Phillips Exeter Academy
Phillips Exeter Academy (also called Exeter or PEA) is a co-educational independent boarding school located on 471 acres (1.9 km²) in Exeter, New Hampshire, USA, one hour north of Boston.
School Endowment
Phillips Exeter currently has the largest endowment of any secondary school in the United States at a market value of about $706,000,000 (as of June 30, 2005). This yields a per-student endowment of $660,000, higher than the per-student endowments at Dartmouth College, Brown University, Columbia University, the University of Pennsylvania, and Cornell University. In the fall of 2004, Exeter announced a capital-raising program, the Exeter Initiatives, which is the most ambitious capital-raising program in the history of secondary schools; it is intended to raise $305,000,000. The Exeter Initiatives is also the most ambitious capital-raising program per capita (dollars/number of alumni) in the history of American education.
Related Topics:
Endowment - Secondary school - Dartmouth College - Brown University - Columbia University - University of Pennsylvania - Cornell University
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