15. Duke - 5,747,377,000
19. UVA - 4,760,515,000
26. Pitt - 2,527,398,000
29. UNC - 2,260,970,000
38. BC - 1,726,100,000
44. GT - 1,619,718,000
69. Wake - 1,058,250,000
83. Cuse - 913,662,000
93. MD - 791,809,000
101. Miami - 719,852,000
123. NC St - 617,632,000
130. VT - 600,648,000
141. FSU - 525,260,000
152. Clem - 473,748,000

Note: The link below is funky. Delete "%E2%80%8B" from the url so it says January and it will work.

http://www.nacubo.org/Documents/research...7_2012.pdf

VT recently completed a 1 billion campaign to raise the endowment. So, I think VT is higher than that.

(02-01-2012 01:21 AM)ChrisLords Wrote:  VT recently completed a 1 billion campaign to raise the endowment. So, I think VT is higher than that.

I don't know what the date on the information is. I just know they are calling it the 2011 numbers. They may have had a June 30th cutoff like the DOE does.

What exactly is an endowment?

(02-01-2012 10:04 PM)ndlutz Wrote:  What exactly is an endowment?

I believe it is the total value of a schools assets including, land, buildings and investments.

(02-02-2012 01:33 AM)ChrisLords Wrote:  

(02-01-2012 10:04 PM)ndlutz Wrote:  What exactly is an endowment?

I believe it is the total value of a schools assets including, land, buildings and investments.

Not exactly. A school's endowment is their investment base that they then use to pay for everything that tuition, private donations, and state assistance don't cover. It's typically used for scholarships and specialty faculty. Schools generally spend no more than 5% of their endowment and reinvest the rest to keep it growing.

A school's endowment per student is a good way to gauge the level of resources available to a student. 20 years ago, Maryland's endowment was practically non-existent. We got a new president from Berkeley that said we needed at least $1B to be the university he wanted it to be. We're not quite there yet, but we're making good progress. Here's hoping for Google and Under Armour money.

(02-01-2012 01:21 AM)ChrisLords Wrote:  VT recently completed a 1 billion campaign to raise the endowment. So, I think VT is higher than that.

http://newsroanoke.com/?p=13849

The article there says we raised 1.1 billion but apparently not all of it was endowments. So 27% were endowments and it made our figure the 600 million. I think the rest must be pledged giving.

(02-02-2012 04:52 PM)4x4hokies Wrote:  

(02-01-2012 01:21 AM)ChrisLords Wrote:  VT recently completed a 1 billion campaign to raise the endowment. So, I think VT is higher than that.

http://newsroanoke.com/?p=13849

The article there says we raised 1.1 billion but apparently not all of it was endowments. So 27% were endowments and it made our figure the 600 million. I think the rest must be pledged giving.

It said the fundraising was for capital projects and raising the endowments. Are there new buildings or facilities being built on campus?

(02-02-2012 10:56 PM)Shannon Panther Wrote:  

(02-02-2012 04:52 PM)4x4hokies Wrote:  

(02-01-2012 01:21 AM)ChrisLords Wrote:  VT recently completed a 1 billion campaign to raise the endowment. So, I think VT is higher than that.

http://newsroanoke.com/?p=13849

The article there says we raised 1.1 billion but apparently not all of it was endowments. So 27% were endowments and it made our figure the 600 million. I think the rest must be pledged giving.

It said the fundraising was for capital projects and raising the endowments. Are there new buildings or facilities being built on campus?

There are tons of new buildings but they use bonds to build most of them I believe. They also had the rules changed some where they can keep their profits w/out being penalized so they make money off of the corporate research center and patents now. Most of the new buildings are to facilitate research so I guess they pay for themselves some too.

(02-02-2012 04:52 PM)4x4hokies Wrote:  

(02-01-2012 01:21 AM)ChrisLords Wrote:  VT recently completed a 1 billion campaign to raise the endowment. So, I think VT is higher than that.

http://newsroanoke.com/?p=13849

The article there says we raised 1.1 billion but apparently not all of it was endowments. So 27% were endowments and it made our figure the 600 million. I think the rest must be pledged giving.

