Massachusetts endowments

Massachusetts endowments covers 30 FY2025 survey respondents with combined reported endowment assets of USD 118,872.191 million. Harvard University has the largest value in this selection, USD 55,670.339 million, representing 46.83% of its total. All values use the same published NACUBO survey year.

This state list follows the location field for each survey respondent. For Massachusetts, a foundation or system office may be the reporting address for assets serving several campuses. The location identifies the respondent and does not allocate every dollar to the city where it is headquartered. Public and private respondents appear together to show the range of institutional structures in the state.

Survey rankInstitution or respondentState / provinceFY2025, USD millionsFY2024, USD millions
1Harvard UniversityMA55,670.33951,977.208
5Massachusetts Institute of TechnologyMA27,366.23924,572.716
39Boston CollegeMA4,236.2003,777.900
41Boston UniversityMA4,016.1423,536.713
43Williams CollegeMA3,931.2473,655.558
44Amherst CollegeMA3,898.6713,549.576
54Wellesley CollegeMA3,185.2713,005.052
63Smith CollegeMA2,709.5302,564.123
64Tufts UniversityMA2,707.0422,533.755
98University of Massachusetts FoundationMA1,801.2601,546.918
123Brandeis UniversityMA1,357.2671,264.908
139College of the Holy CrossMA1,207.6911,109.264
141Mount Holyoke CollegeMA1,180.2651,101.548
194Babson CollegeMA811.466739.532
203Whitehead Institute for Biomedical ResearchMA750.335715.839
207Worcester Polytechnic InstituteMA733.903682.734
240Clark UniversityMA501.327486.846
255Berklee College of MusicMA465.524426.423
277Bentley UniversityMA390.389362.644
307Stonehill CollegeMA326.474306.929
324Emerson CollegeMA292.994264.748
328Wheaton College (MA)MA287.390272.797
339Suffolk UniversityMA260.496252.034
344Simmons UniversityMA253.622249.717
400Emmanuel CollegeMA176.108173.207
415Endicott CollegeMA163.509146.734
573Dean CollegeMA66.15768.823
589Worcester State UniversityMA60.82352.621
609Lasell UniversityMA46.14344.809
662Five Colleges Inc.MA18.36716.686

Source: FY2025 NACUBO respondent table. Values in the source are thousands of U.S. dollars; this table divides by 1,000 to show millions.

The selection contains 25 linked institution profiles. Rows without a profile keep the institution's name as plain text. The ranking is based on reported market value. It does not measure investment skill, the amount available for unrestricted spending or endowment assets per student. Institutions participate voluntarily, so this is a comparison of respondents in the published table rather than a census of all charitable funds.

Reading the values

The FY2024 column is the prior-year value published alongside FY2025. A difference between the columns includes gifts, investment activity and distributions, with possible transfers or reporting changes. It is not the institution's investment return. A newer official figure in an institution profile may use another fiscal year, a different portfolio or a broader accounting category. The common-year table keeps those newer figures out of the size ordering.

A system and a campus can both appear as respondents. Supporting foundations may also report separately or within a combined institution-and-foundation amount. Their assets can overlap, so the sum above describes the rows selected here and should not be interpreted as a consolidated total for an entire state or sector. The profile pages provide the reporting names and dates needed to read those relationships.

Hospital and health system profiles

These hospitals and health systems are not NACUBO survey respondents. Their values come from each organization's own reporting period and are not part of the survey totals above.

List rankInstitution or systemTypeStateEndowment, USD millionsPeriod end
5Mass General Brighamhealth systemMA5,293.627September 30, 2025
9Boston Children's Hospitalacademic medical centerMA1,247.071September 30, 2025
13Children's Wisconsin Foundationhospital foundationMA1,202.072December 31, 2024
16Boston Medical Centeracademic medical centerMA824.874September 30, 2025
24Dana-Farber Cancer Instituteacademic medical centerMA594.394September 30, 2025
33Beth Israel Deaconess Medical Centeracademic medical centerMA444.732September 30, 2025
83Baystate Health Foundationhospital foundationMA102.116September 30, 2025
100Lahey Clinic HospitalhospitalMA69.267September 30, 2025
130Berkshire Medical CenterhospitalMA43.922September 30, 2025

