Endowment news

Colleges and Universities A-Z University of Michigan
1

<p>It is still early and all thefigures have not come out yet, but it would seem that Michigan’s endowment has, once again, outgained that of most other top 20 universities. 20 years ago, Michigan’s endowment was not even ranked among the top 25. Today, it sits firmly among the top 10. Last year, Michigan’s endowment was 7th, right behind Columbia. Columbia’s 2008 figures have not been released yet, but if it follows in the footsteps of its Ivy bretheren, its endowment should expand by less than 10%, making Michigan the 6th wealthiest university in the land. 20 years ago, Michigan’s endowment per student was roughly 1/10 that of its private peers. Today, it is roughly 1/2 to 2/3 of that of its private peers. Of course, given economies of scale and state funding, the financials of public institutions work differently from those of private institutions.</p>

<li>Harvard University, $36.9 Billion (6% increase)</li>
<li>Yale University $22.9 Billion (4% increase)</li>
<li>Stanford University, new data not yet released</li>
<li>Princeton University, $17 Billion (8% increase)</li>
<li>Massachusetts Institute of technology, $10 Billion (no change)</li>
<li>Columbia University, new data not yet released</li>
<li>University of Michigan-Ann Arbor, $7.8 Billion (10% increase)</li>
<li>Northwestern University, $7.25 Billion (11.5% increase)</li>
<li>University of Chicago, $6.5 Billion (5% increase)</li>
<li>University of Notre Dame, $6.5 Billion (10% increase)</li>
<li>University of Pennsylvania, $6.2 Billion (5% decline)</li>
<li>Duke University, $6.1 Billion (3% increase)</li>
<li>Washington University, new data not yet released</li>
<li>Emory University, new data not yet released</li>
<li>Cornell University, $6 Billion (9% increase)</li>
<li>University of Texas-Austin, new data not yet released</li>
<li>University of Virginia, $5.1 Billion (16% increase)</li>
<li>Rice University, new data not yet released</li>
<li>Dartmouth College, new data not yet released</li>
<li>University of Southern California, new data not yet released</li>
</ol>

2

<p>What does the "endowment" specifically include?</p>

3

<p>Blackpen, below are two links that may answer your question.</p>

<p>College</a> and university endowments in the United States - Wikipedia, the free encyclopedia</p>

<p>How</a> do university endowments work?</p>

4

<p>BTW - it seems the nebulous University of Texas-Austin campus endowment has been clarified in recent reports as $7.2 Billion - consisting of its $4.2B share of the UT System endowment + $3.0B in UT-Austin private endowments.</p>

<p><a href="http://www.utexas.edu/tuition/tpac/docs/2007_TPAC_tuition_q_and_a.pdf%5B/url%5D"&gt;http://www.utexas.edu/tuition/tpac/docs/2007_TPAC_tuition_q_and_a.pdf&lt;/a&gt;&lt;/p>