2009 NACUBO-Commonfund Study of Endowments
© Copyright 2010 National Association of College and University Business Officers and Commonfund Institute.
U.S. and Canadian Institutions Listed by Fiscal Year 2009 Endowment Market Value and Percentage
Change* in Endowment Market Value from FY 2008 to FY 2009
*Note:
The percentage change does NOT represent the rate of return for the institutionâs investments. Rather, the percentage change
in the market value of an endowment from FY 2008 to FY 2009 reflects the net impact of:
1) withdrawals to fund institutional operations and capital expenses;
2) the payment of endowment management and investment fees;
3) additions from donor gifts and other contributions; and
4) investment gains or losses.
Rank Institution
State/
Province
2009
Endowment
Funds
($000)
2008
Endowment
Funds
($000)
*Percentage
Change
(%)
1
Harvard University
MA
25,662,055
36,556,284
-29.8
2 Yale
University
CT
16,327,000
22,870,000 -28.6
3
Stanford University
CA
12,619,094
17,214,373
-26.7
4 Princeton
University
NJ
12,614,313
16,349,329 -22.8
5
University of Texas System
TX
12,163,049
16,171,184
-24.8
6
Massachusetts Institute of Technology
+
MA
7,982,021
10,068,787
-20.7
7
University of Michigan
MI
6,000,827
7,571,902
-20.7
8 Columbia
University
NY
5,892,798
7,345,226 -19.8
9
Northwestern University
IL
5,445,260
7,243,948
-24.8
10 University
of
Pennsylvania
PA 5,170,538
6,211,622 -16.8
11
University of Chicago
IL
5,094,087
6,632,311
-23.2
12
The Texas A&M University System & Foundation
TX
5,083,754
6,659,352
-23.7
13
University of California
CA
4,937,483
6,217,334
-20.6
14
University of Notre Dame
IN
4,795,303
6,225,688
-23.0
15
Duke University
NC
4,440,745
6,123,743
-27.5
16 Emory
University
GA 4,328,436
5,472,528 -20.9
17
Washington University in St. Louis
MO
4,080,554
5,350,470
-23.7
18 Cornell
University
NY 3,966,041
5,385,482 -26.4
19
Rice University
TX
3,612,884
4,610,164
-21.6
20 University
of
Virginia
++
VA
3,577,266
4,526,211
-21.0
21
Vanderbilt University
TN
2,833,614
3,459,439
-18.9
22 Dartmouth
College
NH 2,824,894
3,660,159 -22.8
23
University of Southern California
CA
2,671,426
3,589,225
-25.6
24 New
York
University
NY 2,094,300
2,475,200 -15.4
25
University of Minnesota and Affiliated Foundations
++
MN
2,073,205
2,734,926
-24.2
26 Brown
University
RI 2,017,006
2,746,834 -26.6
27
Johns Hopkins University
MD
1,976,899
2,524,575
-21.7
28
University of North Carolina at Chapel Hill & Foundations
NC
1,905,081
2,353,191
-19.0
29
University of Pittsburgh
PA
1,837,216
2,333,602
-21.3
30
The Ohio State University
OH
1,651,561
2,075,853
-20.4
31
University of Washington
WA
1,649,159
2,161,438
-23.7
32
The Rockefeller University
NY
1,527,678
2,018,855
-24.3
33
Purdue University
IN
1,457,543
1,735,660
-16.0
34 University
of
Richmond
VA 1,417,214
1,704,350 -16.8
35
University of Toronto
#
ON
1,411,628
1,838,537
-23.2
36 Williams
College
MA 1,409,056
1,808,171 -22.1
37
Case Western Reserve University
OH
1,401,799
1,766,478
-20.6
38
California Institute of Technology
CA
1,398,039
1,891,523
-26.1
39
University of Wisconsin Foundation
WI
1,373,034
1,735,456
-20.9
40 Boston
College
MA 1,340,700
1,630,626 -17.8
41
Pomona College
CA
1,333,881
1,794,453
-25.7
42 University
of
Rochester
NY 1,314,603
1,730,772 -24.0
43
Amherst College
MA
1,305,944
1,705,917
-23.4
2009 NACUBO-Commonfund Study of Endowments
© Copyright 2010 National Association of College and University Business Officers and Commonfund Institute.
U.S. and Canadian Institutions Listed by Fiscal Year 2009 Market Value of Endowment Assets and
Percentage Change* in Endowment Market Value from FY 2008 to FY 2009
*Note:
The percentage change does NOT represent the rate of return for the institutionâs investments. Rather, the percentage change
in the market value of an endowment from FY 2008 to FY 2009 reflects the net impact of:
1) withdrawals to fund institutional operations and capital expenses;
2) the payment of endowment management and investment fees;
3) additions from donor gifts and other contributions; and
4) investment gains or losses.
Rank Institution
State/
Province
2009
Endowment
Funds
($000)
2008
Endowment
Funds
($000)
*Percentage
Change
(%)
44
Wellesley College
MA
1,266,437
1,611,319
-21.4
45
Indiana University and Foundation
IN
1,226,505
1,546,469
-20.7
46
Pennsylvania State University
PA
1,226,011
1,545,314
-20.7
47 Swarthmore
College
PA 1,128,675
1,412,609 -20.1
48
University of Illinois and Foundation
++
IL
1,112,010
1,459,967
-23.8
49 Tufts
University
MA 1,103,440
1,445,662 -23.7
50
Smith College
MA
1,096,322
1,365,792
-19.7
51 Grinnell
College
IA 1,076,250
1,472,448 -26.9
52
Michigan State University
MI
1,046,975
1,282,073
-18.3
53 Southern
Methodist
University
TX 1,035,364
1,405,229 -26.3
54
George Washington University
+
DC
1,011,193
1,256,433
-19.5
55
University of Florida Foundation, Inc.
FL
1,010,590
1,250,603
-19.2
56
University of Delaware
DE
1,008,444
1,340,145
-24.8
57 Yeshiva
University
NY 979,433 1,344,701 -27.2
58
Texas Christian University
TX
974,696
1,221,988
-20.2
59 University
of
Nebraska
NE 964,928 1,221,331 -21.0
60
University of British Columbia
+++, #
BC
955,738
1,154,268
-17.2
61
Kansas University Endowment Association
KS
955,376
1,217,919
-21.6
62
Georgia Tech Foundation, Inc.
GA
944,346
1,273,673
-25.9
63
Washington & Lee University
VA
897,141
1,026,518
-12.6
64
The UCLA Foundation
CA
894,909
1,054,119
-15.1
65 Boston
University
MA 892,139 1,144,996 -22.1
66
Wake Forest University
NC
886,761
1,148,297
-22.8
67 Lehigh
University
PA 886,234 1,126,942 -21.4
68
Georgetown University
DC
883,182
1,059,075
-16.6
69
University of Missouri System
MO
881,846
1,024,892
-14.0
70
Baylor University
TX
880,256
1,068,934
-17.7
71 Trinity
University
TX 850,739 1,034,659 -17.8
72
University of Oklahoma
OK
847,897
1,053,596
-19.5
73 University
of
Cincinnati
OH 832,924 1,099,127 -24.2
74
McGill University
#
QC
825,194
943,540
-12.5
75 Tulane
University
++
LA
807,859
1,052,881
-23.3
76
The University of Alabama System
AL
796,490
997,956
-20.2
77 Berea
College
KY 791,210 1,023,255 -22.7
78
University of Iowa and Foundation
IA
766,262
935,453
-18.1
79
University of California, Berkeley Foundation
CA
759,283
907,351
-16.3
80
Princeton Theological Seminary
NJ
754,742
1,017,643
-25.8
81
Carnegie Mellon University
PA
754,131
1,067,728
-29.4
82
Baylor College of Medicine
TX
731,320
1,091,814
-33.0
83 Middlebury
College
VT 699,684 885,389
-21.0
84
University of Kentucky
KY
696,851
908,654
-23.3
85 Bowdoin
College
ME 688,384 831,469
-17.2
86
Texas Tech University System
TX
679,824
792,782
-14.2
2009 NACUBO-Commonfund Study of Endowments
© Copyright 2010 National Association of College and University Business Officers and Commonfund Institute.
U.S. and Canadian Institutions Listed by Fiscal Year 2009 Market Value of Endowment Assets and
Percentage Change* in Endowment Market Value from FY 2008 to FY 2009
*Note:
The percentage change does NOT represent the rate of return for the institutionâs investments. Rather, the percentage change
in the market value of an endowment from FY 2008 to FY 2009 reflects the net impact of:
1) withdrawals to fund institutional operations and capital expenses;
2) the payment of endowment management and investment fees;
3) additions from donor gifts and other contributions; and
4) investment gains or losses.
