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re: Texas AM endowment supremacy challenged
Posted on 2/6/22 at 8:20 pm to CBandits82
Posted on 2/6/22 at 8:20 pm to CBandits82
Wow, just went and looked, Texas has the 2nd largest endowment, only behind Harvard. They have more that 2:5x what Aggies have.
They should spend a little of that on football before they get here because they suck lately.
They should spend a little of that on football before they get here because they suck lately.
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Posted on 2/6/22 at 8:28 pm to Merritt
I believe along with other good investments Ut took a lot of their state royalty money and invested it in more oil royalties……particularly the Permian basin… I think they get a little bigger piece of the state royalty pie than am also…again this is for the ut system and not just ut Austin … and for stuff to better the university system .. scholarships.. buildings…research …
Posted on 2/6/22 at 8:32 pm to texag7
quote:
So A&Ms increased too
Hmmmm would I trust a Vandy grad to invest my money or an aggy? Lol
Posted on 2/6/22 at 8:36 pm to swinetime
Arkansas at $2.6 Billion. We'll have to see a couple Waltons pass away before we start getting into Vandy territory.
Posted on 2/6/22 at 8:38 pm to morriscat2
You’re still around 2,000,000,000.00 behind the last started mark from A&M.
Posted on 2/6/22 at 8:42 pm to morriscat2
Congrats Vandy!
Always better to have more schools with more money.
Texas is coming and theirs is well bigger than ours. They get 2/3 of the PUF funds in Texas and the A&M system only gets 1/3.
And to the poster above, you are correct. These monies are completely independent of athletics by law in the state of Texas. Athletic departments must run and be funded independent of state funds in the state for public schools.
Posted on 2/6/22 at 8:51 pm to morriscat2
Maybe they can use some of that money to start up a football program.
Posted on 2/6/22 at 8:56 pm to Thecoz
quote:
Smaller alumni base and pretty sure am and ut get significant royalties from state land and not alumni donations only. … unfortunately I do not believe other public universities in texas get a share of the royalties..
Btw… this endowment is managed for the improvement of the university’s and I do not think this for stuff like athletics
True.
Most endowments are virtually locked from athletics, the PUF funds TEXAS & TEXAS A&M benefit from are exclusively for the academic side only.
The PUF money really shouldn't be recognized for UT or A&M as they get annual dividends from the Public Utility Fund's earnings.
Scratch out the PUF figures and UT drops to below Vandy's endowment & A&M is middle of the pack SEC.
One day in the near future the UT crew will come rolling over & let you know just how "leased Escalade rich" A&M really is.
Posted on 2/6/22 at 9:36 pm to BurntOrangeMan
Why would you not recognize it? It is for A&M and Texas and they get money from it every year. It's how both schools pay for most of their infrastructure and buildings. It's also the Permanent University Fund not the Public Utility Fund. It's how A&M built a $268 Million Engineering Building and put in a Med School and Law School and it is how Texas is adding an Austin Med School.
The per student ratio is actually very similar btw between A&M and Texas. Texas has a much larger System due to their share of the PUF. That's why so much money has gone into UTSA, UTD, etc and they also have MD Anderson and Southwestern Medical that get a piece. For A&M they don't have to share their 1/3rd with much. A&M System schools like Corpus, West Texas, etc. don't get PUF money, the only schools that get any of the money are small (Galveston, Prairie View, and Tarleton).
The accounting on the PUF is complicated as well, it's actually very conservatively valued by law. For instance the oil is based on some ridiculously low amount per barrel. Much of the growth has come from all the other minerals they have found on the land. It was originally just scrub land in West Texas they gave as a part of the original Land Grant that they hoped they could make a few bucks renting for ranch land or maybe farming. Of course most of it ended up right in the middle of the Permian Basin.
A&M and Texas also have a lot of money outside of the PUF. A&M just finished a $4 Billion fundraising goal they overachieved at $4.2 Billion. Texas has always raised huge amounts of money from Austin companies as well.
Vandy does far better per student for certain, of course they don't get state funding either but still they have some real money and spend it well. They also have far more flexibility on how they spend their money as a private school.
None of this has crap to do with athletics though.
The per student ratio is actually very similar btw between A&M and Texas. Texas has a much larger System due to their share of the PUF. That's why so much money has gone into UTSA, UTD, etc and they also have MD Anderson and Southwestern Medical that get a piece. For A&M they don't have to share their 1/3rd with much. A&M System schools like Corpus, West Texas, etc. don't get PUF money, the only schools that get any of the money are small (Galveston, Prairie View, and Tarleton).
The accounting on the PUF is complicated as well, it's actually very conservatively valued by law. For instance the oil is based on some ridiculously low amount per barrel. Much of the growth has come from all the other minerals they have found on the land. It was originally just scrub land in West Texas they gave as a part of the original Land Grant that they hoped they could make a few bucks renting for ranch land or maybe farming. Of course most of it ended up right in the middle of the Permian Basin.
