How big is the Drexel University endowment?

Drexel's Investment Office manages two endowments, one for the University and one for the Academy of Natural Sciences. Together, these endowments are about $1 billion in total.

How big is Drexel endowment?

In 2021, Drexel University's endowment surpassed $1 billion for the first time, increasing Drexel's ability to support and expand its academic and research goals for current and future generations and validating the University's strategy for managing its financial assets.

Which US University has the largest endowment?

Harvard University, with a $49.495 billion endowment as of FY2023, is the wealthiest university in the world. The National Association of College and University Business Officers (NACUBO) maintains information on endowments at U.S. higher education institutions by fiscal year (FY).

How big is MIT endowment?

At the end of the fiscal year, MIT's endowment funds totaled $23.5 billion, excluding pledges. MIT's endowment is intended to support current and future generations of MIT scholars with the resources needed to advance knowledge, research, and innovation.

How big is the Oxford University endowment?

The University has endowment assets of £1.7bn. Individual colleges have their own endowment assets, which amount to £6.4 bn.

University Endowments Change the Way They're Investing

What is Boston College's endowment?

Last year, BC's endowment reached its record-high of $3.8 billion after a $1.2 billion jump from 2020. BC no longer discloses its investment portfolio, but most modern endowments invest in a variety of assets, including stocks, bonds, and real estate, among others.

What is Stanford's endowment?

Endowment. Stanford's $36.5 billion endowment (as of Aug. 31, 2023) provides an enduring source of financial support for fulfillment of the university's mission of teaching, learning and research. It disbursed a $1.7 billion payout to support vital academic programs and financial aid during the fiscal year.

How large is the Upenn endowment?

Penn's endowment is $20.7 billion, making it the sixth-wealthiest private academic institution in the nation as of 2022. In 2021, it ranked 4th among American universities in research expenditures according to the National Science Foundation.

How big is Cornell endowment?

The Cornell University campus in Ithaca, New York.

What is Princeton's endowment?

University President Christopher Eisgruber '83 wrote in a statement that “Andy Golden's achievements are the stuff of legend.” According to an announcement from the Office of Communications on Wednesday, Oct. 25, the current endowment value stands at $34.1 billion for the fiscal year that ended on June 30, 2023.

What is the endowment of Cornell University?

Cornell's endowment achieved a 3.6% return in the fiscal year ending June 30, adding a net investment gain of $355 million to finish the year valued at just over $10 billion, according to the Office of University Investments.

How big is Dartmouth endowment?

Dartmouth Announces Endowment Return

After a year that underscores the importance of diversification and a focus on long-term investment results, the endowment's market value stands at $7.9 billion as of June 30, 2023.

What is Notre Dame's endowment?

The endowment provides funding for world-class faculty, but also for library holdings, ongoing and new research programs, institutes and centers devoted to pressing issues of the day.

Why is Drexel University so expensive?

Drexel University is a private institution, which means it does not receive state funding. As a result, it relies on tuition revenue to cover its operating costs.

Is Drexel prestigious?

Drexel is ranked among the Top 40 Comprehensive Research Universities in the U.S. by the Department of Education in its 2022 College Scorecard. According to U.S. News & World Reports, Drexel is in the Top 50 Private Universities in the United States.

Is Drexel the most expensive college?

Wiki Takes Philadelphia (image), Jason Henry McCormick/CBS (copy) Room, board, tuition and other required fees at Drexel University cost $57,975, which ranks eighth highest in fees this school year on CampusGrotto.com's annual list of the most expensive colleges.

What is Dartmouth endowment?

The endowment provides maximum sustainable financial support to Dartmouth to serve its mission in perpetuity. Core to the endowment's purpose is balancing the interests of current and future generations of Dartmouth students.

How big is Yale endowment?

As of June 30, 2022, the endowment was valued at $41.383 billion.

How much is NYU endowment?

How large is NYU's endowment? At August 31, 2023, the value of the total Endowment stood at $5.9 billion. What percentage of NYU's operating budget does the Endowment fund? Total distributions from the endowment represent approximately 4% of the annual operating budget.

How big is Berkeley endowment?

More than 63,000 donors — including alumni, parents, corporations, and foundations — gave over $1.2 billion in gifts, pledges, and private grants in the 2021–22 fiscal year. The university's $6.95 billion endowment is the solid foundation upon which Berkeley's excellence is built.

How much is the endowment at Yale?

After spending distributions of $1.8 billion to the operating budget and the receipt of $292 million in gifts, the endowment value decreased from $41.4 billion on June 30, 2022 to $40.7 billion on June 30, 2023. The endowment provides crucial support to Yale.

What is Vanderbilt's endowment for 2023?

Vanderbilt reported an annual endowment of $9.7 billion in its 2023 financial report, down from $10.2 billion in 2022. The university experienced its second year of negative returns on its endowment following a 4.4% decline the year prior.