3 ms·
What is the point of having almost $5bn in endowments[0] if the school still has to chase after revenue like this, at the cost of its credibility and reputation
by rchaud 2y ago
What is the point of having almost $5bn in endowments[0] if the school still has to chase after revenue like this, at the cost of its credibility and reputation?
[0] https://investments.caltech.edu/ https://investments.caltech.edu/
- sifar 2y agoIf you discount their JPL lab operations, it seems their revenue/expenses are ~$1Bn [0]. The investments would be able to probably cover half of that. [0] https://finance.caltech.edu/documents/23713/FS_21_22.pdf https://finance.caltech.edu/documents/23713/FS_21_22.pdf