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Started By
Message
re: Your Yearly Reminder that LSU's Endowment is Very Low
Posted on 1/31/19 at 3:40 pm to boxcarbarney
Posted on 1/31/19 at 3:40 pm to boxcarbarney
quote:
Do they though? Every time one of these threads pop up, even alumni turn their nose up at the thought of donating to their alma mater.
Their refusal is usually based on whatever outrage is the hot topic of the day.
Nowadays it is, "They won't get one red cent of my money til that liberal SJW fricktard F.King Alexander is gone. He cost us Jimbo"
0
Posted on 1/31/19 at 3:42 pm to boxcarbarney
If the school wasn’t run like a complete shitshow, I’d be glad to help. I’ve given for years, but the ways things are trending the last few years I’d consider it a waste of money.
Also seeing shite like this occurring doesn’t help
LINK
Also seeing shite like this occurring doesn’t help
LINK
This post was edited on 1/31/19 at 3:44 pm
Posted on 1/31/19 at 3:50 pm to TJG210
quote:
Also seeing shite like this occurring doesn’t help
That's horrible. Has nothing to do with the university's endowment though.
Posted on 1/31/19 at 4:02 pm to boxcarbarney
quote:
That's horrible. Has nothing to do with the university's endowment though.
It absolutely does. If the size of the endowment is a reflection of the public image of the university, the image of the university's official alumni association has some factor in that as well.
Posted on 1/31/19 at 4:04 pm to TJG210
quote:
Also seeing shite like this occurring doesn’t help
LINK
LSU Alumni Association doesn't manage or raise funds for the University's Endowment. The LSU Foundation does.
Posted on 1/31/19 at 4:06 pm to boxcarbarney
LSU does have a low financial endowment but it makes up for it by having a large manly endowment.
Posted on 1/31/19 at 4:07 pm to boxcarbarney
I can assure you TAF is working on a huge project to raise $1billion dollars as we speak
Posted on 1/31/19 at 4:07 pm to boxcarbarney
Let’s see... more seats in the stadium.... pay to park... I got it! Do like the Falcons did, cut prices on everything, open stadium early, give profit to endowment!
Posted on 1/31/19 at 4:09 pm to SpeckledTiger
quote:
It absolutely does. If the size of the endowment is a reflection of the public image of the university, the image of the university's official alumni association has some factor in that as well.
Let me put it another way; the endowment is not run by the university. shite like embezzling employees does not help the university's image. That's why its good to get the info out there that
1. the university does not run the foundation
2. university employees cannot access endowment funds
3. the returns on a larger endowment would make LSU a better place.
Because some shite-sack bastard steals money from the Alumni Association does not mean the same shite-sack bastard can access endowment funds.
Posted on 1/31/19 at 4:16 pm to boxcarbarney
One complaint that I also had when donating is that it seems like 50 organizations within the university are trying to claw money, and each is seemingly going in their own direction. Would also be beneficial if they came up with a tangible plan/vision, rather than just shaking a can.
Posted on 1/31/19 at 4:18 pm to TJG210
quote:
One complaint that I also had when donating is that it seems like 50 organizations within the university are trying to claw money, and each is seemingly going in their own direction. Would also be beneficial if they came up with a tangible plan/vision, rather than just shaking a can.
I don't disagree. LSU is horrible at fundraising. They openly admit it. There is a huge disconnect between the Foundation and the university's alumni.
For example, the LSU Foundation facebook page only has 1300 followers.
This post was edited on 1/31/19 at 4:20 pm
Posted on 1/31/19 at 4:24 pm to TechDawg2007
quote:Of course, compared to Louisiana Tech's endowment, it's huge.
That is pitifully low
The frick out of here
But that's a very low bar.....
Posted on 1/31/19 at 4:27 pm to boxcarbarney
I’d consider donating if I thought LSU would use the resources wisely; they won’t. I do donate a small bit directly to the Business School each year, because I at least see the tangible value in that.
The guy in this thread that said he has foregone vacations to donate to the foundation is just plain stupid.
The guy in this thread that said he has foregone vacations to donate to the foundation is just plain stupid.
Posted on 1/31/19 at 4:30 pm to boxcarbarney
quote:I was under the impression that the Alumni Association's Scholarship Fund is now considered a part of LSU Baton Rouge Endowment Fund ever since the AA was moved under the umbrella of the LSU Foundation 3 years ago.
That's horrible. Has nothing to do with the university's endowment though.
In fact, when I make my annual donation the AA's Scholarship Fund the confirmation I receive says "LSU Foundation."
Posted on 1/31/19 at 4:37 pm to TechDawg2007
Your IQ is very low
Posted on 1/31/19 at 4:46 pm to boxcarbarney
quote:Wow!! LSU has, like, hundreds of millions dollars more in its endowment than any of those schools!!!
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
Posted on 1/31/19 at 4:48 pm to SpeckledTiger
quote:No wonder.....
than I do from my BA (History) from LSU.
Posted on 1/31/19 at 4:49 pm to LSURussian
Nope. If you donate to the AA, you are not donating to the Foundation. However, at a high level, I’d advise everyone to do their research to how much money the AA gives back to LSU, Foundation, and TAF (yes TAF gives back to LSU). The reality is all of this money, while given to different entities, all goes back to LSU.
So that $800K number is highly misleading. I promise you we have much more than that coming in.
So that $800K number is highly misleading. I promise you we have much more than that coming in.
Posted on 1/31/19 at 4:54 pm to boxcarbarney
Dear LSU:
Remember how shitty you were to me about that phony Parking ticket back in 87? I remember. Kindly frick off.
Signed ,
Your humble Pimpness
LSU 89
PS- My Kids at LSU assure me you still suck. I already send you enough money anyhow. I’d rather buy a new big screen than fund your budding Lesbian Dance Therapy Department anyway. Oh, and eat me.
Remember how shitty you were to me about that phony Parking ticket back in 87? I remember. Kindly frick off.
Signed ,
Your humble Pimpness
LSU 89
PS- My Kids at LSU assure me you still suck. I already send you enough money anyhow. I’d rather buy a new big screen than fund your budding Lesbian Dance Therapy Department anyway. Oh, and eat me.
Posted on 1/31/19 at 5:01 pm to FVRLSU09
quote:That's not what I said. Read it again.
Nope. If you donate to the AA, you are not donating to the Foundation.
I said it is my understanding that the Alumni Association's Scholarship Fund is now reported as part of the LSU Foundation's total endowment. That's what I was told by someone who works at the Alumni Association.
I also donate annually to the Foundation.
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