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I'm Envious of Liberty's Endowment
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Curtisc83 Offline
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Posts: 1,658
Joined: May 2013
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I Root For: Liberty U/Clemson
Location: Minot, ND
Post: #28
RE: I'm Envious of Liberty's Endowment
(05-17-2017 01:44 PM)billybobby777 Wrote:  
(05-17-2017 01:40 PM)Captain Bearcat Wrote:  
(05-16-2017 11:07 PM)Rabonchild Wrote:  I am green with envy With Liberty's endowment, they could buy 12 games a year at one million dollars each for the next 83 years (that's right the next century 2100).

They will thrive and survive. Time is on their side. And I want to play them every year. I want to beat the stuffings out of them and them beat the stuffings out of us. It will be the saints against the "Greedy Green Gold Niners."

Something fishy is going on with Liberty's endowment.

815 university systems report their endowment level to NACUBO (the National Association of College and University Business Officers). Liberty is not one of them, which is VERY strange.

According to IPEDS (which is self-reported data to the federal Department of Education), Liberty's endowment was 126,421,721 at the beginning of fiscal year 2014-15, and 1,054,285,564 at the end of the year.

That's a $927 million jump in one year (up 833%). Where did that come from in one year? It wasn't a gift: that would be headline news, and Google tells me that largest gift they received was $70 million in 1998.

That's crazy! Ok, how do you transfer $927 million to your endowment in 1 year? Where was that $927 million before it was put in the endowment?

Ummm obviously we found the treasure from the treasure map.
05-17-2017 02:01 PM
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RE: I'm Envious of Liberty's Endowment - Curtisc83 - 05-17-2017 02:01 PM



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