Institutions Listed by Fiscal Year 2006 Market Value of Endowment Assets with Percent Change Between 2005 and 2006 Endowment Assets

	Institution	State	2006 Endowment Funds ($000)	2005 Endowment Funds ($000)	*Percent Change in Endowment (2006 - 2005)
1	Harvard University	MA	28,915,706	25,473,721	13.50%
2	Yale University	CT	18,030,600	15,224,900	18.40%
3	Stanford University	CA	14,084,676	12,205,000	15.40%
4	University of Texas System	TX	13,234,848	11,610,997	14.00%
5	Princeton University	NJ	13,044,900	11,206,500	16.40%
6	Massachusetts Institute of Technology	MA	8,368,066	6,712,436	24.70%
7	Columbia University	NY	5,937,814	5,190,564	14.40%
8	University of California	CA	5,733,621	5,221,916	9.80%
9	University of Michigan	MI	5,652,262	4,931,338	14.60%
10	The Texas A&M University System and Foundations	TX	5,642,978	4,963,879	13.70%
11	University of Pennsylvania	PA	5,313,268	4,369,782	21.60%
12	Northwestern University	IL	5,140,668	4,215,275	22.00%
13	Emory University	GA	4,870,019	4,376,272	11.30%
14	University of Chicago	IL	4,867,003	4,137,494	17.60%
15	Washington University	MO	4,684,737	4,268,415	9.80%
16	Duke University	NC	4,497,718	3,826,153	17.60%
17	University of Notre Dame	IN	4,436,624	3,650,224	21.50%
18	Cornell University	NY	4,321,199	3,777,092	14.40%
19	Rice University	TX	3,986,664	3,611,127	10.40%
20	University of Virginia	VA	3,618,172	3,219,098	12.40%
21	Dartmouth College	NH	3,092,100	2,714,300	13.90%
22	University of Southern California	CA	3,065,935	2,746,051	11.60%
23	Vanderbilt University	TN	2,946,392	2,628,437	12.10%
24	Johns Hopkins University	MD	2,350,749	2,176,909	8.00%
25	University of Minnesota and Related Foundations	MN	2,224,308	1,968,930	13.00%
26	Brown University	RI	2,166,633	1,843,904	17.50%
27	Ohio State University and Foundation	OH	1,996,839	1,726,007	15.70%
28	University of Pittsburgh	PA	1,802,859	1,529,884	17.80%
29	University of Washington	WA	1,794,370	1,489,924	20.40%
30	New York University	NY	1,774,700	1,548,000	14.60%
31	The Rockefeller University	NY	1,771,954	1,556,945	13.80%
32	Case Western Reserve University	OH	1,598,566	1,516,481	5.40%
33	California Institute of Technology	CA	1,580,922	1,417,931	11.50%
34	Purdue University	IN	1,493,554	1,340,536	11.40%
35	University of Rochester	NY	1,491,275	1,369,969	8.90%
36	Grinnell College	IA	1,471,804	1,390,545	5.80%
37	Williams College	MA	1,462,131	1,348,374	8.40%
38	Pomona College	CA	1,457,213	1,298,629	12.20%
39	Boston College	MA	1,447,887	1,270,303	14.00%
40	University of Wisconsin Foundation	WI	1,425,750	1,124,855	26.70%
41	University of Toronto	ON	1,414,513	1,201,517	17.70%
42	Wellesley College	MA	1,412,410	1,275,529	10.70%
43	University of Richmond	VA	1,387,834	1,207,573	14.90%
44	Amherst College	MA	1,337,158	1,154,570	15.80%
45	Pennsylvania State University	PA	1,326,390	1,174,828	12.90%
46	Indiana University and Foundation	IN	1,276,160	1,107,498	15.20%
47	Yeshiva University	NY	1,273,327	1,148,687	10.90%
48	University of Illinois and Foundation	IL	1,252,290	1,147,517	9.10%
49	Swarthmore College	PA	1,245,281	1,164,069	7.00%
50	University of Delaware	DE	1,223,203	1,077,102	13.60%
51	Tufts University	MA	1,215,413	845,389	43.80%
52	Smith College	MA	1,156,350	1,035,542	11.70%
53	University of Nebraska and Foundation	NE	1,153,559	1,042,290	10.70%
54	University of North Carolina at Chapel Hill and Foundations	NC	1,149,222	973,920	18.00%
55	Southern Methodist University	TX	1,122,477	1,013,703	10.70%
56	University of Cincinnati	OH	1,101,100	1,032,124	6.70%
57	Baylor College of Medicine	TX	1,059,393	1,008,261	5.10%
58	Kansas University Endowment Association	KS	1,049,367	954,943	9.90%
59	Michigan State University	MI	1,047,792	906,342	15.60%
60	Georgia Tech Foundation, Inc.	GA	1,047,724	937,410	11.80%
61	Wake Forest University	NC	1,042,558	906,803	15.00%
62	Texas Christian University	TX	1,016,353	941,798	7.90%
63	University of Florida Foundation, Inc.	FL	996,245	835,698	19.20%
64	The George Washington University	DC	963,697	823,129	17.10%
