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 wellmediocre 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 giftsmediocre goal for the endowment. Growing $577MM to $1BB over 10 years is barely above a 5% return with NO additions!!!!