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US University Endowments

Wikipedia actually has a list. These are for the fiscal year end 2005, but so pretty recent figures.

Rank Institution Endowment
1 Harvard University $25.474B
2 Yale University $15.225B
3 Stanford University $12.205B
4 University of Texas System $11.611B
5 Princeton University $11.207B

Even more amazing if you adjust for the total number of students although not super fair since undergraduates in my experience give way more than graduate school types:

Rank Institution Endowment per Student
1. Princeton University $1,678,406
2. Yale University $1,328,552
3. Harvard University $1,278,283
4. Grinnell College $893,666
5. Baylor College of Medicine $891,825

On a returns basis, Bloomberg reports that Yale did the best although everyone had a banner 2005. What's amazing though is that this is the back of a 2004 year that was even better.

InstitutionFund Size'05 Return'04 Return
Yale University$15.2 Bln22.3%19.4%
Stanford University$12.4 Bln19.5%18.0%
Harvard University$25.9 Bln19.2%21.1%
University of Notre Dame$4.1 Bln19.1%20.3%
University of Michigan$4.9 Bln19.1%20.7%
University of Chicago$4.1 Bln18.1%16.6%
Duke University$3.8 Bln18.1%18.0%
Vanderbilt University$2.6 Bln17.9%16.9%
Univ. of Southern California$2.3 Bln17.8%16.9%
Columbia University$4.9 Bln17.7%16.9%
MIT$6.7 Bln17.6%18.1%
Princeton University$11.2 Bln17.0%16.5%

In terms of asset allocation, Yale had 25% in hedge funds, 25% in tangible assets like real estate, timber and energy, 17% in private equity and 31% in stocks. The rumble is that a combination of Google plus oil & gas assets really drove returns.

Here was the base data:

InstitutionFund Size'05 Return'04 Return
Harvard University$25.9 Bln19.2%21.1%
Yale University$15.2 Bln22.3%19.4%
Stanford University$12.4 Bln19.5%18.0%
University of Texas$11.6 Bln13.6%20.1%
Princeton University$11.2 Bln17.0%16.5%
MIT$6.7 Bln17.6%18.1%
University of California$5.2 Bln10.3%14.7%
Texas A&M University$5.0 Bln9.7%21.0%
University of Michigan$4.9 Bln19.1%20.7%
Columbia University$4.9 Bln17.7%16.9%
University of Pennsylvania$4.4 Bln8.5%16.9%
Washington Univ. (St. Louis)$4.4 Bln10.0%18.2%
Emory University$4.4 Bln6.8%14.6%
Northwestern University$4.2 Bln15.1%19.2%
University of Notre Dame$4.1 Bln19.1%20.3%
University of Chicago$4.1 Bln18.1%16.6%
Cornell University$3.9 Bln13.6%16.1%
Duke University$3.8 Bln18.1%18.0%
Rice University$3.6 Bln13.6%17.2%
Dartmouth College$2.7 Bln14.4%18.6%
University of Virginia$2.6 Bln14.3%12.7%
Vanderbilt University$2.6 Bln17.9%16.9%
Univ. of Southern California$2.3 Bln17.8%16.9%
Johns Hopkins University$2.0 Bln9.6%15.3%
Brown University$1.9 Bln13.3%16.3%

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