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Replies: 17
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CU Guru [1189]
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Found this interesting post on Reddit about university endowments
Jul 12, 2022, 3:14 PM
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I know only a few years ago, Clemson would’ve qualified as a small (mid-sized at best) school. This is a direct testament to the reach of Clemson University and its incredible growth over the past decade-plus. I’m sure this was discussed in the fall, but worth stating again.
If football is the front porch of a university, our porch has added a few rocking chairs.
Our endowment has grown from $330 mil in 2009 to surpassing $1 BILLION last year (found an article from Post & Courier Oct 2021 to back this up). Our endowment is even bigger the school in Columbia if you get what I’m sayin ??.
https://www.reddit.com/r/CFB/comments/vxdre7/every_power_5_school_ranked_by_university/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
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110%er [5711]
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Re: Found this interesting post on Reddit about university endowments
Jul 12, 2022, 3:21 PM
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Wow, I did not realize ours had grown that much. We are more competitive than I thought, but still a long way behind Texas, Duke, ND etc... Good information, thanks for sharing.
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CU Guru [1813]
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Re: Found this interesting post on Reddit about university endowments
Jul 12, 2022, 3:26 PM
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Good to know we’re well endowed compared to our distant cousins in cola
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110%er [8537]
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Re: Found this interesting post on Reddit about university endowments
Jul 12, 2022, 3:40 PM
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In large part, every Endowment grew in those years because the stock market was so good. Some people interested in a college see Clemson as a football school but we had over 40,000 applications and those are because of the quality education offered here.
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All-In [27374]
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Re: Found this interesting post on Reddit about university endowments
Jul 12, 2022, 3:59 PM
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Join Iptay. Make it even better!
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CU Guru [1189]
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I don’t discount the part application surges played
Jul 12, 2022, 4:03 PM
[ in reply to Re: Found this interesting post on Reddit about university endowments ] |
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but I also remember when we beat UGA at home to start 2013, with Gameday and all eyes on Clemson, SC leading up to the game, there were countless news stories on increased Google searches for Clemson and the number of applications going up exponentially, that football had a direct hand in the growth.
The same was said after the first Natty game, and certainly after the first Natty win. America is a sports-obsessed culture and having football in the spotlight drives exposure for the entire University.
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CU Guru [1157]
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Orange Blooded [2890]
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$1B at 5%
Jul 12, 2022, 3:58 PM
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This gives Clemson $50M to spend without touching the principal. What to do, what to do? Hmmm.... give all of our professors raises? Heck no! They're mostly anti-capitalist leftists, it would be an insult to them to give them more money when what they really want is equality for all. Build new buildings? I think we've got the new building area covered, so no. The answer is obvious- use the money to buy out our ACC GOR contract and control our destiny as we do what we do every night. Try. To. Take. Over. The. World.
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CU Guru [1189]
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^THIS***
Jul 12, 2022, 4:04 PM
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Letterman [294]
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Re: $1B at 5%
Jul 12, 2022, 4:07 PM
[ in reply to $1B at 5% ] |
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Separate pools of money. Maybe if you stepped foot on campus now and then you’d see how foolish the leftist socialist comment is.
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Orange Blooded [2890]
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Re: $1B at 5%
Jul 12, 2022, 4:24 PM
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I suspect, based on "stepping on campus" from time to time, Clemson professors who make the news and national trends that Clemson professors trend to the left compared to the state average. In any event, it's a joke.
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Letterman [294]
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Re: $1B at 5%
Jul 12, 2022, 10:20 PM
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Lots of news comes out of Clemson and lots of people working hard there. Sensationalist news sources like to pick the few odd balls and use them to paint the school as leftist to tear it down. I just hate to see good people be the butt of jokes is all.
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Orange Blooded [2890]
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Re: $1B at 5%
Jul 13, 2022, 4:22 PM
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I understand but, sadly, I also get the newsletter from what used to called the College of Architecture and it has been much more focused on Diversity, Equity and Inclusion than architecture and design for quite a while. EVERY project they highlight they discuss, not it's "firmness, commodity and delight" to quote Harold Coolidge but it's social impact. I know young graduates who have made it through without drinking the kool-aid but it takes quite a while to train them to become useful in an office because they have done very little in school that they can bring with them. I had a few minutes with Barker when he was dean, he didn't seem to care.
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CU Guru [1467]
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Re: Found this interesting post on Reddit about university endowments
Jul 12, 2022, 3:58 PM
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President Lennon was the main reason behind the early endowment growth. By 1994, he had increased the university’s endowment from 22 million when he came to 90 million.
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Orange Blooded [2345]
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Re: Found this interesting post on Reddit about university endowments
Jul 12, 2022, 4:03 PM
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This is for Tampatiger4, 3-2-1
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Orange Blooded [2030]
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Re: Found this interesting post on Reddit about university endowments
Jul 12, 2022, 4:22 PM
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In 2009 the DJIA was 8,400. Today it’s -31,000, down from a recent high of 35. That’s a four fold increase.
Our endowment has only kept up with the market.
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CU Medallion [52345]
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Re: Found this interesting post on Reddit about university endowments
Jul 12, 2022, 5:15 PM
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I read that it was a little over a billion several months ago. Hopefully, it keeps growing.
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All-TigerNet [10824]
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Re: Found this interesting post on Reddit about university endowments
Jul 12, 2022, 5:18 PM
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Yale and Harvard would be winning Nattys if they used just a bit of their endowments for football.
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