OT: RU Endowment Size Increases To $1.33B

[bigmatt718]

https://www.nacubo.org/-/media/Nacu...hash=31CF91E74EAAB91288E53E2BCD629C35710C1C03

RU jumps 2 places to #82 in the nation in endowment size, increased its endowment in the 2018 fiscal year from $1.22B to $1.33B. All 14 B1G schools plus its affiliates (U of Chicago, Hopkins and ND) are all in the Top 87 in endowment size. Maryland has the smallest at $1.29B, #87 in the nation.

 

[GoodOl'Rutgers]

. nevermind

 

[RUfromSoCal?]

 

[Knight Shift]

https://www.nacubo.org/-/media/Nacu...hash=31CF91E74EAAB91288E53E2BCD629C35710C1C03

RU jumps 2 places to #82 in the nation in endowment size, increased its endowment in the 2018 fiscal year from $1.22B to $1.33B. All 14 B1G schools plus its affiliates (U of Chicago, Hopkins and ND) are all in the Top 87 in endowment size. Maryland has the smallest at $1.29B, #87 in the nation.

Thank you for posting the link.
Texas jumping 16.4% to $30.87 Billion is other worldly for a state university.
Texas A&M the next public on the list at $13.52 Billion.
Very surprised to see smaller schools like Grinnell, Bowdoin and Lehigh with larger endowments than RU.

 

[czxqa]

I've seen too many lists like this one over the years for me to be surprised at who's above us on the list.

 

[bigmatt718]

To be fair, Lehigh is only 2 spots ahead of Rutgers and very likely will be jumped by RU within the next year or 2.

 

[Abro1975]

Endowment size increase is always a good thing.

At least, that's what my wife tells me.

 

[bigmatt718]

Endowment size increase is always a good thing.

At least, that's what my wife tells me.

Happy wife, happy life my friend.

 

[Abro1975]

Happy wife, happy life my friend.

It's Valentine's Day tomorrow, time to step up my game !

 

[Upstream]

It is good that Rutgers' endowment increased. But isn't it more important what they do with it.

 

[Scarlet_Scourge]

That is good news for sure.


U of Chicago is no longer affiliated with the Big Ten, just so you know.

 

[rutgersdave]

It is good that Rutgers' endowment increased. But isn't it more important what they do with it.

Posters want it to go to football.

 

[RUforlife]

To be fair, Lehigh is only 2 spots ahead of Rutgers and very likely will be jumped by RU within the next year or 2.

That may be true, but Liberty has an even larger endowment and is backed by God, Ash certainly has got his work cut out for him in 2019.

 

[RU4Real]

The good news is that it's nearly $14 billion in snow equivalent.

 

[mdk01]

Very surprised to see smaller schools like Grinnell, Bowdoin and Lehigh with larger endowments than RU.

Can't speak to Grinnell, but Bowdoin and Lehigh got serious about development decades before RU did. Also worth noting that Smith and Wellesley are also ahead of Rutgers on the list. There's a catch up going on, but it should be happening faster.

 

[RedSpartan]

Thank you for posting the link.
Texas jumping 16.4% to $30.87 Billion is other worldly for a state university.
Texas A&M the next public on the list at $13.52 Billion.
Very surprised to see smaller schools like Grinnell, Bowdoin and Lehigh with larger endowments than RU.

Fun fact: Want to know why Grinnell has such a huge endowment? Many years ago Grinnell hired a young investor to overlook its portfolio. That investor was Warren Buffet. I'd say it was a good hire.

 

[Knight Shift]

Fun fact: Want to know why Grinnell has such a huge endowment? Many years ago Grinnell hired a young investor to overlook its portfolio. That investor was Warren Buffet. I'd say it was a good hire.

He must have been a really good interview. Good thing we don't have to play Grinnell in football. Would be a worst case scenario.

 

[TheB1GTerp]

https://www.nacubo.org/-/media/Nacu...hash=31CF91E74EAAB91288E53E2BCD629C35710C1C03

RU jumps 2 places to #82 in the nation in endowment size, increased its endowment in the 2018 fiscal year from $1.22B to $1.33B. All 14 B1G schools plus its affiliates (U of Chicago, Hopkins and ND) are all in the Top 87 in endowment size. Maryland has the smallest at $1.29B, #87 in the nation.

Yep , you guys have done really well in this. We have not...obviously...problem is we used to share our endowment across the Maryland University System and our professional schools are separate. Even with all that we really need to pick it up.

 

[RUSK97]

Can't speak to Grinnell, but Bowdoin and Lehigh got serious about development decades before RU did. Also worth noting that Smith and Wellesley are also ahead of Rutgers on the list. There's a catch up going on, but it should be happening faster.

Not at all refuting what you're saying, but can somebody please explain to me what kind of a moron administrator doesn't consider ensuring the financial security of said college important? Why the heck would Rutgers go a century and change before focusing on serious fundraising? Especially when it had to shut down already until the Colonel rescued it?

 

[Zak57]

No credit to Barchi for this?

 

[Scarlet_Scourge]

No credit to Barchi for this?

Claim down Ms.Brachi.

 

[bigmatt718]

Fun fact: Want to know why Grinnell has such a huge endowment? Many years ago Grinnell hired a young investor to overlook its portfolio. That investor was Warren Buffet. I'd say it was a good hire.

And UDel has that DuPont money which is why they are ahead of us.

 

[Mr_Twister]

Did Bon Jovi move to Franklin Lakes?

