Thank you.
Your support of Hopkins School is instrumental in enabling our faculty and students to innovate, thrive, and meet new challenges head on. Read on to learn more about the impact of your generosity.
To Our Community Members and Friends,
The 2025–2026 school year was one of continued progress across the Hopkins campus. Focusing on the priorities of our strategic plan, Hopeful Youths, we strengthened the academic experience by developing new advanced courses and introducing a sequence in Entrepreneurship. We also devised a new daily schedule that will support deep classroom learning and student well-being. And we continue to invest in our historic campus, with the top-to-bottom renovation of the Bud Erich Pool and with the design of the new Gibbs Center for Innovation (breaking ground in winter of 2027). These efforts are targeted at reinforcing the qualities that have long defined a Hopkins education: intellectual curiosity, thoughtful citizenship, and a lifelong love of learning.
The pages that follow reflect the generosity and dedication of the many alumni, parents, grandparents, faculty, staff, and friends whose generosity enables us to realize our vision. This year, they also include a closer look at one family’s enduring connection to Hopkins, as Peter Hill ’71 reflects on his brother Dana ’67 and the scholarship he established in his memory. Every gift, whether large or small, sustains exceptional teaching, strengthens our community, and invigorates the Hopkins experience. Thank you for your commitment to Hopkins and for the many ways you help advance our mission.
Matt Glendinning
Head of School
A Report from the Finance Committee
As Hopkins completed its 366th academic year, the School continued to build on the financial strength and thoughtful stewardship that support its mission. On June 30, 2026, the Hopkins endowment stood at $207.6 million, with $6.74 million drawn during the fiscal year to support operations.
The endowment is one of our most important resources, providing stability and enabling strategic investments in financial aid, faculty excellence, academic programs, and campus priorities. The Finance & Investment Committee, in partnership with School leadership and professional managers, oversees a portfolio designed to balance long-term growth with prudent risk management.
The Trustees remain committed to ensuring that Hopkins’ resources are managed with care and foresight. We are grateful to the entire Hopkins community whose generosity strengthens the School and helps ensure that future generations of students will benefit from the opportunities and experiences that define a Hopkins education.
Josh Samuelson '91
Chair, Finance Committee of the Hopkins Committee of Trustees
A Brother’s Influence, a School’s Impact:
The Dana M. Hill Jr. ’67 Scholarship
Peter Hill ’71 entered Hopkins as a freshman at a school where expectations ran high—academically, personally, and in the discipline of everyday life. It was a demanding place to find your footing, but with the steady encouragement of his older brother, Dana ’67, Peter found his. Today Peter honors Dana’s memory—and gives voice to his own gratitude for a Hopkins education—through the Dana M. Hill Jr. ’67 Scholarship Fund, which he established in 2024.
2025–2026 OVERVIEW
FACTS & FIGURES
Total Enrollment
Average Class Size
Students Supported by Financial Aid
Tuition per Student
Endowment
Endowment per Student
724
12
200
$54,800
$207.6M
$286.7K
GIVING SUMMARY
Total Gifts & Pledges to All Funds
Gifts to the Hopkins Fund
Day of Giving Total Raised
$54,555,201
$2,931,861
$436,829
2025 OPERATING BUDGET
HOPKINS ENDOWMENT
ENDOWMENT PHILOSOPHY
Hopkins’ endowment management philosophy is focused on balancing long-term financial sustainability with supporting the institution’s immediate educational mission. The endowment provides a relatively stable, predictable source of income, which helps fund scholarships, faculty salaries, academic programs, facilities, and more. To ensure its longevity, the school follows a disciplined investment strategy aimed at achieving favorable risk-adjusted returns and low volatility through all market cycles. This involves maintaining a diversified portfolio of assets, including equities, bonds, real estate, and alternative investments such as hedge funds and private equity.
Effective July 2026, the Committee of Trustees, in partnership with school leadership, retained Morgan Stanley to serve as Outsourced Chief Investment Officer in overseeing the endowment's investment and monitor performance on a quarterly basis. The goal is to achieve a rate of return that outpaces inflation and the school's spending rate, ensuring that the endowment grows over time. Hopkins follows an established annual spending policy, limiting withdrawals to 4.25% of a 12-quarter trailing average of the endowment’s value. This careful stewardship allows for predictable budgeting without eroding principal and ensures long-term financial health.
