University Endowments

%24 %24 Deçnis'ant UNDERSTANDING UNIVERSITY ENDOWMENTS A financial endowment is a transfer of money or property donated to an institution. The total value of an institution's investments is often referred to as the institution's endowment and is typically organized as a public charity, private foundation, or trust. Among the institutions that commonly manage an endowment are: academic institutions, cultural institutions and religious establishments. A financial endowment is typically overseen by a board of trustees and is managed by a trustee or team of professional managers. It is typically designed to achieve the stated objectives of the endowment, FINANCIAL OPERATION At universities, typically 4-6% of the endowment's assets are spent every year to fund operations or capital spending. Any excess earnings are typically reinvested to augment the endowment and to compensate for inflation and recessions in future years without diminishing the principal amount of the endowment fund. $ 9 $ The Financial crisis of 2007-2010 had a major impact on the entire range of endowments globally. Most notably, large U.S. based college and university endowments, which had posted large, highly publicized gains in the 1990s and 2000s, faced significant losses of principal across a range of investments. STANFORD UNIVERSITY Yale UNIVERSITY HARVARD • HARVARD UNIVERSITY Which held $37 billion in its endowment fund on June 30, 2008, was reduced to $26 billion during the following year. • STANFORD UNIVERSITY The nation's third-wealthiest university, YALE UNIVERSITY The pioneer of an approach that involved investing heavily in alternative investments such as real estate and had its endowment reduced from about $17 billion to $12 billion as of September 2009 as a result of the private equity, reported an endowment of $16 billion as of September 2009, a 30% annualized loss. economic crisis. A LOOK AT UNIVERSITY ENDOWMENT NUMBERS Top 25 schools with the largest endowments: Harvard University 25.662 Yale University 16.327 Stanford University 12.619 Princeton University 12.614 Endowment 2009 All data in Billions USD University of Texas System 12.163 Massachusetts Institute of Technology 7.982 University of Michigan | 6.001 Columbia University 5.893 University of Chicago 5.578 Northwestern University 5.445 University of Pennsylvania 5.171 Texas A&M University System 5.084 University of California System 4.937 University of Notre Dame 4.795 Duke University 4.441 Emory University 4.328 Washington University in St. Louis 4.081 Cornell University 3.966 Rice University 3.613 University of Virginia 3.577 Vanderbilt University 2.834 Dartmouth College 2.825 University of Southern California" 2.671 New York University 2.094 University of Minnesota 2.073 Top 25 endowment per student: Princeton University $1,900,000 Bryn Athyn College $1,770,994 Yale University $1,751,927 Rice University $1,557,600 Harvard University $1,456,940 Franklin W. Olin College of Engineering $1,412,147 All data in USD Grinnell College $1,076,056 Stanford University $946,944 California Institute of Technology $945,140 Pomona College $942,530 Swarthmore College $841,000 Amherst College $820,846 Massachusetts Institute of Technology $816,161 Baylor College $790,002 williams College Ss $783,000 Dartmouth College $614,035 Wellesley College $603,969 Wabash College $485,882 University of Notre Dame $481,738 Hamilton College $435,032 Norfolk State University $421,167 Northwestern University $418,202 Smith College $405,737 Bowdoin College $404,955 Top institutions by growth of avg. yearly endowment 34,634,906 Harvard University 3,435,013 22,530,200 Yale University 1,739,460 17,164,836 Stanford University 1,502,583 15,787,200 Princeton University 1,934,010 15,613,672 University of Texas 2,530,730 Yearly Endowment in 2007 Massachusetts Institute of Technology 9,980,410 Yearly Endowment in 1986 971,346 7,089,830 University of Michigan 251,517 6,635,187 University of Pennsylvania 540,084 6,590,300 Texas A&M System 1,110,440 6,503,292 Northwestern University 709,236 6,204,189 University of Chicago 802,500 5,976,973 University of Notre Dame 388,965 5,910,280 Duke University 362,706 5,567,843 Washington University 958,461 5,561,743 Emory University 745,188 5,424,733 Cornell University 673,848 4,669,544 Rice Univeristy 755,782 4,370,209 University of Virginia 340,387 3,760,234 Dartmouth College 477,774 University of Southern California 3,715,272 361,784 3,487,500 Vanderbilt University 446,458 2,800,377 Johns Hopkins 491,543 Case Western Reserve 1,841,234 307,250 GDP VS. UNIVERSITY ENDOWMENTS According with the list