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Updated SEC Endowment Rankings (report on March 19, 2012)
Posted on 3/21/12 at 7:45 pm
Posted on 3/21/12 at 7:45 pm
Notes: Georgia leaped LSU from last year. South Carolina & Auburn leaped Ole Miss.
Source:National Association of College and University Business Officers and Commonfund Institute.
Source:National Association of College and University Business Officers and Commonfund Institute.
This post was edited on 3/21/12 at 7:50 pm
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Posted on 3/21/12 at 7:48 pm to hsqb
That's what's up A&M.
Posted on 3/21/12 at 7:49 pm to hsqb
Damn A&M. 
Posted on 3/21/12 at 7:50 pm to Guchi
:flagship:
Posted on 3/21/12 at 7:52 pm to hsqb
That's right, suck our money dicks
Posted on 3/21/12 at 7:53 pm to MSCoastTigerGirl
A&M is more than double Vandy. 
This post was edited on 3/21/12 at 7:54 pm
Posted on 3/21/12 at 7:55 pm to hsqb
Damn we are poor 
Posted on 3/21/12 at 7:58 pm to ShaneTheLegLechler
quote:
Texas A&M fan
quote:
suck our money dicks
(no message)
Posted on 3/21/12 at 7:59 pm to TigerPox
A&M has that oil $$$$$
Posted on 3/21/12 at 8:05 pm to MSCoastTigerGirl
quote:Yep. Poor, poor Mississippi.
A&M has that oil $$$$$
Posted on 3/21/12 at 8:08 pm to hsqb
Do they say what type of endowment this is? Government , educational donation ......?
Eta. Missed a zero because of my phone. Auburns has gone down. I know they were over 500 mil a while ago.
Eta. Missed a zero because of my phone. Auburns has gone down. I know they were over 500 mil a while ago.
This post was edited on 3/21/12 at 8:18 pm
Posted on 3/21/12 at 8:31 pm to Al Bundy Bulldog
quote:
Damn we are poor
But we're grindin'.
Grinding for spare change.
Posted on 3/21/12 at 8:33 pm to MedDawg
Alabama is slowly coming back. We were up to 1.5 billion in 2007.
Posted on 3/21/12 at 8:34 pm to MedDawg
Posted on 3/21/12 at 8:37 pm to hsqb
Posted on 3/21/12 at 8:39 pm to MedDawg
Never mind, I suck at math.
This post was edited on 3/21/12 at 8:41 pm
Posted on 3/21/12 at 8:44 pm to tween the hedges
West Texas oil $$ ... Kept in the "Permanent University Fund"
Posted on 3/21/12 at 8:48 pm to NYCAuburn
quote:We had to pay Cam.. duh.
Auburns has gone down. I know they were over 500 mil a while ago.
Posted on 3/21/12 at 9:12 pm to tween the hedges
My two cents is that aTm officially separated from the University of Texas right after WWII although aTm had never been officially controlled by tu. In 1876, the State of Texas had established a Public University Fund (PUF) where the university system received some part (one-sixteenth, I think) of all oil extracted from public lands. ("Public lands" were considerable as the Nation of Texas had taken all the land from Mexico in the 1834 revolution.) In 1931, the legislature officially divided these funds as one-third to aTm and two-thirds to tu. This was confirmed in a settlement between the two schools in 1956 under Earl Rudder then president of aTm. These funds are held in trust and only the interest on that money is available today. This ensures that the money will never be depleted. Also, the PUF funds are only available for construction or expansion and not operating costs.
I don't know if the endowments that we refer to in this thread are part of the PUF funds. I am surprised that aTm is higher than other SEC schools.
Edit #1: You can see in the OP link that the 2010 to 2011 increase in endowments to both tu and aTm is exactly 22 percent. That makes me think that the endowments do include the PUF funds.
I don't know if the endowments that we refer to in this thread are part of the PUF funds. I am surprised that aTm is higher than other SEC schools.
Edit #1: You can see in the OP link that the 2010 to 2011 increase in endowments to both tu and aTm is exactly 22 percent. That makes me think that the endowments do include the PUF funds.
This post was edited on 3/22/12 at 7:31 pm
Posted on 3/21/12 at 9:15 pm to USAFA68
quote:
I don't know if the endowments that we refer to in this thread are part of the PUF funds. I am surprised that aTm is higher than other SEC schools.
I think it does, along with certain donations. I'm not completely sure what makes up a university's endowment and have never really received a straight answer, I just know ours is always really high and it surprises a lot of people, so I've assumed the PUF is part of it.
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