
Institution
Wesleyan University
State
CT
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+3 %
57
57
Rank
57
Institution
School of the Art Institute of Chicago
State
IL
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+6 %
58
58
Rank
58
Institution
Princeton Theological Seminary
State
NJ
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+7 %
59
59
Rank
59
Institution
Hamilton College
State
NY
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+9 %
60
60
Rank
60
Institution
Oberlin College
State
OH
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+16 %
61
61
Rank
61
Institution
Villanova University
State
PA
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+10 %
62
62
Rank
62
Institution
Berry College
State
GA
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+7 %
63
63
Rank
63
Institution
Rochester Institute of Technology
State
NY
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+6 %
64
64
Rank
64
Institution
Davidson College
State
NC
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+6 %
65
65
Rank
65
Institution
Loma Linda University
State
CA
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+7 %
66
66
Rank
66
Institution
Baylor College of Medicine
State
TX
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
-3 %
67
67
Rank
67
Institution
Vassar College
State
NY
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+7 %
68
68
Rank
68
Institution
Brandeis University
State
MA
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+7 %
69
69
Rank
69
Institution
Claremont McKenna College
State
CA
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+9 %
70
70
Rank
70
Institution
Colgate University
State
NY
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+7 %
71
71
Rank
71
Institution
Bryn Mawr College
State
PA
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+10 %
72
72
Rank
72
Institution
University of Tulsa
State
OK
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+3 %
73
73
Rank
73
Institution
Carleton College
State
MN
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+7 %
74
74
Rank
74
Institution
Pepperdine University
State
CA
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
-0 %
75
75
Rank
75
Institution
Bucknell University
State
PA
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+8 %
76
76
Rank
76
Institution
Colby College
State
ME
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+7 %
77
77
Rank
77
Institution
College of the Holy Cross
State
MA
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+8 %
78
78
Rank
78
Institution
Lafayette College
State
PA
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+6 %
79
79
Rank
79
Institution
Mount Holyoke College
State
MA
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+7 %
Rank
Institution
State
FY2025 endowment (billions USD)
FY2024 endowment (billions USD)
Change (%)
1
Harvard University
MA
$55
$51
+7 %
2
Yale University
CT
$44
$41
+6 %
3
Stanford University
CA
$40
$37
+8 %
4
The Trustees of Princeton University
NJ
$36
$34
+6 %
5
Massachusetts Institute of Technology
MA
$27
$24
+11 %
6
The University of Pennsylvania
PA
$24
$22
+11 %
7
University of Notre Dame
IN
$20
$17
+12 %
8
Columbia University in the City of New York
NY
$15
$14
+7 %
9
Northwestern University
IL
$15
$14
+6 %
10
Johns Hopkins University
MD
$13
$13
+5 %
11
Washington University in St. Louis
MO
$13
$11
+11 %
12
Duke University
NC
$12
$11
+3 %
13
Emory University
GA
$12
$11
+8 %
14
Cornell University
NY
$11
$10
+10 %
15
Vanderbilt University
TN
$10
$10
+5 %
16
University of Chicago
IL
$10
$10
+5 %
17
University of Southern California
CA
$9
$8
+10 %
18
Dartmouth College
NH
$8
$8
+8 %
19
Rice University
TX
$8
$8
+5 %
20
Brown University
RI
$7
$6
+8 %
21
New York University
NY
$7
$6
+11 %
22
California Institute of Technology
CA
$4
$4
+4 %
23
Carnegie Mellon University
PA
$4
$4
+7 %
24
Boston College
MA
$4
$3
+12 %
25
Boston University
MA
$4
$3
+13 %
26
Georgetown University
DC
$3
$3
+8 %
27
Williams College
MA
$3
$3
+7 %
28
Amherst College
MA
$3
$3
+9 %
29
University of Richmond
VA