65	University of Oklahoma and Foundation	OK	960,315	777,514	23.50%
66	Berea College	KY	948,738	861,679	10.10%
67	Princeton Theological Seminary	NJ	945,355	863,653	9.50%
68	University of Missouri System	MO	944,054	832,363	13.40%
69	Carnegie Mellon University	PA	939,581	837,459	12.20%
70	Lehigh University	PA	939,473	844,672	11.20%
71	Boston University	MA	916,017	776,900	17.90%
72	Syracuse University	NY	908,371	818,258	11.00%
73	Baylor University	TX	870,364	746,137	16.60%
74	Tulane University	LA	858,323	780,200	10.00%
75	University of Alabama System	AL	848,848	764,882	11.00%
76	Georgetown University	DC	834,497	741,063	12.60%
77	University of Iowa and Foundation	IA	832,869	786,100	5.90%
78	Saint Louis University	MO	824,851	750,736	9.90%
79	University of Tulsa	OK	816,980	769,551	6.20%
80	Trinity University (Texas)	TX	814,672	733,261	11.10%
81	University of Tennessee System	TN	811,138	714,968	13.50%
82	UCLA Foundation	CA	804,869	668,338	20.40%
83	University of Kentucky	KY	785,196	576,721	36.10%
84	Middlebury College	VT	782,115	721,839	8.40%
85	University of British Columbia	BC	772,245	619,262	24.70%
86	University of Arkansas and Foundation	AR	763,069	691,524	10.30%
87	Vassar College	NY	741,655	672,010	10.40%
88	McGill University	QC	729,766	641,028	13.80%
89	Oberlin College	OH	694,565	637,404	9.00%
90	Rensselaer Polytechnic Institute	NY	682,894	624,279	9.40%
91	University of Louisville Foundation	KY	680,251	607,636	12.00%
92	University of Maryland System and Foundation	MD	674,600	595,000	13.40%
93	Bowdoin College	ME	673,346	578,206	16.50%
94	The Juilliard School	NY	663,886	578,289	14.80%
95	Lafayette College	PA	648,292	587,418	10.40%
96	University of Miami	FL	620,435	523,706	18.50%
97	Wesleyan University	CT	619,761	564,879	9.70%
98	Santa Clara University	CA	598,657	509,149	17.60%
99	Northeastern University	MA	595,859	543,174	9.70%
100	Louisiana State University System	LA	593,203	504,841	17.50%
101	University of Colorado Foundation	CO	590,306	512,371	15.20%
102	Hamilton College	NY	587,582	529,708	10.90%
103	Washington & Lee University	VA	586,968	531,992	10.30%
104	Washington State University	WA	579,861	553,287	4.80%
105	Bryn Mawr College	PA	579,747	505,861	14.60%
106	Brandeis University	MA	579,654	519,538	11.60%
107	Macalester College	MN	577,060	524,067	10.10%
108	Carleton College	MN	571,955	540,039	5.90%
109	Rochester Institute of Technology	NY	568,945	498,990	14.00%
110	University of Alberta	AB	557,722	484,800	15.00%
111	Colgate University	NY	557,121	508,665	9.50%
112	The Principia Corporation	MO	552,931	513,370	7.70%
113	Rutgers, The State University of New Jersey	NJ	549,858	496,292	10.80%
114	College of the Holy Cross	MA	544,347	465,304	17.00%
115	Berry College	GA	542,465	525,357	3.30%
116	Texas Tech University	TX	540,251	461,903	17.00%
117	Pepperdine University	CA	538,233	475,841	13.10%
118	Denison University	OH	528,121	475,466	11.10%
119	Drexel University	PA	526,792	497,918	5.80%
120	Bucknell University	PA	522,059	472,070	10.60%
121	University of Georgia Foundation	GA	518,823	517,170	0.30%
122	Mount Holyoke College	MA	510,032	449,108	13.60%
123	University of Utah	UT	509,095	458,531	11.00%
124	Queens University	ON	501,804	432,061	16.10%
125	Florida State University Foundation, Inc.	FL	500,637	459,959	8.80%
126	SUNY Pooled and University at Buffalo & Foundation	NY	499,632	463,214	7.90%
127	Iowa State University and Foundation	IA	496,018	456,627	8.60%
128	College of William & Mary and Foundations	VA	491,629	437,724	12.30%
129	DePauw University	IN	489,188	451,576	8.30%
130	Colby College	ME	482,019	424,205	13.60%
131	Furman University	SC	478,834	429,766	11.40%
132	Cooper Union	NY	471,081	-¬	-¬
133	University of Arizona and Foundation	AZ	466,652	393,400	18.60%
134	Colorado College	CO	458,853	438,711	4.60%
135	University of Houston System	TX	454,009	420,027	8.10%
136	Haverford College	PA	452,933	394,715	14.70%
137	Virginia Tech Foundation	VA	447,405	408,560	9.50%
138	Medical College of Wisconsin	WI	442,173	404,110	9.40%
