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[quote=Anonymous][quote]....Generally the older, best-known schools have the largest endowments. Phillips Exeter, founded in 1781, is the nation’s sixth-oldest boarding school. Even older schools are West Nottingham Academy in Colora, Md., Linden Hall in Lititz, Pa., the Governor’s Academy in Byfield, Mass., Salem Academy in Winston-Salem, N.C., and Phillips Academy in Andover, Mass., which now has $800 million. Choate Rosemary Hall’s endowment has reached $267 million.

[b]But some day schools, where endowments are generally far lower, are doing very well, too. The Westminster Schools in Atlanta have over $239 million in their coffers and the Brearley School in Manhattan has $100 million.[/b]
“Today, capital campaigns at New York’s private schools are likely to aim at $50 million,” Ms. Bass said. “That is almost the ground floor.”

[b]Indeed, fund-raisers at both day and boarding schools find that graduates feel more loyalty toward their secondary schools than to their colleges. [/b]
“I always tell people I was educated at Exeter and went to Yale,” said James H. Ottaway Jr., a former board member of Dow Jones & Company, whose most recent gift to Exeter was $10 million for its scholarship fund. “I have always given more money to Exeter because I felt it was the most educational experience and character-forming experience of my life.”

[b]Most private schools, of course, are not so rich. Of the 179 independent schools for which Commonfund, an investment group, manages money, 73 percent have endowments under $50 million. [/b]
But some prep schools can seem as luxurious as the nation’s top universities. Exeter’s 619-acre campus boasts two swimming pools, two hockey rinks, the largest secondary school library in the world, a cafeteria with made-to-order omelets for breakfast and classes with a typical student-teacher ratio of no more than 12 to one....[/quote]

D.C. area private schools have endowments under $50 million.  Goergetown Prep may hit the $50 million mark.  Private school boosters on DCUM have no money to put where their mouth is.  But, that won't stop them from bragging about "Big 3" of the bottom 4th quartile!

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