$3
$3
+7 %
30
University of Rochester
NY
$3
$2
+8 %
31
Pomona College
CA
$3
$2
+7 %
32
Wellesley College
MA
$3
$3
+6 %
33
Bowdoin College
ME
$2
$2
+12 %
34
Texas Christian University
TX
$2
$2
+6 %
35
Grinnell College
IA
$2
$2
+6 %
36
Swarthmore College
PA
$2
$2
+4 %
37
The George Washington University
DC
$2
$2
+6 %
38
Smith College
MA
$2
$2
+5 %
39
Tufts University
MA
$2
$2
+6 %
40
The Rockefeller University
NY
$2
$2
+7 %
41
Case Western Reserve University
OH
$2
$2
+5 %
42
Tulane University
LA
$2
$2
+8 %
43
Southern Methodist University
TX
$2
$2
+10 %
44
Syracuse University
NY
$2
$2
+8 %
45
Washington and Lee University
VA
$2
$2
+7 %
46
Baylor University
TX
$2
$2
+4 %
47
Wake Forest University
NC
$2
$2
+7 %
48
Saint Louis University
MO
$2
$1
+7 %
49
Lehigh University
PA
$2
$1
+6 %
Endowment market values of US public institutions and systems, FY2024–FY2025 · Endowments greater than $1 billion › Public schools
1
1
Rank
1
Institution
The University of Texas System
State
TX
FY2025 endowment (billions USD)
$27
FY2024 endowment (billions USD)
$24
Change (%)
+9 %
2
2
Rank
2
Institution
The Texas A&M University System & Related Foundations
State
TX
FY2025 endowment (billions USD)
$22
FY2024 endowment (billions USD)
$20
Change (%)
+9 %
3
3
Rank
3
Institution
University of Michigan
State
MI
FY2025 endowment (billions USD)
$21
FY2024 endowment (billions USD)
$19
Change (%)
+10 %
4
4
Rank
4
Institution
The Regents of the University of California
State
CA
FY2025 endowment (billions USD)
$20
FY2024 endowment (billions USD)
$19
Change (%)
+5 %
5
5
Rank
5
Institution
University of Virginia
State
VA
FY2025 endowment (billions USD)
$11
FY2024 endowment (billions USD)
$10
Change (%)
+9 %
6
6
Rank
6
Institution
The Ohio State University
State
OH
FY2025 endowment (billions USD)
$8
FY2024 endowment (billions USD)
$7
Change (%)
+8 %
7
7
Rank
7
Institution
The University of Texas at Austin
State
TX
FY2025 endowment (billions USD)
$6
FY2024 endowment (billions USD)
$6
Change (%)
+6 %
8
8
Rank
8
Institution
University of Minnesota & Foundations
State
MN
FY2025 endowment (billions USD)
$6
FY2024 endowment (billions USD)
$5
Change (%)
+8 %
9
9
Rank
9
Institution
University of North Carolina at Chapel Hill
State
NC
FY2025 endowment (billions USD)
$6
FY2024 endowment (billions USD)
$5
Change (%)
+8 %
10
10
Rank
10
Institution
University of Pittsburgh
State
PA
FY2025 endowment (billions USD)
$6
FY2024 endowment (billions USD)
$5
Change (%)
+6 %
11
11
Rank
11
Institution
The Pennsylvania State University
State
PA
FY2025 endowment (billions USD)
$5
FY2024 endowment (billions USD)
$4
Change (%)
+6 %
12
12
Rank
12
Institution
University of Wisconsin Foundation
State
WI
FY2025 endowment (billions USD)
$4
FY2024 endowment (billions USD)
$4
Change (%)
+14 %
13
13
Rank
13
Institution
UCLA Foundation
State
CA
FY2025 endowment (billions USD)
$4
FY2024 endowment (billions USD)
$4
Change (%)
+10 %
14
14
Rank
14
Institution
Michigan State University
State
MI
FY2025 endowment (billions USD)
$4
FY2024 endowment (billions USD)
$4
Change (%)
+4 %
15
15
Rank
15
Institution
Purdue University
State
IN
FY2025 endowment (billions USD)
$4
FY2024 endowment (billions USD)
$4
Change (%)
+8 %
16
16
Rank
16
Institution
Indiana University Foundation
State
IN
FY2025 endowment (billions USD)
$4
FY2024 endowment (billions USD)
$3
Change (%)
+6 %
17
17
Rank
17
Institution
University of Illinois & Foundations
State
IL
FY2025 endowment (billions USD)
$3
FY2024 endowment (billions USD)
$3
Change (%)
+2 %
18
18
Rank
18
Institution
University of Iowa and Foundations
State
IA
FY2025 endowment (billions USD)
$3
FY2024 endowment (billions USD)
$3
Change (%)
+7 %
19
19
Rank
19
Institution
Georgia Institute of Technology and Related Foundations
State
GA
FY2025 endowment (billions USD)
$3
FY2024 endowment (billions USD)
$3
Change (%)
+10 %
20
20
Rank
20
Institution
University of California Berkeley Foundation
State
CA
FY2025 endowment (billions USD)
$3
FY2024 endowment (billions USD)
$3
Change (%)
+9 %
21
21
Rank
21
Institution