by the World Bank, 2009. HARVARD UNIVERSITY 9 OF THE LOWEST ENDOWMENT GDP COUNTRIES PUT TOGETHER $ 25.66 Billion O VS. $ 25.24 Billion Saint Kitts and Nevis, Kiribati „Marshall Islands, Palau, São Tomé and Principe, Federated States of Micronesia, Tonga, Dominica and Samoa. YALE UNIVERSITY BOLIVIA VS. $ 16.327 Billion $ 17 BILLION STANFORD UNIVERSITY JAMAICA Vs. $ 12.619 Billion $ 14 BILLION PRINCETON UNIVERSITY NEPAL $ 12.614 Billion Vs. $ 12 BILLION Sources: 1. http://en.wikipedia.org/wiki/Financial_endowment 2. http://en.wikipedia.org/wiki/List_of_colleges_and_universities_in_the_United_States_by_endowment 3. http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28nominal%29 %24 %24 UNDERSTANDING UNIVERSITY ENDOWMENTS A financial endowment is a transfer of money or property donated to an institution. The total value of an institution's investments is often referred to as the institution's endowment and is typically organized as a public charity, private foundation, or trust. Among the institutions that commonly manage an endowment are: academic institutions, cultural institutions and religious establishments. A financial endowment is typically overseen by a board of trustees and is managed by a trustee or team of professional managers. It is typically designed to achieve the stated objectives of the endowment, FINANCIAL OPERATION At universities, typically 4-6% of the endowment's assets are spent every year to fund operations or capital spending. Any excess earnings are typically reinvested to augment the endowment and to compensate for inflation and recessions in future years without diminishing the principal amount of the endowment fund. $ 9 $ The Financial crisis of 2007-2010 had a major impact on the entire range of endowments globally. Most notably, large U.S. based college and university endowments, which had posted large, highly publicized gains in the 1990s and 2000s, faced significant losses of principal across a range of investments. STANFORD VE RO UNIVERSITY Yale UNIVERSITY HARVARD • HARVARD UNIVERSITY Which held $37 billion in its endowment fund on June 30, 2008, was reduced to $26 billion during the following year. • STANFORD UNIVERSITY The nation's third-wealthiest university, YALE UNIVERSITY The pioneer of an approach that involved investing heavily in alternative investments such as real estate and had its endowment reduced from about $17 billion to $12 billion as of September 2009 as a result of the private equity, reported an endowment of $16 billion as of September 2009, a 30% annualized loss. economic crisis. A LOOK AT UNIVERSITY ENDOWMENT NUMBERS Top 25 schools with the largest endowments: Harvard University 25.662 Yale University 16.327 Stanford University 12.619 Princeton University 12.614 Endowment 2009 All data in Billions USD University of Texas System 12.163 Massachusetts Institute of Technology 7.982 University of Michigan | 6.001 Columbia University 5.893 University of Chicago 5.578 Northwestern University 5.445 University of Pennsylvania 5.171 Texas A&M University System 5.084 University of California System 4.937 University of Notre Dame 4.795 Duke University 4.441 Emory University 4.328 Washington University in St. Louis 4.081 Cornell University 3.966 Rice University 3.613 University of Virginia 3.577 Vanderbilt University 2.834 Dartmouth College 2.825 University of Southern California" 2.671 New York University 2.094 University of Minnesota 2.073 Top 25 endowment per student: Princeton University $1,900,000 Bryn Athyn College $1,770,994 Yale University $1,751,927 Rice University $1,557,600 Harvard University $1,456,940 Franklin W. Olin College of Engineering $1,412,147 All data in USD Grinnell College $1,076,056 Stanford University $946,944 California Institute of Technology $945,140 Pomona College $942,530 Swarthmore College $841,000 Amherst College $820,846 Massachusetts Institute of Technology $816,161 Baylor College $790,002 williams College $783,000 Dartmouth College $614,035 Wellesley College $603,969 Wabash College $485,882 University of Notre Dame $481,738 Hamilton College $435,032 Norfolk State University $421,167 Northwestern University $418,202 Smith College $405,737 Bowdoin College $404,955 Top institutions by growth of avg. yearly endowment 34,634,906 Harvard University 3,435,013 22,530,200 Yale University 1,739,460 17,164,836 Stanford University 1,502,583 15,787,200 Princeton University 1,934,010 15,613,672 University of Texas 2,530,730 Yearly Endowment in 2007 Massachusetts Institute of Technology 9,980,410 Yearly Endowment in 1986 971,346 7,089,830 University of Michigan 251,517 6,635,187 University