School has set a target of reaching a $1 Billion Endowment and $500 million in yearly research by 2034. | The Boneyard

School has set a target of reaching a $1 Billion Endowment and $500 million in yearly research by 2034.

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mediocre goal for the endowment. Growing $577MM to $1BB over 10 years is barely above a 5% return with NO additions!!!!
 
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mediocre goal for the endowment. Growing $577MM to $1BB over 10 years is barely above a 5% return with NO additions!!!!
Theyre also looking to increase graduation rates and research dollars, which is going to cost a good chunk of money. Not to mentioned the state will probably lower their support which will cost a good chunk of money as well
 
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mediocre goal for the endowment. Growing $577MM to $1BB over 10 years is barely above a 5% return with NO additions!!!!
They have to spend the returns on $577 to pay for the football team staying independent, so the growth to $1B has to come solely from new gifts

/S
 
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If something is worth doing, it's worth doing half-arsed.
 
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As an aside, I noticed many prominent universities belong to the ORAU. I also noticed that Florida, Texas and North Carolina are well represented while not one school from California belongs. Just curious if any of these other associations are as important as AAU. I think only Yale and UMass-Lowell from New England are members.


"The organization was first established in 1946 as the Oak Ridge Institute of Nuclear Studies (ORINS) with 14 university members. Its original purpose was to advance science and technology education and research by providing access to the atomic energy research facilities of the Oak Ridge National Laboratory (ORNL) to faculty and students of universities across the South."

"ORAU's mission continues to be the advancement of scientific research and education. ORAU operates the Oak Ridge Institute for Science and Education (ORISE) under contract to the Department of Energy. ORISE provides operational capabilities dedicated to enabling critical scientific, research, and health initiatives of the department and its laboratory system by providing world class expertise in STEM workforce development, scientific and technical reviews, and the evaluation of radiation exposure and environmental contamination."
 

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