University of California San Francisco
State
CA
FY2025 endowment (billions USD)
$3
FY2024 endowment (billions USD)
$2
Change (%)
+11 %
22
22
Rank
22
Institution
Virginia Commonwealth University and Affiliated Entities
State
VA
FY2025 endowment (billions USD)
$3
FY2024 endowment (billions USD)
$2
Change (%)
+11 %
23
23
Rank
23
Institution
Texas Tech University
State
TX
FY2025 endowment (billions USD)
$3
FY2024 endowment (billions USD)
$2
Change (%)
+5 %
24
24
Rank
24
Institution
University of Nebraska
State
NE
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+7 %
25
25
Rank
25
Institution
University of Florida Foundation Inc.
State
FL
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+9 %
26
26
Rank
26
Institution
The Kansas University Endowment Association
State
KS
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+6 %
27
27
Rank
27
Institution
The Board of Trustees of The University of Alabama
State
AL
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+8 %
28
28
Rank
28
Institution
University of Missouri System
State
MO
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+5 %
29
29
Rank
29
Institution
North Carolina State University
State
NC
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+14 %
30
30
Rank
30
Institution
The University of Texas Southwestern Medical Center
State
TX
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+6 %
31
31
Rank
31
Institution
University of Colorado Foundation
State
CO
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+10 %
32
32
Rank
32
Institution
The University System of Maryland Foundation
State
MD
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+7 %
33
33
Rank
33
Institution
Rutgers The State University of New Jersey
State
NJ
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+7 %
34
34
Rank
34
Institution
The University of Georgia and Related Foundations
State
GA
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$2
Change (%)
+6 %
35
35
Rank
35
Institution
University of Kentucky
State
KY
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$1
Change (%)
+9 %
36
36
Rank
36
Institution
Texas State University System
State
TX
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$1
Change (%)
+50 %
37
37
Rank
37
Institution
Virginia Tech Foundation
State
VA
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$1
Change (%)
+7 %
38
38
Rank
38
Institution
The University of Utah
State
UT
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$1
Change (%)
+11 %
39
39
Rank
39
Institution
University of Delaware
State
DE
FY2025 endowment (billions USD)
$2
FY2024 endowment (billions USD)
$1
Change (%)
+6 %
40
40
Rank
40
Institution
The University of Texas M . Anderson Cancer Center
State
TX
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+6 %
41
41
Rank
41
Institution
The University of Tennessee System
State
TN
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+8 %
42
42
Rank
42
Institution
Iowa State University
State
IA
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+11 %
43
43
Rank
43
Institution
University of Oregon Foundation
State
OR
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+11 %
44
44
Rank
44
Institution
University of Arkansas at Fayetteville and Foundation
State
AR
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+8 %
45
45
Rank
45
Institution
University of Massachusetts Foundation
State
MA
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+16 %
46
46
Rank
46
Institution
University of California San Diego
State
CA
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+12 %
47
47
Rank
47
Institution
University of Cincinnati
State
OH
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+22 %
48
48
Rank
48
Institution
Arizona State University
State
AZ
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+10 %
49
49
Rank
49
Institution
William & Mary and Foundations
State
VA
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+9 %
50
50
Rank
50
Institution
Oklahoma State University Foundation
State
OK
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+5 %
51
51
Rank
51
Institution
