Posted by
Message
SaulGoodman
USA Fan
Albuquerque, NM
Member since Mar 2016
130 posts

LSU's Endowment Is Very Low
I hope more LSU alumni stop looking at LSU as just a team to cheer for/donate to after they graduate and instead start donating to the endowment. LSU's endowment is very low when compared to schools like Texas A&M. Please don't start moaning about how TAF donates some money to the school and how that somehow justifies not having to donate to LSU's endowment.

LSU Foundation (LSU's Endowment)
This post was edited on 9/20 at 1:26 pm


Steauxn
LSU Fan
Port Neches, TX
Member since Dec 2007
19265 posts

re: LSU's Endowment Is Very Low
quote:

LSU's endowment is very low when compared to schools like Texas A&M.


A&M is a top 10 endowment with a top 5 enrollment.....not really fair to compare the 2.


Smalls
LSU Fan
Southern California
Member since Jul 2009
7707 posts

re: LSU's Endowment Is Very Low
True. But our's is extremely weak for a state flagship.


kingbob
LSU Fan
Sorrento, LA
Member since Nov 2010
38711 posts

re: LSU's Endowment Is Very Low
People avoiding contributing directly to the university because F. King Alexander is a jackass who cannot be trusted with the money. Most alumni simply donate to specific departments for specific projects so the money goes where it will actually do some good rather than pay for a 6 figure salary for a dozen unnecessary administrators and deans of diversity.


Smalls
LSU Fan
Southern California
Member since Jul 2009
7707 posts

re: LSU's Endowment Is Very Low
quote:

People avoiding contributing directly to the university because F. King Alexander is a jackass who cannot be trusted with the money. Most alumni simply donate to specific departments for specific projects so the money goes where it will actually do some good rather than pay for a 6 figure salary for a dozen unnecessary administrators and deans of diversity.


Except we have a history of underfunding the endowment since basically forever.


Replies (0)
Replies (0)
503
LSUgrad08112
Member since May 2016
631 posts

re: LSU's Endowment Is Very Low
Louisiana misappropriates funds like no other. I'm sure that LSU would have an easier time getting endowment donations if our administration was halfway competent and could prove that they'd actually do something useful with the money. The only reason I donate to the black hole known as Louisiana bureaucracy is because my TAF fee is required for me to get my season tickets, so again, they'll get more money from me when our administration isn't filled with fricking morons.


AA77
Member since Jan 2016
517 posts

re: LSU's Endowment Is Very Low
Football team aside, LSU isn't in a good place right now. Incompetent and uninspiring leadership at the top of the university, the school is coming out of years of budget cuts, and TOPS will most likely be on the chopping block again next year.


logjamming
LSU Fan
Member since Feb 2014
5656 posts
 Online 

re: LSU's Endowment Is Very Low
quote:

LSU's endowment is very low



Why would someone want to donate to that shite show. LSU is a mess. I'm sorry. I love my alma mater, but the administration has been a total mess since O'Keefe left. It's been a revolving door for about a decade, tuition continues to climb and the school's ranking continues to sink.

This post was edited on 9/20 at 10:27 am


Bucktail1
LSU Fan
Member since Feb 2015
1330 posts

re: LSU's Endowment Is Very Low
You really have no idea what you're talking about.


Replies (0)
Replies (0)
214
AnotherRound
Yale Fan
Member since Oct 2012
2211 posts

re: LSU's Endowment Is Very Low
I think you should explain the endowment in general, benefits, $ contribution amounts etc. People will not contribute to what they don't understand.

You mention A&M - I didn't go there I am aware of their funds through good communication to their alums.


RadThibodeaux
LSU Fan
Arlen, Tx
Member since May 2015
156 posts

re: LSU's Endowment Is Very Low
Preach @LSUgrad08112

I love hearing people cry about how much money is given to our "semi pro football team".... it's usually the same crowd that more than likely doesn't put their money where their mouth is. At least a portion of my money that goes to TAF gets back to the academic side.

I'm sure those same people are also offended by monuments and are all for partication trophies. There's no winning with those pansies.


Replies (0)
Replies (0)
1214
boxcarbarney
LSU Fan
I like pie.
Member since Jul 2007
12686 posts

re: LSU's Endowment Is Very Low
quote:

I think you should explain the endowment in general, benefits, $ contribution amounts etc. People will not contribute to what they don't understand. You mention A&M - I didn't go there I am aware of their funds through good communication to their alums.


This. In the 17 Years since I've graduated, not once has LSU contacted me about donating. Not the alumni association nor the school itself. Perhaps if they let more of us know how to donate, and how the donations will be spent, they'd get a little more cheddar out of us.


