Exact(28)
But they have endowments, don't they?
Altogether, 71 institutions have endowments greater than $1 billion, and 145 have more than $500 million.
Few evangelical churches have endowments to compare with the older mainline Protestant congregations.
"Some organisations have endowments in the millions - but cannot make their payroll," she said.
(Harvard and Yale both have endowments of more than $10 billion. Princeton's is $8.7 billion).
Only 9,000 have endowments, said Susan Olsen, the executive director of the Friends of Woodlawn.
Similar(32)
While a few have endowment support to move beyond their reliance on tuition, most are heavily tuition-dependent.
In 2008, before the financial crisis, 76 had endowments of more than $1 billion 199 (including Columbia) had endowments of more than $5 billion; and 6 had endowments exceeding $10 billion.
None of the European business schools has endowments on the US scale.
Mr. McAuliffe said he believed that only about 20 orchestras in the nation had endowments of $50 million, and that probably not more than 10 had $100 million endowments.
(Others, like Harvard, continue to charge thousands of dollars a yet despite having endowments that could fund university operations for decades).
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