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College and University Discussion
Reply to "Carnegie Mellon and Georgetown - why so low endowments?"
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[quote=Anonymous][quote=Anonymous]CMU grad and donor here. Only in the last few years did they up their game on courting donors. They realized their endowment wasnt' great compared to similar schools. Also, it's a pressure-cooker school so I think a lot of people spend so much time studying that they don't develop a big sense of community = less likely to donate later. I met some amazingly intelligent people there and keep in touch with them 20 years later. Glad I went there.[/quote] Donations contribute little to endowments. Stanford only got 1 billion in donations compared to their 20+ billion endowment. Most of the LACs with billion dollar+ endowments only raise several tens of million dollars a year. It's all about investing in the right things and getting a good return.[/quote]
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