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Phila. area college endowments, and how they've grown

Stock market boosts endowments; list of Philly schools

Last year's rising stock markets pumped billions of dollars into the nation's college endowments. Harvard remains the nation's richest, at $36 billion (corrected, thanks Tom), up 11% (investment profits + donations - endowment spending), according to the National Association of College and University Business Officers/Commonfund Institute yearly survey. The University of Texas state system passed Yale to rise into second place, with $23.9 billion, up 24 percent.

Schools with fat endowments sometimes use them for operating expenses and tuition discounts. Smaller schools tend to save them for use on big buildings and other capital projects.

Here's how Pennsylvania and Philadelphia-area colleges with endowments >$200 million boosted endowments in their 2014 fiscal years: the 12-month periods may vary from one school to another (Jan. to Dec. vs. July to June, etc.) Rank is from the NACUBO/Commonfund national list of universities by endowment size:

5. Princeton -- $21 billion, up 15%
10. University of Pennsylvania -- $9.6 billion, up 24%
25. Pitt -- $3.5 billion, up 17%
27. Penn State -- $3.4 billion, up 17%
47. Swarthmore -- $1.9 billion, up 15%
55. Carnegie Mellon -- $1.6 billion, up 17%
69. Delaware -- $1.3 billion, up 12%
75. Lehigh -- $1.2 billion, up 10%
90. Princeton Theological -- $1 billion, up 12%
100. Rutgers - $919 million, up 17%
111. Bryn Mawr -- $854 million, up 20%
113. Lafayette -- $801 million, up 11%
128. Bucknell -- $751 million, up 13%
141. Drexel -- $660 million, up 13%
171. Villanova -- $511 million, up 22%
174. Haverford -- $495 million, up 14%
206. Dickinson -- $296 million, up 11%
214. Temple -- $375 million, up 16%
222. Franklin & Marshall -- $339 million, up 11%
244. Gettysburg -- $286 million, up 16%
264. Philadelphia Osteopathic -- $262 million, up 29%
265. Duqusne  - $261 million, up 28%
267. Muhlenberg College -- $257 million, up 30%
293. St. Joseph's -- $209 million, up 8%