Full list: Hospital endowments list

Sources

ReferenceURL
Public source 1https://edge.sitecorecloud.io/nacubo1-nacubo-prd-dc8b/media/Nacubo/Documents/EndowmentFiles/2025-NCSE-Endowment-Market-Values-for-US-and-Canadian-Institutions-FINAL.xlsx

Related endowment lists

Massachusetts endowments | Endowments.com
Family Office Club Events
Text or WhatsApp (Not an AI Bot): (808) 600-9260
Endowments.com
Loading the directory…
Could not load data/endowments.json ({{ err }}).
Family Office Club: since 2007, 17M members, 340+ events

Endowment Fund Directory

The #1 most in-depth guide to endowment funds with in-depth profiles, infographics, resources, and research

What's inside Endowments.com

Directory · Research · Resources
Richard C. Wilson

Everything on this site is free.

I started Family Office Club 19 years ago. I would rather build a real relationship than sell you something. I am not a broker. I am not a bank. I do not charge for anything on this site.

Endowments are some of the most studied investors in the world, and the numbers are scattered across financial reports, press releases and student newspapers. This site puts each endowment's figures in one place, from its own reports first, names every source, and says plainly when a number has not been published.

Years operating Family Office Club19
In-person events a year16
Events hosted300+
Member transactions$1B+
Start here

What are you trying to do?

I run a fund and want endowment LPs
Tell me what you are raising for. I will tell you which endowments look like a fit, and which rooms are worth being in.
For Fund Managers
I work in an endowment investment office
Is your profile right? Correct it or claim it. It is free.
For Investment Offices
I am a trustee, donor or researcher
Compare value, returns and spending across endowments, with the source and the date behind every number.
For Trustees and Researchers
Benchmark study

{{ study.title }}

{{ study.desc }}

{{ studyImg }}
Source: NACUBO-Commonfund Study of Endowments FY2025 · Data through FY2025

Featured guides

All {{ guideCount }} guides
{{ g.topic }}
{{ g.title }}
{{ g.desc }}
From the directory

By type

Playbooks

Events

Meet endowment and family office capital in person.

All events

We run 16 in-person events a year, 4 Super Summits and 12 masterminds, in NYC, Fort Lauderdale, Dallas, Los Angeles and Beverly Hills. 300 of them over 19 years.

"The Family Office Club is unique as a community. The thing I admire about you is that you started with your family, making that a priority."

Todd Heiner · centimillionaire, co-founder of Express Locations
Methodology

How we check facts

Each fact names its source and its date. When two sources disagree, we show both. When an endowment has not published a number, we say so.

Read the methodology

Endowment directory

{{ dirIntro }}

{{ rowsLabel }}Clear filters
{{ h.label }} {{ h.arrow }}{{ h.label }}
{{ r.name }}{{ r.name }} {{ r.type }} {{ r.loc }} {{ r.size }} {{ r.fy }}

Size is the tracked endowment market value in USD, mostly from the NACUBO-Commonfund Study of Endowments FY2025 public table. Linked names open a full profile with the institution's own latest figures, dates and currency.

{{ s.title }}

{{ t.rate }}
{{ t.range }}
Applies here
{{ s.tierNote }}

{{ g.text }}{{ g.text }}{{ g.text }}

{{ b.text }}
{{ c.v }}
{{ g.text }}{{ g.text }}{{ g.text }}
{{ b.imgEl }}
{{ b.alt }}
{{ b.note }}

Frequently asked questions

{{ f.q }}+

{{ g.text }}{{ g.text }}{{ g.text }}

Sources

  1. {{ s.url }}

Lists that include {{ p.institution }}
{{ art.kicker }}

{{ art.title }}

{{ g.text }}{{ g.text }}{{ g.text }}

{{ b.text }}
{{ c.v }}
{{ g.text }}{{ g.text }}{{ g.text }}
{{ b.imgEl }}
{{ b.alt }}
{{ b.note }}

{{ s.title }}

{{ t.rate }}
{{ t.range }}
Applies here
{{ s.tierNote }}

{{ g.text }}{{ g.text }}{{ g.text }}

{{ b.text }}
{{ c.v }}
{{ g.text }}{{ g.text }}{{ g.text }}
{{ b.imgEl }}
{{ b.alt }}
{{ b.note }}

Download the data

Frequently asked questions

{{ f.q }}+

{{ g.text }}{{ g.text }}{{ g.text }}

Sources

  1. {{ g.text }}{{ g.text }}{{ g.text }}

{{ art.moreTitle }}

Guides

{{ guidesIntro }}

{{ gg.topic }}

{{ gg.count }}

Page not found

This page does not exist or has moved.

