marquee moon
Banhammer'd
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- Mar 10, 2011
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deacdiggler is well endowed
I thought in the mid 00s, the administration championed the fiscal management of the endowment in the market.
last part is interesting. does anyone know comparable numbers for other schools (vandy would be a good one to look at)?
Have there been any policy / personnel changes to rectify the management issues?
Here comes that dude who always complains about Casstevens.
Is Casstevens involved? If he were, I'd have to think our endowment would be 3-4 x bigger on paper.
Endowments in billions
Wake
2006- .907
2014- 1.148
Comparisons
Vandy
2006-2.628
2014-4.086
Duke
2006-3.826
2014-7.037
Emory
2006-4.376
2014-6.681
So pretty much lower overall endowment to begin with, now what about management, well that is pretty shitty if you also look at what schools that had a similar level in 2006 have done.
GT
2006-.937
2014- 1.889
MSU
2006-.906
2014-2.145
Have there been any policy / personnel changes to rectify the management issues?
Endowments in billions
Wake
2006- .907
2014- 1.148
Comparisons
Vandy
2006-2.628
2014-4.086
Duke
2006-3.826
2014-7.037
Emory
2006-4.376
2014-6.681
So pretty much lower overall endowment to begin with, now what about management, well that is pretty shitty if you also look at what schools that had a similar level in 2006 have done.
GT
2006-.937
2014- 1.889
MSU
2006-.906
2014-2.145
Did GT or MSU have capital campaigns in that time frame (just curious - could also be really impressive returns)? One (of a number) of the reasons Wake lags behind out "peer" schools is that we have only had 3 capital campaigns in our history (and a lot of the projects in the first part of the Wake Will campaign went to capital improvements, not the endowment) - I believe the first one was in the 80s. Duke, Vandy and Emory (in addition to bigger long term major benefactors - the Reynolds are great, but Coke $ wins) have had more campaigns over longer time periods.
This won't be popular, but I find it hard to muster sympathy for tenure-track faculty. Once they pass the tenure bar, their pay is more than respectable and their responsibilities really aren't that taxing. I had some wonderful, life-changing profs at MSD, but I had plenty of duds, too, some of whom were just coasting. Obviously, few if any Wake profs are getting rich, but for those of us in the private sector who live every day with the threat of job loss due to downturns or poor performance, the lifestyle of a college teacher seems pretty damned enviable. I am open to suggestions for why I should view the situation differently.
Did GT or MSU have capital campaigns in that time frame (just curious - could also be really impressive returns)? One (of a number) of the reasons Wake lags behind out "peer" schools is that we have only had 3 capital campaigns in our history (and a lot of the projects in the first part of the Wake Will campaign went to capital improvements, not the endowment) - I believe the first one was in the 80s. Duke, Vandy and Emory (in addition to bigger long term major benefactors - the Reynolds are great, but Coke $ wins) have had more campaigns over longer time periods.