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Endowments by size
The size directory uses FY2025 NACUBO market values in U.S. dollars. Each page gives a common-year table and links to institution profiles where available. Five broad groups cover every survey respondent, from under $100 million to $10 billion and above; four narrower pages help compare institutions within the larger groups. These pages overlap and their totals should not be added together.
| Size page | Respondents | FY2025 total, USD millions | Largest respondent |
|---|---|---|---|
| Endowments over $5 billion | 32 | 546,957.640 | Harvard University |
| Endowments from $1 billion to $5 billion | 133 | 277,334.369 | University of Wisconsin Foundation |
| Endowments from $500 million to under $1 billion | 75 | 55,861.800 | Carnegie Institution of Washington |
| Endowments of $10 billion or more | 21 | 466,926.018 | Harvard University |
| Endowments over $5 billion and under $10 billion | 11 | 80,031.622 | University of Southern California |
| Endowments from $2 billion to $5 billion | 57 | 172,317.479 | University of Wisconsin Foundation |
| Endowments from $1 billion to under $2 billion | 76 | 105,016.890 | The University of Texas M.D. Anderson Cancer Center |
| Endowments from $100 million to under $500 million | 264 | 63,802.787 | University of Puget Sound |
| Endowments under $100 million | 174 | 9,706.068 | Converse University |
Source: FY2025 endowment market values.
Size bands make balance comparisons easier, while investment programs remain institution specific. Donor restrictions, annual budget reliance and liquidity obligations can differ within a band. NCSE's published size-band returns and allocation averages are a separate statistical comparison; the profile pages label those averages as survey data.
A university's newer official annual report can contain a different fiscal year or a different pool of assets. The tables here retain the common FY2025 survey base. That preserves the meaning of a size ranking while allowing the profiles to describe later disclosures.
Sources
| Reference | URL |
|---|---|
| Public source 1 | https://edge.sitecorecloud.io/nacubo1-nacubo-prd-dc8b/media/Nacubo/Documents/EndowmentFiles/2025-NCSE-Endowment-Market-Values-for-US-and-Canadian-Institutions-FINAL.xlsx |