of Pennsylvania 540,084 6,590,300 Texas A&M System 1,110,440 6,503,292 Northwestern University 709,236 6,204,189 University of Chicago 802,500 5,976,973 University of Notre Dame 388,965 5,910,280 Duke University 362,706 5,567,843 Washington University 958,461 5,561,743 Emory University 745,188 5,424,733 Cornell University 673,848 4,669,544 Rice Univeristy 755,782 4,370,209 University of Virginia 340,387 3,760,234 Dartmouth College 477,774 University of Southern California 3,715,272 361,784 3,487,500 Vanderbilt University 446,458 2,800,377 Johns Hopkins 491,543 Case Western Reserve 1,841,234 307,250 GDP VS. UNIVERSITY ENDOWMENTS According with the list by the World Bank, 2009. HARVARD UNIVERSITY 9 OF THE LOWEST ENDOWMENT GDP COUNTRIES PUT TOGETHER $ 25.66 Billion O VS. $ 25.24 Billion Saint Kitts and Nevis, Kiribati „Marshall Islands, Palau, São Tomé and Principe, Federated States of Micronesia, Tonga, Dominica and Samoa. YALE UNIVERSITY BOLIVIA VS. $ 16.327 Billion $ 17 BILLION STANFORD UNIVERSITY JAMAICA Vs. $ 12.619 Billion $ 14 BILLION PRINCETON UNIVERSITY NEPAL $ 12.614 Billion Vs. $ 12 BILLION Sources: 1. http://en.wikipedia.org/wiki/Financial_endowment 2. http://en.wikipedia.org/wiki/List_of_colleges_and_universities_in_the_United_States_by_endowment 3. http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28nominal%29 %24 %24 UNDERSTANDING UNIVERSITY ENDOWMENTS A financial endowment is a transfer of money or property donated to an institution. The total value of an institution's investments is often referred to as the institution's endowment and is typically organized as a public charity, private foundation, or trust. Among the institutions that commonly manage an endowment are: academic institutions, cultural institutions and religious establishments. A financial endowment is typically overseen by a board of trustees and is managed by a trustee or team of professional managers. It is typically designed to achieve the stated objectives of the endowment, FINANCIAL OPERATION At universities, typically 4-6% of the endowment's assets are spent every year to fund operations or capital spending. Any excess earnings are typically reinvested to augment the endowment and to compensate for inflation and recessions in future years without diminishing the principal amount of the endowment fund. $ 9 $ The Financial crisis of 2007-2010 had a major impact on the entire range of endowments globally. Most notably, large U.S. based college and university endowments, which had posted large, highly publicized gains in the 1990s and 2000s, faced significant losses of principal across a range of investments. STANFORD VE RO UNIVERSITY Yale UNIVERSITY HARVARD • HARVARD UNIVERSITY Which held $37 billion in its endowment fund on June 30, 2008, was reduced to $26 billion during the following year. • STANFORD UNIVERSITY The nation's third-wealthiest university, YALE UNIVERSITY The pioneer of an approach that involved investing heavily in alternative investments such as real estate and had its endowment reduced from about $17 billion to $12 billion as of September 2009 as a result of the private equity, reported an endowment of $16 billion as of September 2009, a 30% annualized loss. economic crisis. A LOOK AT UNIVERSITY ENDOWMENT NUMBERS Top 25 schools with the largest endowments: Harvard University 25.662 Yale University 16.327 Stanford University 12.619 Princeton University 12.614 Endowment 2009 All data in Billions USD University of Texas System 12.163 Massachusetts Institute of Technology 7.982 University of Michigan | 6.001 Columbia University 5.893 University of Chicago 5.578 Northwestern University 5.445 University of Pennsylvania 5.171 Texas A&M University System 5.084 University of California System 4.937 University of Notre Dame 4.795 Duke University 4.441 Emory University 4.328 Washington University in St. Louis 4.081 Cornell University 3.966 Rice University 3.613 University of Virginia 3.577 Vanderbilt University 2.834 Dartmouth College 2.825 University of Southern California" 2.671 New York University 2.094 University of Minnesota 2.073 Top 25 endowment per student: Princeton University $1,900,000 Bryn Athyn College $1,770,994 Yale University $1,751,927 Rice University $1,557,600 Harvard University $1,456,940 Franklin W. Olin College of Engineering $1,412,147 All data in USD Grinnell College $1,076,056 Stanford University $946,944 California Institute of Technology $945,140 Pomona College $942,530 Swarthmore College $841,000 Amherst College $820,846 Massachusetts Institute of Technology $816,161 Baylor College $790,002 williams College $783,000 Dartmouth College $614,035 Wellesley College $603,969 Wabash College $485,882 University of Notre Dame $481,738 Hamilton College $435,032 Norfolk State University $421,167 Northwestern University $418,202 Smith College $405,737 Bowdoin College $404,955 Top institutions by growth of avg. yearly endowment 34,634,906 Harvard University 3,435,013 22,530,200 Yale University 1,739,460 17,164,836 Stanford University 1,502,583 15,787,200 Princeton University 1,934,010 15,613,672 University of Texas 2,530,730 Yearly Endowment in 2007 Massachusetts Institute of Technology 9,980,410 Yearly Endowment in 1986 971,346 7,089,830 University of Michigan 251,517 6,635,187 University of Pennsylvania 540,084 6,590,300 Texas A&M System 1,110,440 6,503,292 Northwestern University 709,236 6,204,189 University of Chicago 802,500 5,976,973 University of Notre Dame 388,965 5,910,280 Duke University 362,706 5,567,843 Washington University 958,461 5,561,743 Emory University 745,188 5,424,733 Cornell University 673,848 4,669,544 Rice Univeristy 755,782 4,370,209 University of Virginia 340,387 3,760,234 Dartmouth College 477,774 University of Southern California 3,715,272 361,784 3,487,500 Vanderbilt University 446,458 2,800,377 Johns Hopkins 491,543 Case Western Reserve 1,841,234 307,250 GDP VS. UNIVERSITY ENDOWMENTS According with the list by the World Bank, 2009. HARVARD UNIVERSITY 9 OF THE LOWEST ENDOWMENT GDP COUNTRIES PUT TOGETHER $ 25.66 Billion O VS. $ 25.24 Billion Saint Kitts and Nevis, Kiribati „Marshall Islands, Palau, São Tomé and Principe, Federated States of Micronesia, Tonga, Dominica and Samoa. YALE UNIVERSITY BOLIVIA VS. $ 16.327 Billion $ 17 BILLION STANFORD UNIVERSITY JAMAICA Vs. $ 12.619 Billion $ 14 BILLION PRINCETON UNIVERSITY NEPAL $ 12.614 Billion Vs. $ 12 BILLION Sources: 1. http://en.wikipedia.org/wiki/Financial_endowment 2. http://en.wikipedia.org/wiki/List_of_colleges_and_universities_in_the_United_States_by_endowment 3. http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28nominal%29 %24 %24 UNDERSTANDING UNIVERSITY ENDOWMENTS A financial endowment is a transfer of money or property donated to an institution. The total value of an institution's investments is often referred to as the institution's endowment and is typically organized as a public charity, private foundation, or trust. Among the institutions that commonly manage an endowment are: academic institutions, cultural institutions and religious establishments. A financial endowment is typically overseen by a board of trustees and is managed by a trustee or team of professional managers. It is typically designed to achieve the stated objectives of the endowment, FINANCIAL OPERATION At universities, typically 4-6% of the endowment's assets are spent every year to fund operations or capital spending. Any excess earnings are typically reinvested to augment the endowment and to compensate for inflation and recessions in future years without diminishing the principal amount of the endowment fund. $ 9 $ The Financial crisis of 2007-2010 had a major impact on the entire range of endowments globally. Most notably, large U.S. based college and university endowments, which had posted large, highly publicized gains in the 1990s and 2000s, faced significant losses of principal across a range of investments. STANFORD VE RO UNIVERSITY Yale UNIVERSITY HARVARD • HARVARD UNIVERSITY Which held $37 billion in its endowment fund on June 30, 2008, was reduced to $26 billion during the following year. • STANFORD UNIVERSITY The nation's third-wealthiest university, YALE UNIVERSITY The pioneer of an approach that involved investing heavily in alternative investments such as real estate and had its endowment reduced from about $17 billion to $12 billion as of September 2009 as a result of the private equity, reported an endowment of $16 billion as of September 2009, a 30% annualized loss. economic crisis. A LOOK AT UNIVERSITY ENDOWMENT NUMBERS Top 25 schools with the largest endowments: Harvard University 25.662 Yale University 16.327 Stanford University 12.619 Princeton University 12.614 Endowment 2009 All data in Billions USD University of Texas System 12.163 Massachusetts Institute of Technology 7.982 University of Michigan | 6.001 Columbia University 5.893 University of Chicago 5.578 Northwestern University 5.445 University of Pennsylvania 5.171 Texas A&M University System 5.084 University of California System 4.937 University of Notre Dame 4.795 Duke University 4.441 Emory University 4.328 Washington University in St. Louis 4.081 Cornell University 3.966 Rice University 3.613 University of Virginia 3.577 Vanderbilt University 