Donations don't always go into endowments. They might be to cover immediate costs, like renovations, new projects or one-time scholarships. Endowments imply specific funds of money where the intention is for the donation(s) to fund some cause for perpetuity. As mentioned above, the original endowment donation (pooled together with all the others) is invested in order to 1) cover the rate of inflation so the endowment doesn't decrease in value, 2) grow the principal over the rate of endowment 3) most importantly, pay out the actual purpose of a donation...typically as mentioned, 5% of the principal.

So if you donate something like $1 million to endow a scholarship fund, and the endowment is managed properly, the investment return will pay out $50,000 a year in perpetuity to pay for the scholarship, and will also also cover inflation so that, in theory, the endowed fund doesn't have less purchasing power the following year.

Now to make that more provocative make it endowment dollars per capita. I imagine with a total enrollment of under 25,000 ... that would move GT into the top 15 or 20.

(02-03-2012 04:53 AM)georgia_tech_swagger Wrote:  Now to make that more provocative make it endowment dollars per capita. I imagine with a total enrollment of under 25,000 ... that would move GT into the top 15 or 20.

That's a good point. I'd like to see a list of endowment per student, then look at the various rankings for a school. It's a good indicator if the school is able to do more with less, or the other way around.

Here's a list that you can sort by 2006 endowment/student. There are only ~50 schools on this list though.
http://en.wikipedia.org/wiki/List_of_col..._endowment

Endowment per student is the best measure. And really, it is probably even better to do it by endowment/student+faculty.

(02-03-2012 08:59 AM)AtlanticLeague Wrote:  

(02-03-2012 04:53 AM)georgia_tech_swagger Wrote:  Now to make that more provocative make it endowment dollars per capita. I imagine with a total enrollment of under 25,000 ... that would move GT into the top 15 or 20.

That's a good point. I'd like to see a list of endowment per student, then look at the various rankings for a school. It's a good indicator if the school is able to do more with less, or the other way around.

Here's a list that you can sort by 2006 endowment/student. There are only ~50 schools on this list though.
http://en.wikipedia.org/wiki/List_of_col..._endowment

Hey just to follow up on an old conversation, but I pulled endowment per FTE student numbers from IPED.

Here's what they are for the ACC. (national rank out of 2670 schools in parenthesis)

1. Notre Dame $538,089 (#39)
2. Duke $363,574 (#65)
3. UVA $190,398 (#134)
4. Wake $139,556 (#171)
5. BC $133,579 (#182)
6. Pitt $86,198 (#265)
7. UNC $77,447 (#280)
8. Georgia Tech $76,341 (#284)
9. Miami $44,848 (#400)
10. Syracuse $44,671 (#401)
11. Louisville $40,355 (#427)
12. NC State $20,086 (#695)
13. Virginia Tech $18,795 (#729)
14. Florida State $18,056 (#753)
15. Clemson $8,774 (#1073)

Here's the breakdown among power conferences followed by the conference means and medians.

1 Stanford University 1,060,647
2 University of Notre Dame 538,089
3 Duke University 363,574
4 Northwestern University 290,741
5 Vanderbilt University 286,321
6 University of Virginia-Main Campus 190,398
7 University of Michigan-Ann Arbor 167,073
8 Wake Forest University 139,556
9 Texas Christian University 137,649
10 Boston College 133,579
11 University of Southern California 102,547
12 University of Pittsburgh-Pittsburgh Campus 86,198
13 University of North Carolina at Chapel Hill 77,447
14 Georgia Institute of Technology-Main Campus 76,341
15 Baylor University 66,266
16 The University of Texas at Austin 61,618
17 University of Wisconsin-Madison 57,948
18 University of California-Berkeley 51,937
19 University of Minnesota-Twin Cities 49,485
20 University of Washington-Seattle Campus 48,326
21 Purdue University-Main Campus 48,062
22 University of Kansas 46,992
23 University of Miami 44,848
24 Syracuse University 44,671
25 University of Louisville 40,355
26 University of Arkansas 40,054
27 University of Iowa 39,166
28 Michigan State University 38,937
29 University of Kentucky 37,452
30 Pennsylvania State University-Main Campus 37,127
31 University of Oklahoma Norman Campus 35,934
32 Ohio State University-Main Campus 34,910
33 University of California-Los Angeles 33,586
34 University of Colorado Foundation* 29,365
35 Washington State University 28,584
36 University of Mississippi 27,107
37 University of Florida 22,817
38 The University of Alabama 21,764
39 The University of Tennessee 21,495
40 Iowa State University 21,225
41 University of Illinois at Urbana-Champaign 20,938
42 University of Utah 20,395
43 North Carolina State University at Raleigh 20,086
44 University of Missouri-Columbia 19,918
45 Indiana University-Bloomington 19,877
46 Mississippi State University 18,854
47 University of Oregon 18,807
48 Virginia Polytechnic Institute and State University 18,795
49 Oregon State University 18,148
50 Florida State University 18,056
51 Auburn University 17,119
52 Texas Tech University 16,604
53 Kansas State University 16,350
54 Louisiana State University and Agricultural & Mechanical College 15,442
55 University of Arizona 15,178
56 Oklahoma State University-Main Campus 14,035
57 University of South Carolina-Columbia 13,901
58 Rutgers University-New Brunswick 13,842
59 University of Maryland-College Park 12,550
60 West Virginia University 12,391
61 Clemson University 8,774
62 Arizona State University 8,070
63 University of Nebraska-Lincoln 8,069
64 Texas A & M University-College Station 7,919
65 University of Georgia 1,890

