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AndreWhere Offline
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Post: #81
RE: latest endowment numbers
(01-30-2014 11:10 AM)PGPirate Wrote:  
(01-30-2014 08:04 AM)MasMack Wrote:  Todge, you need to learn to paraphrase!!! Your posts are so long, it's beyond aggravating to attempt to read them.

He needs to learn a lot in general.

Well, at least he's at the world's #1 place for learning, located in America's #14th Best Front Porch City.
01-30-2014 11:15 AM
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DwayneW1 Offline
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Post: #82
RE: latest endowment numbers
I hate to agree with Eager Eagle on anything -

But I tend to agree with him on this issue, I trust the LA Legislative Auditor's number a lot more than I trust something off of wiki
01-30-2014 11:22 AM
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AndreWhere Offline
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Post: #83
RE: latest endowment numbers
(01-30-2014 11:22 AM)DwayneW1 Wrote:  I hate to agree with Eager Eagle on anything -

But I tend to agree with him on this issue, I trust the LA Legislative Auditor's number a lot more than I trust something off of wiki

I don't trust either of those sources.
01-30-2014 11:56 AM
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DwayneW1 Offline
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Post: #84
RE: latest endowment numbers
I trust the legislative auditor's office -

They may not be perfect, but they are more accurate than most and you KNOW how they are deriving their numbers
01-30-2014 04:35 PM
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eager eagle Offline
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Post: #85
RE: latest endowment numbers
(01-30-2014 11:56 AM)AndreWhere Wrote:  
(01-30-2014 11:22 AM)DwayneW1 Wrote:  I hate to agree with Eager Eagle on anything -

But I tend to agree with him on this issue, I trust the LA Legislative Auditor's number a lot more than I trust something off of wiki

I don't trust either of those sources.

Andre, the Louisiana Legislative Auditors office either performs the audits themselves OR engages certified public accounting firms to do the work. The La Tech audit I referred to was assigned to and performed by Heard, McElroy & Vestal cpa firm of Shreveport, La. who I seriously doubt would risk their reputation and in fact right to exist and do business by faking or participating in any scheme to misrepresent the facts. They audited and verified the accuracy of the statements on which the Tech Foundation ITSELF listed net assets of only $48,703,419.

The USM audit was performed by KPMG Llp, Jackson, Ms and the ULL audit was done by Broussard, Poche & Lewis of Lafayette, La.
01-30-2014 05:09 PM
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GoodOwl Offline
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Post: #86
RE: latest endowment numbers
(01-28-2014 07:55 PM)GreenSteve Wrote:  
(01-28-2014 07:49 PM)Native Georgian Wrote:  
(01-28-2014 04:50 PM)TodgeRodge Wrote:  Rice 4,836,728,000
$4.8 billion... Wow.

I know Tulane's endowment was north of a billion pre-Katrina, but I honestly haven't heard any recent estimates.

Rice is an AAU school...

This is not a knock on the other Cusa programs, most of which are far more recent institutions and are working hard to raise their own positions, but Rice just really doesn't belong in this conference. Rice really screwed up over the last 40 years of letting things sink so low through neglect and indifference. Rice needs to get its act together and get back with more similar schools. Big XII-II is most likely if it can still be done, which is unknown, but I'd prefer ACC or SEC. Rice is a long way from that at this point. A cautionary tale for other schools not to let things slip.
01-30-2014 05:13 PM
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GreenSteve Offline
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Post: #87
RE: latest endowment numbers
(01-30-2014 05:13 PM)GoodOwl Wrote:  
(01-28-2014 07:55 PM)GreenSteve Wrote:  
(01-28-2014 07:49 PM)Native Georgian Wrote:  
(01-28-2014 04:50 PM)TodgeRodge Wrote:  Rice 4,836,728,000
$4.8 billion... Wow.

I know Tulane's endowment was north of a billion pre-Katrina, but I honestly haven't heard any recent estimates.

Rice is an AAU school...

This is not a knock on the other Cusa programs, most of which are far more recent institutions and are working hard to raise their own positions, but Rice just really doesn't belong in this conference. Rice really screwed up over the last 40 years of letting things sink so low through neglect and indifference. Rice needs to get its act together and get back with more similar schools. Big XII-II is most likely if it can still be done, which is unknown, but I'd prefer ACC or SEC. Rice is a long way from that at this point. A cautionary tale for other schools not to let things slip.

I'd agree...
01-30-2014 05:21 PM
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banker Offline
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Post: #88
RE: latest endowment numbers
Rice is much better suited to be in the Ivy instead of the SEC. To be honest, you should fold your athletics and concentrate on what you do best, educate smart people and make them even smarter. Don't worry about football, solve energy independence, end world hunger, something a little more meaningful.
01-30-2014 09:58 PM
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waltgreenberg Offline
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Post: #89
RE: latest endowment numbers
(01-30-2014 09:58 PM)banker Wrote:  Rice is much better suited to be in the Ivy instead of the SEC. To be honest, you should fold your athletics and concentrate on what you do best, educate smart people and make them even smarter. Don't worry about football, solve energy independence, end world hunger, something a little more meaningful.

