Why do we have such limited funds?

[JMick]

UConn needs to do a better job with Student/University relations while they're actually at school. I'll never donate a dime after they killed the social life there.

 

[FAIRTIDES]

(Rest of post unquoted for brevity's sake.)

I agree with much of your post, though I do think the times are changing. When I was there, from 2000-2005, a kid I knew in the Comp Sci program was the valedictorian of his school. Smart kid. I went to school with a lot of very smart UConn students in the School of Eng.

These are kids who grew up and couldn't afford schools like Northeastern or Wesleyan, but could afford UConn. And they have good jobs, but they're only in their mid-30's. They have money, but not "buy out a football contract" money.

I do think, however, some of them are bound to make it big. And UConn is only getting harder to get into. While also remaining a very realistic choice for kids who are suddenly thinking about the student debt they're going to be saddled with.

Does this help us now? No. But I think in 20ish years, it may well be that UConn has a lot more big money donors than it used to. Or maybe that's just wishful thinking and we'll all be mildly successful computer engineers tailgating at sad football games. I'm not Nostradamus.

Speaking of the "Engineering School," has anyone contacted this guy for something other than a Commencement Address and bestowing a couple of honors?

Scott Case (business) - Wikipedia

He does a lot of good works with his billions, is a UConn alum and was a pretty good player for one of the best high school football programs in CT. So, even if he might be a little nerdy, football is not a foreign concept.

 

[UConnNick]

And also no oil wells.

It's funny you should mention oil wells. The State of Texas owns millions of acres of mineral rights. Some of those lands are dedicated to the Permanent University Fund. The royalties payable from those rights go 2/3 to UT and 1/3 to A&M. None of the other state supported colleges and universities get a nickel of that money, including UH. It's a huge bone of contention. It's one of the primary reasons why A&M left UT and the B12 to join the SEC.

It gets even worse. Due to conflicting and overlapping jurisdictional and administrative rules, I am aware of a situation where an A&M alum donated some land and mineral rights to the university. When it came time to lease, the Texas General Land Office or A&M each had the authority to lease the minerals. The problem was the GLO signed the lease, so the royalties went into the state's general account, not to the university. The decedent intended for A&M to benefit from the gift and now they'll never see any of that royalty income.

 

[Adios]

UConn is nerd galore now. Don't worry, we'll have a championship by 2050. Or maybe 2100.

 

[shizzle787]

Becuase we have too many sports. UCLA (9) and WVU (8) have less male sports than us.

 

[uconnfan68]

Who do you throw under the bus?

 

[Colt house75]

In answer to the post, we have no endowment because administration prior to 1995 relied on state money.
Fund raising sacked.
I received contact once a year if lucky from 1975 to 1995.
Susan Herbst has been reaching out to us thru the foundation constantly . She in my opinion, brought us into the 21st century . she has been incredible .
The big endowment schools have a 100 year head start on us.
Harvard and Yale have a 250 year head start .