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Drive For 105

TSchekler said:
But seriously, is three quarters of a billion dollars the expectation for a P5 AD endowment?
Click to expand...

P12 Campus Endowments
Stanford - $22 billion
USC - $4.7B
Cal - $4B
UCLA -$3.5B
UDub - $3.1B
CU - $1.1B
Utah - $1B
Wazzou - $0.87B
Oregon - $0.72B
Arizona - $0.67B
ASU - $0.64B
OSU - $0.51B

Others
Harvard - $37.6B
Notre Dame - $10B
Texas A&M - $4.7B
tOSU - $3.6B
Texas - $3.3B
Wiscy - $2.5B
Florida - $1.6B
Nebraska - $1.5B
Baylor - $1.1B
Auburn - $0.64B
Bama - $0.63B
CSewe - $0.28B
 
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Skidmark said:
P12 Campus Endowments
Stanford - $22 billion
USC - $4.7B
Cal - $4B
UCLA -$3.5B
UDub - $3.1B
CU - $1.1B
Utah - $1B
Wazzou - $0.87B
Oregon - $0.72B
Arizona - $0.67B
ASU - $0.64B
OSU - $0.51B

Others
Harvard - $37.6B
Notre Dame - $10B
Texas A&M - $4.7B
tOSU - $3.6B
Texas - $3.3B
Wiscy - $2.5B
Florida - $1.6B
Nebraska - $1.5B
Baylor - $1.1B
Auburn - $0.64
Bama - $0.63B
CSewe - $0.28B
Click to expand...
Thank you. I didn't know that was the case.
 
TSchekler said:
Thank you. I didn't know that was the case.
Click to expand...

Not sure what the AD portion is within those numbers. But it's easier to see that Stanford has room to endow sports big time.

It's also telling that powerhouses like Bama and Auburn don't have very big endowments, yet succeed while Harvard is tripping over bags of money but doesn't seek P5 athletic glory when they could.
 
Seems simple to me. Harvard doesn't need a football team to convince kids to go there, auburn and Alabama do so they use their large parts of their endowment on the athletic department.
 
It's scary to think CU didn't have an athletic endowment before this. I would like to think RG wasn't the first to bring this up or at least put it in place. It's sickening to see the above list if this is true.
 
patebuff said:
It's scary to think CU didn't have an athletic endowment before this. I would like to think RG wasn't the first to bring this up or at least put it in place. It's sickening to see the above list if this is true.
Click to expand...
Fundraising has been an achilles heel for the ad since the late seventies.
 
UCLA Four-Deep, founded in 1988 with purpose of funding scholarships for each position on the football team four deep. Expanded to tennis, all sports.

According to UCLA wooden endowment page, average athletic endowment in Pac12 is $63M.

Athletic Endowment
UDub $60M
UCLA $32M
CU $28M
 
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TSchekler said:
End of November to end of February (3 months) went from $83,363,582 to $94,203,932 for an increase of $10,840,350. If those numbers (taken from this thread) are correct, $700k in 4 months would be the definition of "stalled".
Click to expand...
I'd imagine it's this time of year is less conducive to raising money than during the football/basketball season. With, hopefully, some success in football, things will pick up in the fall.
 
DBT said:
I'd imagine it's this time of year is less conducive to raising money than during the football/basketball season. With, hopefully, some success in football, things will pick up in the fall.
Click to expand...
I'm not worried about it; they seem to be doing a great job and hopefully will have reached the $105m by mid to end of the football season. Just pointing out that $700k over the course of 4 months shouldn't be viewed as solid growth.
 
RG's latest letter (email) made mention they still haven't hit the $105M goal yet. Things must have really slowed on the donation front.
 
89BUFF89 said:
RG's latest letter (email) made mention they still haven't hit the $105M goal yet. Things must have really slowed on the donation front.
Click to expand...
Well they have already hit up the big big fish. I have confidence they will get to their goal. However it doesn't really matter, the fundraising will never be over. RG needs to keep building the endowment.
 
Need to get closer to tax time when the big guys are looking for deductions. Charity is a nice deduction.
 
I would assume that once the construction was done everyone backed off but now that there's some winning going on it's a good time to restart
 
Fundraising never stops.

I suspect they'll wrap up this campaign in another year or so. Then give it another two to three years before kicking it into gear again for the West side expansion/renovation. That project, if they do it right, will be about as expensive as this last one was. Lots of work to do to mirror the NE side on the NW side, close in the stadium, retrofit Balch, upgrade the press box, and (presumably) add another 10,000 or so seats to the West side.
 
sackman said:
Fundraising never stops.

I suspect they'll wrap up this campaign in another year or so. Then give it another two to three years before kicking it into gear again for the West side expansion/renovation. That project, if they do it right, will be about as expensive as this last one was. Lots of work to do to mirror the NE side on the NW side, close in the stadium, retrofit Balch, upgrade the press box, and (presumably) add another 10,000 or so seats to the West side.
Click to expand...

Total bill probably similar, I'd think. Fortunately, much more of it can be justified as a university expense instead of an AD expense.
 
Buffnik said:
Total bill probably similar, I'd think. Fortunately, much more of it can be justified as a university expense instead of an AD expense.
Click to expand...
True. The NW expansion could be used for non athletic department stuff like offices. It's really just for show over there anyway. Not enough room to actually duplicate the Champions Center. Put in some fan friendly amenities, offices, etc. maybe move Platis office from that little closet behind Balch. (Assuming that hasn't been done already).
 
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