Colleges and Universities are Pretty Well Endowed!

The latest endowment numbers for the end of 2014 are in for all colleges, and it looks like everybody had a good year due to booming investment markets. Leading the pack as always is Harvard at almost $36 billion, up about $3.5 billion from last year. That means its endowment increased in value about the current total endowment of Ohio State or Johns Hopkins. If we look at local universities, Washington University saw a nice 17.5% increase to jump from $5.65 to $6.64 billion to remain the 17th wealthiest college endowment in the country. That means it increased in value about one billion dollars or a "SLU-worth", as Saint Louis University saw its endowment pop back up over the $1 billion point (#87 on the list), which it had not seen since before the market crash several years back. Another local university who saw a hefty increase was Lindenwood, who increased 17.4% to jump from $122 million to $143 million to have the 372nd highest endowment in the USA.

All these numbers are quite relative, however, as my graphic equation above illustrates. Wash U. might think their endowment is only one fifth of Harvard's so they still see room for improvement since they are only the 17th wealthiest school in the country. However, their endowment is more than six times that of nearby SLU, who only has a measly billion invested. So SLU's endowment is only 1/35 of Harvard's, which seems small until you realize it is still one of the largest 100 endowments in the country and is much higher than many state universities with many more students. Lindenwood's $143 million also looks tiny in comparison (0.4% of Harvard's endowment), until you realize it has more than Missouri State ($76 million), U. Central Missouri ($37 million) and Northwest Missouri State ($23 million) combined.

After looking at the lengthy list on the Chronicle's site, I decided to make my own. Using a simple copy and paste technique I created a full Excel spreadsheet of the 851 schools from their table. I noticed that they included a bunch from Canada and also ones from Puerto Rico and the Virgin Islands. I then converted that into a handy, dandy web page, since that is what I do for fun! So now you can grab a list just of your state (or nearby states) to see how they are doing.


Comments

Post a Comment

Popular posts from this blog

BMI & BMR Calculator (Body Mass Index and Basal Metabolic Rate)

Image
My wife has been researching type 2 diabetes and recently checked a book out of the library which included a body mass index (BMI) chart much like the one pictured here. Whereas it is fairly easy to follow, I, of course, think it must be converted to an online calculator! However, when I checked the Internet, there were already a billion of them so I had to make one that was different. So my lovely BMI BMR calculator accepts either inches or centimeters for your height and pounds or kilograms for your weight and calculates not only your BMI, but also your BMR (basal metabolic rate) which determines how many calories you should consume! So I made a spiffy "all in one" healthy body indicator calculator which not only determines how underweight or overweight you are, but also tells you how many calories you should consume to maintain or improve your ideal weight. 
Read more

Trying out the L'Ecole Culinaire Presentation Room restaurant

Image
We had been seeing the ads for the restaurant at L'Ecole Culinaire and since we live so close by we thought we would try it out. We had always enjoyed dining out at cooking or hotel schools like the CHIC in Chicago and the Statler at Cornell where we went to college. Since we still love to go out and eat here in St. Louis , we ventured over to their restaurant on the first day they were open for lunch. The first thing we noticed is that they do not have much parking! They really need to let patrons know where they are supposed to park. The restaurant itself is small but very well attended. There was one fellow who kept straightening all the centerpieces and place settings on the tables, and we always saw one or two student workers milling about. The lunch menu was small and the choices did not appear overly "gourmet". The special of the day was a bison burger stuffed with cheese, and other choices picked by my group included a club sandwich, a "margherita" pi
Read more

Not all Frosted Window Films are the same!

Image
We live in an older home with a lot of issues and one of them concerns our back door to our patio from our sunroom. The door has double paned glass on it, but unfortunately the seal has broken so you can see moisture collect inside of it. We decided the easiest way to "remedy" the problem was to cover the window with some "frosted" film so we did not have to see the moisture condensing between the panes. But the question was, what film? There are a bunch of them available so we had to select something to try on the door. The first place we tried was our nearby Lowe's store which had a bunch of Gila brand film. We selected what seemed like the typical adhesive based door sized  film that cost about $25 after tax. We thought it could not be that hard to put up and look nice on our door. So one day my wife ran out and purchased it at Lowe's and we commenced to install it on our door window. We made our own soapy water solution and followed the directions
Read more