2.834 Dartmouth College 2.825 University of Southern California" 2.671 New York University 2.094 University of Minnesota 2.073 Top 25 endowment per student: Princeton University $1,900,000 Bryn Athyn College $1,770,994 Yale University $1,751,927 Rice University $1,557,600 Harvard University $1,456,940 Franklin W. Olin College of Engineering $1,412,147 All data in USD Grinnell College $1,076,056 Stanford University $946,944 California Institute of Technology $945,140 Pomona College $942,530 Swarthmore College $841,000 Amherst College $820,846 Massachusetts Institute of Technology $816,161 Baylor College $790,002 williams College $783,000 Dartmouth College $614,035 Wellesley College $603,969 Wabash College $485,882 University of Notre Dame $481,738 Hamilton College $435,032 Norfolk State University $421,167 Northwestern University $418,202 Smith College $405,737 Bowdoin College $404,955 Top institutions by growth of avg. yearly endowment 34,634,906 Harvard University 3,435,013 22,530,200 Yale University 1,739,460 17,164,836 Stanford University 1,502,583 15,787,200 Princeton University 1,934,010 15,613,672 University of Texas 2,530,730 Yearly Endowment in 2007 Massachusetts Institute of Technology 9,980,410 Yearly Endowment in 1986 971,346 7,089,830 University of Michigan 251,517 6,635,187 University of Pennsylvania 540,084 6,590,300 Texas A&M System 1,110,440 6,503,292 Northwestern University 709,236 6,204,189 University of Chicago 802,500 5,976,973 University of Notre Dame 388,965 5,910,280 Duke University 362,706 5,567,843 Washington University 958,461 5,561,743 Emory University 745,188 5,424,733 Cornell University 673,848 4,669,544 Rice Univeristy 755,782 4,370,209 University of Virginia 340,387 3,760,234 Dartmouth College 477,774 University of Southern California 3,715,272 361,784 3,487,500 Vanderbilt University 446,458 2,800,377 Johns Hopkins 491,543 Case Western Reserve 1,841,234 307,250 GDP VS. UNIVERSITY ENDOWMENTS According with the list by the World Bank, 2009. HARVARD UNIVERSITY 9 OF THE LOWEST ENDOWMENT GDP COUNTRIES PUT TOGETHER $ 25.66 Billion O VS. $ 25.24 Billion Saint Kitts and Nevis, Kiribati „Marshall Islands, Palau, São Tomé and Principe, Federated States of Micronesia, Tonga, Dominica and Samoa. YALE UNIVERSITY BOLIVIA VS. $ 16.327 Billion $ 17 BILLION STANFORD UNIVERSITY JAMAICA Vs. $ 12.619 Billion $ 14 BILLION PRINCETON UNIVERSITY NEPAL $ 12.614 Billion Vs. $ 12 BILLION Sources: 1. http://en.wikipedia.org/wiki/Financial_endowment 2. http://en.wikipedia.org/wiki/List_of_colleges_and_universities_in_the_United_States_by_endowment 3. http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28nominal%29 %24 %24 UNDERSTANDING UNIVERSITY ENDOWMENTS A financial endowment is a transfer of money or property donated to an institution. The total value of an institution's investments is often referred to as the institution's endowment and is typically organized as a public charity, private foundation, or trust. Among the institutions that commonly manage an endowment are: academic institutions, cultural institutions and religious establishments. A financial endowment is typically overseen by a board of trustees and is managed by a trustee or team of professional managers. It is typically designed to achieve the stated objectives of the endowment, FINANCIAL OPERATION At universities, typically 4-6% of the endowment's assets are spent every year to fund operations or capital spending. Any excess earnings are typically reinvested to augment the endowment and to compensate for inflation and recessions in future years without diminishing the principal amount of the endowment fund. $ 9 $ The Financial crisis of 2007-2010 had a major impact on the entire range of endowments globally. Most notably, large U.S. based college and university endowments, which had posted large, highly publicized gains in the 1990s and 2000s, faced significant losses of principal across a range of investments. STANFORD VE RO UNIVERSITY Yale UNIVERSITY HARVARD • HARVARD UNIVERSITY Which held $37 billion in its endowment fund on June 30, 2008, was reduced to $26 billion during the following year. • STANFORD UNIVERSITY The nation's third-wealthiest university, YALE UNIVERSITY The pioneer of an approach that involved investing heavily in alternative investments such as real estate and had its endowment reduced from about $17 billion to $12 billion as of September 2009 as a result of the private equity, reported an endowment of $16 billion as of September 2009, a 30% annualized loss. economic crisis. A LOOK AT UNIVERSITY ENDOWMENT NUMBERS Top 25 schools with the largest endowments: