Private School Endowments

[Anonymous]

Anonymous wrote:STA's endowment is very large. I don't know what but I've heard it's the largest in DC. It's what allows them to very generous with financial aid and to be the one DC school that is truly "need blind" for admissions. Something like 40% of the boys get aid while other schools (including NCS) are around 20%.

St. Alban's gives aid to 31%, according to their website. It's St. Anselm's that gives aid to over 40%.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:STA's endowment is very large. I don't know what but I've heard it's the largest in DC. It's what allows them to very generous with financial aid and to be the one DC school that is truly "need blind" for admissions. Something like 40% of the boys get aid while other schools (including NCS) are around 20%.

Well, not quite. According to its own website it’s 31 percent, which is pretty far from 40.

Interesting. Our school is at 30%. Would definitely expect it to be higher at a wealthy school like STA.

Just another illustration of why I take virtually everything said on this website with a huge grain of salt. Folks routinely pull facts and figures out of their asses that are easily debunked by a ten second google search.

Like the poster above who says that endowments don’t support financial aid. That’s absolutely not true and again easily debunked by a quick search on Google.

Just look at the school's 990 schedule d pt5

[Anonymous]

Anonymous wrote:

Anonymous wrote:STA's endowment is very large. I don't know what but I've heard it's the largest in DC. It's what allows them to very generous with financial aid and to be the one DC school that is truly "need blind" for admissions. Something like 40% of the boys get aid while other schools (including NCS) are around 20%.

Well, not quite. According to its own website it’s 31 percent, which is pretty far from 40.

STA is traditionally 31-35% depending on year. NCS is 19-21% depending on year.
NCS will give out 3.3 million in aid, STA 5.8.

[Anonymous]

Looks like NCS endowment was $40.2 in 2022.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:These endowments are all on the low side, even at the top of the list.

This depends on what you are comparing to, of course.

They're not low if you compare to other areas populated like the DC area (vs NY or LA, etc.). Also boarding schools are not comparable - apples to oranges. Anything 10 million plus isn't low, even 5 million plus is high when comparing nationwide.

Um, the DC schools have half the endowment of the top Baltimore schools. That isn’t surprising to you?

[Anonymous]

STA endowment (per the school) in 2019 was $82 million

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:STA's endowment is very large. I don't know what but I've heard it's the largest in DC. It's what allows them to very generous with financial aid and to be the one DC school that is truly "need blind" for admissions. Something like 40% of the boys get aid while other schools (including NCS) are around 20%.

Well, not quite. According to its own website it’s 31 percent, which is pretty far from 40.

STA is traditionally 31-35% depending on year. NCS is 19-21% depending on year.
NCS will give out 3.3 million in aid, STA 5.8.

The website says 31. If the real range in recent years were 31 to 35 I suspect the website would say that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:These endowments are all on the low side, even at the top of the list.

This depends on what you are comparing to, of course.

They're not low if you compare to other areas populated like the DC area (vs NY or LA, etc.). Also boarding schools are not comparable - apples to oranges. Anything 10 million plus isn't low, even 5 million plus is high when comparing nationwide.

Um, the DC schools have half the endowment of the top Baltimore schools. That isn’t surprising to you?

The Baltimore Boarding Schools have been around for generations and the ones you're referring to pre-date the city's massive decline. "Old money." a historic era including the family of the likes of Nancy Peloski, Wallis Simpson, etc..

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:STA's endowment is very large. I don't know what but I've heard it's the largest in DC. It's what allows them to very generous with financial aid and to be the one DC school that is truly "need blind" for admissions. Something like 40% of the boys get aid while other schools (including NCS) are around 20%.

Well, not quite. According to its own website it’s 31 percent, which is pretty far from 40.

STA is traditionally 31-35% depending on year. NCS is 19-21% depending on year.
NCS will give out 3.3 million in aid, STA 5.8.

The website says 31. If the real range in recent years were 31 to 35 I suspect the website would say that.

It's not a static percentage year-over-year at any school. Some years they have more families with significant need or they have more faculty kids. STA gives a full ride to faculty kids ($56K or whatnot each kid). You have a few faculty members with multiple kids and they can skew the data entirely on their own.