 

[RUSK97]

I’ll never quite understand the paradigm wherein alumni of private colleges are so much more apt to donate to their alma maters versus public schools. I mean, graduates of public schools complain about cost of education; graduates of private schools typically pay more, grants or no grants. Yet they’ll turn around and still happily donate chunks to alma mater each year.

 

[mdk01]

I’ll never quite understand the paradigm wherein alumni of private colleges are so much more apt to donate to their alma maters versus public schools. I mean, graduates of public schools complain about cost of education; graduates of private schools typically pay more, grants or no grants. Yet they’ll turn around and still happily donate chunks to alma mater each year.

1. Privates have been courting donors in many cases for over a century. Virtually everywhere since the end of WWII.
2a. Publics, with a few exceptions like UNC and Michigan, are much newer to the game.
2b. I get the sense that some/many public school grads think that that it's the obligation of the state to provide funding.

 

[e5fdny]

I’ll never quite understand the paradigm wherein alumni of private colleges are so much more apt to donate to their alma maters versus public schools. I mean, graduates of public schools complain about cost of education; graduates of private schools typically pay more, grants or no grants. Yet they’ll turn around and still happily donate chunks to alma mater each year.

1. Privates have been courting donors in many cases for over a century. Virtually everywhere since the end of WWII.
2a. Publics, with a few exceptions like UNC and Michigan, are much newer to the game.
2b. I get the sense that some/many public school grads think that that it's the obligation of the state to provide funding.

1b. They start getting after you and your parents as soon as you send in your acceptance.

I agree on the 2b point...”somebody else will do it.” The somebody being the State.

 

[e5fdny]

It is good that Rutgers' endowment increased. But isn't it more important what they do with it.

Again, listen to this man.

 

[rutgersdave]

I see many of the donors don’t give to their Alma mater which is usually a less known college but to their kids alma mater which is more prestigious.

 

[RedSpartan]

And UDel has that DuPont money which is why they are ahead of us.

Similarly, Emory University in Atlanta has one of the largest endowments in the world because it owns a LOT of Coca-Cola stock, and has for a long, long time.

 

[retired711]

Private colleges often are much nicer to their students than are public colleges. Private colleges know that, by and by, they will be dependent on those who are now students. Thus, for instance, grading is much more generous at Stanford than at Cal.

 

[Scarlet_Scourge]

Private colleges often are much nicer to their students than are public colleges. Private colleges know that, by and by, they will be dependent on those who are now students. Thus, for instance, grading is much more generous at Stanford than at Cal.

yes, at most Ivy League schools it is next to impossible to fail a class or even get a B at some schools, you have to try really hard to screw up enough to get a B, LOL.

 

[Scarlet16E]

https://www.nacubo.org/-/media/Nacu...hash=31CF91E74EAAB91288E53E2BCD629C35710C1C03

RU jumps 2 places to #82 in the nation in endowment size, increased its endowment in the 2018 fiscal year from $1.22B to $1.33B. All 14 B1G schools plus its affiliates (U of Chicago, Hopkins and ND) are all in the Top 87 in endowment size. Maryland has the smallest at $1.29B, #87 in the nation.

Despite all the hand wringing in this thread this is a huge improvement over a few years ago. By my quick count it puts Rutgers' endowment at # 35 among public institutions.

Barchi deserves a lot of credit here.

 

[retired711]

Despite all the hand wringing in this thread this is a huge improvement over a few years ago. By my quick count it puts Rutgers' endowment at # 35 among public institutions.

Barchi deserves a lot of credit here.

Isn't part of it just a result of consolidating our endowment with UMDNJ's?

 

[sct1111]

Isn't part of it just a result of consolidating our endowment with UMDNJ's?

Their endowment was less than $100 million.

 

[bigmatt718]

yes, at most Ivy League schools it is next to impossible to fail a class or even get a B at some schools, you have to try really hard to screw up enough to get a B, LOL.

Princeton is notorious for grade inflation. You literally have to not attend class at all to fail.

 

[Scarlet_Scourge]

Princeton is notorious for grade inflation. You literally have to not attend class at all to fail.

Actually that is not true. But Harvard and Yale sure do.

https://www.theodysseyonline.com/ivy-leagues-grade-inflation-problem

 

[retired711]

Actually that is not true. But Harvard and Yale sure do.

https://www.theodysseyonline.com/ivy-leagues-grade-inflation-problem

Yet I know from the experience of an ex-girl friend's daughter that Harvard is a very competitive place where students fight hard to be at the very top of the class.

 

[MoobyCow]

Yet I know from the experience of an ex-girl friend's daughter that Harvard is a very competitive place where students fight hard to be at the very top of the class.

Those narratives aren't mutually exclusive. They could both prop up the lazy students to get them through school, and have a very competitive space for the kids at the top. In fact, that's exactly what you would expect at the sort of institution that caters to both the rich and the brilliant. Don't fail the rich kids because it's their families who foot the bill for the brilliant kids.

 

[ivan brunetti]

The Texas System includes something like 15 seperate schools. But $30 billion is still impressive.

yes, at most Ivy League schools it is next to impossible to fail a class or even get a B at some schools, you have to try really hard to screw up enough to get a B, LOL.

That is why ND has such an impressive graduation rate for their 950 SAT athletes.

 

[knightfan7]

Can't speak to Grinnell, but Bowdoin and Lehigh got serious about development decades before RU did. Also worth noting that Smith and Wellesley are also ahead of Rutgers on the list. There's a catch up going on, but it should be happening faster.

Bowdoin has some big $ grads. Founders of Netflix, Subway, and Chairman of Amex among others. I know they can't be depending too heavily on my brother in law.