Attached is the yearly NACUBO endowment study for U.S. colleges and universities.
http://www.nacubo.org/Research/NACUBO-Commonfund_Study_of_Endowments.html (http://www.nacubo.org/Research/NACUBO-Commonfund_Study_of_Endowments.html)
This year we rank #302 with an endowment around $163 million. Butler and Drake are just below us.
Last year we ranked #310.
Most schools lost money last year. VU's endowment dropped by a tenth of a percent, which isn't bad compared to most schools.
We have work to do. The #202 school, for instance, has an endowment of $325 million. #102 is at $693 million.
Paul
Maybe we could take slightly less than the delta between Valpo and Butler/Drake and throw that money into the football program and facilities so that we are more competitive in the PFL ;) That would be one way to achieve the Athletic Department strategic goal 2.4.
Thanks for the info, 78. I guess staying at the same level as last year is not too bad. Hopefully the economy turns around for us! :thumbsup:
These numbers are from 2011. The stock market had a very good year in 2012 so no doubt we are a fair amount bigger as are most of the schools. Much has to do with net in flow and unfortunately most of that can come as a result of a death of a wealthy alum. I'm unaware of any deaths of that nature and with no active fund raising underway I suspect our results will be in line with the general group.
Wait! I'm not dead yet. Oh, you said 'wealthy.' Never mind. :-[
I'm sorry 72 -- I couldn't restrain my evil twin Skippy from posting the previous remark. I will work harder to keep him in restraints.
Quote from: vu72 on February 01, 2013, 08:58:42 PM
These numbers are from 2011. The stock market had a very good year in 2012 so no doubt we are a fair amount bigger as are most of the schools. Much has to do with net in flow and unfortunately most of that can come as a result of a death of a wealthy alum. I'm unaware of any deaths of that nature and with no active fund raising underway I suspect our results will be in line with the general group.
I've heard as of this summer that Valpo's endowment was around $170,000,000.
Quote from: VULB#62 on February 01, 2013, 12:28:44 PM
Maybe we could take slightly less than the delta between Valpo and Butler/Drake and throw that money into the football program and facilities so that we are more competitive in the PFL ;) That would be one way to achieve the Athletic Department strategic goal 2.4.
I would love to be able to see Valpo win the Championship at least once four years.
Quote from: vu72 on February 01, 2013, 08:58:42 PMThese numbers are from 2011.
Not true. As the press release accompanying the NACUBO says, these figures are for FY2012, which runs through June 30, 2012.
Paul
Quote from: VULB#62 on February 01, 2013, 09:36:27 PM
I'm sorry 72 -- I couldn't restrain my evil twin Skippy from posting the previous remark. I will work harder to keep him in restraints.
Alright dude! Watch it! ;)
Quote from: 78crusader on February 02, 2013, 08:38:18 AM
Quote from: vu72 on February 01, 2013, 08:58:42 PMThese numbers are from 2011.
Not true. As the press release accompanying the NACUBO says, these figures are for FY2012, which runs through June 30, 2012.
Paul
Alright then, the last half of 2012 has been very good and the rest of the stuff I said.