Lamar's combined endowment is up to $101,049,000 per 2014 NACUBO Report

[LUSportsFan]

The most recent NACUBO Endowment study was released on January 29, 2015. Lamar's endowment market value increased from $90,966,000 to $101,049,000.

 

When reviewing the reports, remember that Lamar has two endowments; one titled "Lamar University" and the other titled "Lamar University Foundation, Inc.".

 

Below is the breakdown of the two endowments.

 

[TABLE=width: 500]

[TR]

[TD]Endowment[/TD]

[TD]Report Line No.[/TD]

[TD]2014 Reporting Year ($)[/TD]

[TD]2013 Reporting Year ($)[/TD]

[TD]Percentage Change[/TD]

[/TR]

[TR]

[TD]Lamar University[/TD]

[TD]694[/TD]

[TD]33,259,000[/TD]

[TD]31,300,000[/TD]

[TD]6.3[/TD]

[/TR]

[TR]

[TD]Lamar University Foundation, Inc.[/TD]

[TD]555[/TD]

[TD]67,790,000[/TD]

[TD]59,666,000[/TD]

[TD]13.6[/TD]

[/TR]

[TR]

[TD]Combined Total[/TD]

[TD][/TD]

[TD]101,049,000[/TD]

[TD]90,966,000[/TD]

[TD]11.08[/TD]

[/TR]

[/TABLE]

 

Link to NACUBO report: http://www.nacubo.org/Documents/EndowmentFiles/2014_Endowment_Market_Values_Revised.pdf

Link to main NACUBO endowment study site: http://www.nacubo.org/Research/NACUBO-Commonfund_Study_of_Endowments/Public_NCSE_Tables.html

 

 

As a side note, I don't know why the Lamar endowments are reported separately. Several university's endowments are reported as one number which is a lot less confusing to the casual viewer. While I like the granularity of reporting the two separately, I think it leads to unintentional errors in reporting by some of the services. For example, USNRW shows Lamar's endowment at $27,556,171 which is close to the Lamar University endowment but is not even close to the actual number.

 

Here are some universities with multiple endowment funds reported as a combined amount. (The granularity is found in another NACUBO report.)

 

Texas A&M University - (A&M used to report separately and USNWR missed the real number by many billions of $'s before A&M started combining.)

University of Minnesota

University of Illinois

Indiana University

Appalachian State University

Indiana University of Pennsylvania