The University of Arizona and the University of Arizona Foundation
State
AZ
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+8 %
52
52
Rank
52
Institution
Oklahoma State Regents for Higher Education
State
OK
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+7 %
53
53
Rank
53
Institution
Auburn University and Foundation
State
AL
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+10 %
54
54
Rank
54
Institution
Oregon Health and Science University Foundation
State
OR
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+3 %
55
55
Rank
55
Institution
Clemson University Foundation
State
SC
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+10 %
56
56
Rank
56
Institution
Louisiana State University System
State
LA
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+8 %
57
57
Rank
57
Institution
The University of Texas at San Antonio
State
TX
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+6 %
58
58
Rank
58
Institution
University at Buffalo Foundation Inc.
State
NY
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+10 %
59
59
Rank
59
Institution
University of South Carolina and Affiliated Foundations
State
SC
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+9 %
60
60
Rank
60
Institution
Florida State University Foundation Inc.
State
FL
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+7 %
61
61
Rank
61
Institution
The University of Texas Health Science Center at Houston
State
TX
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+8 %
62
62
Rank
62
Institution
Miami University
State
OH
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$0
Change (%)
+33 %
63
63
Rank
63
Institution
University of Louisville Foundation
State
KY
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$1
Change (%)
+6 %
64
64
Rank
64
Institution
University System of New Hampshire & University of New Hampshire Foundation
State
NH
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$0
Change (%)
+8 %
65
65
Rank
65
Institution
Temple University
State
PA
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$0
Change (%)
+13 %
66
66
Rank
66
Institution
University of California Irvine Foundation
State
CA
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$0
Change (%)
+14 %
67
67
Rank
67
Institution
Oregon State University Foundation
State
OR
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$0
Change (%)
+12 %
68
68
Rank
68
Institution
University of Mississippi Foundation
State
MS
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$0
Change (%)
+8 %
69
69
Rank
69
Institution
Mississippi State University & Foundation
State
MS
FY2025 endowment (billions USD)
$1
FY2024 endowment (billions USD)
$0
Change (%)
+11 %
Rank
Institution
State
FY2025 endowment (billions USD)
FY2024 endowment (billions USD)
Change (%)
1
The University of Texas System
TX
$27
$24
+9 %
2
The Texas A&M University System & Related Foundations
TX
$22
$20
+9 %
3
University of Michigan
MI
$21
$19
+10 %
4
The Regents of the University of California
CA
$20
$19
+5 %
5
University of Virginia
VA
$11
$10
+9 %
6
The Ohio State University
OH
$8
$7
+8 %
7
The University of Texas at Austin
TX
$6
$6
+6 %
8
University of Minnesota & Foundations
MN
$6
$5
+8 %
9
University of North Carolina at Chapel Hill
NC
$6
$5
+8 %
10
University of Pittsburgh
PA
$6
$5
+6 %
11
The Pennsylvania State University
PA
$5
$4
+6 %
12
University of Wisconsin Foundation
WI
$4
$4
+14 %
13
UCLA Foundation
CA
$4
$4
+10 %
14
Michigan State University
MI
$4
$4
+4 %
15
Purdue University
IN
$4
$4
+8 %
16
Indiana University Foundation
IN
$4
$3
+6 %
17
University of Illinois & Foundations
IL
$3
$3
+2 %
18
University of Iowa and Foundations
IA
$3
$3
+7 %
19
Georgia Institute of Technology and Related Foundations
GA
$3
$3
+10 %
20
University of California Berkeley Foundation
CA
$3
$3
+9 %
21
University of California San Francisco
CA
$3
$2
+11 %
22
Virginia Commonwealth University and Affiliated Entities
VA
$3
$2
+11 %
23
Texas Tech University
TX
$3
$2
+5 %
24
University of Nebraska
NE
$2
$2
+7 %
25
University of Florida Foundation Inc.
