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re: Not the biggest SEC gift ever, but someone just gave $100 million to State
Posted on 4/20/23 at 9:17 pm to anc
Posted on 4/20/23 at 9:17 pm to anc
Very nice. Good for State 
I think this was surpassed last year.
LSU receives history-making donation of $245 million
quote:
4. LSU (Pennington, 1981): $125 million
I think this was surpassed last year.
LSU receives history-making donation of $245 million
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Posted on 4/20/23 at 9:37 pm to wadewilson
quote:
They probably spent nearly that much on that monstrosity of a house they built at Highland and Bluebonnet.
More like on the massive research campus on Perkins
Posted on 4/20/23 at 10:03 pm to anc
The total in earmarks Richard Shelby appropriated to the University of Alabama from federal funds would dwarf anything on that list.
Posted on 4/20/23 at 10:30 pm to elposter
quote:
Give a man a fish, feed him for a day.
Teach a man to fish, feed him for a lifetime.
build a man a fire and keep him warm for a night.
set a man on fire and keep him warm for the rest of his life...
This post was edited on 4/20/23 at 10:32 pm
Posted on 4/20/23 at 10:38 pm to anc
quote:
Largest gifts to SEC universities (current and future):
1. Arkansas (Walton Family, 2002): $300 million
2. Texas (Jack Jackson, 2002): $232 million
3. Vanderbilt (Ingram, 1998): $178 million
4. LSU (Pennington, 1981): $125 million
5. Arkansas (Walton, 2017): $120 million
6. Mississippi State (Bishop, 2023): $100 million
Florida (Wertheim, 2022): $100 million
Ole Miss (Barksdale, 2000): $100 million
Texas (Dell, 2000): $100 million
10. Florida (Warrington, 2014): $75 million
I can't wait for aggy to explain how they are allegedly so rich but didn't make this list.
Posted on 4/21/23 at 6:36 am to GeorgeReymond
In a past life, I did some HVAC work on new construction of an annex at Pennington.
Posted on 4/21/23 at 6:37 am to BurntOrangeMan
quote:
I can't wait for aggy to explain how they are allegedly so rich but didn't make this list.
It's probably the fact that Aggie is a diploma mill for a lot of high paying careers and those alum are happy to toss some coin back.
Posted on 4/21/23 at 6:53 am to MillerLiteTime
quote:
The total in earmarks Richard Shelby appropriated to the University of Alabama from federal funds would dwarf anything on that list.
Using taxpayer dollars to get his name on buildings. Not just at Alabama. This is a major problem with the our current government.
Posted on 4/21/23 at 6:57 am to anc
so?
Posted on 4/21/23 at 6:57 am to Tornado Alley
quote:How much is 125MM in 1981 worth today?
4. LSU (Pennington, 1981): $125 million
Posted on 4/21/23 at 7:35 am to anc
quote:Haven't looked but wouldn't the Vanderbilt Foundation or whoever it was that started Vanderbilt be the largest to Vanderbilt if you look at it in today's dollars?
3. Vanderbilt (Ingram, 1998): $178 million
Posted on 4/21/23 at 7:55 am to Diamondawg
Vanderbilt gave 1 million to change the name of the university, Duke did the same at Duke. Too bad Sewanee did not get the same.
Vanderbilt was rough as a cobb and never actually went to the state, just donated it sight unseen to help his robber barron image which was pretty bad during his lifetime. Based on some stories he was more like the Bill Cutty character in "Gangs of New York"
Vanderbilt was rough as a cobb and never actually went to the state, just donated it sight unseen to help his robber barron image which was pretty bad during his lifetime. Based on some stories he was more like the Bill Cutty character in "Gangs of New York"
Posted on 4/21/23 at 8:09 am to anc
quote:
1. Arkansas (Walton Family, 2002): $300 million 2. Texas (Jack Jackson, 2002): $232 million 3. Vanderbilt (Ingram, 1998): $178 million 4. LSU (Pennington, 1981): $125 million 5. Arkansas (Walton, 2017): $120 million 6. Mississippi State (Bishop, 2023): $100 million
Based on past value of the money, the LSU gift would be the second largest in terms of impact at the time it was given.
$125,000,000 in 1981 would have been worth $247,387,238.72 in 2002 (year picked to easier compare with the Arkansas and Texas donations).
Value calculator
Just an interesting (to me at least) bit of info. Ultimately, they’re all enormous sums.
This post was edited on 4/21/23 at 8:11 am
Posted on 4/21/23 at 8:11 am to anc
What a waste of money that could have been used for much better causes.
Posted on 4/21/23 at 8:12 am to Crow Pie
quote:
How much is 125MM in 1981 worth today?
$125,000,000 in 1981 is worth $415,066,006.60 today
Value calculator
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