A colleges endowment is intended to support current and future generations of their scholars with the resources needed to advance knowledge, research, and innovation. As such, endowment funds are used for the school’s normal operations and activities, including education, research, campus renewal, faculty work, and student financial aid. As a member of NACUBO (National Association of College and University Business Officers), Dr. Lowe discusses endowments, development and gifts policies with universities. “It’ important to understand the business side of higher education” – Dr. Paul Lowe. The National Association of College and University Business Officers (NACUBO) is a membership organization representing more than 1,700 colleges and universities across the country.
Here is a list of endowments of several colleges including Ivy League and highly selective colleges and universities in billions of dollars, fiscal year ending June 30, 2020 (from the NACUBO-TIAA Study of Endowments):
- Harvard U. – $40.5
- Yale U. – $31.2
- Princeton – $26.5
- MIT – $18.4
- UPenn – $14.8
- Columbia – $11.2
- Northwestern U. – 10.9
- UChicago – $8.2
- Cornell U. – $7.2
- Johns Hopkins U. – $6.7
- Dartmouth College – $5.9
- Brown U. – $4.3
- Carnegie Mellon U. – $2.6
Dr. Paul Reginald Lowe, founder and managing director of Pinnacle Educational Center Admissions Advisors Group, provides comprehensive counseling advice, exclusively for admissions to top private schools; Ivy League and highly-selective colleges/universities; BS/MD programs; graduate and medical schools and top visual and performing arts programs. The admissions affiliate: Ivy League Admissions Advisors specializes in admissions to Ivy League and highly selective colleges, Dr. Lowe also specializes in helping students who have been wait-listed, deferred or rejected gain admission into their top-choice schools: College Application Rejected. and student who wish to transfer to another college: College Transfer Admissions Advisors.
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