ACC mean ACC median
120051.1333 76341

Pac-12 mean median
119632.5 28974.5

Big Ten mean median
59908.92857 38032

Big 12 mean median
42906.4 28579.5

SEC mean median
39432.35714 20706.5

Unfortunately while the recent fund raising was successful most of it was used for immediate needs rather than investing in the endowment. This is because of the dire lack of investment in higher education by the state. Vt used that money for finding alot of the capital improvements . Yrs they issued bonds but this money was the guarantee for the bonds. Other wards vt borrows at lower rate while investing in higher rate and makes additional money. It was used to keep tuition under check. This comparison is good to help schools like fsu vt and Clemson in advising their support base how much further they need to go . For many of our middle income fan base they cannot conceive of many of the endowments in the billions and finding out the half a billion is no where adequate,

(02-02-2012 11:10 PM)4x4hokies Wrote:  

(02-02-2012 10:56 PM)Shannon Panther Wrote:  

(02-02-2012 04:52 PM)4x4hokies Wrote:  

(02-01-2012 01:21 AM)ChrisLords Wrote:  VT recently completed a 1 billion campaign to raise the endowment. So, I think VT is higher than that.

http://newsroanoke.com/?p=13849

The article there says we raised 1.1 billion but apparently not all of it was endowments. So 27% were endowments and it made our figure the 600 million. I think the rest must be pledged giving.

It said the fundraising was for capital projects and raising the endowments. Are there new buildings or facilities being built on campus?

There are tons of new buildings but they use bonds to build most of them I believe. They also had the rules changed some where they can keep their profits w/out being penalized so they make money off of the corporate research center and patents now. Most of the new buildings are to facilitate research so I guess they pay for themselves some too.

Rank Institution 2011 Funds 2010 Funds % Change

14 University of Notre Dame $6,259,598 $5,234,841 19.6


http://www.nacubo.org/Documents/research...7_2012.pdf

(06-21-2013 06:36 AM)TerryD Wrote:  Rank Institution 2011 Funds 2010 Funds % Change

14 University of Notre Dame $6,259,598 $5,234,841 19.6


http://www.nacubo.org/Documents/research...7_2012.pdf

That's a year old, here's the update one for FY12
http://www.nacubo.org/Documents/research...232013.pdf

(06-21-2013 05:38 AM)Fburghokie Wrote:  Unfortunately while the recent fund raising was successful most of it was used for immediate needs rather than investing in the endowment. This is because of the dire lack of investment in higher education by the state. Vt used that money for finding alot of the capital improvements . Yrs they issued bonds but this money was the guarantee for the bonds. Other wards vt borrows at lower rate while investing in higher rate and makes additional money. It was used to keep tuition under check. This comparison is good to help schools like fsu vt and Clemson in advising their support base how much further they need to go . For many of our middle income fan base they cannot conceive of many of the endowments in the billions and finding out the half a billion is no where adequate,

That's how it is at most schools. With the biggest endowments, most increases in endowments year-to-year are from investment returns, not fundraising. Endowment returns also generally make up a small % of the overall budget. At Pitt, it is only like 2% of annual revenues (compared to 3.4% for annual gifts and 7.5% of state appropriations). So while it is important to run certain programs every year and offset falling public support, more is made of it than its actual annual impact. You really need to look at the total financial situation of any one school (much harder to do). I wouldn't call VT's fundraising "unfortunate" just because more wasn't plowed into endowments.