Harvard University 25.662 Yale University 16.327 Stanford University 12.619 Princeton University 12.614 Endowment 2009 All data in Billions USD University of Texas System 12.163 Massachusetts Institute of Technology 7.982 University of Michigan | 6.001 Columbia University 5.893 University of Chicago 5.578 Northwestern University 5.445 University of Pennsylvania 5.171 Texas A&M University System 5.084 University of California System 4.937 University of Notre Dame 4.795 Duke University 4.441 Emory University 4.328 Washington University in St. Louis 4.081 Cornell University 3.966 Rice University 3.613 University of Virginia 3.577 Vanderbilt University 2.834 Dartmouth College 2.825 University of Southern California" 2.671 New York University 2.094 University of Minnesota 2.073 Top 25 endowment per student: Princeton University $1,900,000 Bryn Athyn College $1,770,994 Yale University $1,751,927 Rice University $1,557,600 Harvard University $1,456,940 Franklin W. Olin College of Engineering $1,412,147 All data in USD Grinnell College $1,076,056 Stanford University $946,944 California Institute of Technology $945,140 Pomona College $942,530 Swarthmore College $841,000 Amherst College $820,846 Massachusetts Institute of Technology $816,161 Baylor College $790,002 williams College $783,000 Dartmouth College $614,035 Wellesley College $603,969 Wabash College $485,882 University of Notre Dame $481,738 Hamilton College $435,032 Norfolk State University $421,167 Northwestern University $418,202 Smith College $405,737 Bowdoin College $404,955 Top institutions by growth of avg. yearly endowment 34,634,906 Harvard University 3,435,013 22,530,200 Yale University 1,739,460 17,164,836 Stanford University 1,502,583 15,787,200 Princeton University 1,934,010 15,613,672 University of Texas 2,530,730 Yearly Endowment in 2007 Massachusetts Institute of Technology 9,980,410 Yearly Endowment in 1986 971,346 7,089,830 University of Michigan 251,517 6,635,187 University of Pennsylvania 540,084 6,590,300 Texas A&M System 1,110,440 6,503,292 Northwestern University 709,236 6,204,189 University of Chicago 802,500 5,976,973 University of Notre Dame 388,965 5,910,280 Duke University 362,706 5,567,843 Washington University 958,461 5,561,743 Emory University 745,188 5,424,733 Cornell University 673,848 4,669,544 Rice Univeristy 755,782 4,370,209 University of Virginia 340,387 3,760,234 Dartmouth College 477,774 University of Southern California 3,715,272 361,784 3,487,500 Vanderbilt University 446,458 2,800,377 Johns Hopkins 491,543 Case Western Reserve 1,841,234 307,250 GDP VS. UNIVERSITY ENDOWMENTS According with the list by the World Bank, 2009. HARVARD UNIVERSITY 9 OF THE LOWEST ENDOWMENT GDP COUNTRIES PUT TOGETHER $ 25.66 Billion O VS. $ 25.24 Billion Saint Kitts and Nevis, Kiribati „Marshall Islands, Palau, São Tomé and Principe, Federated States of Micronesia, Tonga, Dominica and Samoa. YALE UNIVERSITY BOLIVIA VS. $ 16.327 Billion $ 17 BILLION STANFORD UNIVERSITY JAMAICA Vs. $ 12.619 Billion $ 14 BILLION PRINCETON UNIVERSITY NEPAL $ 12.614 Billion Vs. $ 12 BILLION Sources: 1. http://en.wikipedia.org/wiki/Financial_endowment 2. http://en.wikipedia.org/wiki/List_of_colleges_and_universities_in_the_United_States_by_endowment 3. http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28nominal%29 %24 %24 UNDERSTANDING UNIVERSITY ENDOWMENTS A financial endowment is a transfer of money or property donated to an institution. The total value of an institution's investments is often referred to as the institution's endowment and is typically organized as a public charity, private foundation, or trust. Among the institutions that commonly manage an endowment are: academic institutions, cultural institutions and religious establishments. A financial endowment is typically overseen by a board of trustees and is managed by a trustee or team of professional managers. It is typically designed to achieve the stated objectives of the endowment, FINANCIAL OPERATION At universities, typically 4-6% of the endowment's assets are spent every year to fund operations or capital spending. Any excess earnings are typically reinvested to augment the endowment and to compensate for inflation and recessions in future years without diminishing the principal amount of the endowment fund. $ 9 $ The Financial crisis of 2007-2010 had a major impact on the entire range of endowments globally. Most notably, large U.S. based college and university endowments, which had posted large, highly publicized gains in the 1990s and 2000s, faced significant losses of principal across a range of investments. STANFORD VE RO UNIVERSITY