Florida Endowment?

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Was listening to a podcast today about Kiffin leaving for UF. Their endowment fund is over 2 Billion.

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Do you know what an endowment is?

Yeah most donations to endowments have very specific rules about use of funds in part because of its non profit status.

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Endowment has nothing to do with athletic funding.

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If you think endowment means anything when it comes to football funding, you’re a moron.

Harvard, Vandy, Northwestern and all the other “nerd” schools would dominate

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Sure I understand that. I believe the point these guys were making is that UF simply has more resources beyond the athletic realm.

As for the Ivy League schools, if they wanted to decrease their admissions standards and pursue football, I'd say they would have the alumni to purchase any athlete they desired.

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where does the NIL funding come from

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boosters, businesses, and fans. 

Some collectives use a subscription-based payment system, while others accept one-time donations. 

They are seperate entities from the Univeristy itself, although they coordinate with the University. It's a work around to stay compliant with NCAA rules.

Endowments are directly Univeristy focused with specific, usually specific, rules for how they are allocated and used. Typically, they are intenfed solely for a university's educational, scientific, and charitable activities, but they are managed by the Univeristy within the donors parameters.

Fla endowment? Bout 3.5 inches.

Poors.

LINK /


Rank Institution name State Total endowment market value Year-over-year percent change in value Endowment value per full-time-equivalent student
1 Harvard University MA $49.5B 0.1% $2M
2 University of Texas System TX $45B 5.4% $233.2K
3 Yale University CT $40.7B -1.5% $2.8M
4 Stanford University CA $36.5B 0.4% $2.1M
5 The Trustees of Princeton University NJ $34.1B -4.8% $3.8M
6 Massachusetts Institute of Technology MA $23.5B -5.2% $2M
7 Trustees of the University of Pennsylvania PA $21B 1.2% $835K
8 The Texas A&M University System & Related Foundations TX $19.3B 5.7% $156.3K
9 University of Michigan MI $17.9B 3% $301.4K
10 The Regents of the University of California CA $17.7B 14.7% $60.1K
11 University of Notre Dame IN $16.6B -0.7% $1.3M
12 Northwestern University IL $13.7B -3% $666.2K
13 Trustees of Columbia University NY $13.6B 2.7% $447.1K
14 Duke University NC $13.2B 9.3% $745.9K
15 Washington University MO $11.5B -6.4% $743.5K
16 The Johns Hopkins University MD $10.5B 27.8% $468.8K
17 Emory University GA $10.2B 2.4% $682K
18 Cornell University NY $10B 2% $368.6K
19 The University of Chicago IL $9.9B -0.5% $532.8K
20 University of Virginia VA $9.8B -0.6% --

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So where does the NIL funding come from?

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donors / jock sniffers / groupies

Endowments are like tax write offs for the really rich but the IRS has some rules to follow

Richie Rich has say 100 million dollars and the IRS willl take a hard bite of that when he dies. He writes a check for 1 million to good old State U to endow a "chair" they name after old Richie for the business school for Bank Management. They put this money in an investment account and use the income to pay a professor, award scholarships to students, or say pay for hard assets for that academic program.

Ritchie gets his name on something and a nice tax deduction
State U gets money they can spend on usually overpriced goods
IRS gives its blessing

I think it is Harvard with a 40 to 50 billion endowment and no reflective football team of note

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Fla endowment? Bout 3.5 inches

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This one is to easy. I'll respond for Florida.

Bout 3.5 inches, from the floor!