Giving to Colleges and Private Schools
April 4, 2002 | Read Time: 2 minutes
ALSO SEE:
U.S. Colleges Raised $24-Billion in 2001
Donations per Student at Colleges and Universities
| Sources and Purposes of Private Support for Colleges | |||||
| 1996 | 2000 | 2001 | 1-year * change | 5-year * change | |
| Sources of support: | |||||
| Alumni | $4,040,000,000 | $6,800,000,000 | $6,830,000,000 | -2.3% | +49.8% |
| Nonalumni individuals | $3,400,000,000 | $5,420,000,000 | $5,200,000,000 | -6.7% | +35.5% |
| Corporations | $2,800,000,000 | $4,150,000,000 | $4,350,000,000 | +1.9% | +37.6% |
| Foundations | $2,815,000,000 | $5,080,000,000 | $6,000,000,000 | +14.8% | +88.8% |
| Religious organizations | $255,000,000 | $370,000,000 | $370,000,000 | -2.8% | +28.5% |
| Other organizations | $940,000,000 | $1,380,000,000 | $1,450,000,000 | +2.2% | +36.7% |
| Purposes of support: | |||||
| Current operations | $7,850,000,000 | $11,270,000,000 | $12,200,000,000 | +5.3% | +37.7% |
| Capital | $6,400,000,000 | $11,930,000,000 | $12,000,000,000 | -2.2% | +66.1% |
| Total | $14,250,000,000 | $23,200,000,000 | $24,200,000,000 | +1.4% | +50.5% |
| * Adjusted for inflation | |||||
| Top 20 Colleges and Universities in Total Donations | |
| Harvard University (Mass.) | $683,172,781 |
| Stanford University (Calif.) | $468,966,598 |
| Columbia University (N.Y.) | $358,682,692 |
| Yale University (Conn.) | $350,122,800 |
| Johns Hopkins University (Md.) | $347,732,206 |
| Cornell University (N.Y.) | $309,472,937 |
| Indiana University | $300,848,253 |
| Emory University (Ga.) | $297,777,753 |
| University of Wisconsin at Madison | $292,428,950 |
| University of Pennsylvania | $285,595,522 |
| University of Southern California | $280,985,857 |
| University of California at San Francisco | $271,565,196 |
| Duke University (N.C.) | $264,424,566 |
| University of California at Los Angeles | $263,652,406 |
| University of Washington | $231,918,169 |
| University of Minnesota | $228,926,489 |
| University of Michigan | $218,114,223 |
| Ohio State University | $210,550,855 |
| University of California at Berkeley | $202,607,331 |
| Michigan State University | $202,006,722 |
| Top 15 Boarding Schools in Total Donations | |
| Mercersburg Academy (Pa.) | $38,010,657 |
| Phillips Exeter Academy (N.H.) | $36,458,363 |
| Choate Rosemary Hall (Conn.) | $32,905,406 |
| Phillips Academy (Mass.) | $30,087,909 |
| Lawrenceville School (N.J.) | $19,935,024 |
| Deerfield Academy (Mass.) | $17,053,929 |
| Hotchkiss School (Conn.) | $15,038,462 |
| Salisbury School (Conn.) | $14,725,760 |
| Taft School (Conn.) | $14,133,583 |
| Culver Educational Foundation (Ind.) | $11,406,422 |
| Groton School (Mass.) | $11,148,124 |
| Berkshire School (Mass.) | $11,023,018 |
| Miss Porters School (Conn.) | $9,783,858 |
| Northfield Mount Hermon School (Mass.) | $9,388,642 |
| Woodberry Forest School (Va.) | $9,165,762 |
| Top 15 Day Schools in Total Donations | |
| Spence School (N.Y.) | $25,536,581 |
| Lovett School (Ga.) | $15,258,765 |
| Winsor School (Mass.) | $14,227,429 |
| Lakeside School (Wash.) | $12,154,660 |
| Mary Institute & St. Louis Country (Mo.) | $11,849,438 |
| Brunswick School (Conn.) | $11,350,490 |
| Kinkaid School (Tex.) | $10,938,614 |
| Pingry School (N.J.) | $10,168,754 |
| Harpeth Hall School (Tenn.) | $10,155,771 |
| Harvard-Westlake School (Calif.) | $9,933,312 |
| Greenwich Academy (Conn.) | $9,815,705 |
| Milton Academy (Mass.) | $9,358,279 |
| Friends Academy (N.Y.) | $8,968,985 |
| St. Mark’s School of Texas | $8,609,952 |
| Brearley School (N.Y.) | $8,511,791 |
| Top 15 Boarding-School Endowments | |
| Phillips Exeter Academy (N.H.) | $520,917,316 |
| Phillips Academy (Mass.) | $494,994,000 |
| St. Paul’s School (N.H.) | $375,081,635 |
| Hotchkiss School (Conn.) | $296,388,735 |
| Lawrenceville School (N.J.) | $247,800,000 |
| Deerfield Academy (Mass.) | $244,153,464 |
| Groton School (Mass.) | $193,364,251 |
| Choate Rosemary Hall (Conn.) | $175,908,000 |
| Woodberry Forest School (Va.) | $157,190,400 |
| Mercersburg Academy (Pa.) | $132,318,000 |
| Taft School (Conn.) | $129,692,000 |
| Culver Educational Foundation (Ind.) | $121,063,000 |
| Northfield Mount Hermon School (Mass.) | $102,000,000 |
| Hill School (Pa.) | $92,814,150 |
| St. George’s School (R.I.) | $85,425,646 |
| Top 15 Day-School Endowments | |
| Westminster Schools (Ga.) | $187,957,506 |
| Milton Academy (Mass.) | $153,051,372 |
| Loomis Chaffee School (Conn.) | $109,698,139 |
| Punahou School (Hawaii) | $108,043,115 |
| Roxbury Latin School (Mass.) | $103,767,745 |
| Park Tudor School (Ind.) | $83,696,580 |
| Kinkaid School (Tex.) | $80,956,000 |
| St. Mark’s School of Texas | $79,859,827 |
| Hockaday School (Tex.) | $75,622,476 |
| McCallie School (Tex.) | $74,286,349 |
| Mary Institute & St. Louis Country (Mo.) | $66,014,000 |
| Brearley School (N.Y.) | $61,900,000 |
| Baylor School (Tenn.) | $60,934,000 |
| McDonogh School (Md.) | $60,125,785 |
| Gilman School (Md.) | $59,373,839 |
SOURCE: Council for Aid to Education
Chronicle chart by Sondra Haskins
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