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re: LSU Alumni are "dead last" in SEC in endowment contributions

Posted on 12/9/15 at 2:59 pm to
Posted by HeavyCore
Member since Sep 2012
2552 posts
Posted on 12/9/15 at 2:59 pm to
I think Stanford's endowment is like 20 billion or something crazy.
Michigan's is pretty up there too with 9 billion or so.
This post was edited on 12/9/15 at 3:00 pm
Posted by Kracka
Lafayette, Louisiana
Member since Aug 2004
42504 posts
Posted on 12/9/15 at 3:00 pm to
I'd like to know what all of these schools are going to do when all of that old money dries up. Especially LSU
Posted by lsu13lsu
Member since Jan 2008
11842 posts
Posted on 12/9/15 at 3:19 pm to
quote:

Doesn't surprise me at all after reading TD. A lot of LSU fans/alumni absolutely do not care in the least about LSU's academic side. They're actively against more state funding for LSU, so I'm sure that carries over to their donations or lack thereof.


Many of us are not actively against state funding. We just live in a reality that there isn't a money tree and the budget should be balanced. So cut something and spend more on LSU. I am fine with that.
Posted by TJG210
New Orleans
Member since Aug 2006
29510 posts
Posted on 12/9/15 at 3:21 pm to
quote:

This shite isn't that hard, man. Give me something to give for (like crab people), show how my giving created crab people, then ask again!


Excellent point!

But, then you have instances like the nutrition center where you give to it, gets fully funded, then nothing. What kind of message does that send?
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
76373 posts
Posted on 12/9/15 at 3:26 pm to
I'll never understand why people are fascinated by giving money back to a school. You paid for the service and now the transaction is done.
Posted by OweO
Plaquemine, La
Member since Sep 2009
122534 posts
Posted on 12/9/15 at 3:27 pm to
Psychology majors average starting salary is $20,811.00. Is that even worth going to school for?
Posted by Team Vote
DFW
Member since Aug 2014
7957 posts
Posted on 12/9/15 at 3:35 pm to
quote:

I'll never understand why people are fascinated by giving money back to a school. You paid for the service and now the transaction is done.

Not speaking for everyone but the idea is you want the institution to be doing well presently so that your degree from that institution looks even better.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 12/9/15 at 3:41 pm to
quote:

Not speaking for everyone but the idea is you want the institution to be doing well presently so that your degree from that institution looks even better.



That. Plus many people give to education to ensure the future success of our country. There's a lot of people out there that believe in a strong, educated workforce results in a strong economic outlook.

Obviously I'm simplifying this greatly.
Posted by BayouBengals03
lsu14always
Member since Nov 2007
99999 posts
Posted on 12/9/15 at 3:41 pm to
quote:

LSU alumni are probably dead last in salaries too.

Yeah no.
Posted by Teddy Ruxpin
Member since Oct 2006
40998 posts
Posted on 12/9/15 at 3:42 pm to
quote:

Excellent school. I'm trying to persuade my daughter to go there. She feels as if she'd get bored living there though.



Most college towns kinda suck once you remove the people you go to school with.

Tough decision though.

I do know that it seems like every one I meet that went to school with my wife is doing very well so there's that.
Posted by Artie Rome
Hwy 1
Member since Jul 2014
8757 posts
Posted on 12/9/15 at 3:44 pm to
quote:

Same for their law school.


You can't treat people the way they used to and expect money.
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
76373 posts
Posted on 12/9/15 at 3:46 pm to
That's a good explanation, thank you.
Posted by Teddy Ruxpin
Member since Oct 2006
40998 posts
Posted on 12/9/15 at 3:46 pm to
quote:

Subtle brag about William & Mary?



More a comparison between how one school's attempts at collecting donations that I have experience with is greatly superior to anything I've received, or more damaging, not received from LSU.
Posted by SabiDojo
Open to any suggestions.
Member since Nov 2010
84835 posts
Posted on 12/9/15 at 3:47 pm to
quote:

You can't treat people the way they used to and expect money.



Oh, I agree.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 12/9/15 at 3:48 pm to
The smaller, liberal-arts schools can do this so well because the perception of an elite school is needed to all but guarantee future success. Combined with a more closely-knit alumni base and you see increased giving.
Posted by blowmeauburn
Baton Rouge
Member since Sep 2006
8064 posts
Posted on 12/9/15 at 4:13 pm to
Here is why, and I'm sure others can relate.


I graduated in 2008. Since then, the Athletic Foundation has contacted me to donate every single year and I have, never mind that it wasn't a bunch of money.

LSU itself on the other hand has never contacted me to donate. Several of my colleagues who went to various schools across the country claim they get contacted several times a year.

I think the problem is rests largely with LSU itself and not the alumni.
Posted by Sev09
Nantucket
Member since Feb 2011
15874 posts
Posted on 12/9/15 at 4:34 pm to
quote:

Subtle brag about William & Mary?


I Googled and got the same result.
Posted by npersa1
Austin, TX (#ATX)
Member since Jun 2008
2135 posts
Posted on 12/9/15 at 4:50 pm to
Checking in with some random thoughts:

Donating to LSU does help preserve and improve the value of your degree through public perception and college rankings. The popular U.S. News and World Report rankings, for instance, include a metric for how many alumni donate - not how much. In other words, 100 alumni donating $1 each helps the school's ranking more than one alumnus donating $100.

If you care at all about LSU, its public perception, its future, its importance to Louisiana and our ability to attract top students, faculty and staff, then please, please donate at least $1 to our university. And to make it easy for you, here's the link:
LSU Foundation: Give Now


Secondly, what I think a lot of people forget is how the generosity and forethought of those who came before us not only paved the way but also made our education at LSU possible. I do not know the statistics/numbers for LSU (perhaps a communications issue?) but for a general, ballpark comparison, look at The University of Texas at Austin: UT Austin has a significantly larger endowment than LSU. And, if UT Austin survived on tuition dollars alone, it would shut down the first week of November every year.

So, from that angle, it seems like we can either talk about how we drastically change public funding for our state's flagship or we need alumni to step up to the plate and donate to the university apart from TAF.
This post was edited on 12/9/15 at 4:51 pm
Posted by ColoradoAg03
Denver, CO
Member since Oct 2012
6688 posts
Posted on 12/9/15 at 4:53 pm to
I get calls basically weekly from aTm, even Sunday evenings. I need my money more than they do. How the hell else am I supposed to go fishing in Cabo twice in 6 months??
Posted by Sandybottoms
Member since Aug 2014
35 posts
Posted on 12/9/15 at 4:55 pm to
After the whole Charlie Roberts debacle, I got a bad taste in my mouth about the integrity of the whole LSU Alumni Association. The caliber of people they hire there seemed sketch. I haven't donated since. LINK
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