Anonymous wrote:That is an interesting place to be for faith-based institutions - how to reconcile having billions in resources in light of their educational and social justice missions.
Being non-profit organizations that value service and outreach, how and why should resources be allocated versus being maintained in the coffers.
These universities will certainly not close if 1/3 of the endowment is allocated to outreach and service oriented programs.
WWJD?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:why do you keep posting stuff like this, OP? Why? So what? What are we supposed to say? Do you have a thought? Or are you just wasting our time?
x100000
x a million. It's always started by the Notre Dame crowd because that's all they think they have to offer - an allegedly high (not so any more) endowment. They don't understand that the endowment means zero to entering students or applicants.
Um, where did you get the impression OP is ND booster. I didn't see that anywhere other than someone started earlier in the thread complaining about ND.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Notre Dane must have lost a substantial amount of their endowment. I seem to recall they were close to 20 billion a while ago.
Virtually every school lost money a year ago. You have selective memory.
But Notre Dame lost over 4 billion dollars, a 7.44% loss. That was eclipsed only by MIT. So not selective memory (and I’m a different pp just tired of all of the ND boosters who cite to ridiculous things like endowment but then hide their head in the sand when anyone points out ND’s terrible diversity figures
In the article cited, which used NACUBO data, Notre Dame was only down .7%
https://www.insidehighered.com/news/business/financial-health/2024/02/15/college-endowment-returns-ticked-fiscal-year-2023
University of Notre Dame
$16,616,524
$16,729,299
-0.7%
Found the article from June 2021:
https://www.ndsmcobserver.com/article/2022/01/university-endowment-returns-net-53-2-reaching-20-3-billion-in-june-2021
20.3 billion in June of 2021
Yep and now ‘$16b. That’s a 4 billion dollar loss. Huge for only a 16b endowment
And still holds it's place as a highly ranked university in terms of endowment AND academics AND athletics. I know you are grasping for anything that you can find to bash this wonderful Catholic institution! You are probably one of those who predicted it would fall out of T20 in USNWR this year, which it did not LOL.
I highly doubt that ND lost 4 billion in their endowment. I also highly doubt that ND ever had an endowment over 29 billion. It appears that hyperbole and ND are correlated.
that was proven upthread. do you need me to go and pull stats for you?
Anonymous wrote:Anonymous wrote:Anonymous wrote:why do you keep posting stuff like this, OP? Why? So what? What are we supposed to say? Do you have a thought? Or are you just wasting our time?
x100000
x a million. It's always started by the Notre Dame crowd because that's all they think they have to offer - an allegedly high (not so any more) endowment. They don't understand that the endowment means zero to entering students or applicants.
Anonymous wrote:But at some point, the question has to be asked. How much is enough?
Based on the list, you can certainly run a world class university (of any size and type) with less than $10 billion.
Unless you are expanding financial aid to more families (Ex. Free ride to those with HHI < $100k), it sure looks like all you’re doing is keeping up with the Jones’s.
Anonymous wrote:That is an interesting place to be for faith-based institutions - how to reconcile having billions in resources in light of their educational and social justice missions.
Being non-profit organizations that value service and outreach, how and why should resources be allocated versus being maintained in the coffers.
These universities will certainly not close if 1/3 of the endowment is allocated to outreach and service oriented programs.
WWJD?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Notre Dane must have lost a substantial amount of their endowment. I seem to recall they were close to 20 billion a while ago.
Virtually every school lost money a year ago. You have selective memory.
But Notre Dame lost over 4 billion dollars, a 7.44% loss. That was eclipsed only by MIT. So not selective memory (and I’m a different pp just tired of all of the ND boosters who cite to ridiculous things like endowment but then hide their head in the sand when anyone points out ND’s terrible diversity figures
In the article cited, which used NACUBO data, Notre Dame was only down .7%
https://www.insidehighered.com/news/business/financial-health/2024/02/15/college-endowment-returns-ticked-fiscal-year-2023
University of Notre Dame
$16,616,524
$16,729,299
-0.7%
Found the article from June 2021:
https://www.ndsmcobserver.com/article/2022/01/university-endowment-returns-net-53-2-reaching-20-3-billion-in-june-2021
20.3 billion in June of 2021
Yep and now ‘$16b. That’s a 4 billion dollar loss. Huge for only a 16b endowment
And still holds it's place as a highly ranked university in terms of endowment AND academics AND athletics. I know you are grasping for anything that you can find to bash this wonderful Catholic institution! You are probably one of those who predicted it would fall out of T20 in USNWR this year, which it did not LOL.