Rank Institution
State/
Province
2009
Endowment
Funds
($000)
2008
Endowment
Funds
($000)
*Percentage
Change
(%)
87
University of Alberta
#
AB
677,700
767,413
-11.7
88
The University of Tennessee
TN
664,636
887,411
-25.1
89
Syracuse University
NY
658,248
984,779
-33.2
90 Vassar
College
NY 658,239 848,363
-22.4
91
Carnegie Institute of Washington
DC
654,700
870,100
-24.8
92 University
of
Tulsa
OK 646,672 843,030
-23.3
93
Saint Louis University
MO
645,800
879,908
-26.6
94
University of Arkansas and Foundation
AR
623,686
858,840
-27.4
95
Washington State University
WA
619,766
678,553
-8.7
96
Rensselaer Polytechnic Institute
NY
612,841
793,323
-22.8
97
University System of Maryland & Foundations
MD
608,040
843,413
-27.9
98
University of Louisville Foundation
KY
599,712
783,345
-23.4
99
University of Colorado Foundation
CO
593,304
720,711
-17.7
100 Colgate
University
NY
560,907 703,968
-20.3
101
Brandeis University
MA
558,516
712,132
-21.6
102 Berry
College
GA
558,220 647,414
-13.8
103
Louisiana State University System
LA
554,893
721,121
-23.1
104 Oberlin
College
OH
550,263 760,736
-27.7
105
Macalester College
MN
545,932
664,672
-17.9
106
Rutgers, The State University of New Jersey
NJ
544,992
639,737
-14.8
107
University of Miami
FL
538,606
736,239
-26.8
108 Lafayette
College
PA
535,585 682,673
-21.5
109
The Principia Corporation
MO
529,367
735,016
-28.0
110 Santa
Clara
University
CA
528,892 676,072
-21.8
111
Rochester Institute of Technology
NY
528,463
667,918
-20.9
112 Denison
University
OH
522,414 686,593
-23.9
113
Bryn Mawr College
PA
521,878
663,928
-21.4
114 Carleton
College
MN 517,310 647,822
-20.1
115
University of Utah
UT
513,400
594,564
-13.7
116 Pepperdine
University
++
CA
512,812
706,226
-27.4
117
University of Houston System and Foundation
TX
497,877
671,703
-25.9
118
College of William & Mary and Foundations
VA
494,802
580,037
-14.7
119
College of the Holy Cross
MA
489,680
617,249
-20.7
120 Hamilton
College
NY
488,817 670,321
-27.1
121
Mount Holyoke College
MA
488,036
646,354
-24.5
122 Northeastern
University
MA 486,870 657,866
-26.0
123
Wesleyan University
CT
476,481
652,208
-26.9
124
North Carolina State University and Related Foundations
NC
463,866
544,551
-14.8
125
The University of Georgia Foundation
GA
456,055
592,593
-23.0
126
Oklahoma State University and Foundation
OK
454,849
617,028
-26.3
127
Colby College
ME
452,990
600,248
-24.5
128
Iowa State University and Foundation
IA
452,209
560,617
-19.3
129
Virginia Tech Foundation
VA
451,744
527,629
-14.4
2009 NACUBO-Commonfund Study of Endowments
© Copyright 2010 National Association of College and University Business Officers and Commonfund Institute.
U.S. and Canadian Institutions Listed by Fiscal Year 2009 Market Value of Endowment Assets and
Percentage Change* in Endowment Market Value from FY 2008 to FY 2009
*Note:
The percentage change does NOT represent the rate of return for the institutionâs investments. Rather, the percentage change
in the market value of an endowment from FY 2008 to FY 2009 reflects the net impact of:
1) withdrawals to fund institutional operations and capital expenses;
2) the payment of endowment management and investment fees;
3) additions from donor gifts and other contributions; and
4) investment gains or losses.
Rank Institution
State/
Province
2009
Endowment
Funds
($000)
2008
Endowment
Funds
($000)
*Percentage
Change
(%)
130
Furman University
SC
444,223
560,044
-20.7
131 Bucknell
University
PA
442,826 554,593
-20.2
132
University of California San Francisco Foundation
CA
438,514
468,463
-6.4
133 Loma
Linda
University
CA
436,726 562,501
-22.4
134
University of Arizona and Foundation
AZ
436,603
518,709
-15.8
135 DePauw
University
IN
425,364 544,534
-21.9
136
The Florida State University Foundation
FL
409,666
570,730
-28.2
137
University at Buffalo Foundation
NY
408,730
213,321
91.6
138
Drexel University
PA
408,227
547,922
-25.5
139
Arizona State University and Foundation
AZ
407,889
493,015
-17.3
140
Howard University
DC
404,081
497,680
-18.8
141 The
Colorado
College
CO
400,515 492,411
-18.7
142
Claremont McKenna College
CA
399,711
527,853
-24.3
143
University of South Carolina and Affiliated Foundations
SC
391,468
425,151
-7.9
144
University of Oregon and Foundation
OR
386,509
470515
-17.9
145
Medical College of Wisconsin
WI
376,708
474,956
-20.7
146
University of Massachusetts Foundation, Inc.
MA
372,648
390,775
-4.6
147
University of Mississippi and Foundation
MS
369,864
472,373
-21.7
148
Davidson College
NC
369,376
501,599
-26.4
149
Oregon Health and Science University Foundation
+
OR
346,549
453,541
-23.6
150
Rush University Medical Center
IL
339,803
409,484
-17.0
151
Auburn University and Foundation
AL
339,209
423,412
-19.9
152
Haverford College
PA
336,086
521,308
-35.5
153
Clemson University and Foundation
SC
331,082
421,299
-21.4
154
Fordham University
NY
330,166
434,706
-24.0
155
Oregon State University Foundation
OR
329,165
428,383
-23.2
156
Franklin W. Olin College of Engineering
MA
328,660
469,570
-30.0
157 University
of
Dayton
OH
319,997 391,101
-18.2
158
Trinity College (Connecticut)
CT
319,390
413,482
-22.8
159 Miami
University
OH
315,945 404,674
-21.9
160
West Virginia University Foundation, Inc.
WV
315,121
432,697
-27.2
161 American
University
DC
312,406 393,794
-20.7
162
Reed College
OR
311,162
427,324
-27.2
163 Dalhousie
University
#
NS
310,516
360,325
-13.8
164
The Fuller Foundation
CA
299,559
422,283
-29.1
165
Oklahoma State Regents for Higher Education
OK
299,056
392,123
-23.7
166
Whitman College
WA
296,723
382,493
-22.4
167
Georgia Institute of Technology
GA
293,382
320,151
-8.4
168
Loyola Marymount University
CA
292,558
373,212
-21.6
169
Worcester Polytechnic Institute
MA
291,603
384,753
-24.2
170
University of Manitoba
#
MB
290,168
332,347
-12.7
171
Michigan State University Foundation
MI
285,973
350,923
-18.5
2009 NACUBO-Commonfund Study of Endowments
© Copyright 2010 National Association of College and University Business Officers and Commonfund Institute.
U.S. and Canadian Institutions Listed by Fiscal Year 2009 Market Value of Endowment Assets and
Percentage Change* in Endowment Market Value from FY 2008 to FY 2009
*Note:
The percentage change does NOT represent the rate of return for the institutionâs investments. Rather, the percentage change
in the market value of an endowment from FY 2008 to FY 2009 reflects the net impact of:
1) withdrawals to fund institutional operations and capital expenses;
2) the payment of endowment management and investment fees;
3) additions from donor gifts and other contributions; and
4) investment gains or losses.
Rank Institution
State/
Province
2009
Endowment
Funds
($000)
2008
Endowment
Funds
($000)
*Percentage
Change
(%)
172
Marquette University
WI
285,500
357,300
-20.1
173 Spelman
College
GA
284,706 350,976
-18.9
174
Creighton University
NE
284,674
379,207
-24.9
175
Union College (New York)
NY
283,984
391,260
-27.4
176
Occidental College
CA
281,609
359,954
-21.8
177
University of California San Diego Foundation
CA
281,252
354,605
-20.7
178
University of New Mexico and Foundation
NM
279,690
342,648
-18.4
179
Loyola University of Chicago
IL
278,873
372,526
-25.1
180
National University
CA
278,342
346,161
-19.6
181
University of South Florida Foundation
FL
275,398
360,035
-23.5
182
Rhode Island School of Design
RI
273,806
374,651
-26.9
183 York
University
#
ON
272,896
314,012
-13.1
184
Wabash College
IN
272,154
367,656
-26.0
185 University
of
Vermont
VT
271,536 336,978
-19.4
186
University of Denver (Colorado Seminary)
CO
269,917
300,414
-10.2
187
St. Johnâs University (New York)
NY
267,650
363,802
-26.4
188
Villanova University
PA
266,701
341,210
-21.8
189
Victoria University in the University of Toronto
#
ON
263,913
214,364
23.1
190
Rollins College
FL
261,756
360,365
-27.4
191
Kansas State University Foundation
KS
259,809
337,187
-22.9
192
College of the Ozarks
MO
254,983
352,924
-27.8
193
University of Connecticut and Foundations
CT
254,684
328,133
-22.4
194
Mississippi State University and Foundation
MS
254,329
280,711
-9.4
195 Earlham
College
IN
254,016 345,000
-26.4
196
Ohio University and Foundation
OH
253,259
312,036
-18.8
197
Virginia Commonwealth University
VA
252,903
330,482
-23.5
198
University of St. Thomas (Minnesota)
MN
252,132
350,965
-28.2
199 Wheaton
College
(Illinois)
IL
250,695 321,930
-22.1
200
University of South Alabama Foundation
AL
250,171
290,948
-14.0
201
Franklin and Marshall College
PA
248,592
335,449
-25.9
202
St. Olaf College
MN
247,922
325,020
-23.7
203
The University of the South
TN
246,098
313,206
-21.4
204
DePaul University
IL
245,574
314,743
-22.0
205 Dickinson
College
PA
244,579 307,760
-20.5
206
Skidmore College
NY
240,046
289,788
-17.2
207
Loyola University New Orleans
LA
238,598
302,318
-21.1
208
Abilene Christian University
TX
238,187
284,269
-16.2
209 VMI
Foundation
Inc.
++
VA
234,654
330,157
-28.9
210
Agnes Scott College
GA
230,612
307,427
-25.0
211
Academy of the New Church
PA
229,961
302,815
-24.1
212
Rhodes College
TN
229,523
281,512
-18.5
213 Southwestern
University
TX
226,857 280,638
-19.2
214
College of Wooster
OH
226,472
270,690
-16.3
2009 NACUBO-Commonfund Study of Endowments
© Copyright 2010 National Association of College and University Business Officers and Commonfund Institute.