FL
$2
$2
+9 %
26
The Kansas University Endowment Association
KS
$2
$2
+6 %
27
The Board of Trustees of The University of Alabama
AL
$2
$2
+8 %
28
University of Missouri System
MO
$2
$2
+5 %
29
North Carolina State University
NC
$2
$2
+14 %
30
The University of Texas Southwestern Medical Center
TX
$2
$2
+6 %
31
University of Colorado Foundation
CO
$2
$2
+10 %
32
The University System of Maryland Foundation
MD
$2
$2
+7 %
33
Rutgers The State University of New Jersey
NJ
$2
$2
+7 %
34
The University of Georgia and Related Foundations
GA
$2
$2
+6 %
35
University of Kentucky
KY
$2
$1
+9 %
36
Texas State University System
TX
$2
$1
+50 %
37
Virginia Tech Foundation
VA
$2
$1
+7 %
38
The University of Utah
UT
$2
$1
+11 %
39
University of Delaware
DE
$2
$1
+6 %
40
The University of Texas M . Anderson Cancer Center
TX
$1
$1
+6 %
41
The University of Tennessee System
TN
$1
$1
+8 %
42
Iowa State University
IA
$1
$1
+11 %
43
University of Oregon Foundation
OR
$1
$1
+11 %
44
University of Arkansas at Fayetteville and Foundation
AR
$1
$1
+8 %
45
University of Massachusetts Foundation
MA
$1
$1
+16 %
46
University of California San Diego
CA
$1
$1
+12 %
47
University of Cincinnati
OH
$1
$1
+22 %
48
Arizona State University
AZ
$1
$1
+10 %
49
William & Mary and Foundations
VA
$1
$1
+9 %
· <span>Endowments per student greater than $1 million</span>
1
1
Rank
1
Institution
Princeton Theological Seminary
Enrollment (FTE – fall 2023)
282
Endowment per student (USD – FY2024)
$5,154,575
Change (1‑year)
+12 %
2
2
Rank
2
Institution
Princeton University
Enrollment (FTE – fall 2023)
9,079
Endowment per student (USD – FY2024)
$3,750,669
Change (1‑year)
−2 %
3
3
Rank
3
Institution
Yale University
Enrollment (FTE – fall 2023)
15,269
Endowment per student (USD – FY2024)
$2,714,107
Change (1‑year)
−2 %
4
4
Rank
4
Institution
Stanford University
Enrollment (FTE – fall 2023)
17,623
Endowment per student (USD – FY2024)
$2,135,335
Change (1‑year)
+1 %
5
5
Rank
5
Institution
Harvard University
Enrollment (FTE – fall 2023)
24,357
Endowment per student (USD – FY2024)
$2,133,974
Change (1‑year)
+5 %
6
6
Rank
6
Institution
Massachusetts Institute of Technology
Enrollment (FTE – fall 2023)
11,777
Endowment per student (USD – FY2024)
$2,086,500
Change (1‑year)
+4 %
7
7
Rank
7
Institution
RAND School of Public Policy
Enrollment (FTE – fall 2023)
158
Endowment per student (USD – FY2024)
$1,981,314
Change (1‑year)
−11 %
8
8
Rank
8
Institution
Amherst College
Enrollment (FTE – fall 2023)
1,910
Endowment per student (USD – FY2024)
$1,858,417
Change (1‑year)
+5 %
9
9
Rank
9
Institution
Pomona College
Enrollment (FTE – fall 2023)
1,652
Endowment per student (USD – FY2024)
$1,810,914
Change (1‑year)
+11 %
10
10
Rank
10
Institution
Williams College
Enrollment (FTE – fall 2023)
2,140
Endowment per student (USD – FY2024)
$1,708,205
Change (1‑year)
+4 %
11
11
Rank
11
Institution
California Institute of Technology
Enrollment (FTE – fall 2023)
2,463
