What is UMass's endowment numbers?

(12-24-2010 04:40 PM)Joe Rod Wrote:  Wow, Boston College sure is "well endowed"!

FWIW, here's top 20 in endowments :

Rank Institution State 2009 Endowment 2008 Endowment % Change
In Thousands of dollars ($000)

1 Harvard University MA 25,662,055 36,556,284 -29.8
2 Yale University CT 16,327,000 22,870,000 -28.6
3 Stanford University CA 12,619,094 17,214,373 -26.7
4 Princeton University NJ 12,614,313 16,349,329 -22.8
5 University of Texas TX 12,163,049 16,171,184 -24.8
6 MIT + MA 7,982,021 10,068,787 -20.7
7 University of Michigan 6,000,827 7,571,902 -20.7
8 Columbia University NY 5,892,798 7,345,226 -19.8
9 Northwestern University 5,445,260 7,243,948 -24.8
10 Pennsylvania PA 5,170,538 6,211,622 -16.8
11 University of Chicago 5,094,087 6,632,311 -23.2
12 Texas A&M TX 5,083,754 6,659,352 -23.7
13 California CA 4,937,483 6,217,334 -20.6
14 Notre Dame IN 4,795,303 6,225,688 -23.0
15 Duke University NC 4,440,745 6,123,743 -27.5
16 Emory University GA 4,328,436 5,472,528 -20.9
17 Washington in St. Louis 4,080,554 5,350,470 -23.7
18 Cornell University NY 3,966,041 5,385,482 -26.4
19 Rice University TX 3,612,884 4,610,164 -21.6
20 UVA VA 3,577,266 4,526,211 -21.0


How can UVA have so much money and consistantly be so bad.

ECU is a state supported school. We also were founded as a normal school not a research institution. Teachers were the majority of graduates for decades. That is changing...but...the education dept. is still very large.

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(12-24-2010 12:48 PM)BullsBEAST Wrote:  Endowment isnt everything, but it is a sign of how rich a school is, which helps in the long run.

Keep in mind, the current lowest endowment in the Big East among football schools is UCONN with $255 million. Lowest overall is Providence with $122 million. TCU is at $975 million.

SMU - $1.37 Billion
Houston - $674 million
ECU - $285 million ($300 when increase campaign completed at end of 2012 or well before at current rate).
Villanova - $267 million
UCF - $104 million


For fun:
Boston College - $1.5 Billion
Kansas - $955
Maryland - $810
Buffalo - $566
Missouri - $470
Iowa State - $452
UMass - $348
ECU - $285 million ($300 when increase campaign completed at end of 2012 or well before at current rate).
Kansas State - $260
Temple - $204
Florida Atlantic - $194
Memphis - $183
Western Kentucky - $144
Florida International - $118

ECU and UCF fans will obviously take this as a shot at them, considering they are below every other team listed, including FIU and WKU, but this isnt meant to be that.

Interesting to look at though. SMU and Houston are loaded compared to the other realistic candidates.

UPDATED ORIGINAL LISTS BASED ON INFO BELOW:

Actually ECU is in the midst of a $200 million endowment increase campaign, of which $185 million has already been raised, through the end of 2012 so that would put us at $300 million when completed. Obviously not in the billion range, but not bad to raise that in this recession.

That would put us behind Houston in the first list and between UMass & Kansas State in the second list. Would be above UConn as well. Not to bad indeed. It was almost like Chancellor Ballard knew this would come in handy when he started the campaign a few years back. Let's hope it is another reason to explain why no comments at all about expansion since Big East announced their expansion.

Also, our mission of continuing our committment to "service" hurts our endowment some, but as can be seen from the increase campaign, we have shown we can find a way to do both service and raising our endowment for academic research. The political/financial struture of the University Health System being officially designated a not for profit "partner" with the university removes the endowment and research money that would normally being counted towards the university numbers, but are instead being separated from the university endowment. The political rationale is not of the old sense that the powers that be in UNC are opposed, but rather the other medical systems of the State (Wake Med, New Bern, Nash Health, Rex, and etc) are afraid/concerned the setup with UHS establishing partnerships directly with local governments will cause them financial problems or even put them out of business. Not arguing it because I know the way it is set up is good for the region as well since it has allowed county local governments to contract with UHS/ECU to operate their hospital/health system with them retaining ownership that they never would have given up, but improving the overall services while ever remembering the financial rationale through this setup.

No slight taken. As others have mentioned, UCF's specialty have been in the capital worth and improvement area. It is quite shocking when you see so much money floating throughout the university. Endowment number should catch up as capital investments slow down.

