4 ms·

Oregon State University has a $1.651 billion endowment according to Wikipedia… https://en.m.wikipedia.org/wiki/List_of_colleges_and_universities_in_the_United_

by _mlbt 1y ago

Oregon State University has a $1.651 billion endowment according to Wikipedia… https://en.m.wikipedia.org/wiki/List_of_colleges_and_universities_in_the_United_States_by_endowment https://en.m.wikipedia.org/wiki/List_of_colleges_and_univers... Would that be an option to save it if corporate sponsorship doesn’t work out?

jldugger 1y ago
Most gifts that fund university endowments are earmarked by the donor for specific purposes. And for the money not earmarked, you're competing against all the other priorities, including making up for various unplanned shortfalls of Federal funding.
timewizard 1y ago
The Foundation itself has nearly $1b in assets. The problem with these foundations is they're often streched across the entire university. Which means the foundation behind OSL is also the foundation behind intercollegiate athletics and tons of other completely unrelated programs. https://projects.propublica.org/nonprofits/organizations/936022772/202540569349301224/full https://projects.propublica.org/nonprofits/organizations/936...
Vortigaunt 1y ago
I ctrl-f'd Oregon State and didn't find it in the link you provided. I think you found UofO's endowment: University of Oregon - $1.651 Wikipedia states that OSU's endowment is $829.9 million (2023).[0] [0] https://en.wikipedia.org/wiki/Oregon_State_University https://en.wikipedia.org/wiki/Oregon_State_University
- _mlbt 1y ago
  You’re right, I mixed them up! Thanks for correcting me on that.
dvrj101 1y ago
people have started using the word "endowment" against colleges like it's a term for slush fund.
- natebc 1y ago
  indeed they have. In reality they're like complicated heterogeneous investment funds with untold numbers of varying restrictions governing them. They're not just a pile of gold coins in the university presidents basement.
  - tetromino_ 1y ago
    Indeed. Everything is earmarked, occasionally even earmarked in a way that the university cannot use the at all (e.g. something like a donation "to pay for an earnest white Christian man to teach phrenology").

by _mlbt 1y ago

jldugger 1y ago

Most gifts that fund university endowments are earmarked by the donor for specific purposes. And for the money not earmarked, you're competing against all the other priorities, including making up for various unplanned shortfalls of Federal funding.

timewizard 1y ago

The Foundation itself has nearly $1b in assets. The problem with these foundations is they're often streched across the entire university. Which means the foundation behind OSL is also the foundation behind intercollegiate athletics and tons of other completely unrelated programs. https://projects.propublica.org/nonprofits/organizations/936022772/202540569349301224/full https://projects.propublica.org/nonprofits/organizations/936...

Vortigaunt 1y ago

I ctrl-f'd Oregon State and didn't find it in the link you provided. I think you found UofO's endowment: University of Oregon - $1.651 Wikipedia states that OSU's endowment is $829.9 million (2023).[0] [0] https://en.wikipedia.org/wiki/Oregon_State_University https://en.wikipedia.org/wiki/Oregon_State_University

_mlbt 1y ago
You’re right, I mixed them up! Thanks for correcting me on that.

dvrj101 1y ago

people have started using the word "endowment" against colleges like it's a term for slush fund.

natebc 1y ago
indeed they have. In reality they're like complicated heterogeneous investment funds with untold numbers of varying restrictions governing them. They're not just a pile of gold coins in the university presidents basement.
- tetromino_ 1y ago
  Indeed. Everything is earmarked, occasionally even earmarked in a way that the university cannot use the at all (e.g. something like a donation "to pay for an earnest white Christian man to teach phrenology").