U.S. and Canadian Institutions Listed by Fiscal Year 2009 Market Value of Endowment Assets and
Percentage Change* in Endowment Market Value from FY 2008 to FY 2009
*Note:
The percentage change does NOT represent the rate of return for the institutionâs investments. Rather, the percentage change
in the market value of an endowment from FY 2008 to FY 2009 reflects the net impact of:
1) withdrawals to fund institutional operations and capital expenses;
2) the payment of endowment management and investment fees;
3) additions from donor gifts and other contributions; and
4) investment gains or losses.
Rank Institution
State/
Province
2009
Endowment
Funds
($000)
2008
Endowment
Funds
($000)
*Percentage
Change
(%)
215
Clark University
MA
226,189
282,038
-19.8
216
University of San Diego
CA
220,840
267,920
-17.6
217
University of Wyoming Foundation
WY
220,328
269,502
-18.2
218 University
of
Victoria
#
BC
218,071
162,276
34.4
219
Lebanese American University
NY
216,431
298,208
-27.4
220 Scripps
College
CA
212,446 270,866
-21.6
221
University of California, Irvine Foundation
CA
210,871
250,557
-15.8
222 Samford
University
AL
210,724 306,382
-31.2
223
Temple University
PA
210,043
237,012
-11.4
224 Carleton
University
#
ON
204,776
264,727
-22.6
225
Wayne State University
MI
204,529
241,427
-15.3
226 Fairfield
University
CT
200,490 262,934
-23.7
227
University of Alaska Foundation
AK
198,646
259,590
-23.5
228
University of Puget Sound
WA
195,505
244,480
-20.0
229
Harvey Mudd College
CA
193,907
248,447
-22.0
230 Hampton
University
VA
193,427 235,872
-18.0
231
Gettysburg College
PA
192,692
258,118
-25.3
232 Quinnipiac
University
CT
192,579 228,370
-15.7
233
St. Lawrence University
NY
188,161
244,832
-23.1
234 Williamette
University
OR
187,605 255,918
-26.7
235
Regent University
VA
186,608
273,890
-31.9
236 Hofstra
University
NY
186,330 222,731
-16.3
237
University of Nevada Reno & Foundation & Athletic
Association
NV
185,684
237,198
-21.7
238
Johnson & Wales University
RI
184,324
225,590
-18.3
239
Bates College
ME
183,848
267,220
-31.2
240
The University of Memphis
TN
180,116
213,503
-15.6
241
Berklee College of Music
MA
179,000
220,000
-18.6
242 Bradley
University
IL
178,669 226,992
-21.3
243
Medical College of Virginia, Inc.
VA
178,130
221,340
-19.5
244 The
New
School
NY
176,078 214,189
-17.8
245
University of Saskatchewan
SK
175,083
203,274
-13.9
246 Drew
University
NJ
171,068 237,480
-28.0
247
Babson College
MA
171,024
216,377
-21.0
248
Nevada System of Higher Education
NV
170,264
202,968
-16.1
249
Lawrence University
IL
168,497
216,466
-22.2
250 Barnard
College
NY
168,059 215,744
-22.1
251
University of Maryland College Park Foundation
MD
167,995
224,007
-25.0
252
The Citadel and Foundation
SC
166,849
205,829
-18.9
253
University of San Francisco
CA
165,354
215,556
-23.3
254 Connecticut
College
CT
165,045 215,536
-23.4
255
Lewis & Clark College
OR
164,606
228,281
-27.9
256
University of the Pacific
CA
164,525
208,852
-21.2
2009 NACUBO-Commonfund Study of Endowments
© Copyright 2010 National Association of College and University Business Officers and Commonfund Institute.
U.S. and Canadian Institutions Listed by Fiscal Year 2009 Market Value of Endowment Assets and
Percentage Change* in Endowment Market Value from FY 2008 to FY 2009
*Note:
The percentage change does NOT represent the rate of return for the institutionâs investments. Rather, the percentage change
in the market value of an endowment from FY 2008 to FY 2009 reflects the net impact of:
1) withdrawals to fund institutional operations and capital expenses;
2) the payment of endowment management and investment fees;
3) additions from donor gifts and other contributions; and
4) investment gains or losses.
Rank Institution
State/
Province
2009
Endowment
Funds
($000)
2008
Endowment
Funds
($000)
*Percentage
Change
(%)
257
University of New Brunswick
#
NB
163,204
176,629
-7.6
258 University
of
Guelph
#
ON
162,608
176,646
-7.9
259
Claremont Graduate University
CA
161,712
213,438
-24.2
260 Ithaca
College
NY
160,596 235,283
-31.7
261
Centre College of Kentucky
KY
159,479
191,326
-16.6
262
University of New Hampshire System
NH
159,264
186,543
-14.6
263
University of Hawaii Foundation
HI
158,674
188,656
-15.9
264 Bentley
University
MA 158,396 224,944
-29.6
265
Mills College
CA
156,571
210,556
-25.6
266
The Catholic University of America
DC
153,827
214,676
-28.3
267
University of North Carolina Greensboro Investment Fund,
Inc.
NC
152,256
184,017
-17.3
268 Utah
State
University
UT
151,184 145,599
3.8
269
Illinois Wesleyan University
IL
151,141
182,476
-17.2
270 Kenyon
College
OH
151,056 188,696
-19.9
271
Youngstown State University and Foundation
OH
150,783
172,859
-12.8
272 Goucher
College
MD 149,443 201,483
-25.8
273
Rose-Hulman Institute of Technology
IN
149,221
193,727
-23.0
274
University of Idaho Foundation, Inc.
ID
149,190
176,145
-15.3
275
Colorado State University Foundation
CO
148,144
183,442
-19.2
276
Colorado School of Mines Foundation, Inc.
CO
148,089
164,999
-10.2
277
Seton Hall University
NJ
147,800
203,254
-27.3
278 Mercer
University
GA
147,598 191,396
-22.9
279
Wichita State University Foundation
KS
147,339
175,791
-16.2
280
Miami Date College & MDC Foundation
FL
147,248
186,174
-20.9
281
Medical University of South Carolina Foundation
SC
145,667
160,917
-9.5
282 Simmons
College
MA 143,842 189,284
-24.0
283
Lesley University
MA
142,576
190,327
-25.1
284 Florida
Atlantic
University
FL
142,274 182,306
-22.0
285
Western Michigan University Foundation
MI
141,355
187,997
-24.8
286 Valparaiso
University
IN
140,753 199,045
-29.3
287
Wheaton College (Massachusetts)
MA
139,759
182,176
-23.3
288
New Mexico State University and Foundation
NM
139,484
170,931
-18.4
289
Hobart & William Smith Colleges
NY
138,036
174,825
-21.0
290
University of California Davis Foundation
CA
137,198
157,005
-12.6
291
University of Toledo and Foundation
OH
136,767
175,578
-22.1
292 Gallaudet
University
DC
136,368 177,745
-23.3
293
Stevens Institute of Technology
NJ
136,289
164,750
-17.3
294 Chapman
University
CA
134,677 202,058
-33.3
295
Old Dominion University Educational Foundation
VA
134,586
177,885
-24.3
296
Ball State University Foundation, Inc.
IN
134,341
189,652
-29.2
297
The University of Akron and Foundation
OH
133,332
178,278
-25.2
298 Washington
College
MD 132,078 163,205
-19.1
2009 NACUBO-Commonfund Study of Endowments
© Copyright 2010 National Association of College and University Business Officers and Commonfund Institute.
U.S. and Canadian Institutions Listed by Fiscal Year 2009 Market Value of Endowment Assets and
Percentage Change* in Endowment Market Value from FY 2008 to FY 2009
*Note:
The percentage change does NOT represent the rate of return for the institutionâs investments. Rather, the percentage change
in the market value of an endowment from FY 2008 to FY 2009 reflects the net impact of:
1) withdrawals to fund institutional operations and capital expenses;
2) the payment of endowment management and investment fees;
3) additions from donor gifts and other contributions; and
4) investment gains or losses.
Rank Institution
State/
Province
2009
Endowment
Funds
($000)
2008
Endowment
Funds
($000)
*Percentage
Change
(%)
299
Columbia Theological Seminary
GA
131,711
170,070
-22.6
300
John Carroll University
OH
131,424
177,145
-25.8
301
California Polytechnic State University and Foundation
CA
130,947
166,179
-21.2
302
The Curtis Institute of Music
PA
130,460
174,056
-25.0
303
Clarkson University
NY
128,329
169,894
-24.5
304 Wofford
College
SC
126,384 162,511
-22.2
305
Randolph College
VA
126,089
155,775
-19.1
306 Allegheny
College
PA
124,970 157,007
-20.4
307
Saint Josephâs University
PA
124,740
152,024
-17.9
308 Albion
College
+
MI
123,524
174,451
-29.2
309
Loyola University of Maryland
MD
122,605
175,414
-30.1
310 Kalamazoo
College
MI
122,589 156,907
-21.9
311
Hope College
MI
122,480
153,818
-20.4
312 Providence
College
RI
122,110 154,244
-20.8
313
Duquesne University
PA
121,049
161,299
-25.0
314 Bryant
University
RI
120,209 168,494
-28.7
315
Rowan University Foundation
NJ
118,034
153,898
-23.3
316
St. Maryâs University (Texas)
TX
116,475
147,054
-20.8
317
Drake University
IA
115,926
141,175
-17.9
318 Stonehill
College
Inc.