Endowment per student (USD – FY2024)
$1,682,826
Change (1‑year)
+10 %
12
12
Rank
12
Institution
Columbia Theological Seminary
Enrollment (FTE – fall 2023)
167
Endowment per student (USD – FY2024)
$1,676,212
Change (1‑year)
+11 %
13
13
Rank
13
Institution
Swarthmore College
Enrollment (FTE – fall 2023)
1,712
Endowment per student (USD – FY2024)
$1,593,734
Change (1‑year)
−0 %
14
14
Rank
14
Institution
Grinnell College
Enrollment (FTE – fall 2023)
1,750
Endowment per student (USD – FY2024)
$1,526,198
Change (1‑year)
+5 %
15
15
Rank
15
Institution
Austin Presbyterian Theological Seminary
Enrollment (FTE – fall 2023)
110
Endowment per student (USD – FY2024)
$1,445,756
Change (1‑year)
+7 %
16
16
Rank
16
Institution
University of Notre Dame
Enrollment (FTE – fall 2023)
12,785
Endowment per student (USD – FY2024)
$1,399,873
Change (1‑year)
+8 %
17
17
Rank
17
Institution
Bowdoin College
Enrollment (FTE – fall 2023)
1,847
Endowment per student (USD – FY2024)
$1,397,968
Change (1‑year)
+10 %
18
18
Rank
18
Institution
Wellesley College
Enrollment (FTE – fall 2023)
2,362
Endowment per student (USD – FY2024)
$1,272,249
Change (1‑year)
+16 %
19
19
Rank
19
Institution
Dartmouth College
Enrollment (FTE – fall 2023)
6,700
Endowment per student (USD – FY2024)
$1,234,823
Change (1‑year)
+5 %
20
20
Rank
20
Institution
Principia College
Enrollment (FTE – fall 2023)
838
Endowment per student (USD – FY2024)
$1,141,078
Change (1‑year)
+10 %
21
21
Rank
21
Institution
Berea College
Enrollment (FTE – fall 2023)
1,487
Endowment per student (USD – FY2024)
$1,108,849
Change (1‑year)
+4 %
22
22
Rank
22
Institution
Medical College of Wisconsin
Enrollment (FTE – fall 2023)
1,656
Endowment per student (USD – FY2024)
$1,085,649
Change (1‑year)
+9 %
23
23
Rank
23
Institution
Smith College
Enrollment (FTE – fall 2023)
2,495
Endowment per student (USD – FY2024)
$1,027,705
Change (1‑year)
+18 %
Rank
Institution
Enrollment (FTE – fall 2023)
Endowment per student (USD – FY2024)
Change (1‑year)
1
Princeton Theological Seminary
282
$5,154,575
+12 %
2
Princeton University
9,079
$3,750,669
−2 %
3
Yale University
15,269
$2,714,107
−2 %
4
Stanford University
17,623
$2,135,335
+1 %
5
Harvard University
24,357
$2,133,974
+5 %
6
Massachusetts Institute of Technology
11,777
$2,086,500
+4 %
7
RAND School of Public Policy
158
$1,981,314
−11 %
8
Amherst College
1,910
$1,858,417
+5 %
9
Pomona College
1,652
$1,810,914
+11 %
10
Williams College
2,140
$1,708,205
+4 %
11
California Institute of Technology
2,463
$1,682,826
+10 %
12
Columbia Theological Seminary
167
$1,676,212
+11 %
13
Swarthmore College
1,712
$1,593,734
−0 %
14
Grinnell College
1,750
$1,526,198
+5 %
15
Austin Presbyterian Theological Seminary
110
$1,445,756
+7 %
16
University of Notre Dame
12,785
$1,399,873
+8 %
17
Bowdoin College
1,847
$1,397,968
+10 %
18
Wellesley College
2,362
$1,272,249
+16 %
19
Dartmouth College
6,700
$1,234,823
+5 %
20
Principia College
838
$1,141,078
+10 %
21
Berea College
1,487