Yale UNIVERSITY HARVARD • HARVARD UNIVERSITY Which held $37 billion in its endowment fund on June 30, 2008, was reduced to $26 billion during the following year. • STANFORD UNIVERSITY The nation's third-wealthiest university, YALE UNIVERSITY The pioneer of an approach that involved investing heavily in alternative investments such as real estate and had its endowment reduced from about $17 billion to $12 billion as of September 2009 as a result of the private equity, reported an endowment of $16 billion as of September 2009, a 30% annualized loss. economic crisis. A LOOK AT UNIVERSITY ENDOWMENT NUMBERS Top 25 schools with the largest endowments: Harvard University 25.662 Yale University 16.327 Stanford University 12.619 Princeton University 12.614 Endowment 2009 All data in Billions USD University of Texas System 12.163 Massachusetts Institute of Technology 7.982 University of Michigan | 6.001 Columbia University 5.893 University of Chicago 5.578 Northwestern University 5.445 University of Pennsylvania 5.171 Texas A&M University System 5.084 University of California System 4.937 University of Notre Dame 4.795 Duke University 4.441 Emory University 4.328 Washington University in St. Louis 4.081 Cornell University 3.966 Rice University 3.613 University of Virginia 3.577 Vanderbilt University 2.834 Dartmouth College 2.825 University of Southern California" 2.671 New York University 2.094 University of Minnesota 2.073 Top 25 endowment per student: Princeton University $1,900,000 Bryn Athyn College $1,770,994 Yale University $1,751,927 Rice University $1,557,600 Harvard University $1,456,940 Franklin W. Olin College of Engineering $1,412,147 All data in USD Grinnell College $1,076,056 Stanford University $946,944 California Institute of Technology $945,140 Pomona College $942,530 Swarthmore College $841,000 Amherst College $820,846 Massachusetts Institute of Technology $816,161 Baylor College $790,002 williams College $783,000 Dartmouth College $614,035 Wellesley College $603,969 Wabash College $485,882 University of Notre Dame $481,738 Hamilton College $435,032 Norfolk State University $421,167 Northwestern University $418,202 Smith College $405,737 Bowdoin College $404,955 Top institutions by growth of avg. yearly endowment 34,634,906 Harvard University 3,435,013 22,530,200 Yale University 1,739,460 17,164,836 Stanford University 1,502,583 15,787,200 Princeton University 1,934,010 15,613,672 University of Texas 2,530,730 Yearly Endowment in 2007 Massachusetts Institute of Technology 9,980,410 Yearly Endowment in 1986 971,346 7,089,830 University of Michigan 251,517 6,635,187 University of Pennsylvania 540,084 6,590,300 Texas A&M System 1,110,440 6,503,292 Northwestern University 709,236 6,204,189 University of Chicago 802,500 5,976,973 University of Notre Dame 388,965 5,910,280 Duke University 362,706 5,567,843 Washington University 958,461 5,561,743 Emory University 745,188 5,424,733 Cornell University 673,848 4,669,544 Rice Univeristy 755,782 4,370,209 University of Virginia 340,387 3,760,234 Dartmouth College 477,774 University of Southern California 3,715,272 361,784 3,487,500 Vanderbilt University 446,458 2,800,377 Johns Hopkins 491,543 Case Western Reserve 1,841,234 307,250 GDP VS. UNIVERSITY ENDOWMENTS According with the list by the World Bank, 2009. HARVARD UNIVERSITY 9 OF THE LOWEST ENDOWMENT GDP COUNTRIES PUT TOGETHER $ 25.66 Billion O VS. $ 25.24 Billion Saint Kitts and Nevis, Kiribati „Marshall Islands, Palau, São Tomé and Principe, Federated States of Micronesia, Tonga, Dominica and Samoa. YALE UNIVERSITY BOLIVIA VS. $ 16.327 Billion $ 17 BILLION STANFORD UNIVERSITY JAMAICA Vs. $ 12.619 Billion $ 14 BILLION PRINCETON UNIVERSITY NEPAL $ 12.614 Billion Vs. $ 12 BILLION Sources: 1. http://en.wikipedia.org/wiki/Financial_endowment 2. http://en.wikipedia.org/wiki/List_of_colleges_and_universities_in_the_United_States_by_endowment 3. http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28nominal%29 %24 %24 UNDERSTANDING UNIVERSITY ENDOWMENTS A financial endowment is a transfer of money or property donated to an institution. The total value of an institution's investments is often referred to as the institution's endowment and is typically organized as a public charity, private foundation, or trust. Among the institutions that commonly manage an endowment are: academic institutions, cultural institutions and religious establishments. A financial endowment is typically overseen by a board of trustees and is managed by a trustee or team of professional managers. It is typically designed to achieve the stated objectives of the endowment, FINANCIAL