MA 115,788 151,027
-23.3
319
Muhlenberg College
PA
115,693
138,284
-16.3
320 Hampden-Sydney
College
VA
115,399 134,924
-14.5
321
Hendrix College
AR
115,391
147,630
-21.8
322
University of Maine System
ME
115,040
125,677
-8.5
323
Asbury Theological Seminary
KY
114,750
147,140
-22.0
324
University of Nevada, Las Vegas Foundation
NV
114,734
130,158
-11.9
325
University of South Dakota and Foundation
SD
114,722
119,677
-4.1
326 Butler
University
IN
113,497 152,886
-25.8
327
University of the Sciences in Philadelphia
PA
113,443
145,652
-22.1
328
University of Maine Foundation
ME
112,956
144,976
-22.1
329
Ohio Northern University
OH
112,948
173,440
-34.9
330
St. Johnâs University (Minnesota)
MN
111,885
145,233
-23.0
331
Hollins University
VA
111,569
120,269
-7.2
332 Stetson
University
FL
109,840 125,079
-12.2
333
Austin College
TX
109,374
140,823
-22.3
334 Hanover
College
IN
108,377 150,244
-27.9
335
The University of Montana Foundation
MT
107,991
119,955
-10.0
336
Inter American University of Puerto Rico
PR
107,493
136,897
-21.5
337
Washburn Endowment Association
KS
106,697
136,597
-21.9
338
University of North Carolina at Charlotte
NC
105,915
140,271
-24.5
339
Saint Maryâs College of California
CA
105,464
147,289
-28.4
340
Mennonite Education Agency Investment Fund LLC
IN
104,365
158,244
-34.0
341
Beloit College
WI
103,733
131,877
-21.3
2009 NACUBO-Commonfund Study of Endowments
© Copyright 2010 National Association of College and University Business Officers and Commonfund Institute.
U.S. and Canadian Institutions Listed by Fiscal Year 2009 Market Value of Endowment Assets and
Percentage Change* in Endowment Market Value from FY 2008 to FY 2009
*Note:
The percentage change does NOT represent the rate of return for the institutionâs investments. Rather, the percentage change
in the market value of an endowment from FY 2008 to FY 2009 reflects the net impact of:
1) withdrawals to fund institutional operations and capital expenses;
2) the payment of endowment management and investment fees;
3) additions from donor gifts and other contributions; and
4) investment gains or losses.
Rank Institution
State/
Province
2009
Endowment
Funds
($000)
2008
Endowment
Funds
($000)
*Percentage
Change
(%)
342
Bowling Green State University Foundation, Inc.
OH
102,513
134,515
-23.8
343 Lycoming
College
PA
102,385 132,742
-22.9
344
Transylvania University
KY
100,342
121,442
-17.4
345 Messiah
College
PA
99,881 128,009
-22.0
346
University of New Hampshire Foundation, Inc.
NH
99,347
120,628
-17.6
347
Polytechnic Institute of New York University
NY
98,799
131,860
-25.1
348
The Corporation of Saint Maryâs College
IN
98,476
133,171
-26.1
349 Mount
Union
College
OH
97,684 120,489
-18.9
350
Baldwin-Wallace College
OH
95,787
130,276
-26.5
351
SUNY, Stony Brook Foundation, Inc.
NY
95,689
113,204
-15.5
352
Roanoke College
VA
95,619
115,215
-17.0
353
Western Kentucky University and Foundations
KY
95,424
104,579
-8.8
354
University of South Alabama
AL
95,000
73,000
30.1
355 Mount
Allison
University
#
NB
94,934
103,946
-8.7
356
Illinois College
IL
94,865
121,012
-21.6
357 University
of
Scranton
PA
94,596 112,165
-15.7
358
University of North Dakota Foundation
ND
94,018
118,373
-20.6
359 Luther
College
IA
93,372 115,273
-19.0
360
Pace University
NY
92,990
118,836
-21.7
361 Randolph-Macon
College
VA
92,175 122,955
-25.0
362
University of Central Florida Foundation
FL
91,951
114,990
-20.0
363
California State University Fresno
CA
91,426
105,545
-13.4
364
Medical College of Georgia Foundation, Inc.
GA
90,548
121,333
-25.4
365
Philadelphia College of Osteopathic Medicine
PA
90,523
114,953
-21.3
366
Xavier University
OH
89,935
124,523
-27.8
367 University
of
Redlands
++
CA
89,621
122,971
-27.1
368
New England Conservatory of Music
MA
89,613
99,876
-10.3
369
California Institute of the Arts CA
89,592
103,197
-13.2
370
Centenary College of Louisiana
LA
89,488
112,219
-20.3
371 Buena
Vista
University
IA
89,088 129,207
-31.1
372
East Carolina University
NC
89,032
95,041
-6.3
373 University
of
Hartford
CT
88,259 112,815
-21.8
374
Augustana College (Illinois)
IL
88,245
110,990
-20.5
375
Florida A&M University Foundation, Inc.
FL
87,770
112,354
-21.9
376
Hardin-Simmons University
TX
87,089
112,156
-22.4
377 Wittenberg
University
OH
86,937 119,689
-27.4
378
Montana State University Foundation
MT
86,742
107,299
-19.2
379
Christian Theological Seminary
IN
86,040
115,275
-25.4
380
Adelphi University
NY
85,829
101,976
-15.8
381
Austin Presbyterian Theological Seminary
TX
85,671
120,823
-29.1
382
Milikin University
IL
84,409
88,739
-4.9
383 Ursinus
College
PA
84,340 104,348
-19.2
384
Grove City College
PA
84,006
112,453
-25.3
2009 NACUBO-Commonfund Study of Endowments
© Copyright 2010 National Association of College and University Business Officers and Commonfund Institute.
U.S. and Canadian Institutions Listed by Fiscal Year 2009 Market Value of Endowment Assets and
Percentage Change* in Endowment Market Value from FY 2008 to FY 2009
*Note:
The percentage change does NOT represent the rate of return for the institutionâs investments. Rather, the percentage change
in the market value of an endowment from FY 2008 to FY 2009 reflects the net impact of:
1) withdrawals to fund institutional operations and capital expenses;
2) the payment of endowment management and investment fees;
3) additions from donor gifts and other contributions; and
4) investment gains or losses.
Rank Institution
State/
Province
2009
Endowment
Funds
($000)
2008
Endowment
Funds
($000)
*Percentage
Change
(%)
385
Le Moyne College
NY
83,961
44,106
90.4
386 Gustavus
Adolphus
College
MN
83,892 108,977
-23.0
387
Susquehanna University
PA
82,645
117,348
-29.6
388
Florida International University Foundation, Inc.
FL
82,555
97,063
-14.9
389
Elon University
NC
81,769
80,574
1.5
390
University of North Texas
TX
80,976
94,922
-14.7
391
Harding University
AR
80,885
99,303
-18.5
392
Texas State University-San Marcos & Foundation
TX
80,862
93,315
-13.3
393
Calvin College
MI
80,763
101,387
-20.3
394 Alma
College
MI
79,711 100,995
-21.1
395
Cottey College
MO
79,559
103,363
-23.0
396 Suffolk
University
MA
78,859 103,094
-23.5
397
Pitzer College
CA
77,414
100,131
-22.7
398 University
of
Chattanooga
Foundation, Inc.
TN
77,340
105,435
-26.6
399
Saint Louis College of Pharmacy
MO
76,902
93,110
-17.4
400
College of Idaho
ID
76,588
93,107
-17.7
401
Laval University
#
QC
76,555
88,119
-13.1
402
North Dakota State University Development Foundation
ND
75,808
97,036
-21.9
403
Georgia State University Foundation, Inc.
GA
75,755
98,634
-23.2
404 St.
Ambrose
University
IA
75,502
83,985
-10.1
405
Meharry Medical College
TN
75,242
77,955
-3.5
406
Sweet Briar College
VA
74,904
95,439
-21.5
407
Alfred University
NY
74,771
109,090
-31.5
408
East Tennessee State University Foundation
TN
73,245
85,908
-14.7
409
Whitworth University
WA
73,190
92,849
-21.2
410
Louisville Presbyterian Theological Seminary
KY
73,000
98,000
-25.5
411
Birmingham-Southern College
AL
72,998
100,564
-27.4
412
University of Rhode Island Foundation
RI
72,589
88,028
-17.5
413
Goshen College
IN
72,085
106,264
-32.2
414 Westminster
College
(Pennsylvania)
PA
71,789
93,232
-23.0
415
Doane College
NE
71,774
86,738
-17.3
416 Millsaps
College
MS
71,536
89,169
-19.8
417
Columbia College Chicago
IL
71,350
103,443
-31.0
418 Moravian
College
PA
71,124
92,921
-23.5
419
University of Portland
OR
70,983
95,156
-25.4
420 North
Central
College
IL
70,462
78,598
-10.4
421
Marshall University Foundation Inc.
WV
70,175
85,386
-17.8
422 Elmhurst
College
IL
70,161
97,938
-28.4
423
Long Island University
NY
69,655
86,819
-19.8
424 McCormick
Theological
Seminary
IL
69,492 102,545
-32.2
425
Coe College
IA
69,478
76,955
-9.7
426
University of the Ozarks
AR
69,262
85,476
-19.0
427
The Arch Foundation for the University of Georgia, Inc.
GA
69,119
56,399
22.6
2009 NACUBO-Commonfund Study of Endowments
© Copyright 2010 National Association of College and University Business Officers and Commonfund Institute.
U.S. and Canadian Institutions Listed by Fiscal Year 2009 Market Value of Endowment Assets and
Percentage Change* in Endowment Market Value from FY 2008 to FY 2009
*Note:
The percentage change does NOT represent the rate of return for the institutionâs investments. Rather, the percentage change
in the market value of an endowment from FY 2008 to FY 2009 reflects the net impact of:
1) withdrawals to fund institutional operations and capital expenses;
2) the payment of endowment management and investment fees;
3) additions from donor gifts and other contributions; and
4) investment gains or losses.
