“Other than the upturn at the University of Texas system, which saw a jump of 16.4 percent, the list of the wealthiest schools stayed mostly the same. Behind Yale were Stanford and Princeton universities, with more than $25 billion, while the Massachusetts Institute of Technology and the University of Pennsylvania each topped $13 billion.
But the vast majority of endowments were much smaller. More than half of the schools surveyed had endowments of less than $200 million, resulting in an overall median of $140 million.”
For some schools the endowment payout covers half their budget, while for others it’s less than 10 percent.
It’s not about how much you have but also how much you spend.
Post by Marcelino Pantoja