posted on: September 19, 2022
Endowments are a form of charity made by big universities to help students who come from financially underprivileged backgrounds to get quality education at a lower or negligible price. This also serves a purpose that helps universities as well which is tax exemption. Many universities in the US make millions of dollars of endowments annually which has helped thousands of students and made their life better. Here are the universities in the US offering highest endowments-
- Harvard University (MA) $53,200,000,000
- Yale University (CT) $42,300,000,00
- Stanford University (CA) $37,800,000,000
- Princeton University (NJ) $37,000,000,000
- Massachusetts Institute of Technology $27,400,000,000
- University of Pennsylvania $20,500,000,000
- University of Notre Dame (IN) $18,400,000,000
- Texas A&M University $16,900,000,000
- University of Michigan—Ann Arbor $16,800,000,000
- Washington University in St. Louis (MO) $13,700,000,000
