Started By
Message
Alabama has an incredible building campaign going. They just refunded a $100M
Posted on 7/29/19 at 7:06 pm
Posted on 7/29/19 at 7:06 pm
contribution or close to it because they didn't like the donor's meddling. Basically telling him they don't need his money. Or his meddling. I'd tell you why they can do that but I'd have to silence you afterward. Seriously the campus looks like a massive construction site. And the school is buying up every piece of property near by. Helps to have an alum and huge fan and Tuscaloosa native as chair of the Senate Appropriations committee probably. And the hire of the president who blew all this up and recruited all those out of state students paying out of state tuition didn't hurt. Just a couple of wild arse guesses.
10
Posted on 7/29/19 at 7:07 pm to jimdog
They just did this?
Posted on 7/29/19 at 7:07 pm to jimdog
I’m really glad Auburn’s booster don’t meddle with everything and try to be too involved. Very hands off in my opinion.
Posted on 7/29/19 at 7:09 pm to Marines4Auburn
quote:
I’m really glad Auburn’s booster don’t meddle with everything and try to be too involved. Very hands off in my opinion.
Absolutely. Meddling has never been an issue with us and never will.
Posted on 7/29/19 at 7:16 pm to jimdog
That’s great that y’all can do that.
A&M has that same feeling of constant construction. It’s been like that for well over a decade. I stay in the new hote on campus and was completely blown away.
A&M has that same feeling of constant construction. It’s been like that for well over a decade. I stay in the new hote on campus and was completely blown away.
Posted on 7/29/19 at 7:17 pm to jimdog
quote:
They just refunded a $100M
Nein.
Nein, haben sie nicht
Posted on 7/29/19 at 7:17 pm to jimdog
We have money to burn, unlike the rest of the conference!
We're pretty much Pablo Escobar.
We're pretty much Pablo Escobar.
This post was edited on 7/29/19 at 7:23 pm
Posted on 7/29/19 at 7:27 pm to Yippie_Ky_yae
ra'd for alter. 
Posted on 7/29/19 at 7:55 pm to jimdog
I'm quite certain Bama could use $100 Million. They could at least apply some of this to tuition.
$100M / 30 K students = over $3000/ student. Would be quite handy.
$100M / 30 K students = over $3000/ student. Would be quite handy.
Posted on 7/29/19 at 8:03 pm to Farmer1906
A&M has a legacy of oil that blows away most. Alabama was just a sleepy campus with a beautiful quad, some old historic Civil war buildings and an old south Greek system and one hell of a football program when I passed thru there many moons ago. It was still pretty quaint when my oldest attended. But then they hired the guy from Texas Arlington (I believe) and for the building, enrollment and bread rolling into the school he was like hiring Paul Bryant or Nick Saban was to the football program. It has just blown up. But I think Richard Shelby may have helped. Politics and leadership.
Frankly all that growth has come at a price in some ways. It's like the school has gotten a little disjointed from the state it is supposed to be primarily serving. Fact of the business I know it has. We discouraged our youngest a few years back who took the hint and went elsewhere.
Frankly all that growth has come at a price in some ways. It's like the school has gotten a little disjointed from the state it is supposed to be primarily serving. Fact of the business I know it has. We discouraged our youngest a few years back who took the hint and went elsewhere.
Posted on 7/29/19 at 8:05 pm to jimdog
You are the worst
Posted on 7/29/19 at 8:13 pm to East Coast Band
Think it was more like $78M. And yeah they cut the donor a check for the $20M he had already sent them on the $78 pledge and sent it back then removed his name from the building named after him. The donor was Hugh Culverhouse Jr. He was trying to get kids of friends admitted to law school, etc. Son of the owner of the Tampa Bay Bucks. His dad gave the school several hundred million.
Posted on 7/29/19 at 8:15 pm to Old Hellen Yeller
Like a farmer. Outstanding in my field.
Posted on 7/29/19 at 8:15 pm to jimdog
Frick Bammer.
Posted on 7/29/19 at 8:26 pm to jimdog
The University of Alabama has a $1.4 billion endowment, up $100 million YoY.
Currently undertaking $400 million worth of construction projects.
UA construction
more UA construction to be completed in 2019.
And that number doesn't include a new Tutwiler Hall, which itself will be $124 million.
My favorite project is the new performing arts and welcome center on the 200 acres of Bryce property adjacent to campus that UA purchased a few years ago.
(The big blank spot on this map).
And also Hewson Hall. Name after UA Alum Marrilyn Hewson on after she donated $15 million. She's the CEO of Lockheed Martin and is named one of the 'Top 10 most Powerful Women in the World' by Forbes along the likes of German Chancellor Angela Merkel
Plus $600 million for athletic facilities.
Life is pretty good at UA.
Currently undertaking $400 million worth of construction projects.
UA construction
more UA construction to be completed in 2019.
And that number doesn't include a new Tutwiler Hall, which itself will be $124 million.
My favorite project is the new performing arts and welcome center on the 200 acres of Bryce property adjacent to campus that UA purchased a few years ago.
(The big blank spot on this map).
And also Hewson Hall. Name after UA Alum Marrilyn Hewson on after she donated $15 million. She's the CEO of Lockheed Martin and is named one of the 'Top 10 most Powerful Women in the World' by Forbes along the likes of German Chancellor Angela Merkel
Plus $600 million for athletic facilities.
Life is pretty good at UA.
This post was edited on 7/29/19 at 8:29 pm
Posted on 7/29/19 at 9:16 pm to jimdog
Should have used that $100M and built us a new basketball arena
Posted on 7/29/19 at 10:08 pm to secuniversity
quote:
The University of Alabama has a $1.4 billion endowment, up $100 million YoY.
So still behind several SEC schools and well behind A&M’s 13.5 billion.
Posted on 7/29/19 at 10:09 pm to Auburn80
quote:
So still behind several SEC schools and well behind A&M’s 13.5 billion.
Not to mention that is the system's endowment, not the University specifically.
The University's endowment is around $886M.
This post was edited on 7/29/19 at 10:10 pm
Posted on 7/29/19 at 10:45 pm to SummerOfGeorge
quote:
So still behind several SEC schools and well behind A&M’s 13.5 billion.
quote:
Not to mention that is the system's endowment, not the University specifically.
That's actually how it works. It's a single endowment and not autonomous within a certain endowment. The YoY change is due to market performance or interest on investable assets.
Official list of endowments:
Texas A&M U. system and foundations - $13,524,947,000
Vanderbilt U. - $4,608,461,000
U. of Florida Foundation - $1,734,661,000
U. of Missouri system - $1,675,019,000
U. of Alabama system - $1,451,750,000
U. of Kentucky - $1,361,246,000
U. of Tennessee - $1,298,212,000
U. of Georgia and related foundations - $1,274,343,000
U. of Arkansas Foundation - $1,199,303,000
Louisiana State U. system (all campuses) - $886,387,000
U. of South Carolina and affiliated foundations - $809,937,000
Auburn U. and Foundation - $778,163,000
U. of Mississippi Foundation - $713,129,000
Mississippi State U. and Foundation - $506,138,000
The Chronicle of Higher Education
This post was edited on 7/29/19 at 10:46 pm
Posted on 7/29/19 at 10:51 pm to jimdog
UF has a pretty significant building campaign going itself, with the university recently announcing $2.2 billion in projects over the next 5 to 10 years.
This post was edited on 7/29/19 at 10:52 pm
Page 1 of 2
Popular
Back to top
Follow SECRant for SEC Football News