OPERATION At universities, typically 4-6% of the endowment's assets are spent every year to fund operations or capital spending. Any excess earnings are typically reinvested to augment the endowment and to compensate for inflation and recessions in future years without diminishing the principal amount of the endowment fund. $ 9 $ The Financial crisis of 2007-2010 had a major impact on the entire range of endowments globally. Most notably, large U.S. based college and university endowments, which had posted large, highly publicized gains in the 1990s and 2000s, faced significant losses of principal across a range of investments. STANFORD VE RO UNIVERSITY Yale UNIVERSITY HARVARD • HARVARD UNIVERSITY Which held $37 billion in its endowment fund on June 30, 2008, was reduced to $26 billion during the following year. • STANFORD UNIVERSITY The nation's third-wealthiest university, YALE UNIVERSITY The pioneer of an approach that involved investing heavily in alternative investments such as real estate and had its endowment reduced from about $17 billion to $12 billion as of September 2009 as a result of the private equity, reported an endowment of $16 billion as of September 2009, a 30% annualized loss. economic crisis. A LOOK AT UNIVERSITY ENDOWMENT NUMBERS Top 25 schools with the largest endowments: Harvard University 25.662 Yale University 16.327 Stanford University 12.619 Princeton University 12.614 Endowment 2009 All data in Billions USD University of Texas System 12.163 Massachusetts Institute of Technology 7.982 University of Michigan | 6.001 Columbia University 5.893 University of Chicago 5.578 Northwestern University 5.445 University of Pennsylvania 5.171 Texas A&M University System 5.084 University of California System 4.937 University of Notre Dame 4.795 Duke University 4.441 Emory University 4.328 Washington University in St. Louis 4.081 Cornell University 3.966 Rice University 3.613 University of Virginia 3.577 Vanderbilt University 2.834 Dartmouth College 2.825 University of Southern California" 2.671 New York University 2.094 University of Minnesota 2.073 Top 25 endowment per student: Princeton University $1,900,000 Bryn Athyn College $1,770,994 Yale University $1,751,927 Rice University $1,557,600 Harvard University $1,456,940 Franklin W. Olin College of Engineering $1,412,147 All data in USD Grinnell College $1,076,056 Stanford University $946,944 California Institute of Technology $945,140 Pomona College $942,530 Swarthmore College $841,000 Amherst College $820,846 Massachusetts Institute of Technology $816,161 Baylor College $790,002 williams College $783,000 Dartmouth College $614,035 Wellesley College $603,969 Wabash College $485,882 University of Notre Dame $481,738 Hamilton College $435,032 Norfolk State University $421,167 Northwestern University $418,202 Smith College $405,737 Bowdoin College $404,955 Top institutions by growth of avg. yearly endowment 34,634,906 Harvard University 3,435,013 22,530,200 Yale University 1,739,460 17,164,836 Stanford University 1,502,583 15,787,200 Princeton University 1,934,010 15,613,672 University of Texas 2,530,730 Yearly Endowment in 2007 Massachusetts Institute of Technology 9,980,410 Yearly Endowment in 1986 971,346 7,089,830 University of Michigan 251,517 6,635,187 University of Pennsylvania 540,084 6,590,300 Texas A&M System 1,110,440 6,503,292 Northwestern University 709,236 6,204,189 University of Chicago 802,500 5,976,973 University of Notre Dame 388,965 5,910,280 Duke University 362,706 5,567,843 Washington University 958,461 5,561,743 Emory University 745,188 5,424,733 Cornell University 673,848 4,669,544 Rice Univeristy 755,782 4,370,209 University of Virginia 340,387 3,760,234 Dartmouth College 477,774 University of Southern California 3,715,272 361,784 3,487,500 Vanderbilt University 446,458 2,800,377 Johns Hopkins 491,543 Case Western Reserve 1,841,234 307,250 GDP VS. UNIVERSITY ENDOWMENTS According with the list by the World Bank, 2009. HARVARD UNIVERSITY 9 OF THE LOWEST ENDOWMENT GDP COUNTRIES PUT TOGETHER $ 25.66 Billion O VS. $ 25.24 Billion Saint Kitts and Nevis, Kiribati „Marshall Islands, Palau, São Tomé and Principe, Federated States of Micronesia, Tonga, Dominica and Samoa. YALE UNIVERSITY BOLIVIA VS. $ 16.327 Billion $ 17 BILLION STANFORD UNIVERSITY JAMAICA Vs. $ 12.619 Billion $ 14 BILLION PRINCETON UNIVERSITY NEPAL $ 12.614 Billion Vs. $ 12 BILLION Sources: 1. http://en.wikipedia.org/wiki/Financial_endowment 2. http://en.wikipedia.org/wiki/List_of_colleges_and_universities_in_the_United_States_by_endowment 3. http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28nominal%29