An endowment is the total value of a school's investments, donations, and assets. They are collected through donations made to a school. An endowment does not necessarily indicate the quality of a school, but is an indicator of how much money a college can afford to invest in programs, facilities and resources to benefit the school and its students. Here is a list of the top 20 schools with the biggest endowments.
Stanford has an endowment of $37.8 billion. Stanford's endowment is used to support the university's focus on education, research, affordability, inclusion, and outreach.
Vanderbilt focuses on using their endowment to provide as much support for students, faculty, and programs as possible. This means spending a significant portion of their endowment funds on scholarships, grants, and other forms of financial aid. Vanderbilt has an endowment of 6.9 billion.
Ohio State uses its endowment funds to further the school’s mission of education, research, knowledge creation, and community service. Ohio State has an endowment of 5.2 billion.
Brown’s endowment funds are used to provide significant financial aid, support research and labs, academic programs, and more. Brown has an endowment of 4.7 billion.
Harvard primarily uses its endowment on financial aid and in 2021 the university used $597 million for financial aid and scholarships. Harvard has an endowment total of 41.9 billion.
Yale uses its endowment to fund student scholarships, provide faculty salaries, and other expenses. Yale’s endowment is 31.1 Billion.
Princeton’s endowment is used to fund programs and research to benefit students and faculty. This includes financial aid, award winning research, research libraries, and more. Princeton has an endowment of 25.9 Billion.
MIT primarily uses its endowment to support research done by students and faculty by providing resources that ensure the most cutting-edge research can be achieved. MIT’s endowment is 18.3 billion.
Notre Dame prioritizes the use of its endowment to fund scholarships and fellowships as well as to provide academic, religious and student programs. It also uses endowment funds to support faculty chairs, libraries, athletics, and general operations. Notre Dame has an endowment of 14.9 billion.
University of Pennsylvania uses its endowment to fund instruction, health care, student aid, and research. University of Pennsylvania’s endowment is 14.8 billion.
Texas A&M University has an endowment of 13.59 billion.
University of Michigan’s endowment is a collection of over 12,000 individual funds that are used to keep the university affordable by providing substantial financial assistance for students, fund academic programs, research, and other activities. University of Michigan’s endowment is 12.3 billion.
Columbia uses its endowment funds on supporting students through financial aid including scholarships, research, faculty, and more. Columbia University’s endowment is 11.2 billion.
Emory University has an endowment of 9.1 billion.
Washington University in St. Louis uses their endowment for faculty and staff salaries, financial aid, research, special programs, and more. Washington University in St. Louis has an endowment of 8.5 billion.
In 2021, University of Chicago had its highest rate of return on their endowment since 2000. The university uses its endowment to support students, faculty, provide financial aid support, and more. University of Chicago’s endowment is 8.2 billion.
40% of Rice’s operating budget comes from endowments. Rice university has an endowment of 6.3 billion.
Johns Hopkins University has an endowment of 6.3 billion.
In coordination with the school’s commitment to meet 100% of demonstrated financial need, Dartmouth uses a large portion of its endowment on financial aid programs including scholarships. Dartmouth has an endowment of 5.98 billion.
USC’s endowment funds help support long-term growth of programs that will help students, programs, and activities. USC has an endowment of 5.7 billion.
The University of Texas at Austin has an endowment of 4.7 billion.
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