Rank Institution
State/
Province
2009
Endowment
Funds
($000)
2008
Endowment
Funds
($000)
*Percentage
Change
(%)
428
Franklin College of Indiana
IN
68,669
89,030
-22.9
429 Lindenwood
University
MO
68,592
71,754
-4.4
430
Saint Anselm College
NH
68,513
86,907
-21.2
431 McDaniel
College
MD
68,182
80,926
-15.7
432
Lamar University
TX
67,699
63,075
7.3
433 Drury
University
MO
67,589
81,465
-17.0
434
Sacred Heart University
CT
67,364
86,055
-21.7
435
Wentworth Institute of Technology
MA
66,780
91,071
-26.7
436
Emory & Henry College
VA
66,500
83,551
-20.4
437
University of North Florida Foundation Inc.
FL
66,385
95,209
-30.3
438
Trinity College-Toronto
#
ON
66,363
72,543
-8.5
439
Mount St. Maryâs College, Los Angeles
CA
65,363
78,582
-16.8
440
Ouachita Baptist University
AR
65,350
77,093
-15.2
441 Meredith
College
NC
65,053
82,432
-21.1
442
Southern Illinois University Foundation
IL
64,888
81,275
-20.2
443 Pratt
Institute
NY
64,803
83,664
-22.5
444
St. Johnâs College-Annapolis
MD
64,457
75,765
-14.9
445
The Culinary Institute of America NY
64,221
79,628
-19.3
446
Michigan Technological University
MI
63,617
79,390
-19.9
447 Canisius
College
NY
63,535
77,715
-18.2
448
Concordia University
#
QC
63,397
76,291
-16.9
449 Central
College
IA
63,135
81,914
-22.9
450
Emmanuel College
MA
62,760
84,427
-25.7
451 Roger
Williams
University
RI
62,747
99,259
-36.8
452
University of California Riverside Foundation
CA
62,692
81,552
-23.1
453 Luther
Seminary
MN
62,621
82,411
-24.0
454
Presbyterian College
SC
62,413
88,254
-29.3
455 Pacific
Lutheran
University
WA
61,827
70,674
-12.5
456
Lynchburg College
VA
61,515
81,295
-24.3
457
University of Northern Colorado
CO
61,482
80,169
-23.3
458
Oklahoma City University
OK
61,413
74,187
-17.2
459
University of the Incarnate Word
TX
61,099
64,793
-5.7
460
St. Francis Xavier University
#
NS
61,031
97,669
-37.5
461 Taylor
University
IN
60,945
75,479
-19.3
462
Roosevelt University
IL
60,942
66,922
-8.9
463 Whittier
College
CA
60,841
78,649
-22.6
464
Illinois State University Foundation
IL
60,611
77,575
-21.9
465 Concordia
College
MN
60,265
77,033
-21.8
466
Valencia Community College and Foundation
FL
60,057
66,873
-10.2
467
The Foundation of the State University of New York at
Binghamton
NY 59,978 50,921 17.8
468
University of Evansville
IN
59,573
82,351
-27.7
469
Sarah Lawrence College
NY
59,071
74,610
-20.8
2009 NACUBO-Commonfund Study of Endowments
© Copyright 2010 National Association of College and University Business Officers and Commonfund Institute.
U.S. and Canadian Institutions Listed by Fiscal Year 2009 Market Value of Endowment Assets and
Percentage Change* in Endowment Market Value from FY 2008 to FY 2009
*Note:
The percentage change does NOT represent the rate of return for the institutionâs investments. Rather, the percentage change
in the market value of an endowment from FY 2008 to FY 2009 reflects the net impact of:
1) withdrawals to fund institutional operations and capital expenses;
2) the payment of endowment management and investment fees;
3) additions from donor gifts and other contributions; and
4) investment gains or losses.
Rank Institution
State/
Province
2009
Endowment
Funds
($000)
2008
Endowment
Funds
($000)
*Percentage
Change
(%)
470
Belmont University
TN
58,890
69,520
-15.3
471
Wright State University & Foundation
OH
58,758
74,555
-21.2
472
Monmouth College (Illinois)
IL
58,560
69,544
-15.8
473 Widener
University
PA
58,224
81,933
-28.9
474
Linfield College
OR
58,212
70,178
-17.1
475 Central
Michigan
University
MI
58,025
76,740
-24.4
476
Texas Lutheran University
TX
57,639
68,283
-15.6
477 Knox
College
IL
57,550
71,423
-19.4
478
Palm Beach Atlantic University
FL
57,441
62,269
-7.8
479
Emporia State University Foundation
KS
57,184
68,249
-16.2
480
Juniata College
PA
57,086
70,533
-19.1
481
New Jersey Institute of Technology
NJ
57,016
70,637
-19.3
482
Oklahoma Christian University
OK
56,728
66,251
-14.4
483 Northwood
University
MI
56,597
67,298
-15.9
484
Simpson College (Iowa)
IA
56,566
79,077
-28.5
485
St. Francis College
NY
56,420
71,515
-21.1
486
Brite Divinity School
TX
56,197
76,976
-27.0
487
Morehouse School of Medicine
GA
56,117
60,352
-7.0
488
Hamline University
MN
55,729
72,229
-22.8
489
Saint Michaelâs College
VT
55,196
73,084
-24.5
490
La Salle University
PA
55,194
74,671
-26.1
491 Hiram
College
OH
54,852
72,618
-24.5
492
University of Indianapolis
IN
54,273
70,895
-23.4
493 Cornell
College
IA
54,211
67,171
-19.3
494
Boise State University Foundation Inc.
ID
53,933
72,672
-25.8
495 Embry-Riddle
Aeronautical
University
FL
53,822
62,346
-13.7
496
Guilford College
NC
53,756
68,443
-21.5
497 University
of
Dubuque
IA
53,744
70,374
-23.6
498
Lake Forest College
IL
53,728
73,995
-27.4
499
Oregon University Systems
OR
53,606
70,394
-23.8
500
Grand Valley State University
MI
53,549
62,895
-14.9
501
Queens University of Charlotte
NC
53,460
65,158
-18.0
502
John Brown University
AR
53,424
64,995
-17.8
503
St. Norbert College
WI
53,028
67,844
-21.8
504
Chatham University
PA
52,996
67,541
-21.5
505 Niagara
University
NY
52,796
70,917
-25.6
506
York College of Pennsylvania
PA
52,719
70,703
-25.4
507 Biola
University
CA
52,659
55,317
-4.8
508
Weber State University
UT
52,103
56,293
-7.4
509 McMurry
University
TX
51,990
62,235
-16.5
510
Lenoir-Rhyne University
NC
51,921
61,925
-16.2
511 Marietta
College
OH
51,601
66,054
-21.9
512
Converse College
SC
51,523
70,569
-27.0
2009 NACUBO-Commonfund Study of Endowments
© Copyright 2010 National Association of College and University Business Officers and Commonfund Institute.
U.S. and Canadian Institutions Listed by Fiscal Year 2009 Market Value of Endowment Assets and
Percentage Change* in Endowment Market Value from FY 2008 to FY 2009
*Note:
The percentage change does NOT represent the rate of return for the institutionâs investments. Rather, the percentage change
in the market value of an endowment from FY 2008 to FY 2009 reflects the net impact of:
1) withdrawals to fund institutional operations and capital expenses;
2) the payment of endowment management and investment fees;
3) additions from donor gifts and other contributions; and
4) investment gains or losses.
Rank Institution
State/
Province
2009
Endowment
Funds
($000)
2008
Endowment
Funds
($000)
*Percentage
Change
(%)
513
University of St. Thomas (Texas)
TX
51,367
60,647
-15.3
514
Florida Southern College
FL
50,857
67,056
-24.2
515
Maryland Institute College of Art
MD
50,821
57,964
-12.3
516
Appalachian State University and Foundation
NC
50,392
61,954
-18.7
517
Wilson College
PA
50,277
64,145
-21.6
518 Capital
University
OH
49,444
60,476
-18.2
519
South Dakota State University Foundation
SD
49,054
57,097
-14.1
520 Webster
University
MO
48,987
65,695
-25.4
521
California State University, Northridge
CA
48,920
55,379
-11.7
522
Salem Academy and College
NC
48,722
67,532
-27.9
523
Kettering University
MI
48,315
61,030
-20.8
524 Bridgewater
College
VA
48,233
55,570
-13.2
525
Middle Tennessee State University
TN
48,165
57,866
-16.8
526 Lipscomb
University
TN
48,021
72,832
-34.1
527
LaGrange College
GA
47,799
64,149
-25.5
528 Hartwick
College
NY
47,764
63,672
-25.0
529
Hood College
MD
47,488
59,085
-19.6
530
New York Medical College
NY
47,460
60,606
-21.7
531
The University of West Florida Foundation, Inc.
FL
47,437
61,354
-22.7
532 University
of
Georgia
GA
47,330
48,939
-3.3
533
University of Northern British Columbia
#
BC
47,165
52,675
-10.5
534
Northern Arizona University Foundation, Inc.
AZ
46,369
52,348
-11.4
535
Northern Kentucky University Foundation Inc.
KY
46,291
50,445
-8.2
536
Westminster College of Salt Lake City
UT
46,118
62,926
-26.7
537
Ripon College
WI
45,753
55,539
-17.6
538 Muskingum
University
OH
45,491
60,867
-25.3
539
Nazareth University of Rochester
NY
45,280
60,198
-24.8
540 Columbia
College
MO
45,160
42,660
5.9
541
Indiana Wesleyan University
IN
44,853
53,315
-15.9
542
Tennessee Technological University
TN
44,794
55,132
-18.8
543
The Marine Biological Laboratory
MA
44,534
53,273
-16.4
544
Eastern Kentucky University Foundation
KY
44,394
55,092
-19.4
545
Kingâs College
PA
44,187
60,794
-27.3
546 Rider
University
NJ
44,019
56,827
-22.5
547
San Francisco State University Foundation
CA
43,731
47,179
-7.3
548
Augustana College (South Dakota)
SD
43,000
51,000
-15.7
549
Missouri State University Foundation
MO
42,909
54,101
-20.7
550 Shenandoah
University
VA
42,201
48,631
-13.2
551
Elizabethtown College
PA
41,925
51,708
-18.9
552 Monmouth
University
NJ
41,918
55,906
-25.0
553
George Mason University
VA
41,873
53,327
-21.5
554 Warren
Wilson
College
NC
41,777
42,630
-2.0
555
California Lutheran University
CA
41,765
53,972
-22.6
556 Manhattan
College
NY
41,662
48,172
-13.5
2009 NACUBO-Commonfund Study of Endowments
© Copyright 2010 National Association of College and University Business Officers and Commonfund Institute.
