System and combined foundation endowments

System and combined foundation endowments covers 31 FY2025 survey respondents with combined reported endowment assets of USD 116,711.200 million. The University of Texas System has the largest value in this selection, USD 27,167.821 million, representing 23.28% of its total. All values use the same published NACUBO survey year.

This directory group selects system and regents respondents together with names explicitly combining institutions and foundations. It is a descriptive grouping based on published respondent names. A combined total can have a wider scope than a single-campus endowment and may overlap separately reported campus or affiliate figures.

Survey rankInstitution or respondentState / provinceFY2025, USD millionsFY2024, USD millions
6The University of Texas SystemTX27,167.82124,741.493
8The Texas A&M University System & Related FoundationsTX22,229.03220,381.028
10The Regents of the University of CaliforniaCA20,147.05619,103.077
29University of Minnesota & FoundationsMN6,448.6225,935.292
45University of Illinois & FoundationsIL3,797.8083,688.638
46University of Iowa and FoundationsIA3,773.6733,501.856
47Georgia Institute of Technology and Related FoundationsGA3,507.3953,166.993
52Virginia Commonwealth University and Affiliated EntitiesVA3,228.5172,885.707
68The Board of Trustees of The University of AlabamaAL2,587.6492,378.555
69University of Missouri SystemMO2,551.5562,411.452
75The University System of Maryland FoundationMD2,459.8042,291.040
80The University of Georgia and Related FoundationsGA2,182.9992,055.797
84Texas State University SystemTX2,114.5381,407.321
93The University of Tennessee SystemTN1,915.0001,766.000
97University of Arkansas at Fayetteville and FoundationAR1,814.6591,665.643
108William & Mary and FoundationsVA1,594.7731,454.416
130Oklahoma State Regents for Higher EducationOK1,306.4801,213.001
131Auburn University and FoundationAL1,306.2661,187.392
137Louisiana State University SystemLA1,238.0221,138.256
146University of South Carolina and Affiliated FoundationsSC1,145.1131,044.373
156University System of New Hampshire & University of New Hampshire FoundationNH1,062.953981.482
165Mississippi State University & FoundationMS1,000.028894.682
249University of North Dakota Alumni Association & FoundationND471.396422.057
301Utah System of Higher EducationUT333.393307.426
314U.S. Naval Academy Alumni Association & FoundationMD319.398293.071
318Western Kentucky University and FoundationsKY305.649252.675
332University of Rhode Island FoundationRI278.731249.035
428Arkansas State University System FoundationAR153.428127.295
474Winston-Salem State University & FoundationNC114.53096.642
484Kentucky Community & Technical College SystemKY110.38099.336
618St. Mary's College of Maryland FoundationMD44.53139.448

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 27 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.

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

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