ERIC Number: ED370497
Record Type: Non-Journal
Publication Date: 1994-Jan
Reference Count: N/A
New England Endowments, 1977-1992. Findings from NEBHE's Annual FACTS Survey and Related Research. NEBHE Research Report.
This report compiles and analyzes endowment data for 128 New England colleges and universities with endowments valued at $1 million or more on June 30, 1992. These endowments are compared with 1977, 1982, and 1987 data. Findings reveal that: (1) the value of all New England college and university endowments grew from an estimated $3.55 billion at the end of fiscal 1977 to $16.7 billion at the end of fiscal 1992, with the majority of this growth occurring between 1982 and 1987; (2) endowment growth rates were particularly high among Catholic colleges, private 2-year colleges, regional liberal arts colleges, specialty schools, and public land-grant universities; (3) three institutions--Harvard University, Yale University, and the Massachusetts Institute of Technology--accounted for 57 percent of New England endowment funds, though they enroll less than 5 percent of the region's college and university students; and (4) half of all college and university students in New England in 1992 attended institutions with endowment levels at or below $976 per student, for which the endowment return supports only a fraction of one percent of annual expenditures. A table lists endowment market value, endowment per student, and share of 1991 budget covered by endowment for each of the 128 responding institutions. (JDD)
Publication Type: Reports - Research; Numerical/Quantitative Data
Education Level: N/A
Authoring Institution: New England Board of Higher Education, Boston, MA.