U.S. and Canadian Institutions Listed by Fiscal Year 2009 Market Value of Endowment Assets and
Percentage Change in Endowment Market Value from FY 2008 to FY 2009
*Note:
The percentage change does NOT represent the rate of return for the institutionâs investments. Rather, the percentage change
in the market value of an endowment from FY 2008 to FY 2009 reflects the net impact of:
1) withdrawals to fund institutional operations and capital expenses;
2) the payment of endowment management and investment fees;
3) additions from donor gifts and other contributions; and
4) investment gains or losses.
Rank Institution
State/
Province
2009
Endowment
Funds
($000)
2008
Endowment
Funds
($000)
*Percentage
Change
(%)
557
St. Edwardâs University
TX
40,864
53,920
-24.2
558
Ana G. Mendez University System
PR
40,582
43,657
-7.0
559
San Jose State University
CA
40,517
50,108
-19.1
560
Fort Hays State University Foundation
KS
40,510
49,949
-18.9
561
Webb Institute
NY
40,285
56,652
-28.9
562
SUNY Health Science Center at Syracuse
NY
40,237
33,312
20.8
563
Pacific University
OR
39,982
46,976
-14.9
564
Pittsburg State University Foundation
KS
39,903
52,224
-23.6
565
James Madison University Foundation Inc.
VA
39,649
47,371
-16.3
566 Schreiner
University
TX
39,376
46,523
-15.4
567
Purchase College
NY
39,262
47,706
-17.7
568
Bethany College (West Virginia)
WV
39,172
43,831
-10.6
569
Lebanon Valley College
PA
39,154
46,294
-15.4
570
The Moody Bible Institute of Chicago
IL
39,014
45,054
-13.4
571
Oakland University
MI
39,001
50,509
-22.8
572 Westminster
College
(Missouri)
MO
38,912
51,077
-23.8
573
University of Arkansas Fort Smith Foundation, Inc.
AR
38,812
46,007
-15.6
574 Wheelock
College
MA
38,279
49,726
-23.0
575
Peace College
NC
38,159
48,174
-20.8
576 Albright
College
PA
37,975
50,852
-25.3
577
Indiana State University
IN
37,819
49,933
-24.3
578
Seattle Pacific University
WA
37,753
50,954
-25.9
579
Cleveland State University
OH
37,335
41,772
-10.6
580 Graceland
University
IA 37,190 55,033 -32.4
581
Saginaw Valley State University and Foundation
MI
37,003
41,422
-10.7
582
Keck Graduate Institute of Applied Life Sciences
CA
36,936
30,672
20.4
583
Maryville College
TN
36,934
38,182
-3.3
584
St. Bonaventure University
NY
36,820
43,214
-14.8
585
Brock University
#
ON
36,040
32,851
9.7
586
New York Chiropractic College
NY
36,018
45,639
-21.1
587
Nebraska Wesleyan University
NE
35,720
42,974
-16.9
588 Howard
Payne
University
TX
35,670
45,030
-20.8
589
Springfield College
MA
35,620
47,733
-25.4
590 Friends
University
KS
35,399
44,113
-19.8
591
Eastern Michigan University Foundation
MI
35,374
45,247
-21.8
592 Lewis
University
IL
35,028
43,327
-19.2
593
Texas Wesleyan University
TX
34,862
48,363
-27.9
594
Mount Saint Maryâs University
MD
34,806
42,841
-18.8
595
Indiana University of Pennsylvania
PA
34,142
44,348
-23.0
596 Longwood
University
Foundation
+
VA
34,045
39,359
-13.5
597
DeSales University
PA
33,955
43,470
-21.9
598 Western
Carolina
University
NC
33,858
35,189
-3.8
599
Carthage College
WI
33,693
43,449
-22.5
600 Salve
Regina
University
RI
33,535
41,086
-18.4
2009 NACUBO-Commonfund Study of Endowments
© Copyright 2010 National Association of College and University Business Officers and Commonfund Institute.
U.S. and Canadian Institutions Listed by Fiscal Year 2009 Market Value of Endowment Assets and
Percentage Change* in Endowment Market Value from FY 2008 to FY 2009
*Note:
The percentage change does NOT represent the rate of return for the institutionâs investments. Rather, the percentage change
in the market value of an endowment from FY 2008 to FY 2009 reflects the net impact of:
1) withdrawals to fund institutional operations and capital expenses;
2) the payment of endowment management and investment fees;
3) additions from donor gifts and other contributions; and
4) investment gains or losses.
Rank Institution
State/
Province
2009
Endowment
Funds
($000)
2008
Endowment
Funds
($000)
*Percentage
Change
(%)
601
Aurora University
IL
33,428
40,771
-18.0
602
Georgian Court University
NJ
33,343
37,700
-11.6
603
Eastern Illinois University
IL
33,309
47,421
-29.8
604
Florida Institute of Technology
FL
32,834
42,289
-22.4
605
Northern Illinois University Foundation
IL
32,504
39,316
-17.3
606
Eastern Virginia Medical School Foundation
VA
32,132
39,932
-19.5
607
Ferrum College
VA
31,813
41,472
-23.3
608 Northwestern
College
IA
31,731
39,242
-19.1
609
Georgia Southern University
GA
31,689
38,419
-17.5
610
Western New England College
MA
31,548
41,783
-24.5
611
Manchester College
IN
31,349
39,428
-20.5
612
San Francisco Conservatory of Music
CA
31,348
34,155
-8.2
613
Morningside College
IA
31,298
35,276
-11.3
614
California State University, Long Beach
CA
31,070
36,616
-15.1
615
College of Saint Benedict
MN
30,985
37,793
-18.0
616
Arkansas State University Foundation, Inc.
AR
30,881
40,827
-24.4
617
Mary Baldwin College
VA
30,838
40,307
-23.5
618 Houghton
College
NY
30,509
42,339
-27.9
619
Bethune-Cookman University
FL
30,366
39,608
-23.3
620 High
Point
University
NC
30,060
43,078
-30.2
621
Erikson Institute
IL
29,583
32,002
-7.6
622
Columbus State University
GA
29,255
31,614
-7.5
623
Bellarmine University
KY
29,046
35,785
-18.8
624 University
of
Wyoming
WY
29,034
29,024
0.0
625
University of Mary Washington
VA
28,897
33,210
-13.0
626
The Cleveland Institute of Music
OH
28,841
38,064
-24.2
627
Gannon University
PA
28,757
35,991
-20.1
628
Maryville University (Missouri)
MO
28,754
39,419
-27.1
629
Bethany Lutheran College
MN
28,730
46,035
-37.6
630
St. Thomas University
#
NB
28,609
32,270
-11.3
631
FCCJ Foundation Inc.
FL
28,470
35,266
-19.3
632 Portland
State
University
OR
28,161
36,142
-22.1
633
The University of Charleston
WV
28,118
35,328
-20.4
634
Indiana Institute of Technology
IN
28,061
34,098
-17.7
635
Murray State University Foundation Inc.
KY
27,881
30,594
-8.9
636
Franciscan University of Steubenville OH
27,864
35,486
-21.5
637
Shippensburg University Foundation
PA
27,851
34,290
-18.8
638
Tennessee State University Foundation
TN
27,786
30,832
-9.9
639
Towson University Foundation
MD
27,775
33,164
-16.2
640 Elmira
College
NY
27,692
39,451
-29.8
641
California State University, Pomona
CA
27,636
33,364
-17.2
642 Asbury
College
KY
27,615
33,449
-17.4
643
Radford University Foundation Inc.
VA
27,389
34,648
-21.0
2009 NACUBO-Commonfund Study of Endowments
© Copyright 2010 National Association of College and University Business Officers and Commonfund Institute.
U.S. and Canadian Institutions Listed by Fiscal Year 2009 Market Value of Endowment Assets and
Percentage Change* in Endowment Market Value from FY 2008 to FY 2009
*Note:
The percentage change does NOT represent the rate of return for the institutionâs investments. Rather, the percentage
change in the market value of an endowment from FY 2008 to FY 2009 reflects the net impact of:
1) withdrawals to fund institutional operations and capital expenses;
2) the payment of endowment management and investment fees;
3) additions from donor gifts and other contributions; and
4) investment gains or losses.
Rank Institution
State/
Province
2009
Endowment
Funds
($000)
2008
Endowment
Funds
($000)
*Percentage
Change
(%)
644
Western Washington University Foundation
WA
26,813
29,141
-8.0
645
State University College at Oneonta Foundation Corp.
NY
26,425
28,483
-7.2
646
University of La Verne
CA
26,284
32,098
-18.1
647 Andrews
University
MI
26,269
29,496
-10.9
648
Sonoma State University Academic Foundation
CA
26,037
35,602
-26.9
649 Golden
Gate
University
CA
25,775
31,481
-18.1
650
McPherson College
KS
25,567
31,291
-18.3
651
Ferris State University and Foundation
MI
25,142
33,717
-25.4
652
Barry University
FL
25,088
28,376
-11.6
653
New College Foundation
FL
25,005
33,314
-24.9
654
Kentucky Community & Technical College System
KY
24,877
27,098
-8.2
655
University at Albany Foundation
NY
24,764
26,782
-7.5
656
Augsburg College
MN
24,734
31,844
-22.3
657
The University of the Arts
PA
24,551
25,109
-2.2
658
Central Methodist University
MO
24,500
27,700
-11.6
659
Minnesota State University Mankato
MN
24,434
28,809
-15.2
660
Freed-Hardeman University
TN
24,390
33,295
-26.7
661
University of Wisconsin-Eau Claire Foundation
WI
24,002
28,608
-16.1
662
Clarke College
IA
23,983
23,639
1.5
663 Marywood
University
PA
23,948
28,288
-15.3
664
Viterbo University, Inc.
