re: Your Yearly Reminder that LSU&#39;s Endowment is Very Low

Posted by boxcarbarney

Above all things, be a man

Member since Jul 2007

24517 posts

Posted on 1/31/19 at 2:38 pm to Sterling Archer

Alabama: $1,238,954
Arkansas: $948,679
Auburn: $641,993
Florida: $1,555,703
Georgia: $1,004,987
Kentucky: $1,142,722
LSU: $851,833
Mississippi State: $449,106
Missouri: $1,476,959
Ole Miss: $606,387
South Carolina: $625,186
Tennessee: $1,106,924
Texas A&M: $10,477,102
Vanderbilt: $4,133,542

3 ...

Posted by jcole4lsu

The Kwisatz Haderach

Member since Nov 2007

31006 posts

Posted on 1/31/19 at 2:42 pm to boxcarbarney

quote:
Texas A&M: $10,477,102

Aggie has a strange endowment, shared somewhat with UT, in which they both have stock in west texas shale. They split like $40 billion

Posted by boxcarbarney

Above all things, be a man

Member since Jul 2007

24517 posts

Posted on 1/31/19 at 2:43 pm to jcole4lsu

quote:
Aggie has a strange endowment, shared somewhat with UT, in which they both have stock in west texas shale. They split like $40 billion

Yeah, its hard to compare LSU's with Aggie. But look at the gumps.

Posted by km

Baton Rouge

Member since Jul 2008

5653 posts

Posted on 1/31/19 at 2:50 pm to boxcarbarney

I donate to the endowment by paying the outrageous tuition (plus all the BS add-ons), since our TOPS Program only pays about 40%. That's about $32K per year. Send your request for donations to the politicians.

2 ...

Posted by GeorgeWest

Baton Rouge

Member since Nov 2013

14203 posts

Posted on 1/31/19 at 2:51 pm to boxcarbarney

The entire LSU system is poorly funded all around. And we LSU alums show how little we value our alma mater by how little we give.

My wife and I made an agreement almost 20 years ago to give as much to the LSU Foundation annually as we spend on our football-MBB-baseball season tickets. That's why now, in our retirement, we still have not made a trip to Europe.

EVERY LSU alum should give something to the LSU Foundation even if it is only $50 annually.

6 ...

Posted by Wayne Campbell

Aurora, IL

Member since Oct 2011

6904 posts

Posted on 1/31/19 at 2:55 pm to boxcarbarney

quote:

1. Texas A&M: $10,477,102
2. Vanderbilt: $4,133,542
3. Florida: $1,555,703
4. Missouri: $1,476,959
5. Alabama: $1,238,954
6. Kentucky: $1,142,722
7. Tennessee: $1,106,924
8. Georgia: $1,004,987
9. Arkansas: $948,679
10. LSU: $851,833
11. Auburn: $641,993
12. South Carolina: $625,186
13. Ole Miss: $606,387
14. Mississippi State: $449,106

Reordered by amount for easier comparison.

Posted by Slippy

Across the rivah

Member since Aug 2005

7158 posts

Posted on 1/31/19 at 2:56 pm to km

quote:
I donate to the endowment by paying the outrageous tuition (plus all the BS add-ons), since our TOPS Program only pays about 40%.

Most states don't have TOPS, and their tuition is higher.

Posted by sweetwaterbilly

Member since Mar 2017

19354 posts

Posted on 1/31/19 at 2:56 pm to TechDawg2007

quote:
Human movement science

So..... Kinesiology?

Posted by boxcarbarney

Above all things, be a man

Member since Jul 2007

24517 posts

Posted on 1/31/19 at 2:56 pm to km

quote:
I donate to the endowment by paying the outrageous tuition (plus all the BS add-ons), since our TOPS Program only pays about 40%. That's about $32K per year. Send your request for donations to the politicians

That's not how endowments work.

Posted by Geauxboy

NW Arkansas

Member since Oct 2006

4856 posts

Posted on 1/31/19 at 2:57 pm to boxcarbarney

quote:
Judging by the responses (lack of) and the upvote to downvote ratio, I imagine most of the people here don't really care about LSU, or do not understand was an endowment does.

Was does an endowment do?

Posted by TeddyPadillac

Member since Dec 2010

28713 posts

Posted on 1/31/19 at 2:57 pm to GeorgeWest

quote:
My wife and I made an agreement almost 20 years ago to give as much to the LSU Foundation annually as we spend on our football-MBB-baseball season tickets. That's why now, in our retirement, we still have not made a trip to Europe.

That's just retarded.

Posted by boxcarbarney

Above all things, be a man

Member since Jul 2007

24517 posts

Posted on 1/31/19 at 3:01 pm to Geauxboy

quote:
Was does an endowment do?

The endowment is a pool of money that is invested. The endowment money itself is not spent. Rather, the return on investment is spent to improve the university. A larger endowment also helps with the national prestige of the university, as alumni giving is one of the benchmarks used when rating at university.

I suspect people think the endowment is just money that someone like F King Alexander can use as he sees fit. It isn't, and he can't.

Posted by Gray Tiger

Prairieville, LA

Member since Jan 2004

36512 posts

Posted on 1/31/19 at 3:02 pm to TechDawg2007

quote:
Human movement science

So you learned to go to the bathroom to potty?
Awesome for you.

Posted by secfballfan

Member since Feb 2016

3354 posts

Posted on 1/31/19 at 3:06 pm to Gray Tiger

Charlie Roberts..where are you

Posted by Harry Caray

Denial

Member since Aug 2009

19241 posts

Posted on 1/31/19 at 3:08 pm to boxcarbarney

I gave them plenty of money during my five years there and they turned around and built a fricking lazy river that no one uses

Posted by SpeckledTiger

Denham Springs

Member since Jul 2010

1482 posts

Posted on 1/31/19 at 3:20 pm to boxcarbarney

As long as LSU keeps providing shitty student services, they won't be inspiring graduates to invest. I've got a large amount of student loan debt because the freshman advisory office gave me the opposite advice of what should have been given and mismanaged my scholarships. I now earn more money based on my 3 semesters at BRCC than I do from my BA (History) from LSU.