(12-24-2010 03:00 PM)swagsurfer11 Wrote:  Look at all the Texas money!

Please be sure to tell this to UH fans. They constantly whine about how "poor" they are because they aren't as rich as the UT and A&M systems. Its kind of like Canada trying to claim they are a poor, under privileged, third world country because aren't as rich as the European Union or an upper middle class kid who thinks he's poor because he doesn't live a McMansion like his neighbor across the street does.

In looking at endowments I think you need to separate the private schools from the state-supported institutions. Since the private schools don't have state support their endowments are necessarily larger. State schools have many projects like building new academic buildings funded directly by the state, not by the endowment. Endowments are important to look at, however, because state money can't be spent on athletic facilities (at least in Texas), so the endowment comes into play. Endowments are also a good indicator on the university's ability to raise private funds for projects like athletic facilities.

(12-24-2010 02:05 PM)DawgPound Wrote:  UCF until recently has focused on partnerships with companies more than building their endowment. As stated above, it's improving, but takes time. Also, UCF was a small tech school until the late 70s. A lot of that old money that would mature over time was invested in more well rounded schools. UCF is now getting newer money, but it takes time for it to grow.

The better question is what is ECU's excuse with all their history that they tout?

UNC, NCSU to name the main two reasons, we try to get money they fight to get that and more, 100 years and UNC still cries every time we get 2 cent, we got 100 million to start a new Dental school and UNC now wants to stop it and 150 million to expand theirs, our cost 150 million and would serve areas they don't care about or ever will, their expansion cost 50 million more and opens NOT ONE office east of I-95. Then fight against the 16 public schools and Duke and Wake see how much you can get in a state with the nearly the same number of 4 year school as Fla. with half the population.

(12-24-2010 03:55 PM)ECUgradstudent Wrote:  

(12-24-2010 02:05 PM)DawgPound Wrote:  UCF until recently has focused on partnerships with companies more than building their endowment. As stated above, it's improving, but takes time. Also, UCF was a small tech school until the late 70s. A lot of that old money that would mature over time was invested in more well rounded schools. UCF is now getting newer money, but it takes time for it to grow.

The better question is what is ECU's excuse with all their history that they tout?

Actually ECU is in the midst of a $200 million endowment increase campaign, of which $185 million has already been raised, through the end of 2012 so that would put us at $300 million when completed. Obviously not in the billion range, but not bad to raise that in this recession.

That would put us behind Houston in the first list and between UMass & Kansas State in the second list. Would be above UConn as well. Not to bad indeed. It was almost like Chancellor Ballard knew this would come in handy when he started the campaign a few years back. Let's hope it is another reason to explain why no comments at all about expansion since Big East announced their expansion.

Great news. Rutgers is in the midst of its biggest ever endowment fundraising campaign ever. Our endowment is currently around $550 million or so and we're looking to increase that by $1 billion. We're over halfway towards the $1 billion. Very exciting to see us finally getting serious about becoming more self-sufficient and not having to weather the storm of the volatile and declining state funding sources.

I believe UC's endowment is right around 1 billion.....give or take

(12-26-2010 03:04 PM)Sir Galahad Wrote:  How much of USF's endowments is connected to the Medical school, I'm betting 75%. UCF's medical school now in its second year will start creating a much larger endowment for UCF. To compare UCF to any school with a seasoned medical school is simply not comparing apples to apples. Come back in five years and post those numbers again, I'm willing to bet it will look totally different.

Is the old story line, USF's endownment is not anywhere near 75% from its medical school. So stop making excuses about your school's and putting excuses about USF. Last checked both FAU and FIU are younger schools than UCF dont have a medical school and both have larger endownments

Just for information, USF is in the middle of a $600 million campaign to improve facilities, endowments. So far over $385 million has been raised, $89 million for the medical school. So as you can see USF does quite well fundraising and not just because of its Medical school.

To address some of the "excuses" for low endowment numbers:

EVERY school is perpetually in the middle of a fundraising campaign. And those fundraising campaigns don't always bolster the endowment. For example, UC's current fundraising campaign has raised $705 million out of its goal of $1 billion.

In 2008, Cincinnati completed a master plan that was 16 years in the making, during which they rehabbed or replaced nearly every building on campus, and added a gigantic student center, a 200,000 square foot rec center, 5 new academic buildings, a football stadium expansion, a new baseball field, new track and soccer stadium, athletic/alumni center, 1000 new dorm rooms, and doubled the size of the Clermont regional campus. The university also bankrolled 2000 units of privately run student housing adjacent to campus. I should add that most of this construction occurred during a time of drastic cuts in state funding (unlike UCF, who is funding most its expansion with state money).