This isn't some conspiracy theory. The number (or percentage) of kids getting aid in any one year varies.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:STA's endowment is very large. I don't know what but I've heard it's the largest in DC. It's what allows them to very generous with financial aid and to be the one DC school that is truly "need blind" for admissions. Something like 40% of the boys get aid while other schools (including NCS) are around 20%.

Well, not quite. According to its own website it’s 31 percent, which is pretty far from 40.

STA is traditionally 31-35% depending on year. NCS is 19-21% depending on year.
NCS will give out 3.3 million in aid, STA 5.8.

The website says 31. If the real range in recent years were 31 to 35 I suspect the website would say that.

It's not a static percentage year-over-year at any school. Some years they have more families with significant need or they have more faculty kids. STA gives a full ride to faculty kids ($56K or whatnot each kid). You have a few faculty members with multiple kids and they can skew the data entirely on their own.

This isn't some conspiracy theory. The number (or percentage) of kids getting aid in any one year varies.

Yes, I understand that. But you would expect that the school would try to present the availability of financial aid in as good a light as possible. Why aren’t they doing that? And why aren’t you providing an actual link that supports what you’re saying?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:These endowments are all on the low side, even at the top of the list.

This depends on what you are comparing to, of course.

They're not low if you compare to other areas populated like the DC area (vs NY or LA, etc.). Also boarding schools are not comparable - apples to oranges. Anything 10 million plus isn't low, even 5 million plus is high when comparing nationwide.

Um, the DC schools have half the endowment of the top Baltimore schools. That isn’t surprising to you?

The Baltimore Boarding Schools have been around for generations and the ones you're referring to pre-date the city's massive decline. "Old money." a historic era including the family of the likes of Nancy Peloski, Wallis Simpson, etc..

Gilman is not a boarding school, its endowment is $180 million. Even the Baltimore girl’s day schools, for which giving is always more restrained, are up there with the top DC privates.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:These endowments are all on the low side, even at the top of the list.

This depends on what you are comparing to, of course.

They're not low if you compare to other areas populated like the DC area (vs NY or LA, etc.). Also boarding schools are not comparable - apples to oranges. Anything 10 million plus isn't low, even 5 million plus is high when comparing nationwide.

Um, the DC schools have half the endowment of the top Baltimore schools. That isn’t surprising to you?

The Baltimore Boarding Schools have been around for generations and the ones you're referring to pre-date the city's massive decline. "Old money." a historic era including the family of the likes of Nancy Peloski, Wallis Simpson, etc..

Gilman is not a boarding school, its endowment is $180 million. Even the Baltimore girl’s day schools, for which giving is always more restrained, are up there with the top DC privates.

#teambaltimore

[Anonymous]

Flint Hill
$5,769,666.00
https://projects.propublica.org/nonprofits/organizations/541538212/202300549349300505/IRS990ScheduleD

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:These endowments are all on the low side, even at the top of the list.

This depends on what you are comparing to, of course.

They're not low if you compare to other areas populated like the DC area (vs NY or LA, etc.). Also boarding schools are not comparable - apples to oranges. Anything 10 million plus isn't low, even 5 million plus is high when comparing nationwide.

Um, the DC schools have half the endowment of the top Baltimore schools. That isn’t surprising to you?

The Baltimore Boarding Schools have been around for generations and the ones you're referring to pre-date the city's massive decline. "Old money." a historic era including the family of the likes of Nancy Peloski, Wallis Simpson, etc..

Some of the DC schools, i.e. The Cathedral Schools and Sidwell, are just as old. Stop grasping at straws.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:These endowments are all on the low side, even at the top of the list.

This depends on what you are comparing to, of course.

They're not low if you compare to other areas populated like the DC area (vs NY or LA, etc.). Also boarding schools are not comparable - apples to oranges. Anything 10 million plus isn't low, even 5 million plus is high when comparing nationwide.

Um, the DC schools have half the endowment of the top Baltimore schools. That isn’t surprising to you?

The Baltimore Boarding Schools have been around for generations and the ones you're referring to pre-date the city's massive decline. "Old money." a historic era including the family of the likes of Nancy Peloski, Wallis Simpson, etc..

Some of the DC schools, i.e. The Cathedral Schools and Sidwell, are just as old. Stop grasping at straws.

Sidwell's endowment is 50 plus million. The "Cathedral Schools" collectively likely tops 100 million. On a side note, I love Baltimore.