Key facts

Reported value

USD 541.7 million

As of

June 30, 2025

Portfolio

College endowment net assets

Location

Claremont, CA

Data through FY2025

Balance reference

Endowment size and reporting scope

For Scripps College, the common-year comparison starts with USD 503.038 million in FY2024. The FY2025 balance is USD 536.115 million. Those closing values describe the named respondent's resources. Gifts and distributions affect the change alongside investments, so the 6.58% movement cannot establish a portfolio return. Survey scope and definitions

The official USD 541.660 million figure and the FY2025 survey's USD 536.115 million describe their respective dates and reporting categories. The official balance retains its stated label, endowment net assets. A change in currency, period or included accounts can produce a different total; the figures are presented separately. Official financial scope

Source: NACUBO · Data through FY2025

The FY2025 survey value for Scripps College is USD 536.115 million, compared with USD 503.038 million for FY2024. The USD 33.077 million movement is 6.58% of the earlier balance. It includes changes in investments as well as additions and distributions. NACUBO explicitly distinguishes this change in market value from an investment rate of return. FY2025 respondent values and definitions

The available history begins in FY2016 at USD 295.782 million and ends in FY2025 at USD 536.115 million. The change across those observations is USD 240.333 million. The smallest reported balance in the displayed series is USD 295.782 million in FY2016; the largest is USD 540.009 million in FY2021. These are closing asset values. They do not show how much of a year's movement came from new gifts, spending or investment results. NACUBO historical workbook

Spending policy and payout

The FY2025 NCSE $500M to $1B group reports an average effective spending rate of 4.3%. That is a survey-group statistic and is not assigned as Scripps College's policy. An institution's own spending rule can use several prior valuation dates, a prior-year dollar draw or additional adjustments. Its approved appropriation and the cash ultimately spent by a department can differ in timing. NCSE spending-rate table

For Scripps College, the USD 536.115 million survey balance does not disclose a dollar payout. The peer spending rate above describes other respondents in a common size group. It cannot identify this institution's approved draw or the purposes of distributions. Donor restrictions and the policy's averaging dates remain relevant to annual support. Spending measures

Governance and investment office

The Scripps Board of Trustees designates some assets to function as endowment. Donor instructions and California's institutional funds law govern appropriations from restricted accounts. Pooled investment management preserves those account-level legal restrictions. Investment governance

Federal excise tax on investment income

Public Law 119-21 changed Section 4968 for tax years beginning after December 31, 2025. Applicable private institutions must have at least 3,000 tuition-paying students in the preceding tax year, with more than half located in the United States, and student-adjusted endowment of at least $500,000. The rates are 1.4% from $500,000 through $750,000 per student, 4% above $750,000 through $2 million, and 8% above $2 million. Enacted law, Section 70415

An institution's tax tier requires its statutory asset base, eligible student count and related-organization treatment. The survey's closing market value does not supply that calculation. No institution-specific rate is assigned without an institutional disclosure. A campus's enrollment in a public fact sheet can differ from the daily-average, full-time-equivalent count required by the law.

The tax is imposed on net investment income. Student-adjusted endowment uses prior-year fair values for assets other than those used directly for exempt purposes. The statute also contains student-count and related-organization provisions. A spending policy applies to an institution's chosen asset base, while the tax applies to investment income under federal rules.

FY2025 size-band comparison

The FY2025 survey value of USD 536.115 million places this respondent in the $500M to $1B band. The published band contains 74 respondents and USD 54.8 billion of aggregate assets. Its average five-year annualized net return is 10.7%, and its ten-year average is 7.8%. The size classification follows the survey-year balance even where an official disclosure on this page uses a later year or a different portfolio scope. NCSE size groups NCSE average net returns

Source: NACUBO · Data through FY2025

The peer mix describes average reported exposures within one size band. It does not reveal individual securities or the availability of cash at a particular institution. Respondents can also use different policy benchmarks. NCSE returns are net of external management fees and expenses for periods ending June 30, 2025; those periods and fee labels govern any numerical return comparison on this page. NCSE allocation definitions

Public records and reporting dates

The ProPublica nonprofit API identifies the legal filer as Scripps College, EIN 951664123. Its available filing for the year ended June 30, 2023 reports total filer assets of USD 717.089 million, revenue of USD 113.383 million, expenses of USD 115.636 million. These are filer-wide amounts, which can include buildings, operating resources and other assets outside the endowment. The filing period is retained separately from the current investment disclosures. ProPublica structured filing data

Related reading

• Endowment directory
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• Endowments by size
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• The Campanile Foundation
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