Star Ledger Endowment Articles
- Thread starter srru86
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I wonder if Rutgers will reclassify their non-operating reserve assets as endowment just as PSU did. That combined with an increase in market value and UMDNJ assets, would bring the number up close to $1.4 billion.
The current fundraising efforts are tremendously successful. At $148 million on a $800 million balance is huge. Of course, the $800 million is low though.
The current fundraising efforts are tremendously successful. At $148 million on a $800 million balance is huge. Of course, the $800 million is low though.
Reserve assets are not endowment funds so doing that would be misleading and nothing but a rankings stunt
Right because when other schools are being less than truthful we should just follow suit rather than hold ourselves to more honest standards. What exactly does Rutgers accomplish by gaming the numbers? It doesn't change a thing for the university.
What is the point of releasing the numbers at all, except PR, in the first place?
You can feel the effects of the endowment by the stuff your experience first hand as a prospective or current student. The stuff the endowment pays for exists for you to evaluate and impacts your education. The endowment itself is just accounting.
So yes, if everyone else is manipulating the numbers to give themselves better PR
As for why RU isnt doing as well as other Big Ten schools. I think it can be summed up in the first two lines of the NJ chart. That alone, ignoring all the other local great schools, is alot of money that might have gone to the state school, if the state school didnt have those schools to compete with.
Well the foundations have to release their numbers as part of the financial responsibilities so they will be out there for the press one way or another. But yes there is some PR involved when they talk about it outside of financial reporting.
I'm not saying not to do PR and to highlight why the endowment is important (particularly when communicating to alumni and prospective donors) but what I'm saying is be honest and transparent. Gaming the numbers doesn't accomplish anything. In fact, accurately reporting the numbers actually presents a more compelling case to donors.
I'm not saying not to do PR and to highlight why the endowment is important (particularly when communicating to alumni and prospective donors) but what I'm saying is be honest and transparent. Gaming the numbers doesn't accomplish anything. In fact, accurately reporting the numbers actually presents a more compelling case to donors.
You're probably right, but note that Ohio has many state collegs and universities, as well as a slew of private schools. Of course, the state has a greater population than NJ.
I am not surprised that TCNJ has a small endowment; historically it was a teachers' college, and teachers aren't big donors because they can't afford to be.