139	Franklin W. Olin College of Engineering	MA	432,117	419,614	3.00%
140	Howard University	DC	423,898	397,657	6.60%
141	Davidson College	NC	421,672	382,159	10.30%
142	University of Mississippi and Foundation	MS	421,368	397,877	5.90%
143	North Carolina State University Foundations	NC	412,298	380,541	8.30%
144	Arizona State University and ASU Foundation	AZ	394,796	277,335	42.40%
145	Rush University	IL	387,580	354,354	9.40%
146	Reed College	OR	385,294	350,347	10.00%
147	University of California, San Francisco Foundation	CA	384,656	343,646	11.90%
148	Oregon State University Foundation	OR	383,354	308,999	24.10%
149	Oklahoma State University and Foundation	OK	382,097	320,136	19.40%
150	West Virginia University Foundation, Inc.	WV	380,785	327,997	16.10%
151	Claremont McKenna College	CA	373,380	336,012	11.10%
152	Oregon Health Sciences Foundation	OR	366,575	316,457	15.80%
153	University of Oregon	OR	365,859	304,024	20.30%
154	Wabash College	IN	363,466	334,142	8.80%
155	Auburn University and Foundation	AL	360,070	316,141	13.90%
156	Fordham University	NY	357,342	300,877	18.80%
157	Worcester Polytechnic Institute	MA	353,720	327,309	8.10%
158	University of Dayton	OH	353,424	324,359	9.00%
159	Creighton University	NE	351,841	239,517	46.90%
160	Clemson University and Foundation	SC	343,726	306,163	12.30%
161	Whitman College	WA	340,803	311,821	9.30%
162	VMI Foundation, Inc.	VA	339,918	303,213	12.10%
163	University of South Florida Foundation	FL	329,832	298,241	10.60%
164	Loyola University of New Orleans	LA	325,657	318,222	2.30%
165	Franklin and Marshall College	PA	321,074	298,583	7.50%
166	Miami University (Ohio) & Foundation	OH	320,188	281,026	13.90%
167	Academy of the New Church	PA	320,179	300,556	6.50%
168	American University	DC	319,238	271,243	17.70%
169	Earlham College	IN	317,243	378,840	-16.30%
170	Occidental College	CA	315,638	279,828	12.80%
171	Union College (New York)	NY	315,569	291,799	8.10%
172	Wheaton College (Illinois)	IL	313,105	293,983	6.50%
173	College of the Ozarks	MO	311,565	296,459	5.10%
174	Rollins College	FL	310,356	268,685	15.50%
175	Loyola Marymount University	CA	305,774	274,046	11.60%
176	Loyola University of Chicago	IL	305,664	259,118	18.00%
177	St. John's University (New York)	NY	304,896	264,966	15.10%
178	Rhode Island School of Design	RI	304,729	270,340	12.70%
179	University of Wisconsin System	WI	303,899	277,586	9.50%
180	Marquette University	WI	301,186	266,772	12.90%
181	University of St. Thomas (Minnesota)	MN	300,404	271,316	10.70%
182	Agnes Scott College	GA	298,505	282,327	5.70%
183	University of Connecticut Foundation	CT	295,031	261,726	12.70%
184	Kansas State University Foundation	KS	294,542	251,310	17.20%
185	Spelman College	GA	291,605	258,054	13.00%
186	University of South Alabama (USA) Foundation	AL	290,502	265,701	9.30%
187	De Paul University	IL	285,203	251,898	13.20%
188	National University	CA	283,277	240,677	17.70%
189	University of Vermont	VT	282,594	243,633	16.00%
190	Southwestern University	TX	279,940	279,293	0.20%
191	Villanova University	PA	278,606	238,765	16.70%
192	Georgia Institute of Technology	GA	276,696	269,442	2.70%
193	University of New Mexico and Foundation	NM	276,141	245,234	12.60%
194	UC San Diego Foundation	CA	275,729	211,178	30.60%
195	Samford University	AL	272,356	255,336	6.70%
196	University of the South	TN	270,457	252,914	6.90%
197	Illinois Institute of Technology	IL	269,925	263,000	2.60%
198	University of Alaska and Foundation	AK	266,389	234,199	13.70%
199	Virginia Commonwealth University	VA	265,653	235,279	12.90%
200	St. Olaf College	MN	261,633	231,781	12.90%

* "Percent Change" does not represent the rate of return on investment for the listed endowment. This figure represents an endowment's change in market value between fiscal year-end 2005 and fiscal year-end 2006. Factors such as growth from gifts, reductions due to expenditures and withdrawals, and investment returns determine an endowment's fiscal year-end market value.

CONTINUED

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