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Private & Independent Schools
Reply to "Private School Endowments"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]These endowments are [b]all on the low side[/b], even at the top of the list. [/quote] This depends on what you are comparing to, of course. [/quote] 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.[/quote] Um, the DC schools have half the endowment of the top Baltimore schools. That isn’t surprising to you?[/quote] 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.. [/quote] 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. [/quote]
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