Unfortunate maybe is a strong word, but I think it realize the great work raising money, there still a huge needs, that balance between operations and long term viability.

For the schools like stanford in athletics the big thing they have going for them, is they have endowed all their athletic scholarships for their vast programs. This allows a remarkable opportunity for sustainable program and grow and not worry if they get enough money a year to fund scholarships.

(06-21-2013 10:56 AM)CrazyPaco Wrote:  

(06-21-2013 05:38 AM)Fburghokie Wrote:  Unfortunately while the recent fund raising was successful most of it was used for immediate needs rather than investing in the endowment. This is because of the dire lack of investment in higher education by the state. Vt used that money for finding alot of the capital improvements . Yrs they issued bonds but this money was the guarantee for the bonds. Other wards vt borrows at lower rate while investing in higher rate and makes additional money. It was used to keep tuition under check. This comparison is good to help schools like fsu vt and Clemson in advising their support base how much further they need to go . For many of our middle income fan base they cannot conceive of many of the endowments in the billions and finding out the half a billion is no where adequate,

That's how it is at most schools. With the biggest endowments, most increases in endowments year-to-year are from investment returns, not fundraising. Endowment returns also generally make up a small % of the overall budget. At Pitt, it is only like 2% of annual revenues (compared to 3.4% for annual gifts and 7.5% of state appropriations). So while it is important to run certain programs every year and offset falling public support, more is made of it than its actual annual impact. You really need to look at the total financial situation of any one school (much harder to do). I wouldn't call VT's fundraising "unfortunate" just because more wasn't plowed into endowments.

(06-21-2013 11:30 AM)Fburghokie Wrote:  Unfortunate maybe is a strong word, but I think it realize the great work raising money, there still a huge needs, that balance between operations and long term viability.

For the schools like stanford in athletics the big thing they have going for them, is they have endowed all their athletic scholarships for their vast programs. This allows a remarkable opportunity for sustainable program and grow and not worry if they get enough money a year to fund scholarships.

(06-21-2013 10:56 AM)CrazyPaco Wrote:  

(06-21-2013 05:38 AM)Fburghokie Wrote:  Unfortunately while the recent fund raising was successful most of it was used for immediate needs rather than investing in the endowment. This is because of the dire lack of investment in higher education by the state. Vt used that money for finding alot of the capital improvements . Yrs they issued bonds but this money was the guarantee for the bonds. Other wards vt borrows at lower rate while investing in higher rate and makes additional money. It was used to keep tuition under check. This comparison is good to help schools like fsu vt and Clemson in advising their support base how much further they need to go . For many of our middle income fan base they cannot conceive of many of the endowments in the billions and finding out the half a billion is no where adequate,

That's how it is at most schools. With the biggest endowments, most increases in endowments year-to-year are from investment returns, not fundraising. Endowment returns also generally make up a small % of the overall budget. At Pitt, it is only like 2% of annual revenues (compared to 3.4% for annual gifts and 7.5% of state appropriations). So while it is important to run certain programs every year and offset falling public support, more is made of it than its actual annual impact. You really need to look at the total financial situation of any one school (much harder to do). I wouldn't call VT's fundraising "unfortunate" just because more wasn't plowed into endowments.

Endowing athletic scholarships is great, but you should be cautious about comparing any school to Stanford. They are on a different level academically, financially, resource wise, physical plant wise to almost any other school playing major sports. Stanford is what Harvard and Yale would be if they hadn't decided to deemphasize athletics in the 1950s. Actually, I couldn't imagine what Harvard, Yale, Princeton and Penn, and really college athletics in the northeast in general, might be like today if they hadn't done that. Imagine four or more Stanfords plopped down in the Northeast. How does that change the balance of power?