Biggest losers: These hefty college endowments shrunk the most in 2009

JAN 28, 2010
Syracuse University, Baylor College of Medicine, Harvard University, Carnegie Mellon University and Yale University were the top five losers among the 100 largest college endowments for the fiscal year ended in June 2009 Each school's endowment fund lost around 30% from a combination of market losses and spending. A report released today by the National Association of College and University Business Officers and the Commonfund Institute, measured the market values of college endowments. The values are affected by investment returns, as well income from gifts, and reductions due to expenditures. Among the top 100 endowments, Pepperdine University's fared the best, losing just 3.8% in value. A spokesperson for Pepperdine was not immediately available. The average endowment fund lost 18.7%, according to NACUBO-Commonfund study. Here, then, is the full list.

Click column headers to sort fields

University Change in Market Value
Syracuse University -33.2
Baylor College of Medicine -33
Harvard University -29.8
Carnegie Mellon University -29.4
Yale University -28.6
University of Maryland -27.9
University of Minnesota -27.7
Duke University -27.5
University of Arkansas -27.4
Yeshiva University -27.2
Grinnell College -26.9
Stanford University -26.7
Brown University -26.6
Saint Louis University -26.6
Cornell University -26.4
University of Illinois -26.4
Southern Methodist -26.3
California Institute of Technology -26.1
Georgia Tech -25.9
Princeton Theological Seminary -25.8
Pomona College -25.7
University of Southern California -25.6
The University of Tennessee -25.1
University of Texas -24.8
Northwestern University -24.8
University of Delaware -24.8
Carnegie Institute -24.8
The Rockefeller University -24.3
University of Cincinnati -24.2
University of Rochester -24
Texas A&M -23.7
Washington University, St. Louis -23.7
University of Washington -23.7
Tufts University -23.7
Amherst College -23.4
University of Louisville -23.4
University of Kentucky -23.3
University of Tulsa -23.3
University of Chicago -23.2
University of Toronto -23.2
University of Notre Dame -23
Princeton University -22.8
Dartmouth College -22.8
Wake Forest University -22.8
Rensselaer Polytechnic Institute -22.8
University of Virginia -22.7
Berea College -22.7
Vassar College -22.4
Williams College -22.1
Boston University -22.1
Johns Hopkins University -21.7
Rice University -21.6
Kansas University -21.6
Brandeis University -21.6
Wellesley College -21.4
Lehigh University -21.4
University of Pittsburgh -21.3
University of Nebraska -21
Middlebury College -21
Emory University -20.9
University of Wisconsin -20.9
University of Michigan -20.7
Indiana University -20.7
Penn State -20.7
University of Minnesota -20.7
University of California -20.6
Case Western Reserve University -20.6
Ohio State University -20.4
Colgate University -20.3
Texas Christian University -20.2
The University of Alabama -20.2
Swarthmore College -20.1
Columbia University -19.8
Smith College -19.7
University of Oklahoma -19.5
University of Florida -19.2
University of North Carolina at Chapel Hill -19
Vanderbilt University -18.9
Michigan State -18.3
University of Iowa -18.1
Texas A&M -18
Trustees of Boston College -17.8
Trinity University -17.8
Baylor University -17.7
University of Colorado -17.7
Bowdoin College -17.2
University of Pennsylvania -16.8
University of Richmond -16.8
Georgetown University -16.6
University of California, Berkeley -16.3
Purdue University -16
New York University -15.4
UCLA -15.1
Texas Tech -14.2
University of Missouri -14
Washington & Lee University -12.6
McGill University -12.5
University of Alberta -11.7
Washington State University -8.7
Pepperdine University -20

Latest News

Modera, Simplicity announce new acquisitions in busy day for industry M&A
Modera, Simplicity announce new acquisitions in busy day for industry M&A

Two RIAs expand their geographic footprints with deals in New York's Capital Region and coastal Alabama.

Advisor moves: Ameriprise, Prospera, Raymond James land teams with $920M in assets
Advisor moves: Ameriprise, Prospera, Raymond James land teams with $920M in assets

A 27-year Merrill veteran, Florida advisors, and a trio of New Jersey advisors just moved to new platforms.

LPL Research launches 17 model portfolios, hitting $100B in AUM
LPL Research launches 17 model portfolios, hitting $100B in AUM

Broker-dealer expands its model portfolio platform with modular building block strategies designed to give advisors greater customization at scale.

Wealth Enhancement adds $592M Chicago-area RIA
Wealth Enhancement adds $592M Chicago-area RIA

The mega-RIA with roughly $160 billion in client assets remains firmly in acquisition mode amid rumors of private equity giants vying to scoop it up.

Annuity sales hit a record as war and Fed jitters redraw fixed income
Annuity sales hit a record as war and Fed jitters redraw fixed income

Record annuity demand for principal protection collides with the most hawkish Fed dissent since 2016.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income