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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Texas bounty hunter women state yeah great idea to entertain.

Abbott is 100% going to win again and so is Paxton sending a male or female to Texas now is just beyond bad parentling.[/quote]

The state leadership's stance on any number of issues will make it hard for their universities to recruit or even retain great personnel. UT's future looks grim. [/quote]

Have you seen any announcements of Profs leaving UT in protest? Me, neither.

UVA’s endowment is $14.5 billion. [b]UT’s endowment is $42.9 billion[/b] and is expected to exceed Harvard’s $53 billion this year (the Texas Permanent University Fund includes a chunk of oil royalties, so higher oil prices that depress the rest of the economy is in its favor).

They can buy anything they want. Under their STARS program, UT is building state of the art lab facilities for the purpose of attracting talent. As an example, UT built one of the best structural biology labs in the world and recruited an entire lab from Dartmouth, who then were instrumental in developing the Covid vaccine. The lab has been updated since. The “great personnel” will follow the money.

https://cns.utexas.edu/news/covid-19-vaccine-with-ut-ties-arrived-quickly-after-years-in-the-making

https://cns.utexas.edu/news/as-cryo-em-capabilities-expand-cool-science-at-ut-gets-a-boost
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You are comparing apples to oranges.  That figure, sometimes also given as $39B is system wide for all of the UT schools.  THe UVA figure you give is for UVA alone - and UVA is almost 100% self-supporting now, which UT Austin is now.  2. University of Texas—$31.9 Billion

The University of Texas system had roughly $31.90 billion in endowment assets at the end of the 2020 financial year, an increase of 3.2% from the year before.

The University of Texas/Texas A&M Investment Company oversees the system's four major endowment funds, which are the:

Permanent University Fund
Permanent Health Fund
Long Term Fund
Separately Invested Fund

The Permanent University Fund supports the University of Texas, Texas A&M, and their smaller schools.

The Permanent Health Fund contributes revenue to medical research, health education, public health, nursing, and treatment programs.
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Your numbers are old. The UT endowment is getting $6 million *a day* from oil revenues and is expected to top $50 billion this year, at a time when other endowments’ investments are shrinking. Two-thirds of the PUF goes to the UT system (one third to A&M).

https://www.bloomberg.com/graphics/2022-harvard-university-of-texas-richest-college-oil-endowments/?leadSource=uverify%20wall

Land operated by the University of Texas System is on track to post its best-ever annual revenue in fiscal 2022 because of soaring oil prices and production on its property in the Permian Basin. Oil reached a high of $120 a barrel earlier this year as a result of a war-induced energy crunch. The revenue is expected to help narrow the gap between the Texas system’s $42.9 billion endowment and Harvard’s $53.2 billion as of June 2021.

“The University of Texas has a cash windfall when everyone is looking at a potential cash crunch,” said William Goetzmann, a professor of finance and management studies at Yale University’s School of Management. “Adjusting your portfolio for social concerns is not costless.”

The oil and gas revenue will help insulate the University of Texas System from all that. It’ll stem concerns about liquidity and help investment managers hunting deals in a down market. It also represents hard cash, instead of gains tied up in investments like private equity and venture capital, which is more typical for the richest college endowments and drove record returns in the prior year. Meanwhile, even if the Texas system shows negative investment returns, the revenue could help protect the endowment value.

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