2013 Endowment numbers released

College Search & Selection
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<p>The 2013 NACUBO-Commonfund Study of Endowments (NCSE) preliminary numbers were released last month.</p>

<p>The top 20 endowment funds:</p>

<p>Rank Institution 2013 Endowment Funds ($000s) Change in Market Value (%)
1 Harvard University 32334293 6.2
2 Yale University 20780000 7.4
3 University of Texas System 20448313 12.0
4 Stanford University 18688868 9.7
5 Princeton University 18200433 7.4
6 Massachusetts Institute of Technology 11005932 6.8
7 Texas A&M University System and Foundations 8732010 14.3
8 University of Michigan 8382311 9.0
9 Columbia University 8197880 7.1
10 Northwestern University 7883323 10.7
11 University of Pennsylvania 7741396 14.6
12 University of Notre Dame 6856301 8.3
13 University of Chicago 6668974 1.5
14 University of California 6377379 7.0
15 Duke University 6040973 8.7
16 Emory University 5816046 6.5
17 Washington University in St. Louis 5651860 8.1
18 Cornell University 5272228 6.6
19 University of Virginia 5166660 7.9
20 Rice University 4836728 9.5</p>

<p>source:
<a href="http://www.nacubo.org/Research/NACUBO-Commonfund_Study_of_Endowments/Public_NCSE_Tables.html"&gt;http://www.nacubo.org/Research/NACUBO-Commonfund_Study_of_Endowments/Public_NCSE_Tables.html&lt;/a&gt;&lt;/p>

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<p>Many public universities had sizable changes in market value relative to 2012. In addition to the public institutions already listed in the top 20, the following publics were in the top 40: </p>

<p>Rank Institution 2013 Endowment Funds ($000s) Change in Market Value (%)
24 Ohio State University 3149169 33.1
26 University of Pittsburgh 2975896 13.7
27 Pennsylvania State University 2956803 66.1
29 University of Minnesota & Foundations 2757476 21.4
31 University of North Carolina at Chapel Hill & Foundations 2381151 9.3
32 University of Washington 2346693 11.1
33 Purdue University 2182171 13.8
35 University of Wisconsin Foundation 2020019 11.5
37 University of Illinois & Foundation 1925949 16.8</p>

<p>Penn State’s 66% change was attributed to a reclassification of quasi-endowment funds. Ohio State’s 33% change wasn’t attributed to any restatements, so it was all the more impressive.</p>

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<p>Do you have the numbers for the PPE rather than just the total endowment?</p>

4

<p>^ The NACUBO FAQ page includes the following statement:

<a href=“http://www.nacubo.org/Research/NACUBO-Commonfund_Study_of_Endowments/NCSE_Frequently_Asked_Questions.html”>Page not Found;

<p>It’s easy enough (though tedious) to calculate the endowment per student, but too bad it apparently isn’t included in any of the public pages. </p>

5

<p>UC system and individual campus foundation endowments are compiled here:
<a href=“http://www.ucop.edu/investment-office/_files/report/UC_Annual_Endowment_Report_FY2012-2013.pdf”>http://www.ucop.edu/investment-office/_files/report/UC_Annual_Endowment_Report_FY2012-2013.pdf&lt;/a&gt;&lt;/p&gt;

<p>2013 Numbers:</p>

<p>Berkeley + UCSF = $5,048,384,000
Berkeley = $3,330,552,000
UCLA = $2,810,319,000
UCSF = $1,717,832,000
Davis = $790,060,000
San Diego = $642,605,000
Irvine = $323,608,000
Santa Barbara = $226,034,000
Riverside = $148,777,000
Santa Cruz = $125,246,000
Merced = $30,009,000</p>

<p>UC System = $1,081,590,000</p>

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<p>The figures from the UC system do not include individual campus’?</p>

7

<p>The UC System figure of $1B says it’s for “Systemwide Programs and Administration”.</p>

<p>UC’s state approrpriations are budgeted to increase 5% in the 2014-2015 fiscal year and 4% in 2015 and 2016. </p>

8

<p>Any reason the list doesn’t include WARF (Wisconsin Alumni Research Foundation, <a href=“http://www.warf.org/”>A look in Wisconsin’s regenerative medicine excellence at the 2018 Regenerative Medicine Innovation Awards - WARF, in the Wisconsin total? That would add another 2b or so.</p>

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<p>WARF is considered too independent and not part of the NACUBO data. Also UW Madison owns bout 90% of UWSystem’s $400 Million. Also a few other small funds floating around.</p>

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<p>Schools with endowment per student larger than 500K, based off this list and current student enrollment:</p>

<p>Princeton: 2,272,214
Yale: 1,771,224
Harvard: 1,539,728
Pomona: 1,196,914
Stanford: 1,177,103
Olin: 1,109,114
Swarthmore: 1,058,048
Amherst: 1,021,708
MIT: 1,010,275
Williams: 973,197
Grinnell: 917,678
Caltech: 829,171
Rice: 761,330
Washington and Lee: 747,420
Cooper Union: 728,113
Wellesley: 703,291
Berea: 668,693
Dartmouth: 607,682
Smith: 599,010
Norte Dame: 584,360
Bowdoin: 564,785</p>

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<p>Thanks for sharing, JWT86!! I believe Ohio State now has the 3rd largest endowment in the Big Ten Conference based on the above report!! Go Bucks!! :p</p>