$1,108,849
+4 %
22
Medical College of Wisconsin
1,656
$1,085,649
+9 %
23
Smith College
2,495
$1,027,705
+18 %

References

  1. "Historic Endowment Study Data"
    https://www.nacubo.org/Research/2024/Historic-Endowment-Study-Data
  2. "Number of Respondents to the 2024 NACUBO-Commonfund Study of Endowments, and Total Endowment Market Values, by Endowment Size and Institution Type"
    https://edge.sitecorecloud.io/nacubo1-nacubo-prd-dc8b/media/Nacubo/Documents/EndowmentFiles/2024-NCSE-Public-Tables--Number-of-NCSE-Participants-FINAL.pdf
  3. "U . and Canadian 2024 NCSE Participating Institutions Listed by Fiscal Year 2024 Endowment Market Value, Change in Market Value from FY23 to FY24, and FY24 Endowment Market Values Per Full-time Equivalent Student"
    https://edge.sitecorecloud.io/nacubo1-nacubo-prd-dc8b/media/Nacubo/Documents/EndowmentFiles/2024-NCSE-Endowment-Market-Values-for-US-and-Canadian-Institutions-FINAL-Feb-12-2025.xlsx
  4. Personality and Social Psychology Bulletin
    https://doi.org/10.1177%2F01461672221083766
  5. The Tax Policy Briefing Book
    https://taxpolicycenter.org/briefing-book/what-tax-treatment-college-and-university-endowments
  6. Inside Higher Ed
    https://www.insidehighered.com/news/2020/02/18/wealthiest-universities-are-paying-big-endowment-tax-bills-how-much-are-others-who
  7. The Harvard Crimson
    https://www.thecrimson.com/article/2018/2/20/editorial-end-endowment-tax/
  8. Inside Higher Ed
    https://www.insidehighered.com/views/2018/01/16/tax-college-endowment-unconstitutionally-targets-institutions-opinion
  9. The Harvard Gazette
    https://news.harvard.edu/gazette/story/2017/12/harvard-president-voices-concern-after-endowment-tax-passes/
  10. Inside Higher Ed
    https://www.insidehighered.com/news/2018/04/23/private-colleges-look-repeal-endowment-tax
  11. "Ivy League Universities Push for Special Tax Cut"
    https://theintercept.com/2022/07/25/harvard-university-endowment-tax-cut/
  12. Congress
    https://www.congress.gov/bill/115th-congress/house-bill/5220
  13. Congress
    https://www.congress.gov/bill/116th-congress/house-bill/4438
  14. Congress
    https://www.congress.gov/bill/117th-congress/house-bill/2832
  15. Public NCSE Tables 2025
    https://www.nacubo.org/Research/2025/Public-NCSE-Tables
  16. National Center for Education Statistics
    https://nces.ed.gov/fastfacts/display.asp?id=76
  17. NACUBO
    https://www.nacubo.org/News/2025/7/Major-Reconciliation-Bill-Becomes-Law-With-New-Policies-and-Taxes-for-Higher-Education
  18. "U . and Canadian 2023 NCSE Participating Institutions Listed by Fiscal Year 2023 Endowment Market Value, Change in Market Value from FY22 to FY23, and FY23 Endowment Market Values Per Full-time Equivalent Student"
    https://edge.sitecorecloud.io/nacubo1-nacubo-prd-dc8b/media/Nacubo/Documents/EndowmentFiles/2023-NCSE-Endowment-Market-Values-FINAL.xlsx
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