Indiana University
Office of Communications and Marketing

IU ENDOWMENT RANKS 12TH IN NATION

BLOOMINGTON, Ind. -- Indiana University and the IU Foundation are ranked 12th in the nation among public universities in market value of endowment. IU's endowment of $529.4 million places it among the top institutions of public higher education in the United States.

"We appreciate the support of our generous donors. Their loyalty to Indiana University combined with successful investment strategies consistently puts IU in the top 10 percent," said Curtis R. Simic, president of the IU Foundation.

The report was the result of an annual survey conducted by the National Association of College and University Business Officers. The report also showed that the average college endowment earned a total return of 17.2 percent in 1996, up from 15.5 percent for the 1995 fiscal year. This year's return is the best for colleges since 1986. IU earned a return slightly above the average at 17.9 percent.

Among the Big Ten, IU ranks sixth following Northwestern, Michigan, Minnesota, Purdue and Ohio State.

The Indiana University Foundation is a not-for-profit corporation that raises and receives gifts from the private sector, administers funds, and manages assets to enhance the quality of education at Indiana University. During the 1995-96 fiscal year the IU Foundation raised and received $66.3 million, according to the National Association of College and University Business Officers, and Cambridge Associates.

The Top 15 Public American University Endowments (per thousand dollars):

  1. University of Texas System -- $8,881,785
  2. University of California -- $2,572,492
  3. Texas A&M University System and Foundation-- $2,458,043
  4. University of Michigan-- $1,624,349
  5. University of Virginia --$ 937,206
  6. University of Minnesota and Foundation-- $856,227
  7. Purdue University --$752,334
  8. The Ohio State University and Foundation --$649,585
  9. University of North Carolina at Chapel Hill
    and Foundations -- $596,841
  10. University of Delaware-- $574,250
  11. University of Cincinnati -- $563,432
  12. Indiana University and Foundation-- $529,378
  13. Kansas University Endowment Association--$475,416
  14. University of Washington --$436,300
  15. Pennsylvania State University-- $401,703

Return to the Office of Communications Home Page