I highly doubt that ND lost 4 billion in their endowment. I also highly doubt that ND ever had an endowment over 29 billion. It appears that hyperbole and ND are correlated.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Notre Dane must have lost a substantial amount of their endowment. I seem to recall they were close to 20 billion a while ago.
Virtually every school lost money a year ago. You have selective memory.
But Notre Dame lost over 4 billion dollars, a 7.44% loss. That was eclipsed only by MIT. So not selective memory (and I’m a different pp just tired of all of the ND boosters who cite to ridiculous things like endowment but then hide their head in the sand when anyone points out ND’s terrible diversity figures
In the article cited, which used NACUBO data, Notre Dame was only down .7%
https://www.insidehighered.com/news/business/financial-health/2024/02/15/college-endowment-returns-ticked-fiscal-year-2023
University of Notre Dame
$16,616,524
$16,729,299
-0.7%
Found the article from June 2021:
https://www.ndsmcobserver.com/article/2022/01/university-endowment-returns-net-53-2-reaching-20-3-billion-in-june-2021
20.3 billion in June of 2021
Yep and now ‘$16b. That’s a 4 billion dollar loss. Huge for only a 16b endowment
You’re ignoring the fact that the year before Notre Dame had one of the HIGHEST gains of any major universities at 54 PERCENT, which is why the 7 percent loss a year later was a blip on the radar screen. Even with the loss it still remains 7th among all private universities. It’s also 7th among private universities in endowment per student, behind only Princeton, Yale, Stanford, MIT, Harvard and Cal Tech - and it doesn’t even have a medical school.
What those numbers mean is that Notre Dame is placing big bets on certain types of investments. That’s probably OK and might maximize results in the long run, but the trustees need to talk to tough-minded analysts and make sure they understand the risks they’re taking.
The schools with the most stable results need to talk to their analysts to make sure they’re taking enough risk and gettya reasonable return on their assets.
You’re talking out your ass and know nothing.
Google “Scott Malpass.” He’s the recently retired Chief Investment Officer for Notre Dame. He was universally recognized as a titan of managers of university endowments and was extremely well regarded and respected. Notre Dame is the envy of virtually all university endowments.
Anonymous wrote:Why is Notre Dame so rich?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Notre Dane must have lost a substantial amount of their endowment. I seem to recall they were close to 20 billion a while ago.
Virtually every school lost money a year ago. You have selective memory.
But Notre Dame lost over 4 billion dollars, a 7.44% loss. That was eclipsed only by MIT. So not selective memory (and I’m a different pp just tired of all of the ND boosters who cite to ridiculous things like endowment but then hide their head in the sand when anyone points out ND’s terrible diversity figures
In the article cited, which used NACUBO data, Notre Dame was only down .7%
https://www.insidehighered.com/news/business/financial-health/2024/02/15/college-endowment-returns-ticked-fiscal-year-2023
University of Notre Dame
$16,616,524
$16,729,299
-0.7%
Found the article from June 2021:
https://www.ndsmcobserver.com/article/2022/01/university-endowment-returns-net-53-2-reaching-20-3-billion-in-june-2021
20.3 billion in June of 2021
Yep and now ‘$16b. That’s a 4 billion dollar loss. Huge for only a 16b endowment
You’re ignoring the fact that the year before Notre Dame had one of the HIGHEST gains of any major universities at 54 PERCENT, which is why the 7 percent loss a year later was a blip on the radar screen. Even with the loss it still remains 7th among all private universities. It’s also 7th among private universities in endowment per student, behind only Princeton, Yale, Stanford, MIT, Harvard and Cal Tech - and it doesn’t even have a medical school.
What those numbers mean is that Notre Dame is placing big bets on certain types of investments. That’s probably OK and might maximize results in the long run, but the trustees need to talk to tough-minded analysts and make sure they understand the risks they’re taking.
The schools with the most stable results need to talk to their analysts to make sure they’re taking enough risk and gettya reasonable return on their assets.
Anonymous wrote:Anonymous wrote:why do you keep posting stuff like this, OP? Why? So what? What are we supposed to say? Do you have a thought? Or are you just wasting our time?
x100000
Anonymous wrote:Why is Notre Dame so rich?