There are many of us-- particularly those who were undergraduates in the days of the Southwest Conference (pre 1997)-- who went to Rice instead of the Ivies specifically because they played D-1 sports. You can do both. And Rice has built and sustained nationally competitive D-1 programs in baseball, woman's tennis, cross country and swimming...and the football program appears to FINALLY be on the right track back to respectability (if not national prominence).
(This post was last modified: 01-30-2014 10:30 PM by waltgreenberg.)
01-30-2014 10:29 PM
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TodgeRodge Offline
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Post: #90
RE: latest endowment numbers
(01-30-2014 10:29 PM)waltgreenberg Wrote:  
(01-30-2014 09:58 PM)banker Wrote:  Rice is much better suited to be in the Ivy instead of the SEC. To be honest, you should fold your athletics and concentrate on what you do best, educate smart people and make them even smarter. Don't worry about football, solve energy independence, end world hunger, something a little more meaningful.

There are many of us-- particularly those who were undergraduates in the days of the Southwest Conference (pre 1997)-- who went to Rice instead of the Ivies specifically because they played D-1 sports. You can do both. And Rice has built and sustained nationally competitive D-1 programs in baseball, woman's tennis, cross country and swimming...and the football program appears to FINALLY be on the right track back to respectability (if not national prominence).

one criticism (very petty really) that Rice gets is they still enroll a very large number of students from Texas instead of national students

the reality is that it will e hard to draw students down from the northeast because of distance, bias, the large number of Ivy and other comparable schools in that region that are better known (not that Rice is not known nationally), but the network and recognition of northeast schools will be stronger up there than Rice

so that leaves Rice trying to compete with Vandy, Duke, Tulane, Tulsa, SMU, TCU, Baylor, and Stanford for students especially ones coming in from out of state

and all of those schools offer D1-A athletics especially in football.....SMU gets about half of their enrollment from out of state and California and then one east coast state are the first and second largest contributors of those students

I am not sure that athletics is the draw (especially since SMU has not been all that great lately), but I am sure it still helps their overall recognition and SMU still carries the name from long past successes

Duke surely rides their academic success, but basketball success sure does not harm getting their name out there especially in "undeserved" communities that top universities are always trying to draw in and I doubt that Vandy would be nearly as well known if they were not in the SEC and their national enrollment would probably suffer for that as well

and I would say that Tulane while well known is probably not quite as well known as Duke or Vandy and especially Stanford and while I suppose some could argue that overall levels of academic prestige play into that Tulane is no slouch (far from it) and I would imagine if they had stayed in the SEC or moved to a higher level conference long ago and still played and competed in it they would have a slightly elevated reputation and a larger number of people that mention them
01-31-2014 08:06 AM
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waltgreenberg Offline
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Post: #91
RE: latest endowment numbers
(01-31-2014 08:06 AM)TodgeRodge Wrote:  
(01-30-2014 10:29 PM)waltgreenberg Wrote:  
(01-30-2014 09:58 PM)banker Wrote:  Rice is much better suited to be in the Ivy instead of the SEC. To be honest, you should fold your athletics and concentrate on what you do best, educate smart people and make them even smarter. Don't worry about football, solve energy independence, end world hunger, something a little more meaningful.

There are many of us-- particularly those who were undergraduates in the days of the Southwest Conference (pre 1997)-- who went to Rice instead of the Ivies specifically because they played D-1 sports. You can do both. And Rice has built and sustained nationally competitive D-1 programs in baseball, woman's tennis, cross country and swimming...and the football program appears to FINALLY be on the right track back to respectability (if not national prominence).

one criticism (very petty really) that Rice gets is they still enroll a very large number of students from Texas instead of national students

the reality is that it will e hard to draw students down from the northeast because of distance, bias, the large number of Ivy and other comparable schools in that region that are better known (not that Rice is not known nationally), but the network and recognition of northeast schools will be stronger up there than Rice

so that leaves Rice trying to compete with Vandy, Duke, Tulane, Tulsa, SMU, TCU, Baylor, and Stanford for students especially ones coming in from out of state

and all of those schools offer D1-A athletics especially in football.....SMU gets about half of their enrollment from out of state and California and then one east coast state are the first and second largest contributors of those students

I am not sure that athletics is the draw (especially since SMU has not been all that great lately), but I am sure it still helps their overall recognition and SMU still carries the name from long past successes

Duke surely rides their academic success, but basketball success sure does not harm getting their name out there especially in "undeserved" communities that top universities are always trying to draw in and I doubt that Vandy would be nearly as well known if they were not in the SEC and their national enrollment would probably suffer for that as well

and I would say that Tulane while well known is probably not quite as well known as Duke or Vandy and especially Stanford and while I suppose some could argue that overall levels of academic prestige play into that Tulane is no slouch (far from it) and I would imagine if they had stayed in the SEC or moved to a higher level conference long ago and still played and competed in it they would have a slightly elevated reputation and a larger number of people that mention them

First off, Rice is much, much more geographically diversified than it had been prior to the 1990s, when the will demanded that one-third enrollment be from Houston and a nother third from the state of Texas. That's no longer in play, and I don't believe Texas resident represent more than 40% - 45% of the student body.

