Anonymous
Post 07/14/2021 09:51     Subject: Do you give $ to your alma mater?.... why or why not?
Yes, I give monthly. I went to a small school that is now struggling. They need every penny they can get.
Anonymous
Post 07/14/2021 09:48     Subject: Do you give $ to your alma mater?.... why or why not?
Anonymous wrote:Yes. Extremely modest amount and usually to my program of study. Graduated in 1993.

Smaller, state SLAC.

DH alma mater has an emergency fund for students in peril-I’ve given to this on DH behalf. If my school had such a fund that was earmarked for such emergencies, I’d be generous, but unfortunately this information isn’t easily available.


what a great program
Anonymous
Post 07/14/2021 09:40     Subject: Do you give $ to your alma mater?.... why or why not?
Yes. Extremely modest amount and usually to my program of study. Graduated in 1993.

Smaller, state SLAC.

DH alma mater has an emergency fund for students in peril-I’ve given to this on DH behalf. If my school had such a fund that was earmarked for such emergencies, I’d be generous, but unfortunately this information isn’t easily available.
Anonymous
Post 07/14/2021 08:15     Subject: Do you give $ to your alma mater?.... why or why not?
I give to my undergraduate school, the University of South Podunk. They helped me get on track for a somewhat successful career and do a lot with first generation college students. For my two famous graduate schools, no. Let some billionaire with a lower tax rate than me pay for them. And apparently,some do.
Anonymous
Post 07/14/2021 08:09     Subject: Do you give $ to your alma mater?.... why or why not?
Anonymous wrote:Nope - it has become a real estate holding company and I think it hasn’t lost its way
..

I also went to NYU
Anonymous
Post 07/14/2021 00:43     Subject: Re:Do you give $ to your alma mater?.... why or why not?
No- because we already paid them a ridiculous amount of tuition.
Anonymous
Post 07/13/2021 22:52     Subject: Do you give $ to your alma mater?.... why or why not?
No - it's meaningless to them and their big coffers. I give to my high school and my kids' elementary school where my donations are put to better use.
Anonymous
Post 07/13/2021 22:48     Subject: Re:Do you give $ to your alma mater?.... why or why not?
I went to Williams and husband went to Harvard. Will start donating at like $50/year soon for kids, but no illusions that will help our kids unless they are smart.
Anonymous
Post 07/13/2021 16:39     Subject: Do you give $ to your alma mater?.... why or why not?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:No. They got my tuition money.


You understand that even people paying full freight aren't paying the full cost of their education, right?

I can think of a lot of good reasons not to donate to one's alma mater, but "I paid tuition, so we're even" isn't one of them.


I know this is true for private HS but is this really valid at the college level? I understand that colleges have many streams of revenue (depending on the school) that would include interest from endowment, sports tickets, grants - but it seems clear to me that a large endowment school like Harvard that is varying tuition by ability to pay - a person paying full tuition could be paying even more than what their own education cost if it was averaged over all students.

This is not a complaint and not even meant as a negative statement....just curious if what you say applies to colleges - or even most colleges - in the same way it applies to HS.


For most colleges and universities, the athletic programs are a cost, not a revenue stream.
Anonymous
Post 07/13/2021 16:18     Subject: Do you give $ to your alma mater?.... why or why not?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Nope. My alma mater has a like nine billion dollar endowment, my extra money goes to actual charities that need the money.


Yes. My college has a $1.5 million endowment PER STUDENT. I give a token amount ($25 a year) just to signal that I support them in general. But if I gave another few hundred, or even few thousand, I can't see that it would make much of a difference.

I give to GiveDirectly, which gives money directly to extremely poor people. Every dollar makes a huge difference in their lives.
https://www.givedirectly.org/


Same. University of Texas. $32B endowment. 2nd largest in the country. And so much goes to football. I'm not giving. They're doing just fine without me. I donate monthly to planned parenthood, Raices, NARAL ProChoice, WAMU, and others. I'd rather my money go to these orgs. Love my alma mater but will put funds where I think it can be more effective.



If so much goes to football, why are they perennially mediocre? In th4 meantime, I doubt any of UT’s endowment goes into football.


See here: https://revealnews.org/podcast/institutions-of-higher-earning/ and here: https://www.texastribune.org/2017/08/21/ut-system-oil-money-gusher-its-administration-and-trickle-students/

The UT system gets $600 million a year from the endowment, and they spend $38 million on financial aid from that pot.