WI
23,942
24,040
-0.4
665
Foundation for Santa Barbara City College
CA
23,550
21,898
7.5
666
Heidelberg College
OH
23,371
31,967
-26.9
667
The College of Saint Rose
NY
23,303
25,961
-10.2
668
Graduate Theological Union
CA
23,289
31,398
-25.8
669 Jacksonville
University
1
FL
23,269
57,697
-59.7
670
Brenau University
GA
23,225
32,046
-27.5
671 Kentucky
Wesleyan
University
KY
23,197
26,961
-14.0
672
Lutheran School of Theology at Chicago
IL
23,134
27,376
-15.5
673 Rivier
College
NH
23,013
27,631
-16.7
674
National-Louis University
IL
22,925
23,211
-1.2
675 Wilmington
College
OH
22,888
26,581
-13.9
676
Iona College
NY
22,495
25,745
-12.6
677 Lasell
College
MA
22,368
26,862
-16.7
678
Southern New Hampshire University
NH
22,247
27,125
-18.0
679 Cazenovia
College
NY
21,917
28,327
-22.6
680
University of Central Missouri Foundation
MO
21,897
27,075
-19.1
681 Jamestown
College
ND
21,633
25,072
-13.7
682
Rocky Mountain College
MT
21,566
26,732
-19.3
683 Troy
University
AL
21,434
27,135
-21.0
1
This decline is materially due to an $18 million transfer from the quasi-endowment to fund capital projects and required debt reserves.
2009 NACUBO-Commonfund Study of Endowments
© Copyright 2010 National Association of College and University Business Officers and Commonfund Institute.
U.S. and Canadian Institutions Listed by Fiscal Year 2009 Endowment Market Value and Percentage
Change* in Endowment Market Value from FY 2008 to FY 2009
*Note:
The percentage change does NOT represent the rate of return for the institutionâs investments. Rather, the percentage
change in the market value of an endowment from FY 2008 to FY 2009 reflects the net impact of:
1) withdrawals to fund institutional operations and capital expenses;
2) the payment of endowment management and investment fees;
3) additions from donor gifts and other contributions; and
4) investment gains or losses.
Rank Institution
State/
Province
2009
Endowment
Funds
($000)
2008
Endowment
Funds
($000)
*Percentage
Change
(%)
684
College of St. Scholastica
MN
21,246
26,503
-19.8
685
St. Cloud State University Foundation, Inc.
MN
21,187
24,361
-13.0
686
University of North Carolina at Asheville
NC
21,119
24,762
-14.7
687 Colby-Sawyer
College
NH
21,117
25,537
-17.3
688
Endicott College
MA
21,110
25,126
-16.0
689
Sinclair Community College Foundation
OH
21,049
26,093
-19.3
690
Montana Tech Foundation
MT
20,823
25,205
-17.4
691 McKendree
University
IL
20,729
24,214
-14.4
692
Gordon College
MA
20,645
27,782
-25.7
693 University
of
Mary
ND
20,552
24,285
-15.4
694
St. Johnâs College-Santa Fe
NM
20,480
25,654
-20.2
695 Mercy
College
NY
20,377
27,904
-27.0
696
King College
TN
20,355
26,675
-23.7
697 Aquinas
College
MI
20,246
22,636
-10.6
698
Fairleigh Dickinson University
NJ
20,072
23,756
-15.5
699 Harrisburg
Area
Community
College
PA
20,035
24,455
-18.1
700
Daytona State College Foundation, Inc.
FL
19,894
27,690
-28.2
701 Northampton
Community
College
PA
19,838
22,672
-12.5
702
Saint Francis University
PA
19,823
23,547
-15.8
703
California State University Sacramento
CA
19,712
21,412
-7.9
704
Winston-Salem State University and Foundation
NC
19,624
24,763
-20.8
705
Western Illinois University Foundation
IL
19,605
23,789
-17.6
706
Concordia UniversityâSaint Paul
MN
19,441
22,452
-13.4
707
Southern Adventist University
TN
19,369
23,656
-18.1
708
Averett University
VA
19,293
24,264
-20.5
709
Cal State Fullerton Philanthropic Foundation
CA
18,960
20,022
-5.3
710
Cardinal Stritch University
WI
18,935
23,169
-18.3
711 Marist
College
NY
18,659
19,184
-2.7
712
College of Mount St. Joseph
OH
18,658
24,201
-22.9
713 Philadelphia
University
PA
18,620
25,236
-26.2
714
Covenant College
GA
18,569
25,173
-26.2
715 Shepherd
University
WV
18,415
18,128
1.6
716
Ohio Dominican University
OH
18,314
20,772
-11.8
717 Mercyhurst
College
PA
18,236
22,785
-20.0
718
Wisconsin Lutheran College, Inc.
WI
18,140
24,368
-25.6
719 Carroll
College
MT
18,117
23,643
-23.4
720
Loras College
IA
18,117
26,048
-30.4
721 Pacific
Union
College
CA
17,967
17,398
3.3
722
Marymount University
VA
17,893
22,149
-19.2
723
Georgia Southwestern Foundation Inc.
GA
17,772
22,637
-21.5
724
College of New Rochelle
NY
17,137
20,249
-15.4
725 Dominican
University
IL
16,763
20,842
-19.6
2009 NACUBO-Commonfund Study of Endowments
© Copyright 2010 National Association of College and University Business Officers and Commonfund Institute.
U.S. and Canadian Institutions Listed by Fiscal Year 2009 Endowment Market Value and Percentage
Change* in Endowment Market Value from FY 2008 to FY 2009
*Note:
The percentage change does NOT represent the rate of return for the institutionâs investments. Rather, the percentage
change in the market value of an endowment from FY 2008 to FY 2009 reflects the net impact of:
1) withdrawals to fund institutional operations and capital expenses;
2) the payment of endowment management and investment fees;
3) additions from donor gifts and other contributions; and
4) investment gains or losses.
Rank Institution
State/
Province
2009
Endowment
Funds
($000)
2008
Endowment
Funds
($000)
*Percentage
Change
(%)
726
Central Piedmont Community College Foundation
NC
16,725
22,640
-26.1
727 Alverno
College
WI
16,700
25,919
-35.6
728
William Mitchell College of Law
MN
16,512
20,118
-17.9
729
Rhode Island College Foundation
RI
16,367
20,133
-18.7
730
Robert Morris University
PA
16,146
20,476
-21.1
731 George
Fox
University
OR
16,046
20,515
-21.8
732
Culver-Stockton College
MO
15,826
20,906
-24.3
733 Utica
College
NY
15,796
17,854
-11.5
734
Eastern Mennonite University
VA
15,796
22,746
-30.6
735
College of Saint Elizabeth
NJ
15,789
21,047
-25.0
736
Mount Mercy College
IA
15,709
21,766
-27.8
737 Humboldt
State
University
CA
15,700
18,447
-14.9
738
Mid-America Baptist Theological Seminary
TN
15,552
18,256
-14.8
739
Saint Joseph College
CT
15,503
18,110
-14.4
740
Faulkner University
AL
15,439
17,717
-12.9
741 Misericordia
University
PA
15,333
17,676
-13.3
742
Southern California College of Optometry
CA
15,327
18,456
-17.0
743
Franklin Pierce Law Center
NH
15,176
17,982
-15.6
744
Upper Iowa University
IA
15,000
16,000
-6.3
745
Pacific Northwest College of Art
OR
14,960
8,774
70.5
746
Trevecca Nazarene University
TN
14,834
17,994
-17.6
747
Buffalo State College Foundation, Inc.
NY
14,759
18,100
-18.5
748
Northland College
WI
14,623
18,457
-20.8
749
Delaware Valley College of Science and Agriculture
PA
14,592
18,483
-21.1
750
Thunderbird School of Global Management
AZ
14,571
20,373
-28.5
751
Southern Arkansas University Foundation
AR
14,490
16,987
-14.7
752
Cedar Crest College
PA
14,473
18,139
-20.2
753
Bridgewater State College and Foundation
MA
14,413
17,542
-17.8
754
Paul Smithâs College of Arts and Sciences
NY
14,379
17,931
-19.8
755
The Cedarville University
OH
14,351
17,679
-18.8
756
SUNY Potsdam College Foundation, Inc.
NY
14,128
17,482
-19.2
757
Spartanburg Methodist College
SC
13,937
18,409
-24.3
758
Virginia State University
VA
13,821
16,106
-14.2
759
Olivet Nazarene University Foundation
IL
13,631
17,384
-21.6
760
Neumann University
PA
13,457
13,324
1.0
761
Foundation for the California State University, San
Bernardino
CA 13,401 14,190
-5.6
762
Methodist University, Inc.
NC
13,393
15,759
-15.0
763
Foothill-De Anza Community Colleges Foundation
CA
13,338
16,556
-19.4
764
Regis College
MA
13,309
13,637
-2.4
765
Thomas M. Cooley Law School
MI
13,291
16,203
-18.0
2009 NACUBO-Commonfund Study of Endowments
© Copyright 2010 National Association of College and University Business Officers and Commonfund Institute.
