Fifth-richest: Stanford University
Endowment funds last year:
Change from previous year:
Students last fall:
for tuition, room and board for the 2011-12 academic year
For a school whose most famous graduates were dropouts (see
founders Larry Page and Sergey Brin, or the founders of
, for starters), Stanford University has a generous alumni community that last year contributed more than 36% of the year's $709 million raised for the fifth-largest endowment of any university in the U.S.
The money funds
of the school's operating budget, allowing Stanford to maintain a top-notch level of instruction that is perhaps so good it allows star pupils to drop out and get rich before getting their degrees.