SaulGoodman
USA Fan
Albuquerque, NM
Member since Mar 2016
130 posts

re: LSU's Endowment Is Very Low
quote:

Why would someone want to donate to that shite show. LSU is a mess....tuition continues to climb and the school's ranking continues to sink.


That way of thinking makes things worse and is a lousy excuse to avoid donating to academics. ie negative feedback loop / reflexive feedback loop
This post was edited on 9/20 at 12:29 pm


nola000
LSU Fan
Lacombe, LA
Member since Dec 2014
3155 posts

re: LSU's Endowment Is Very Low
Ill give you two examples of why people in Louisiana dont trust government enough to donate or support millages and tax increases.

The Causeway bridge was sold to voters on the premise that the tolls would pay for the bridge in 20 years or so and then the tolls would be lifted and the bridge would be funded out of the States highway budget. That was 62 years ago. Not only are the tolls still in place they keep going up. Concerned Citizens for St. Tammany cited that the Causeway was actually paid for 3 or 4 times over since it was built.

The Crescent City Connection was sold to the voters the same way and paid for even more times over and not only did they never willingly remove the tolls they fought their removal tooth and nail even going as far as forming PACS to advertise and spread fear propaganda all the way to allegations of voter fraud resulting in a re-vote/re-count.

LA politicians love their honey pots and power. The quote, "Power tends to corrupt and absolute power corrupts absolutely" has never been more aptly applied than in the case of LA politics.
This post was edited on 9/20 at 10:39 am


Shadowlink
LSU Fan
The Shadows
Member since Apr 2014
1023 posts

re: LSU's Endowment Is Very Low
I'm a recent alum, someone explain to me how my donations work in endowment. Am I donating a principal that LSU invest and LSU spends the interest?


ibldprplgld
USA Fan
Nola
Member since Feb 2008
6047 posts

re: LSU's Endowment Is Very Low
Texas A&M and Texas are in a different league because of the State oil money they get pumped into their endowments, so that's not exactly an apples to apples comparison.

However, I agree that LSU's endowment is embarrassing, and we alumni need to give back more to the academic side of the University.


ibldprplgld
USA Fan
Nola
Member since Feb 2008
6047 posts

re: LSU's Endowment Is Very Low
quote:

Football team aside, LSU isn't in a good place right now. Incompetent and uninspiring leadership at the top of the university, the school is coming out of years of budget cuts, and TOPS will most likely be on the chopping block again next year.


This is true. It's a combination of incompetence, misplaced priorities, and State leaders who don't want to stick their necks out and make education cuts where they need to be made (i.e., the schools that underperform in every aspect academically need to be closed or restructured).


SaulGoodman
USA Fan
Albuquerque, NM
Member since Mar 2016
130 posts

re: LSU's Endowment Is Very Low
quote:

Ill give you two examples of why people in Louisiana dont trust government enough to donate or support millages and tax increases.



Anecdotal example...while LSU is a public university, you are confusing public infrastructure taxes with donations that stay within an institution of higher education.

Another poor excuse to not support the endowment.

I agree that the communication could be better between LSU and donors. Other than that, the excuses on here have been lame. Higher education is an investment in Louisiana's future and has a high ROI. Our flagship university needs to have a large endowment.
This post was edited on 9/20 at 10:58 am


atltiger6487
Member since May 2011
6411 posts

re: LSU's Endowment Is Very Low
quote:

quote:
Why would someone want to donate to that shite show. LSU is a mess....tuition continues to climb and the school's ranking continues to sink.
quote:

That way of thinking makes things worse and is a lousy excuse to avoid donating to academics. Do you understand what a negative reflexive feedback loop is?

so if an organization is poorly run, people should just continue to donate to that organization? Talk about a negative feedback loop!!!

I'd argue that the way you get the attention of leaders at any organization is with your wallet. Withhold donations and they'll take notice.

This post was edited on 9/20 at 10:58 am


SaulGoodman
USA Fan
Albuquerque, NM
Member since Mar 2016
130 posts

re: LSU's Endowment Is Very Low
quote:

so if an organization is poorly run, people should just continue to donate to that organization?


I don't find LSU to be poorly run. I'm amazed at what they've been able to do with so little.

Of course there are areas that can be improved as there are in any large organization. I'm sorry that you feel that way and hope that you find more proactive ways to engage LSU's perceived weaknesses.
This post was edited on 9/20 at 11:06 am


Page 1 2 3 4 5 6 7 8
Jump to page
first pageprev pagePage 1 of 8next pagelast page

Back to top

logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram