Westover School

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Largest Endowments

Q: Which boarding schools with fewer than 200 students have the largest endowments?

The boarding schools with fewer than 200 students with the largest endowments are Foxcroft School, Westover School and Chatham Hall.

Q: How many boarding schools with fewer than 200 students are ranked for the largest endowments?

35 boarding schools with fewer than 200 students are ranked for the largest endowments.

The average endowment across the 35 ranked boarding schools with fewer than 200 students is $18 M (2026-27).

Among boarding schools with fewer than 200 students, the one with the largest endowment is Foxcroft School, with $101 M.

Quick Facts (26-27)

# Schools with < 200 Students Ranked: 35
Top 20 Range ($ M): $8 M–$101 M
Schools with < 200 Students Avg.: $18 M
National Avg.: $84 M

Quick Facts (26-27)

# Schools with < 200 Students Ranked: 35
Top 20 Range ($ M): $8 M–$101 M
Schools with < 200 Students Avg.: $18 M
National Avg.: $84 M

National Average School Endowment (Trends)

Showing 2016–2025. Full 12-year historical data available below ↓

Total Growth: +22.9% (+$15.6 million since 2016)

View Data

Year	National avg	YoY Change ($)	YoY Change (%)
2025	$83.8 million	▲ +$1.1 million	▲ +1.3%
2024	$82.7 million	▲ +$5.3 million	▲ +6.8%
2023	$77.4 million	▲ +$4 million	▲ +5.4%
2022	$73.4 million	▲ +$0.6 million	▲ +0.8%
2021	$72.8 million	▲ +$5.7 million	▲ +8.5%
2020	$67.1 million	▼ -$0.1 million	▼ -0.1%
2019	$67.2 million	▼ -$4.6 million	▼ -6.4%
2018	$71.8 million	▲ +$1.1 million	▲ +1.6%
2017	$70.7 million	▲ +$2.5 million	▲ +3.7%
2016	$68.2 million	▲ +$0.8 million	▲ +1.2%
2015	$67.4 million	▲ +$3.4 million	▲ +5.3%
2014	$64 million	—	—

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Show school map — National (Endowment range: $1M–$101M, avg $18M)

Endowment Range: $1M $101M Avg. Endowment: $18M

Frequently Asked Questions

Which boarding schools with fewer than 200 students have the largest endowments?

The boarding schools with fewer than 200 students with the largest endowments are Foxcroft School, Westover School and Chatham Hall.

How many boarding schools with fewer than 200 students are ranked for the largest endowments?

35 boarding schools with fewer than 200 students are ranked for the largest endowments.

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Did You Know?

Boarding schools that have larger students bodies or older histories are more likely to have larger endowments than other schools (since they have had more alumni over the years to donate funds).

Schools with lower endowments still often have excellent facilities and resources for students, but simply have not yet had the time or alumni base to build up endowments equivalent to older, larger schools.

Endowment per student is another metric for comparing endowments between schools of different size.

Smaller schools can often have a larger endowment per student figure than larger schools.