Updated Endowments - NACUBO Listing

[LUSportsFan]

The 2012 vs 2013 listing was released today. (Saw post on the SBC board.)

 

Here's a link to the pdf file. http://www.nacubo.org/Documents/Endowment%20Files/2013NCSEEndowmentMarketValuesRevisedJan232014.pdf

 

Our endowment increased

2013 2012 Increase % Increase

Lamar University 31,300 28,364 2,936

Lamar University Foundation 59,666 48,571 11,095

90,966 76,935 14,031 18.24%

[LUSportsFan]

I noticed that US News & World Reports shows our endowment as a little over $24 million and has for several years. I wonder if something could be done to get them to reflect the correct amount.

 

I suspect the service they use is only picking up the Lamar University endowment...leaving out the larger Lamar University Foundation endowment. I noticed something similar several years ago with my other university, Texas A&M. Their endowment amount was understated by around $4 billion then. It is correct now. I noticed A&M's is now reported as combined university and foundation; at least on the NACUBO report..wonder if LU could let the service USN&WR uses know of our two endowment funds. It is easy to miss if one is not looking for it.

 

USN&WR claims endowment doesn't impact ratings. I suspect it has an indirect impact though. There are factors around alumni and friends support of the university in the rating. A year-to-year growth in the reported endowment would be one indicator of that support.

 

At least having correct amounts in the report would increase its credibility.

 

Sent from my Android device using Tapatalk 2

 

[cardambassador]

Nice NACUBO article. they don't always release the full standings each year. I'm trying to update the wiki to reflect the new number.