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re: University of Texas Takes Delivery Of $1 Billion In Physical Gold

Posted on 4/18/11 at 3:46 pm to
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 4/18/11 at 3:46 pm to
quote:

That is pretty good if true.

You have a link? All I could find was a ranking from 2009...when LSU's fund dropped to 554M. $800M would be a solid recovery.


LSU Foundation has assets around $500 Million. Add in the Alumni Association and TAF and you're over $800 Million IIRC.

Most endowments/foundations are all inclusive of athletics and alumni foundations as well. LSU's is still 3 separate entities for now.
Posted by LSURussian
Member since Feb 2005
133528 posts
Posted on 4/18/11 at 4:41 pm to
quote:

LSU's is still 3 separate entities for now.
Nothing like tripling administrative costs when the budget is tight.....
Posted by RollTide4Ever
Nashville
Member since Nov 2006
19621 posts
Posted on 4/18/11 at 4:44 pm to
Do any of these endowments ever get use? There's a bad phallic joke in there somewhere.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135434 posts
Posted on 4/18/11 at 5:05 pm to
quote:

Keep in mind this $20B isn't just for UT-Austin but their entire system.
Not sure that's true.
quote:

Older institutions have advantages such as more alumni and larger endowments. Also keep in mind that moving up in the rankings is a marathon, not a sprint."

It is true that UTSA [University of Texas - San Antonio] is among the newest public universities among the list, and the UTSA endowment of $54 million seems miniscule when compared to other Texas universities such as UTEP ($151 million), Texas Tech ($736 million), and Texas A&M ($5.1 billion).

LINK
Posted by RasinCane
Member since Mar 2011
147 posts
Posted on 4/18/11 at 5:09 pm to
Larry Summers 'used' the Harvard Endowment. He helped Harvard lose a boat load of dough. Then ol Larry got a government post. Revolving door policy, gotta love it.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 4/18/11 at 5:19 pm to
I know for a fact UT Austin does not have a $20B endowment. That is the entire UT system. UT-A is around 7B.


And there's talk that the three lsu fundraising arms will be one in a few years.
This post was edited on 4/18/11 at 5:21 pm
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135434 posts
Posted on 4/18/11 at 5:53 pm to
quote:

I know for a fact UT Austin does not have a $20B endowment. That is the entire UT system. UT-A is around 7B.
UT Arlington

UT Brownsville

UT Dallas

UT El Paso

UT Pan American

UT Permian Basin

UT San Antonio

UT Tyler

I doubt all of those together would remotely approach $1B.
That means the UT Health Sci Ctrs would combine for >$12Billion?

More likely the $20B is a FOS #.
Posted by RasinCane
Member since Mar 2011
147 posts
Posted on 4/18/11 at 6:45 pm to
There are some surprises in this June, 2006 list. Down the list it gets more interesting; Brown has more bucks than Ohio State, Case Western Reserve U has more than Purdue and so on. UFlorida is ranked 62nd behind such notables as Wellesley, Amherst and U of Richmond. LSU is ranked 97th behind Rensselaer Polytechnic Institute and Oberlin College. The dollar amounts are at the site:LINK



Harvard University (MA) 1
Yale University (CT) 2
Stanford University (CA) 3
University of Texas System 4
Princeton University (NJ) 5

Massachusetts Institute of Technology 6
Columbia University (NY) 7
University of California 8
University of Michigan 9
Texas A&M University System3 10

University of Pennsylvania 11
Northwestern University (IL) 12
Emory University (GA) 13
University of Chicago (IL) 14
Washington University (MO) 15

Duke University (NC) 16
University of Notre Dame (IN) 17
Cornell University (NY) 18
Rice University (TX) 19
University of Virginia (VA) 20
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 4/18/11 at 6:51 pm to
Left out TTU?
This post was edited on 4/18/11 at 6:53 pm
Posted by RasinCane
Member since Mar 2011
147 posts
Posted on 4/18/11 at 7:06 pm to
Texas Tech is ranked 111th
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135434 posts
Posted on 4/18/11 at 7:10 pm to
quote:

Left out TTU?
Not a part of the UT system?
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 4/18/11 at 7:12 pm to
Oh, are they independent or something?
Posted by RasinCane
Member since Mar 2011
147 posts
Posted on 4/18/11 at 7:21 pm to
I posted the link to the list above TT is 111th on the list waaay behind Rice
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135434 posts
Posted on 4/18/11 at 8:14 pm to
quote:

Oh, are they independent or something?
I guess so LINK
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 4/18/11 at 8:33 pm to
I don't know anything about the Texas college system[s], it was a legit (?).
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 4/18/11 at 8:54 pm to
TTU is the flagship university of the Texas Tech University System.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
135434 posts
Posted on 4/18/11 at 9:15 pm to
quote:

I don't know anything about the Texas college system[s], it was a legit (?).
I wasn't sure either.
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 4/18/11 at 9:19 pm to
What are the non-flagship schools, and can you answer that without googling?
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 4/18/11 at 9:27 pm to
quote:

What are the non-flagship schools, and can you answer that without googling?


Not a clue...

I just know there's a TTU System and the Lubbock campus is the flagship...

I do know the University Systems of Texas though:

- Texas
- Texas A&M
- Texas Tech
- Houston
- Texas State
- North Texas
This post was edited on 4/18/11 at 9:29 pm
Posted by kfizzle85
Member since Dec 2005
22022 posts
Posted on 4/18/11 at 9:30 pm to
I mean, its a big state, I guess they need that many.
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