Endowment directoryGuidesHome
Home / Research

{{ rankTitle }}

Ranked from published profiles only, using each endowment's latest reported fiscal year. The basis and date sit next to every number. {{ stats.queued }} endowments are still in research and will be added as their profiles publish.

# Endowment Country Value Return Fiscal year and date
{{ r.rank }} {{ r.name }} {{ r.country }} {{ r.value }} {{ r.ret }} {{ r.fy }}, {{ r.asOf }}
Home / Playbooks

What are you actually dealing with right now?

Practical guides for raising from, working with and running endowments. Each one is being written now and will publish here, free.

{{ pb.title }}
{{ pb.blurb }}
In research
Home / For Fund Managers

Tell me your situation.

Tell me what you are raising for. I will tell you which endowments look like a fit, and which rooms are worth being in. I read these myself.

Text (808) 600-9260Not an AI bot WhatsApp(808) 600-9260 EmailRichard@Endowments.com
Useful to include
Fund size, strategy, asset class and geography
Fund number and track record
Endowment, foundation or institutional LPs already in
Which endowments on this site you think fit, and why
Home / For Investment Offices

Is your profile right?

Correct it or claim it. It is free. Send the page, the change and a public source, and we will update it and note the date.

Report a correctionRichard@Endowments.com Claim your profileAdd your latest report, team and how managers should reach you Text or WhatsApp(808) 600-9260
Home / For Trustees and Researchers

Compare endowments on the same terms.

For board members, investment committee members, donors, students and journalists. Every profile shows value, return, spending and allocation with the fiscal year and source next to each figure.

Largest endowmentsBy value, latest fiscal year Returns by fiscal yearRanked by latest reported return Reading an endowment reportWhat each headline figure counts Glossary{{ glossaryCount }} endowment terms, defined
Home / Methodology

How we check facts

Each fact names its source and its date. We start with the institution's own financial report, investment office report and press release, then official filings, then third-party reporting. Figures are tied to a fiscal year, because most endowments report once a year. When two sources disagree, we show both. When an endowment has not published a number, we say so rather than estimate it silently.

Status labels

Multiple sourcesTwo or more independent sources agree.
Single sourceOne source, usually the institution itself.
EstimateA third-party estimate or a conversion. Not stated by the institution.
PendingShown for structure; the figure or its source is still being confirmed.

Glossary

{{ g.term }}{{ g.def }}

Corrections

To report an error or ask for a change or removal, email Richard@Endowments.com or text (808) 600-9260.
Home / Answers

Answers

Short answers to the questions people ask most about endowment funds.

{{ a.q }}

{{ a.a }}
Home / Events

Family Office Club events

16 in-person events a year, 4 Super Summits and 12 masterminds, plus monthly webinars. Run by Family Office Club.

{{ ev.date }} {{ ev.title }} {{ ev.place }}
See every event on FamilyOffices.com
Home / About

About Endowments.com

Richard C. Wilson

What this site is

Endowments.com is a research resource on university, college and foundation endowments. It profiles 775 endowments, including university, college, foundation and hospital endowments, built from each institution's own reports and public filings, and runs the Endowments by Size Band benchmark study. Every figure carries its source and date.

Richard C. Wilson, founder of the Family Office Club

I started Family Office Club 19 years ago at 26, as my 12th startup and the first one that worked. All three of my daughters are in the business with me now. My father raised $1 billion for non-profits before I ever started, so I grew up watching this.

Since then: 300+ in-person events, 1,500 investors on stage, 250+ family offices created or formalized, 46 transactions off my own balance sheet, and CIO of a $180M single family office.

I am not a broker. I am not a bank. I do not charge for anything on this site. I built it because endowment figures are spread across hundreds of reports and press releases, and few places put them side by side with sources.

Text or WhatsApp me at (808) 600-9260, or email Richard@Endowments.com.

Keep exploring
Richard C. Wilson

{{ contact.title }}

I'm Richard C. Wilson. I started Family Office Club 19 years ago. I read the messages that come in through this site myself. Text or WhatsApp me at (808) 600-9260, or email Richard@Endowments.com. Thank you.

{{ contact.cta }}

This page is for general information only and is not investment, tax or legal advice. Figures come from the public sources listed and may have changed.