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<p>It’s not that complicated. University fiscal years end on June 30, and that’s the number that gets reported every year. It’s an annual snapshot, not some time lagged report. </p>
<p>Columbia’s numbers tend to come out later than other schools because Columbia is just slower than many schools in publishing it’s annual financial report.</p>
<p>We’re currently at $7.15 billion. This might be a helpful comparison [List</a> of U.S. colleges and universities by endowment - Wikipedia, the free encyclopedia](<a href=“http://en.wikipedia.org/wiki/List_of_U.S._colleges_and_universities_by_endowment]List”>List of colleges and universities in the United States by endowment - Wikipedia)</p>