U.S. and Canadian Institutions Listed by Fiscal Year 2009 Endowment Market Value and Percentage
Change* in Endowment Market Value from FY 2008 to FY 2009
*Note:
The percentage change does NOT represent the rate of return for the institutionâs investments. Rather, the percentage
change in the market value of an endowment from FY 2008 to FY 2009 reflects the net impact of:
1) withdrawals to fund institutional operations and capital expenses;
2) the payment of endowment management and investment fees;
3) additions from donor gifts and other contributions; and
4) investment gains or losses.
Rank Institution
State/
Province
2009
Endowment
Funds
($000)
2008
Endowment
Funds
($000)
*Percentage
Change
(%)
766
California State University, Los Angeles
CA
13,224
15,091
-12.4
767
Stephen F. Austin State University
TX
13,192
13,785
-4.3
768
Mount Aloysius College
PA
13,182
15,196
-13.3
769
California State University, Bakersfield Foundation
CA
13,013
16,415
-20.7
770
California State University San Marcos
CA
12,992
16,283
-20.2
771
Walla Walla University
WA
12,725
14,784
-13.9
772
Defiance College
OH
12,519
15,428
-18.9
773
The College of New Jersey Foundation Inc.
NJ
12,413
9,730
27.6
774
West Chester University Foundation
PA
12,338
14,417
-14.4
775
Fayetteville State University
NC
12,112
12,497
-3.1
776
St. Thomas University
FL
12,006
13,806
-13.0
777 Jackson
State
University
MS
12,000
N/A
NA
778
Roberts Wesleyan College
NY
11,917
15,393
-22.6
779
Tri-County Technical College
SC
11,913
15,720
-24.2
780
Southern Illinois University at Edwardsville
IL
11,852
13,817
-14.2
781 Grand
View
University
IA
11,817
11,494
2.8
782
Northern Michigan University
MI
11,733
15,000
-21.8
783 SUNY
Cortland
NY
11,704
12,701
-7.9
784
Peirce College
PA
11,702
13,935
-16.0
785
Stephen F. Austin University Foundation, Inc.
TX
11,522
13,358
-13.7
786
Empire State College Foundation
NY
10,952
13,523
-19.0
787
The University Corporation at CSU Northridge
CA
10,870
13,563
-19.9
788
Plattsburgh College Foundation, Inc.
NY
10,331
13,479
-23.4
789
Broome Community College Foundation, Inc.
NY
10,063
12,838
-21.6
790
Five Colleges, Inc.
MA
10,026
12,058
-16.9
791
Worcester State Foundation Inc.
MA
9,992
12,142
-17.7
792
Orange Coast College Foundation
CA
9,978
11,090
-10.0
793
Golden Gate Baptist Theological Seminary
CA
9,925
11,855
-16.3
794
Delta College
MI
9,908
12,328
-19.6
795 Northwestern
Michigan
College
MI
9,718
11,723
-17.1
796
Edinboro University Foundation
PA
9,693
10,454
-7.3
797
St. Mary of the Woods College
IN
9,622
12,665
-24.0
798
Pacific Lutheran Theological Seminary
CA
9,500
12,500
-24.0
799
North Iowa Area Community College Foundation
IA
9,314
8,689
7.2
800
Cabrini College
OH
9,305
9,983
-6.8
801 Shawnee
State
University
OH
9,300
11,854
-21.5
802
Lakeland College
WI
9,287
11,579
-19.8
803
Alamo Community College District
TX
9,228
13,827
-33.3
804
Mount Ida College
MA
9,055
10,762
-15.9
805
Holy Family University
PA
8,923
9,350
-4.6
806
Dickinson State University Foundation, Inc.
ND
8,897
8,647
2.9
807 Wayne
State
Foundation
NE
8,497
9,968
-14.8
2009 NACUBO-Commonfund Study of Endowments
© Copyright 2010 National Association of College and University Business Officers and Commonfund Institute.
U.S. and Canadian Institutions Listed by Fiscal Year 2009 Endowment Market Value and Percentage
Change* in Endowment Market Value from FY 2008 to FY 2009
*Note:
The percentage change does NOT represent the rate of return for the institutionâs investments. Rather, the percentage
change in the market value of an endowment from FY 2008 to FY 2009 reflects the net impact of:
1) withdrawals to fund institutional operations and capital expenses;
2) the payment of endowment management and investment fees;
3) additions from donor gifts and other contributions; and
4) investment gains or losses.
Rank Institution
State/
Province
2009
Endowment
Funds
($000)
2008
Endowment
Funds
($000)
*Percentage
Change
(%)
808
Cambridge College
MA
8,459
9,667
-12.5
809
California State University, Stanislaus
CA
8,422
11,085
-24.0
810
Pensacola Junior College Foundation
FL
8,080
7,907
2.2
811
Austin Peay State University Foundation
TN
7,995
9,516
-16.0
812
Oswego College Foundation, Inc.
NY
7,936
8,739
-9.2
813
California State University Office of the Chancellor
CA
7,913
9,210
-14.1
814
Lubbock Christian University
TX
7,744
9,471
-18.2
815
Trinity Western University
BC
7,728
8,765
-11.8
816
California State University Monterey Bay
CA
7,676
7,015
9.4
817
Central Oregon Community College Foundation
OR
7,402
9,189
-19.4
818
Middlesex Community College Foundation
NJ
7,356
8,875
-17.1
819 Briar
Cliff
University
IA
7,211
8,737
-17.5
820
Olivet College
MI
7,097
9,433
-24.8
821 Massachusetts
Maritime
Academy
MA
7,088
7,220
-1.8
822
Southern Connecticut State University Foundation
CT
7,050
12,327
-42.8
823
Fitchburg State College Foundation
MA
7,017
6,819
2.9
824
University of Southern Nevada
NV
6,845
7,896
-13.3
825 Boston
Architectural
College
MA
6,733
8,152
-17.4
826
Lake City Community College Foundation, Inc.
FL
6,620
8,030
-17.6
827
California State University, Channel Islands
CA
6,242
7,253
-13.9
828
Keystone College
PA
6,071
8,146
-25.5
829
California State University Dominguez Hills Foundation
CA
6,033
6,567
-8.1
830
Holyoke Community College Foundation
MA
5,868
6,990
-16.0
831 Hesston
College
KS
5,838
8,406
-30.5
832
College of Mount St. Vincent
NY
5,824
7,249
-19.7
833 Nichols
College
MA
5,819
6,647
-12.5
834
Schoolcraft College Foundation
MI
5,640
6,512
-13.4
835
Austin Peay State University
TN
5,580
6,646
-16.0
836
College of DuPage Foundation
IL
5,536
5,995
-7.6
837
Centralia College Foundation
WA
5,500
5,167
6.4
838
Gulf Coast Community College Foundation
FL
5,284
6,413
-17.6
839
South Plains College Foundation
TX
5,228
5,684
-8.0
840
Northeast State Technical Community College
Foundation
TN
5,073
5,025
1.0
841 LeTourneau
University
TX
5,041
6,653
-24.2
842
Ventura College Foundation
CA
4,967
5,583
-11.0
843
Holyoke Community College
MA
4,948
6,175
-19.9
844
Denver Seminary
CO
4,923
6,111
-19.5
845
Foundation for Reading Area Community College
PA
4,893
5,930
-17.5
846
Cornerstone University
MI
4,577
6,201
-26.2
847 SUNY
Brockport
NY
4,361
4,147
5.2
848
Mitchell College
CT
4,289
5,341
-19.7
2009 NACUBO-Commonfund Study of Endowments
© Copyright 2010 National Association of College and University Business Officers and Commonfund Institute.
U.S. and Canadian Institutions Listed by Fiscal Year 2009 Endowment Market Value and Percentage
Change in Endowment Market Value from FY 2008 to FY 2009
*Note:
The percentage change does NOT represent the rate of return for the institutionâs investments. Rather, the percentage
change in the market value of an endowment from FY 2008 to FY 2009 reflects the net impact of:
1) withdrawals to fund institutional operations and capital expenses;
2) the payment of endowment management and investment fees;
3) additions from donor gifts and other contributions; and
4) investment gains or losses.
Rank Institution
State/
Province
2009
Endowment
Funds
($000)
2008
Endowment
Funds
($000)
*Percentage
Change
(%)
849
Midlands Technical College
SC
4,170
4,961
-16.0
850
Harford Community College
MD
4,059
4,901
-17.2
851
Pellisssippi State Community College Foundation
TN
3,968
4,892
-18.9
852
Tidewater Community College Educational Foundation
VA
3,818
3,674
3.9
853
J. Sargeant Reynolds Community College Foundation
VA
3,603
4,575
-21.2
854 LaRoche
College
PA
3,392
4,108
-17.4
855
West Virginia State University Foundation
WV
3,218
3,539
-9.1
856
McLennan Community College Foundation
TX
2,930
3,260
-10.1
857
Music Institute of Chicago
IL
2,695
3,405
-20.9
858
College of St. Joseph
VT
2,606
2,809
-7.2
859
Kilgore College
TX
2,447
2,607
-6.1
860
Naval Postgraduate School Foundation, Inc.
CA
2,178
2,615
-16.7
861
California Maritime Academy
CA
1,882
1,845
2.0
862
Monterey Peninsula College Foundation
CA
1,766
2,445
-27.8
863
Fitchburg State College
MA
681
743
-8.4
864
Georgia Perimeter College
GA
598
596
0.3
Average
--
373,384
484,758
-23.0
Median
-- 67,644 82,422 -17.9
+
Endowment market value data received in February 2010. No data from this institution are included with the 842
U.S. respondents in the full 2009 NCSE report.
++
Endowment market value data revised in February 2010. Revised market value data are not included with the 842
U.S. respondents in the full 2009 NCSE report.
#
Endowment market value data for Canadian institutions are expressed in U.S. dollars. Data for all Canadian
institutions will be included in the 2009 NCSE report for Canadian institutions.
+++
Endowment market value data received in February 2010; institutional data will be included in the 2009 NCSE
report for Canadian institutions.