Big endowments often allow schools to subsidize the cost of a student’s education. This subsidy does not usually mean that most parents pay less tuition, rather it means that a well-endowed school may be able to offer more versus a tuition driven school at the same cost; more being smaller classes, more extracurricular activities, electives, and the like. Big endowments may also allow a school to admit more students on financial aid, leading to a more diverse student body.
Private School Endowments
Given the young age of most of the schools in Houston, sizeable endowments are usually hard to come by. Outside of federal tax filings (from which religious organizations are exempt), most schools do not make endowment information readily available to the public. It’s a safe bet that if a school’s endowment isn’t publicized, it’s because there’s not much of one. (Source: IRS Form 990 via GuideStar and The Schools)
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