Does endowment of a university depend on its location?

[lesdiablesbleus]

<p>

@bluedog

Not that it’s that significant of a difference. By the way, Duke’s endowment is NOT $6.0 billion in 2011 either. That is the figure for Duke’s long-term pool of investments. It’s not the same thing. It includes the endowment, plus pension funds, funding for certain campus organizations like the student newspaper, medical center reserves, etc. It would be nice if they had made that split for us, but they didn’t. Duke’s endowment at the beginning of 2011 is still shy of $6.0 billion, but hasn’t been released.

Yeah, I noticed that in the Chronicle but do all universities report their endowments separate from their long term pool of investments? Is Harvard’s endowment $27.6 billion or is that is that the valuation of its entire pool of investments? If we’re going to compare apples to apples, that’s important information to know.</p>

<p>

@bclintonk

Because it’s intellectually dishonest and you know it. You’ve got to compare apples to apples. Honestly, blue devil, you do more to discredit your own university than anyone I’ve ever come across on CC. Do you hate Duke?

Instead of belittling yourself by arguing with a 21 year old like me, why don’t you instead post updated endowment data for other universities? I would be shocked if Duke was the only school that has up-to-date February 2011 endowment figures in the country.</p>

<p>There’s no point in even talking about endowment figures and using them as a criterion to compare universities if the data isn’t completely up to date. Who cares if Notre Dame had a higher endowment than Duke or Michigan had a higher endowment than UT Austin 6 months ago if that’s no longer the case?</p>

<p>This isn’t a discussion having without the most current information.</p>

[MisterK]

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@lesdiablesbleus

Your information is now outdated Alex.</p>

<p>Here are the new endowment figures (as of the end of 2010 FY):

</p>

<p>LOL, you posted essentially the same list with trivial changes … nobody cares how a plus-or-minus 4% change in an endowment moved some university a notch up or down. List A = List B for all practical purposes.</p>

[bluedog]

<p>

@lesdiablesbleus

Yeah, I noticed that in the Chronicle but do all universities report their endowments separate from their long term pool of investments? Is Harvard’s endowment $27.6 billion or is that is that the valuation of its entire pool of investments? If we’re going to compare apples to apples, that’s important information to know.

</p>

<p>That’s a good question and I don’t know for sure. I’d imagine that the endowment as defined by NACUBO has a clear and consistent definition that is different from the long term pool of investments. However, certain universities aren’t as transparent in their filings as others, so I wouldn’t find it hard to believe that a few universities are calculating their endowment figures slightly differently. I don’t think the accounting is being validated by Ernst & Young or anyone for that matter. Public universities have to be a bit more transparent if they rely on tax dollars, however.</p>

[Alexandre]

<p>“I’ll be inclined to stick with the guy who provided the $7.2 billion figure on the Wikipedia article. I feel like someone would have edited it if it had been as far off as you claim it is.”</p>

<p>Only if you read the Wikipedia section, you will see that the $7.2 billion figure is based on 2008, pre market crash figures.</p>

[Alexandre]

<p>Bluedog and Warberlsrule, the Ann Arbor campus owns over 99% of the University of Michigan endowment. In 2008, when the endowment stood at $7.6 billion, the Dearborn and Flint campuses combined had an endowment of roughly $60 million.</p>