Skip to main content

A Quick Look at the NACUBO Endowment Data

Each year NACUBO releases its study of endowment changes at about 800 colleges and universities in the US and Canada.  For this post, I'm including only those institutions in the US, and only those who reported two years of data to the survey, or about 787 institutions.

Higher Education in the US, of course, is a classic story of the haves and have nots; a few institutions near the top of the endowment food chain have amassed enormous endowments, allowing them great freedom in the programs they offer and the students they enroll. In fact, the 21 most well endowed institutions control over half, or about $280B of the $560B held overall, leaving the other 766 to divvy up the remaining $280B among them; the top 93 own 75%.

What's more interesting, I think, is the astonishing endowment growth: Stanford added $2.4B to its endowment in one year.  That amount is bigger than all but 38 of these institutions' total 2017 value.  In other words, if the gain on Stanford's endowment was an endowment, it would be the 39th largest endowment in the nation.  And in total value, it still trails Harvard by about $12B.

A couple of notes: Endowment growth is not the same as investment performance.  Some of the growth or loss can be accounted for by additions and withdrawals as well.  Second, endowments are not a big pot of money the college can spend as it wishes.  Some percentage of the income from endowments is restricted to certain programs, and often carry additional expenses the college has to come up with on its own.

Still, I think this is interesting and compelling.  Let me know what you think.




Comments

Popular posts from this blog

So you think you're going back to the SAT and ACT?

Now that almost every university in the nation has gone test-optional for the 2021 cycle out of necessity, a nagging question remains: How many will go back to requiring tests as soon as it's possible?  No one knows, but some of the announcements some colleges made sounded like the kid who only ate his green beans to get his screen time: They did it, but they sure were not happy about it.  So we have some suspicions about the usual suspects. I don't object to colleges requiring tests, of course, even though I think they're not very helpful, intrinsically biased against certain groups, and a tool of the vain.  You be you, though, and don't let me stop you. However, there is a wild card in all of this: The recent court ruling prohibiting the University of California system from even using--let alone requiring--the SAT or ACT in admissions decisions next fall.  If you remember, the Cal State system had already decided to go test blind, and of course community colleges in

Baccalaureate origins of doctoral recipients

Here's a little data for you: 61 years of it, to be precise.  The National Science Foundation publishes its data on US doctoral recipients sliced a variety of ways, including some non-restricted public use files that are aggregated at a high level to protect privacy. The interface is a little quirky, and if you're doing large sets, you need to break it into pieces (this was three extracts of about 20 years each), but it may be worth your time to dive in. I merged the data set with my mega table of IPEDS data, which allows you to look at institutions on a more granular level:  It's not surprising to find that University of Washington graduates have earned more degrees than graduates of Whitman College, for instance.  So, you can filter the data by Carnegie type, region or state, or control, for instance; or you can look at all 61 years, or any range of years between 1958 and 2018 and combine it with broad or specific academic fields using the controls. High school and indep

All Degrees Awarded by US Colleges and Universities, 2019

 The question often asked by high school and independent counselors is something like, "What college offers degrees in <insert major name>.  While this can't help you know what colleges offer a specific degree, it can tell you which colleges awarded those degrees in 2019. It can also help you see the shape of degrees awarded in the US, and even dive deeper into a specific college to see what types of degrees  It's pretty straight-forward, but there are also some features you need to be aware of.  If you know how to Tableau, go ahead and dive right in. The first view  using the tabs across the top shows all degrees awarded by US colleges in 2019.  From there, you can choose any specific combination of student and college characteristics: For instance, if you want to find which institutions award the most bachelor's degrees at public universities in the southwest, just click.  If you then want to find which of those colleges offer the most degrees in History, just