That seems true. ND endowments is very high

https://www.usnews.com/education/best-colleges/the-short-list-college/articles/10-universities-with-the-biggest-endowments

 

SCHOOL (STATE)		END OF FISCAL YEAR 2021 ENDOWMENT		U.S. NEWS RANK
Harvard University (MA)		$53,200,000,000		3 (tie)
Yale University (CT)		$42,300,000,000		3 (tie)
Stanford University (CA)		$37,800,000,000		3 (tie)
Princeton University (NJ)		$37,000,000,000		1
Massachusetts Institute of Technology		$27,400,000,000		2
University of Pennsylvania		$20,500,000,000		7 (tie)
University of Notre Dame (IN)		$18,400,000,000		18 (tie)
Texas A&M University		$16,900,000,000		67 (tie)
University of Michigan—Ann Arbor		$16,800,000,000		25 (tie)
Washington University in St. Louis (MO)		$13,700,000,000		15 (tie)