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SEC School Endowments through 2019
Posted on 6/27/20 at 3:38 pm
Posted on 6/27/20 at 3:38 pm
Billion Dollar Club
Texas A&M - 13.5 B
Vanderbilt - 6.2 B
Florida - 1.8 B
Missouri - 1.7 B
Alabama - 1.5 B
Kentucky - 1.4 B
Georgia - 1.3 B
Tennessee - 1.3 B
Arkansas - 1.2 B
Poor Club
Auburn - 793 M
South Carolina - 788 M
Ole Miss - 736 M
Mississippi State - 736 M
Trying to keep the lights on Club
LSU - 521 M
Texas A&M - 13.5 B
Vanderbilt - 6.2 B
Florida - 1.8 B
Missouri - 1.7 B
Alabama - 1.5 B
Kentucky - 1.4 B
Georgia - 1.3 B
Tennessee - 1.3 B
Arkansas - 1.2 B
Poor Club
Auburn - 793 M
South Carolina - 788 M
Ole Miss - 736 M
Mississippi State - 736 M
Trying to keep the lights on Club
LSU - 521 M
19
Posted on 6/27/20 at 3:41 pm to Mizsioux
Posted on 6/27/20 at 3:43 pm to lsu711
How long before you have to pawn that to keep the doors open?
Posted on 6/27/20 at 3:44 pm to Mizsioux
quote:
Texas A&M - 13.5 B
Expect this to go WAY down soon.
Posted on 6/27/20 at 3:49 pm to Mizsioux
That’s one question. How much is it worth? If Mizzou could buy one, how much would they pay?
Posted on 6/27/20 at 3:51 pm to lsu711
Can you ask Will Wade for me? He seems to be good at the whole pricing thing.
Posted on 6/27/20 at 3:57 pm to Mizsioux
I don't quite understand why you have to pay tuition to public universities with endowments that size. You could pay every dime of the students' tuition fees with the interest that kind of money generates and still have money left over.
Posted on 6/27/20 at 4:03 pm to Mizsioux
It’s a little misleading to compare the University if Alabama system endowment to LSU. But you’ve made the intent of the thread very clear.
Posted on 6/27/20 at 4:04 pm to Mizsioux
Why do colleges need to sit on that much money?
Posted on 6/27/20 at 4:08 pm to Mizsioux
These numbers make sense given the comparative size of the school systems. What exactly are you trying to prove?
Posted on 6/27/20 at 4:11 pm to lsu711
quote:
That’s one question. How much is it worth? If Mizzou could buy one, how much would they pay?
$1.7 billion.
Posted on 6/27/20 at 4:12 pm to phil4bama
quote:
I don't quite understand why you have to pay tuition to public universities with endowments that size. You could pay every dime of the students' tuition fees with the interest that kind of money generates and still have money left over.
This falls in the category of “Bloomberg could’ve given everyone a million dollars”. Not even close.
Posted on 6/27/20 at 4:13 pm to Mizsioux
Posted on 6/27/20 at 4:15 pm to PlateJohnsonIII
Just stating facts no ulterior motives. At least no ulterior motives relating to State.
Posted on 6/27/20 at 4:39 pm to Mizsioux
thats probably the only way your school will ever get one.
Posted on 6/27/20 at 4:39 pm to EST
Endowments exist because people invest them to create scholarships (or funds to pay for research salaries, buildings, etc) in perpetuity through the earnings (interest, investment gains, etc) off that initial endowment gift.
So, the money itself is there to insure gifts exist each year for a specific purpose. If you spent it all, great for that one thing, but the perpetual scholarship that a different kid gets each year is gone.
Also - almost all endowments are basically unable to be spent by the university. They were given by a donor for a specific purpose - and they are not allowed to touch the gift itself (corpus). The universities couldn't spent that money unless the donor changed the intent of the donation.
So, the university isn't to blame for having large endowment balances "sitting" on the sideline. The donors who created them are. The universities simply adhere to the contract agreement made with the donor. And that money is sitting for a reason - to use it's earnings for good year after year instead of in one lump usage.
So, the money itself is there to insure gifts exist each year for a specific purpose. If you spent it all, great for that one thing, but the perpetual scholarship that a different kid gets each year is gone.
Also - almost all endowments are basically unable to be spent by the university. They were given by a donor for a specific purpose - and they are not allowed to touch the gift itself (corpus). The universities couldn't spent that money unless the donor changed the intent of the donation.
So, the university isn't to blame for having large endowment balances "sitting" on the sideline. The donors who created them are. The universities simply adhere to the contract agreement made with the donor. And that money is sitting for a reason - to use it's earnings for good year after year instead of in one lump usage.
This post was edited on 6/27/20 at 4:44 pm
Posted on 6/27/20 at 4:44 pm to Mizsioux
Missouri Trophy Case through 2019
Posted on 6/27/20 at 4:50 pm to LaBR4
Posted on 6/27/20 at 4:51 pm to Mizsioux
I’d rather be poor and have nattys in MULTIPLE sports than be rich and have all the resources in the world and still field shite athletic teams. Talking to you Mizzou
Posted on 6/27/20 at 4:56 pm to Mizsioux
You would do better to list each colleges endowment for their campus location. Bama has a big chunk at UAB. UAT is not bad, but would qualify as one of your poors. Aggies is significantly larger than Texas which surprises me.
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