Ivy League

The Ivy League is an athletics association, founded in 1954, of eight universities located in the eastern United States. The term has connotations of academic excellence, as well as a certain amount of elitism.

Endowments

The Ivy League schools are among the wealthiest private universities in the U.S., a status commensurate with their ages and long-standing relationships with the highest echelons of American society. All of the Ivy League schools have financial endowments over $1 billion.http://www.philly.com/mld/inquirer/business/personal_finance/7774843.htm Harvard, with a $22.6 billion endowment (as of 2004), is the wealthiest university in the world, and is the second non-profit organization in the world to report an endowment over $20 billion, only surpassed by the Bill and Melinda Gates Foundation.http://www.thecrimson.com/article.aspx?ref=503347 Yale, with an endowment size of $15.2 billion, is the second-wealthiest, and Princeton, with $10.3 billion, is third. Next comes Columbia with $4.5 billion, Penn with $4 billion, Cornell with $3 billion, Dartmouth with $2.4 billion, and Brown with $1.8 billion. Princeton, the wealthiest institution in the country on a per capita basis, has a per-student endowment of $1.32 million, followed by Harvard with $1.15 million, Yale with $1.12 million, Dartmouth with $420,000, Brown and Columbia with $200,000, Penn with $190,000, and Cornell with $150,000.

Related Topics:
Financial endowment - 2004 - Bill and Melinda Gates Foundation

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