Largest endowments at colleges and universities, fiscal 2012

The 2012 NACUBO-Commonfund Study of Endowments shows the higher-education institutions whose endowments have the largest market value. NACUBO says the results are based on 831 U.S. college and university endowments and affiliated foundations, representing more than $406 billion in endowment assets.

Rank InstitutionLocation20122011Change
1 Harvard UniversityCambridge, MA$30.4 billion$31.7 billion-4.1%
2Yale UniversityNew Haven, CT$19.3 billion$19.4 billion-0.1%
3University of Texas SystemAustin, TX$18.3 billion$17.1 billion6.5%
4Stanford UniversityStanford, CA$17.0 billion$16.5 billion3.2%
5Princeton UniversityPrinceton, NJ$17.0 billion$17.1 billion-0.9%
6Massachusetts Institute of TechnologyCambridge, MA$10.1 billion$9.7 billion4.5%
7University of MichiganAnn Arbor, MI$7.7 billion$7.8 billion-1.8%
8Columbia University New York City$7.7 billion$7.9 billion-1.7%
9Texas A&M University System & FoundationsCollege Station, TX$7.6 billion$7.0 billion9.1%
10Northwestern UniversityEvanston, IL$7.1 billion $7.2 billion-0.9%

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