None of the money from the UT Permanent Fund goes to UT football or athletics. UT athletics generates actually turns a profit (almost entirely due to football) and gives some money back to the academic side. There is a separate endowment for athletics, but it is not related to this and comes from designated donor contributions.

Anonymous
Post 07/13/2021 12:07     Subject: Do you give $ to your alma mater?.... why or why not?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Nope. My alma mater has a like nine billion dollar endowment, my extra money goes to actual charities that need the money.


Yes. My college has a $1.5 million endowment PER STUDENT. I give a token amount ($25 a year) just to signal that I support them in general. But if I gave another few hundred, or even few thousand, I can't see that it would make much of a difference.

I give to GiveDirectly, which gives money directly to extremely poor people. Every dollar makes a huge difference in their lives.
https://www.givedirectly.org/


Same. University of Texas. $32B endowment. 2nd largest in the country. And so much goes to football. I'm not giving. They're doing just fine without me. I donate monthly to planned parenthood, Raices, NARAL ProChoice, WAMU, and others. I'd rather my money go to these orgs. Love my alma mater but will put funds where I think it can be more effective.



If so much goes to football, why are they perennially mediocre? In th4 meantime, I doubt any of UT’s endowment goes into football.


See here: https://revealnews.org/podcast/institutions-of-higher-earning/ and here: https://www.texastribune.org/2017/08/21/ut-system-oil-money-gusher-its-administration-and-trickle-students/

The UT system gets $600 million a year from the endowment, and they spend $38 million on financial aid from that pot.


Anonymous
Post 07/13/2021 10:36     Subject: Do you give $ to your alma mater?.... why or why not?
Anonymous wrote:
Anonymous wrote:No. They got my tuition money.


You understand that even people paying full freight aren't paying the full cost of their education, right?

I can think of a lot of good reasons not to donate to one's alma mater, but "I paid tuition, so we're even" isn't one of them.


I know this is true for private HS but is this really valid at the college level? I understand that colleges have many streams of revenue (depending on the school) that would include interest from endowment, sports tickets, grants - but it seems clear to me that a large endowment school like Harvard that is varying tuition by ability to pay - a person paying full tuition could be paying even more than what their own education cost if it was averaged over all students.

This is not a complaint and not even meant as a negative statement....just curious if what you say applies to colleges - or even most colleges - in the same way it applies to HS.
Anonymous
Post 07/13/2021 09:49     Subject: Do you give $ to your alma mater?.... why or why not?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Nope. My alma mater has a like nine billion dollar endowment, my extra money goes to actual charities that need the money.


Yes. My college has a $1.5 million endowment PER STUDENT. I give a token amount ($25 a year) just to signal that I support them in general. But if I gave another few hundred, or even few thousand, I can't see that it would make much of a difference.

I give to GiveDirectly, which gives money directly to extremely poor people. Every dollar makes a huge difference in their lives.
https://www.givedirectly.org/


Same. University of Texas. $32B endowment. 2nd largest in the country. And so much goes to football. I'm not giving. They're doing just fine without me. I donate monthly to planned parenthood, Raices, NARAL ProChoice, WAMU, and others. I'd rather my money go to these orgs. Love my alma mater but will put funds where I think it can be more effective.



If so much goes to football, why are they perennially mediocre? In th4 meantime, I doubt any of UT’s endowment goes into football.
Anonymous
Post 07/13/2021 08:56     Subject: Do you give $ to your alma mater?.... why or why not?
I give ~$500 a year. In-state school that gave scholarships for undergrad, and paid for grad school.
Anonymous
Post 07/13/2021 08:50     Subject: Do you give $ to your alma mater?.... why or why not?
Anonymous wrote:
Anonymous wrote:Nope. My alma mater has a like nine billion dollar endowment, my extra money goes to actual charities that need the money.


Yes. My college has a $1.5 million endowment PER STUDENT. I give a token amount ($25 a year) just to signal that I support them in general. But if I gave another few hundred, or even few thousand, I can't see that it would make much of a difference.

I give to GiveDirectly, which gives money directly to extremely poor people. Every dollar makes a huge difference in their lives.
https://www.givedirectly.org/


Same. University of Texas. $32B endowment. 2nd largest in the country. And so much goes to football. I'm not giving. They're doing just fine without me. I donate monthly to planned parenthood, Raices, NARAL ProChoice, WAMU, and others. I'd rather my money go to these orgs. Love my alma mater but will put funds where I think it can be more effective.