A&M and Texas also have a lot of money outside of the PUF. A&M just finished a $4 Billion fundraising goal they overachieved at $4.2 Billion. Texas has always raised huge amounts of money from Austin companies as well.
Vandy does far better per student for certain, of course they don't get state funding either but still they have some real money and spend it well. They also have far more flexibility on how they spend their money as a private school.
None of this has crap to do with athletics though.
Posted on 2/6/22 at 9:38 pm to morriscat2
quote:
2 CWS titles my man
Best underperforming team money can buy.
18 years of top 5 recruiting classes (due to unfair funding) and all you have is 4 CWS appearances and two titles.
If Corbin could truly coach you should have nothing less than 10 CWS appearances and five or more titles. All Corbin does is buy the recruits and the team wins on talent alone.
This post was edited on 2/6/22 at 9:40 pm
Posted on 2/6/22 at 9:38 pm to JayAg
quote:
If Vandy spends one dollar of that on baseball, we are going to remind you cheaters this baseball season
They already cheat by having advantage in baseball. Fk Vandy.
Posted on 2/6/22 at 9:39 pm to morriscat2
OP, endowment has zero to do with football or even NIL 
Posted on 2/6/22 at 9:41 pm to aggressor
Neither school has autonomous rights to the principle fund, case in point the legislature meets in session to decide if the splits change.
You’ll see a few endowment lists where Texas doesn’t even hit the top 10.. the real endowment lists don’t show PUF money.
Y’all raise 4B+ in pledges, not cash.
You’ll see a few endowment lists where Texas doesn’t even hit the top 10.. the real endowment lists don’t show PUF money.
Y’all raise 4B+ in pledges, not cash.
Posted on 2/6/22 at 9:49 pm to BurntOrangeMan
“ legislature meets in session to decide if the splits change.”
Could they ever actually change this and share with the rest of the state public schools like texas tech…university of north texas etc???? It always looked to me like a lot of schools were left with the short stick… but I do not know the ins and outs of this fund.
Could they ever actually change this and share with the rest of the state public schools like texas tech…university of north texas etc???? It always looked to me like a lot of schools were left with the short stick… but I do not know the ins and outs of this fund.
Posted on 2/6/22 at 9:50 pm to cjohn
quote:
Texas is coming and theirs is well bigger than ours. They get 2/3 of the PUF funds in Texas and the A&M system only gets 1/3.
There are a lot of things about the PUF that are very opaque. You need to do a lot of research before you can actually determine how much is "allocated" for the Austin campus and how much for College Station.
Neither are paupers.
This post was edited on 2/6/22 at 9:52 pm
Posted on 2/6/22 at 9:57 pm to momentoftruth87
quote:
They already cheat by having advantage in baseball. Fk Vandy.
I think a lot of people here are actually unaware of the Vandy “private” university loophole they exploit in baseball, and this isn’t going to help
This post was edited on 2/6/22 at 9:58 pm
Posted on 2/6/22 at 9:58 pm to BurntOrangeMan
So do you think other schools spend their endowment principal instead of the interest? If they do it better be a serious emergency. The PUF is highly regulated but it is also very clear in who gets it. There was a lot of hubub years back on trying to change the distribution and allow for more schools to get a piece and that is why A&M added to their System drastically in the early 90's and Texas started investing big time into all the "Other UT's" to try to bring them up. Texas tries to model the UC System with Austin being Berkeley. A&M has a very different model with College Station getting the vast majority of the big money to feed growth while the other Universities in the System are more regional schools, they have also expanded into offering more trades and the RELLIS campus.
I could go on about the PUF but it is likely already making most of tRant's eyes bleed. No one here GAS as it has nothing to do with athletics.
BTW, it's really hard for me to take you seriously on PUF knowledge when you referred to it as the "Public Utility Fund".
I could go on about the PUF but it is likely already making most of tRant's eyes bleed. No one here GAS as it has nothing to do with athletics.
BTW, it's really hard for me to take you seriously on PUF knowledge when you referred to it as the "Public Utility Fund".
Posted on 2/6/22 at 10:03 pm to aggressor
We are public universities, what advantages does Vandy get being private? I’m looking at them side eyed
Posted on 2/6/22 at 10:05 pm to JayAg
Private schools who do not receive federal funds are not subject to Title IX.
Posted on 2/6/22 at 10:17 pm to aggressor
“No one here GAS as it has nothing to do with athletics”
Correct but it is sometimes used by posters as a talking point on why no one can keep up with am in the new nil world… when in reality based on op comments of removing puf the alumni portion of the endowment shows am support by alumni is similar to many other universities they will be competing with in the nil world.
Correct but it is sometimes used by posters as a talking point on why no one can keep up with am in the new nil world… when in reality based on op comments of removing puf the alumni portion of the endowment shows am support by alumni is similar to many other universities they will be competing with in the nil world.
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