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Speaking of Endowments (TCU vs. SMU)
Posted:
Tue Jan 12, 2016 4:47 pmby StallionsModelT
Saw on Wikipedia that the TCU endowment is reportedly is $1.749B and ours is $1.505B.
WTF? Their endowment is that much larger than ours?!
Re: Speaking of Endowments (TCU vs. SMU)
Posted:
Tue Jan 12, 2016 4:49 pmby RGV Pony
Guess they saved some of that shale $?
Re: Speaking of Endowments (TCU vs. SMU)
Posted:
Tue Jan 12, 2016 10:24 pmby CalallenStang
This shows our endowment and theirs at roughly the same level (ours is slightly higher):
http://www.nacubo.org/Documents/Endowme ... evised.pdf Numbers are end of FY2014.
Re: Speaking of Endowments (TCU vs. SMU)
Posted:
Tue Jan 12, 2016 10:25 pmby smupony94
We build more fountains
Re: Speaking of Endowments (TCU vs. SMU)
Posted:
Tue Jan 12, 2016 10:28 pmby CalallenStang
This appears to be Wikipedia's source for TCU (look at the "Total Investments" row)
http://www.ir.tcu.edu/zfiles/Fall2015.pdfNot sure what the snapshot in time here is or if TCU has any investments external to their endowment...I question this number relative to what was reported at end of FY2014.
Speaking of Endowments (TCU vs. SMU)
Posted:
Tue Jan 12, 2016 10:32 pmby CalallenStang
The SMU 1.505 mil number comes from the financial report published May 31, 2015.
Re: Speaking of Endowments (TCU vs. SMU)
Posted:
Wed Jan 13, 2016 2:22 amby NavyCrimson
Guess its time for another billion dollar campaign
Re: Speaking of Endowments (TCU vs. SMU)
Posted:
Wed Jan 13, 2016 8:52 amby CalallenStang
NavyCrimson wrote:Guess its time for another billion dollar campaign
While I wouldn't go quite that far, there's no question that one thing that our previous campaign was short on was gifts to the endowment. We focused on capital projects instead.
Re: Speaking of Endowments (TCU vs. SMU)
Posted:
Wed Jan 13, 2016 9:07 amby mrydel
Is it true that if we took our $1.5 billion and divided it among all US citizens we would all get around $4,000,000 each?
Re: Speaking of Endowments (TCU vs. SMU)
Posted:
Wed Jan 13, 2016 9:15 amby ebrooks11
CalallenStang wrote:NavyCrimson wrote:Guess its time for another billion dollar campaign
While I wouldn't go quite that far, there's no question that one thing that our previous campaign was short on was gifts to the endowment. We focused on capital projects instead.
Yes
Re: Speaking of Endowments (TCU vs. SMU)
Posted:
Wed Jan 13, 2016 9:39 amby RGV Pony
mrydel wrote:Is it true that if we took our $1.5 billion and divided it among all US citizens we would all get around $4,000,000 each?
Whomever had that meme had a math error.. I think it's more like 4 bucks
Re: Speaking of Endowments (TCU vs. SMU)
Posted:
Wed Jan 13, 2016 9:40 amby RGV Pony
But as OTP will tell you, four bucks is four bucks
Re: Speaking of Endowments (TCU vs. SMU)
Posted:
Wed Jan 13, 2016 10:40 amby mrydel
RGV Pony wrote:mrydel wrote:Is it true that if we took our $1.5 billion and divided it among all US citizens we would all get around $4,000,000 each?
Whomever had that meme had a math error.. I think it's more like 4 bucks
I know. But it is amazing how many people believe it still.
Re: Speaking of Endowments (TCU vs. SMU)
Posted:
Wed Jan 13, 2016 12:01 pmby NavyCrimson
When I suggested another campaign I didn't want to sound sarcastic. I truly meant it. For SMU to get to the next level we need to build our endowment and scholarship dollars.
Re: Speaking of Endowments (TCU vs. SMU)
Posted:
Wed Jan 13, 2016 12:45 pmby StallionsModelT
NavyCrimson wrote:When I suggested another campaign I didn't want to sound sarcastic. I truly meant it. For SMU to get to the next level we need to build our endowment and scholarship dollars.
Couldn't agree more. Endowment needs to be north of $2B.