I could go through a similar list for Case Western Reserve University, my undergraduate alma matter, which is a private school of about 10,000 students (4,000 undergrads) founded in 1826 and has an endowment of about $1.1 billion.

Both of these campuses are over almost a century old. The point is: every school is almost constantly under construction.


The point is, that with the exception of the private vs public school argument, all these excuses on this board for small endowments can apply to nearly every school in the country. Just accept the fact that either you have poor alumni (which doesn't reflect well on the quality of your school) or that your school doesn't have as much support from the community as other schools do.

Who died and left all that money to SMU?

I don't believe SMU's endowment is currently at the level stated above. I do beleive that was what it was before the "crash". It fell to around $1 billion which is still a nice amount. As for them being an expansion target, they need to work on their attendance big time before they should be considered. They pad their attendance like they pad elections in South America. It is going to take some time for them to get the Dallas fans interested again.

(12-28-2010 03:52 PM)JunkYardCard Wrote:  Who died and left all that money to SMU?

Old Oil Tycoon Money.
Black Gold
Texas Tea

(12-26-2010 03:04 PM)Sir Galahad Wrote:  How much of USF's endowments is connected to the Medical school, I'm betting 75%. UCF's medical school now in its second year will start creating a much larger endowment for UCF. To compare UCF to any school with a seasoned medical school is simply not comparing apples to apples. Come back in five years and post those numbers again, I'm willing to bet it will look totally different.

I guess when there is a list of 18 schools and yours is 2nd from the bottom (though i guess if ECU fans' numbers are right, you are at the bottom) you feel like the list is an attack on you. This thread wasnt made to insult UCF fans, just to point out some more information about some schools that may end up in our conference.

Maybe you should stop worrying about attacking USF and instead compare yourself to schools on your level, like FIU.

(12-29-2010 12:28 AM)Sir Galahad Wrote:  

(12-28-2010 11:33 PM)BullsBEAST Wrote:  

(12-26-2010 03:04 PM)Sir Galahad Wrote:  How much of USF's endowments is connected to the Medical school, I'm betting 75%. UCF's medical school now in its second year will start creating a much larger endowment for UCF. To compare UCF to any school with a seasoned medical school is simply not comparing apples to apples. Come back in five years and post those numbers again, I'm willing to bet it will look totally different.

I guess when there is a list of 18 schools and yours is 2nd from the bottom (though i guess if ECU fans' numbers are right, you are at the bottom) you feel like the list is an attack on you. This thread wasnt made to insult UCF fans, just to point out some more information about some schools that may end up in our conference.

Maybe you should stop worrying about attacking USF and instead compare yourself to schools on your level, like FIU.

Because while the numbers are correct it is useless information. That is a snapshot of what the Foundations currently have in their "bank." Endowments are either restricted or not restricted. The UCF Foundation has spent over $300,000,000 in just the past five years on things like a Medical School, Football Stadium, Basketball Arena, $25,000,000 just spent on a new performing arts building. UCF just broke ground on a $50,000,000 housing project that will 670 beds and 208,000 square feet of additional buildings.

Tell me where do you think that money comes from. It comes from the UCF Foundation that if it did not spend that money would be in something called an endowment. So you can have a campus that looks like UCF where it is obvious they spent the money or you can have the alternative.

For something so useless you are getting pretty fired up about it. Chill out dude youre going to have an aneurysm or something.

(12-29-2010 01:28 AM)UCFKnight10 Wrote:  Needless attacks in this thread. Who would've thought something as stupid as endowments (which couldn't have less to do with BE expansion) could be incendiary.

Many attributes correlate with AQ status. For example, all public AAU FBS members except Buffalo is in an AQ conference. It's so key that UConn and USF have said they are gunning for future AAU invites. The average endowment of all AQ FBS members is >$1 Bil. Endowment points to overall institutional resources and excellence. Since we've had only 5 FBS members officially receive AQ invitations recently, their endowments at the time of their invites were:

2010
TCU - $975 Mil
Utah - $513 Mil

2005
Cincinnati - $1.032 Bil
Louisville - $607 Mil
South Florida - $298 Mil

Also, is it correct that UCF is using endowment money for campus improvements? Schools like Buffalo, UConn, and Temple each have >$1B in ongoing campus improvement projects that are funded by the state and/or smaller, direct private giving. No endowment money is being touched.

Shouldn't this be under the UCF Knights Thread?