Speaking of Endowments (TCU vs. SMU)

StallionsModelT · Post by **StallionsModelT** » Tue Jan 12, 2016 4:47 pm

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?!

RGV Pony · Post by **RGV Pony** » Tue Jan 12, 2016 4:49 pm

Guess they saved some of that shale $?

CalallenStang · Post by **CalallenStang** » Tue Jan 12, 2016 10:24 pm

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.

smupony94 · Post by **smupony94** » Tue Jan 12, 2016 10:25 pm

We build more fountains

CalallenStang · Post by **CalallenStang** » Tue Jan 12, 2016 10:28 pm

This appears to be Wikipedia's source for TCU (look at the "Total Investments" row) http://www.ir.tcu.edu/zfiles/Fall2015.pdf

Not 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.

CalallenStang · Post by **CalallenStang** » Tue Jan 12, 2016 10:32 pm

The SMU 1.505 mil number comes from the financial report published May 31, 2015.

NavyCrimson · Post by **NavyCrimson** » Wed Jan 13, 2016 2:22 am

Guess its time for another billion dollar campaign

CalallenStang · Post by **CalallenStang** » Wed Jan 13, 2016 8:52 am

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.

mrydel · Post by **mrydel** » Wed Jan 13, 2016 9:07 am

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?

ebrooks11 · Post by **ebrooks11** » Wed Jan 13, 2016 9:15 am

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

RGV Pony · Post by **RGV Pony** » Wed Jan 13, 2016 9:39 am

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

RGV Pony · Post by **RGV Pony** » Wed Jan 13, 2016 9:40 am

But as OTP will tell you, four bucks is four bucks

mrydel · Post by **mrydel** » Wed Jan 13, 2016 10:40 am

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.

NavyCrimson · Post by **NavyCrimson** » Wed Jan 13, 2016 12:01 pm

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.

StallionsModelT · Post by **StallionsModelT** » Wed Jan 13, 2016 12:45 pm

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.