Second, Rice doesn't now and never has competed with SMU and TCU for in-state students. Absolutely no comparison between the schools academically. Also, as quality a school as Tulane is, I have never heard of Rice losing students to Tulane; it just doesn't happen. No question, Duke, UNC and UVA get the lion share of Northeasterners who do not go to the Ivies or choose not to go to Stanford; not only because those 3 schools have worked the high schools for a much longer period, but also because they are much closer to home (with Texas being at least twice, if not three times the distance from a NY, Philly or Boston). Rice makes up for that with an extremely high international student population.
01-31-2014 08:52 AM
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TribeNiner Offline
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Post: #92
RE: latest endowment numbers
Two things:

(1) W&M is better than UVA and UNC-CHeat and should be in your discussions, instead, because I'm biased.

(2) Nitpicky, but the Ivies DO play Division I sports. It's always bugged me when people say they don't. That's how Cornell had that Elite 8 a couple of years ago, Harvard was ranked this year, etc. They just don't give "athletic" scholarships (note the financial aid system at most of the Ivies still assures that most of their students graduate virtually debt-free, these days).
01-31-2014 09:12 AM
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dragon2owl Offline
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Post: #93
RE: latest endowment numbers
(01-31-2014 08:52 AM)waltgreenberg Wrote:  
(01-31-2014 08:06 AM)TodgeRodge Wrote:  one criticism (very petty really) that Rice gets is they still enroll a very large number of students from Texas instead of national students

the reality is that it will e hard to draw students down from the northeast because of distance, bias, the large number of Ivy and other comparable schools in that region that are better known (not that Rice is not known nationally), but the network and recognition of northeast schools will be stronger up there than Rice

so that leaves Rice trying to compete with Vandy, Duke, Tulane, Tulsa, SMU, TCU, Baylor, and Stanford for students especially ones coming in from out of state

First off, Rice is much, much more geographically diversified than it had been prior to the 1990s, when the will demanded that one-third enrollment be from Houston and a nother third from the state of Texas. That's no longer in play, and I don't believe Texas resident represent more than 40% - 45% of the student body.
Fall 2013
Undergrads:
Texas-45%
Out of State-43%
International-11%

Fall 2013
Total:
Texas-43%
Out of State-35%
International-22%
01-31-2014 11:39 AM
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Blazer14172 Offline
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Post: #94
RE: latest endowment numbers
(01-28-2014 04:50 PM)TodgeRodge Wrote:  NACUBO numbers are out today

http://www.nacubo.org/Documents/Endowmen...232014.pdf

Rice 4,836,728,000

UAB 327,401,397

FAU 189,287,000

ODU 180,434,000

UTEP 179,000,000 (wiki)

FIU 149,384,000

UNCC 148,048,000

north Texas state 122,369,000

WKU 118,369,000

UTSA 106,000,000 (wiki)

LaTech 93,745,762 (wiki)

Marshall 90,637,000

MTSU 75,710,000

USM 68,863,000

Well with UAB being tied for the youngest on the list (founded 1969 same at UTSA) I am happy where it stands. It should grow some during our current campaign. I am sure much of the $1Billion campaign will get spent on current needs and not go to the endowment, but if only 10% goes into the endowment, that amount alone would increase our by about a third. Hopefully we can get our endowment up to about $500 million soon, and to bypass another school in the state. We would need to get to about $700 million to be number 1 in our state.
01-31-2014 02:59 PM
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07owl Offline
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Post: #95
RE: latest endowment numbers
(01-30-2014 10:29 PM)waltgreenberg Wrote:  
(01-30-2014 09:58 PM)banker Wrote:  Rice is much better suited to be in the Ivy instead of the SEC. To be honest, you should fold your athletics and concentrate on what you do best, educate smart people and make them even smarter. Don't worry about football, solve energy independence, end world hunger, something a little more meaningful.

There are many of us-- particularly those who were undergraduates in the days of the Southwest Conference (pre 1997)-- who went to Rice instead of the Ivies specifically because they played D-1 sports. You can do both. And Rice has built and sustained nationally competitive D-1 programs in baseball, woman's tennis, cross country and swimming...and the football program appears to FINALLY be on the right track back to respectability (if not national prominence).

Yeah that was a dumb comment. Just because we do academics best doesn't mean we can't do athletics. You'd think a Marshall fan might remember a recent matchup
01-31-2014 03:20 PM
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