Perhaps he retired because ND lost 4 billion of its endowment? Ever consider that? |
He was already retired, idiot. |
They didn't lose 4 billion this past year. Previous posters were comparing a prior year total that included all assets under management to a 2023 report that included only endowment (a number smaller than all assets under management) and surmised that Notre Dame had lost $4 billion. The 2022 to 2023 return, which you can see if you click through the article, was only -0.7%. |
|
This again?!?! |
So when he retired and lost 4 billion. Some legacy. Got it. |
https://www.ndsmcobserver.com/article/2022/01/university-endowment-returns-net-53-2-reaching-20-3-billion-in-june-2021 Looks like they lost 4 billion over two years. |
+1. Lolol |
| Seriously who cares... go rank your own life |
Another “good Catholic “ shows their true colors |
It is interesting how all of the Notre Dame threads always read the same: - 1) the ND alum or parent can’t win the argument on quality of education or weather or locale. 2) they are embarrassed by the poor diversity numbers 3) so they illogically revert to the endowment argument (which no alum of any other school need do) even though the endowment has nothing to do with undergrad selection or prestige |
| Brown and Baylor's endowments are smaller than these but their gains are outperforming them all. |
THIS^ |
|
https://www.insidehighered.com/opinion/blogs/learning-innovation/2023/09/08/endowments-full-time-equivalent-student
Institution name FY22 total endowment market value (in $1,000s) FY22 endowment value per full-time-equivalent student ($) The Trustees of Princeton University $35,794,186 $4,067,983 Yale University $41,383,300 $2,868,064 Stanford University $36,300,000 $2,139,952 Massachusetts Institute of Technology $24,739,862 $2,090,222 Harvard University $49,444,494 $2,013,622 Amherst College $3,321,853 $1,685,364 Swarthmore College $2,725,238 $1,650,659 Williams College $3,534,369 $1,607,993 Pomona College $2,749,865 $1,563,312 Columbia Theological Seminary $262,315 $1,561,400 California Institute of Technology $3,635,000 $1,516,479 Trustees of Grinnell College $2,484,419 $1,437,742 University of Notre Dame $16,729,299 $1,292,237 Bowdoin College $2,474,541 $1,269,647 Austin Presbyterian Theological Seminary $141,588 $1,247,470 The Principia Corporation $855,284 $1,244,955 Wellesley College $2,846,865 $1,196,665 Dartmouth College $8,065,743 $1,192,981 Smith College $2,467,996 $997,170 Berea College $1,438,286 $991,921 Rice University $7,814,267 $982,185 Baylor College of Medicine $1,494,256 $945,133 The Medical College of Wisconsin $1,511,835 $934,963 Washington & Lee University $1,998,334 $894,509 University of Richmond $3,153,393 $867,110 Trustees of the University of Pennsylvania $20,724,352 $839,077 University of California San Francisco Foundation $2,620,126 $824,458 Claremont McKenna College $1,142,670 $805,832 Washington University $12,252,329 $794,729 Vanderbilt University $10,206,067 $787,384 Northwestern University $14,121,488 $693,590 Christian Theological Seminary $71,372 $686,265 Bryn Mawr College $1,144,940 $683,139 Duke University $12,116,260 $673,013 Emory University $9,997,742 $670,300 Davidson College $1,316,043 $667,026 Trinity University $1,704,816 $646,743 Webb Institute $65,838 $627,030 Hamilton College $1,275,562 $622,529 Earlham College $426,217 $600,306 Brown University $6,141,243 $594,046 |
This is not a ND thread other than the ND haters have hijacked it (aka this PP). |
Where in that article did it say they lost 4 billion over two years? You are not comparing two related data points. Compare directly from the same line in the annual financial reports: Endowment and funds functioning as endowment: 2021: $18,001,145 2022: $16,676,084 2023: $16,593,296 This is a decline of $1,407,849 from 2021 to 2023. You got $4B because you are not comparing the SAME apples to apples lines! https://controller.nd.edu/assets/553631/university_annual_report_2023_web.pdf (Page 33) https://controller.nd.edu/assets/457911/2021_annual_report.pdf (Page 33) |