Author Archives: hbcumoney

Our inaugural list of the top 10 HBCU Endowments and their investment returns.

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Endowment (in millions) l Investment Return %

1. Howard University

$399,678 l 9.6%

2. Spelman College

$295,220 l 3.5%

3. Hampton University 

$212,712 l 10.0%

4. Florida A&M University

$96,154 l 9.6%

5. Meharry Medical College

$90,569 l 20.5%

6. Tuskegee University

$86,117 l 18.6%

7. Johnson C. Smith University

$45,190 l 21.6%

8. Bethune Cookman University

$34,035 l 12.1%

9. Tennessee State University

$31,212 l 7.9%

10. Texas Southern University

$29,767 l 2.6%

Take a look at how an endowment works. Not only scholarships but research, recruiting talented faculty & students, faculty salaries, and a host of other things can be paid for through a strong endowment. It ultimately is the lifeblood of a college or university.

Additional Notes:
NACUBO Average Endowment – $408 million (8.4%)
NACUBO Median Endowment – $74 million (7.4%)
Top 10 HWCU Endowments combined – $120 billion
Top 10 HBCU Endowments combined – $1.3 billion
Source: National Association of College & University Business Officers