2010 Annual Financial Report

interesteddad
Mon, 22 Nov 2010 23:47:08 +0000

Swarthmore College posted the annual financial report for the year ending June 2010 today:

http://www.swarthmore.edu/Documents/administration/finance_investment_office/FinancialReport_09-10.pdf

The management discussion is a good comprehensive overview of the College’s finances and response to the economy. Good read.

Swarthmore had a very good year for endowment return, with a return of 14.8%. That’s the highest I’ve seen for a liberal arts college and one of the highest I’ve seen, period. I think the highest I’ve seen is Columbia’s 17%.

The five richest liberal arts colleges have finally all weighed in with their June 2010 annual financial statements. In order, the per student endowments (based on 2009-10 commmon data set enrollments):

$950,472 Pomona College
$827,321 Swarthmore College
$793,710 Amherst College *
$730,767 Williams College
$728,025 Grinnell College

** if you reduce Amherst’s endowment by the $100 million they borrowed for operating expenses/cash calls, their per student endowment would fall to $736,370. *

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