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The richest black colleges: four institutions lead the race for crucial endowment assets. (includes related information on top 12 African American colleges and universities)
From:
Ebony
| Date:
November 1, 1997
| COPYRIGHT 1997 Johnson Publishing Co. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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The African American colleges with the largest endowments are Howard University, Spelman College, Hampton University and Morehouse College. Howard has an endowment of $215.5 million. Spelman historically has had the highest endowment per student when enrollment is included as a factor.
Four institutions lead the race for crucial endowment assets
FOR almost 100 years, the endowments of historically Black colleges were small-time affairs, consisting of a few thousand dolla...
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