How Connecticut colleges’ endowments rank nationally
Wilton-based nonprofit fund adviser Commonfund’s annual review of school endowments came out this week ranking the schools by total assets.
Harvard, once again, ranked first in the nation with $30.4 billion, but Connecticut schools competed and posted some sizable chunks of change. The Biz section looks at some of trends for the funds during the last year and found things are looking up for many schools and investors in general.
See where some of our Connecticut schools and at least one very important out of state school ranked:
Fairfield University ranked 235th with an endowment of $245,284,000.
Vermont's Middlebury College outperformed all of Connecticut's colleges, but Yale. The Panthers posted the 84th biggest college endowment with $879,690,000.
Hamden-based Quinnipiac, best known for its polling center, ranked 225th with an endowment of $272,088,000.
Bridgeport, I mean, Fairfield-based Sacred Heart University was 381st in 2012 with an endowment of $112,728,000.
University of Bridgeport didn't show up in the study, which ranked the top 843 endowments. Sorry UB.
UConn, the state's premiere public university might be in the top for basketball, but it's only 209th when it comes to an endowment. The Huskies had $311,331,000.
Middletown's Wesleyan University is known for kids who like to protest, but it's also got a healthy endowment, ranked 124th in the nation at $600,529,000.
Western Connecticut State University, where they predict the weather, can't seem to predict the stock market. WCSU's endowment ranked 771st at $12,764,000. Hopefully, the Lama will throw in a good word for the Danbury U.
New Haven-based Yale just can't catch Harvard in anything. Don't cry for the Yalie's though, they have the second biggest endowment in the nation at $19,345,000,000. Yes that's in billions.