MikeInNorman
1/24/2006, 01:39 PM
The Chronicle of Higher Education has released its annual database on endowments for over 700 colleges and universities. The figures are self reported, through the professional organization of college financial officers. Here is the password protected link:
http://chronicle.com/premium/stats/endowments/endowment_results.php3?State_Type=All_states&Order=1&Year=2006&limit=-1
Big 12 falls like this: (figures in thousands)
4. UT System: 11,610,997
9. A&M System: 4,963,879
52. Nebraska: 1,042,290
57. Kansas: 954,943
64. Missouri: 848,612
73. Oklahoma: 777,514
77: Baylor: 750,237
106: Colorado:512,371
120: Tech: 461,903
123: Iowa State: 456,627
151: Boone State: 320,136
189: Kansas State: 251,310
There are several interesting things about this year's list:
1. OU moved up nine slots overall, and passed Baylor in the Big 12. OU's growth rate was the highest in the Big 12 by a wide margin, and was 12th highest among all universities with 100 million in assets or more. A great job, and one that needs to continue. I believe a reasonable goal for OU is a one billion dollar endowment.
2. Speaking of growth rate, it seems at first glance that Boone State, having leap-frogged KSU into 11th in the Big 12, would also have a tremendous growth rate. But no, Aggy's rate is better than only Nebraska, Missouri, and Colorado in the Big 12. Why the large jump, then? Well, crafty Aggy bookkeepers submitted a different starting figure for this year's calculation than the ending figure last year. A lot bigger starting figure, 116 million dollars higher, in fact. Which can mean only one of two things: either the figure reported in 2004 is wrong, or the figure reported in 2005 is wrong. Or that Aggy isn't too good at cipherin'.
Sadly for Aggy, none of Boone's money can be included in next year's report, as it appears to be going entirely to pay for the Rustoleum renovation and buying up people's homes so that Aggy can have an indoor practice facility and a softball stadium. No endowment money there.
3. I will not mention the ludicrous wealth of :texan: or his retarded cousin, since it is no :texan: Tuesday.
http://chronicle.com/premium/stats/endowments/endowment_results.php3?State_Type=All_states&Order=1&Year=2006&limit=-1
Big 12 falls like this: (figures in thousands)
4. UT System: 11,610,997
9. A&M System: 4,963,879
52. Nebraska: 1,042,290
57. Kansas: 954,943
64. Missouri: 848,612
73. Oklahoma: 777,514
77: Baylor: 750,237
106: Colorado:512,371
120: Tech: 461,903
123: Iowa State: 456,627
151: Boone State: 320,136
189: Kansas State: 251,310
There are several interesting things about this year's list:
1. OU moved up nine slots overall, and passed Baylor in the Big 12. OU's growth rate was the highest in the Big 12 by a wide margin, and was 12th highest among all universities with 100 million in assets or more. A great job, and one that needs to continue. I believe a reasonable goal for OU is a one billion dollar endowment.
2. Speaking of growth rate, it seems at first glance that Boone State, having leap-frogged KSU into 11th in the Big 12, would also have a tremendous growth rate. But no, Aggy's rate is better than only Nebraska, Missouri, and Colorado in the Big 12. Why the large jump, then? Well, crafty Aggy bookkeepers submitted a different starting figure for this year's calculation than the ending figure last year. A lot bigger starting figure, 116 million dollars higher, in fact. Which can mean only one of two things: either the figure reported in 2004 is wrong, or the figure reported in 2005 is wrong. Or that Aggy isn't too good at cipherin'.
Sadly for Aggy, none of Boone's money can be included in next year's report, as it appears to be going entirely to pay for the Rustoleum renovation and buying up people's homes so that Aggy can have an indoor practice facility and a softball stadium. No endowment money there.
3. I will not mention the ludicrous wealth of :texan: or his retarded cousin, since it is no :texan: Tuesday.