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Endowments

PostPosted: Fri Jan 30, 2015 3:39 pm
by Stallion

Re: Endowments

PostPosted: Fri Jan 30, 2015 3:57 pm
by RGV Pony
Emory and Grinnell... How'd they do that,?

Re: Endowments

PostPosted: Fri Jan 30, 2015 5:27 pm
by Ponymon
I see that both UT and A$M are both in the Top 10. It will be interesting to see what happens with their respective endowments now that oil has plunged to $47/ barrel from the $80+ level that it was at for most of the year.

Re: Endowments

PostPosted: Fri Jan 30, 2015 6:58 pm
by tristatecoog
RGV Pony wrote:Emory and Grinnell... How'd they do that,?


Emory -- Coca-Cola money

Grinnell -- The endowment has reached such a blessed size because the Trustees of the school had done two things intelligently in the 1960s: they bought shares of Berkshire Hathaway, and they made a very large investment in (what was then) the very small tech startup Intel [Grinnell College was the principal capital source for Intel in its formative years].

Surprised that TCU is so close to SMU.

80. Trinity U
81. Baylor
117. The Coogs!

Re: Endowments

PostPosted: Fri Jan 30, 2015 10:13 pm
by Mustangs_Maroons
Interesting to see Yale no longer #2. There were some managers with a lot of guts to have that much exposure to get them ~25% returns (ut system and northwestern). You typically don't see that much risk taken in endowments. It paid off for them last year would think they have rebalanced that exposure.

I recall us being around 50. Seems like we keep getting overtaken since my impression is we keep slipping in overall endowment rankings.

While the total dollar value is obvious important and telling I've always thought the endowment per student us more important. No clue how many students these schools have but think of adding all the students in the ut or A&M system and that endowment per student doesn't look as good.

Turner hasn't focused on growing our endowment like it could have over his long tenure here and I don't know how many students we have vs tcu but since tcu doesn't really have graduate programs from what I remember I suspect we have more overall students (grad and UG) which would make the fact our endowment is barely above theirs disturbing.

Re: Endowments

PostPosted: Sat Jan 31, 2015 2:31 pm
by gostangs
The barnett shale has been good to TCU - i thought they had passed us so glad to see that is not the case.

I hope to see more focus on endowment now that our physical plant is in better shape. Also - i know they have focused on current gifts vs endowment dollars so that the scholarship money is bigger faster - but personally i think that is short sighted.

Re: Endowments

PostPosted: Sat Jan 31, 2015 6:59 pm
by rodrod5
Ponymon wrote:I see that both UT and A$M are both in the Top 10. It will be interesting to see what happens with their respective endowments now that oil has plunged to $47/ barrel from the $80+ level that it was at for most of the year.


it may cut into the % return, but it will not cause a decline

the NACUBO numbers include donations and investment returns in the % increase

for UTIMCO the oil royalties would be more like an annual donation VS a return on investment since the bulk of the assets are invested just like any other endowment and not made up of perceived values of underlying land minerals

Mustangs_Maroons wrote:Interesting to see Yale no longer #2. There were some managers with a lot of guts to have that much exposure to get them ~25% returns (ut system and northwestern). You typically don't see that much risk taken in endowments. It paid off for them last year would think they have rebalanced that exposure.

I recall us being around 50. Seems like we keep getting overtaken since my impression is we keep slipping in overall endowment rankings.

While the total dollar value is obvious important and telling I've always thought the endowment per student us more important. No clue how many students these schools have but think of adding all the students in the ut or A&M system and that endowment per student doesn't look as good.

Turner hasn't focused on growing our endowment like it could have over his long tenure here and I don't know how many students we have vs tcu but since tcu doesn't really have graduate programs from what I remember I suspect we have more overall students (grad and UG) which would make the fact our endowment is barely above theirs disturbing.


#31 in 1990

http://www.nacubo.org/documents/1990%20 ... Values.pdf

#54 in 2000

http://www.nacubo.org/documents/2000%20 ... Values.pdf

#55 in 2005

http://www.nacubo.org/documents/2005%20 ... Values.pdf

#56 in 2010

http://www.nacubo.org/Documents/researc ... _Final.pdf

by years

http://www.nacubo.org/Research/NACUBO-C ... ments.html

Re: Endowments

PostPosted: Sun Feb 01, 2015 11:12 pm
by tristatecoog
Boy, endowments and tuition have grown tremendously since 1990...far outpacing inflation. Suppose endowment growth is largely due to the stock market gains of the late '90s and mid-'00s while tuition growth is thanks to huge government cutbacks for higher education and rising costs and wealth stratification.

Re: Endowments

PostPosted: Mon Feb 02, 2015 12:29 pm
by Stallion
Texas Tech at No. 76? Wait what?

Re: Endowments

PostPosted: Mon Feb 02, 2015 8:25 pm
by rodrod5
Stallion wrote:Texas Tech at No. 76? Wait what?


that is for the entire system the health science center is actually a separate institution and as of now the HSC has Lubbock and El Paso as separate institutions and then Angelo State is in the TTU System as well

Texas Tech alone would have an endowment of $674 which would put then at #140

Angelo has a decent endowment for a school of that size because of a large donation many years ago (about $160 is their total endowment)

and the TTU HSC Lubbock has an endowment of $209 and El Paso $133

but also MANY on that list including UT, A&M, Nebraska, UH, U Missouri, Alabama, Tennessee, Maryland and on and on list the "system" endowment for the universities that are in the particular system of their main university (all state universities might or might not be in the same system) so who knows how it would break out of that was not the case

Tech also just ended a billion dollar campaign in the last year or so for the entire system, but the vast majority of that went to the main campus and a pretty good portion of it was actual dollars not "life trust" or non-cash donations like art or software.....although Schlumberger did have a very large software donation for petroleum engineering

Re: Endowments

PostPosted: Tue Feb 03, 2015 5:14 pm
by smustatesman
It used to be that Texas Women's College was well endowed :wink:

Re: Endowments

PostPosted: Tue Feb 03, 2015 6:45 pm
by Planter's Punch
What is the story behind Trinity University's endowment?

Re: Endowments

PostPosted: Tue Feb 03, 2015 7:42 pm
by CalallenStang
Planter's Punch wrote:What is the story behind Trinity University's endowment?


Oklahoma oil money. They got a big gift when James A Chapman, the son-in-law of a guy named McFarlin (the SMU donor), passed away. Not sure what Chapman's connection to Trinity was.

FYI, that Chapman's son has his name on Tulsa's football stadium.

Re: Endowments

PostPosted: Tue Feb 03, 2015 11:36 pm
by tristatecoog
Good stuff re: Tech's endowment. No wonder it's grown so dramatically.

Re: Trinity....The family’s patriarch, Texas rancher and oilman Phillip Chapman (married to Roxanna McFarlin), helped fund the school’s relocation from Tehuacana to Waxahachie in 1902. When Philip died in 1924, he left Trinity $100,000, the largest gift in its history. But it was the next generation of Chapmans who would leave the greatest mark on the University. One nephew, Oscar Chapman, a Waxahachie businessman, became an important Trustee and served as treasurer of the University for
several decades.

Today, the two patriarchs of the Chapman family are brothers Fred, 83, and Bill Chapman, 76, of Ardmore, Oklahoma, nephews of James Chapman, sons of Fred Chapman Sr., Class of 1910, and grandsons of Phillip. Many other family members have attended Trinity.

https://michaelkerrhardy.files.wordpress.com/2012/11/tu-mag-2012-chapman1.pdf