xhaav
Sophomore
Posts: 27
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Post by xhaav on Feb 4, 2024 16:22:46 GMT -5
Xhaav —welcome to the board. Please know that your contributions on any subject will be welcomed! Thank you! I’m looking forward to it. |
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Post by longsuffering on Feb 4, 2024 17:34:50 GMT -5
Xhaav —welcome to the board. Please know that your contributions on any subject will be welcomed! Thank you! I’m looking forward to it. Xhaav, you arrive and the men's BB and hockey teams go on winning streaks.🙂 Welcome aboard. Endowment and campus design are great areas of interest. |
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xhaav
Sophomore
Posts: 27
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Post by xhaav on Feb 4, 2024 19:39:02 GMT -5
Thank you! I’m looking forward to it. Xhaav, you arrive and the men's BB and hockey teams go on winning streaks.🙂 Welcome aboard. Endowment and campus design are great areas of interest. Hah - trying my best!! Go Cross!! |
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Post by Pakachoag Phreek on Feb 4, 2024 19:53:40 GMT -5
The difficulty, at the moment, of gauging the dimensions of the next capital campaign is that the College has $300 million or more in future facilities projects queued up. new residence halls, renovation of existing academic buildings, rink, and playing fields on top of the hill.
Completing these projects increases the value of net assets, but does not affect the endowment's value.
Also, if they do a campaign spanning 2025-32, they are almost certainly planning a second campaign spanning 2039-43, to coincide with the 200th anniversary of the founding.
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Post by Crucis#1 on Feb 4, 2024 20:55:53 GMT -5
HC needs to greatly increase its endowment. I don't have a number but I honestly believe lean days are ahead. Endowment provides the cushion to support students faculty & various campus initiatives. Need a New Money Campaign (as well as a building campaign). Major donors contributing outlandish sums would spark a giving binge by the rest. Tangential point. Outdated, unattractive Easy Street Dorms need to be replaced by more modern, attractive, more comfortable apartment style housing, Dorm style cells are no longer acceptable. Possibly, these new buildings could be in a semi-circle with a connecting plaza. The HC community can do it. I could have written this post myself! Completely agree on all points. Hi all - new here. Glad to be in! Savvy and competitive stewardship of dear alma mater is a bit of an obsession for me, for whatever reason, and the endowment is on my short list of things I keep an eye on. Good to hear the $2B target, but to be honest I wonder if it’s enough. HC needs a game-changing campaign, not a keeping pace campaign. Great that $2B would support a dramatically higher endowment per student - but imagine where Williams will be in 10 years. Colby has been referenced as a good example of a school that has effectively shifted its competitive position over the past several years. Part of the reason why is a game-changing capital campaign. “Dare Northward” set a $750MM goal in 2017; that has been surpassed and the new goal is $1B. This is pure incremental revenue, never mind the incremental compounded interest. And this has been central to Colby leapfrogging ahead. PS Colby is 2/3 the size of HC. We need something on that level. Also obsessed with campus (Easy St/Hogan/Loyola) overhaul (where is the master plan???) and marketing/communications. But more about those in the right threads. How did those who viewed the recent webinar hear about it? Was it a PC event? Would love to have seen it, and those in the future. I would suggest that you contact Sean Scanlon, VP for Advancement. The webinar was recorded, and will most likely by available on request. magazine.holycross.edu/stories/college-names-sean-scanlon-vp-advancement/ |
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xhaav
Sophomore
Posts: 27
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Post by xhaav on Feb 4, 2024 23:58:16 GMT -5
Thank you, Crucis - will do. I’m not in PC this year, but was last. I could also reach out to the contacts I had through my reunion year fundraising. If I get a link, I’ll let you all know.
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Post by Pakachoag Phreek on Feb 5, 2024 17:34:50 GMT -5
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Post by matunuck on Feb 5, 2024 20:46:39 GMT -5
Thank you, PP.
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xhaav
Sophomore
Posts: 27
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Post by xhaav on Feb 10, 2024 3:42:12 GMT -5
Yes - thank you!!
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Post by princetoncrusader on Feb 15, 2024 15:39:01 GMT -5
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Post by purplehaze on Feb 29, 2024 11:31:37 GMT -5
Found this list of the Big East school's latest endowment figures
($ numbers are in 000's and number is the national ranking)
44. Georgetown: $ 3,298,969
122. Villanova $1,219,776
155. Marquette $916,804
156. DePaul $907,896
173. St. John's $782,014
178. Creighton $745,399
212. UConn $577,275
282. Seton Hall $320,392
323. Butler $267,263
329. Xavier $243,821
Providence is not listed but reported an endowment of $321 million as of September 2023.
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Post by KY Crusader 75 on Feb 29, 2024 12:44:50 GMT -5
In composite-not very impressive
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Post by newfieguy74 on Feb 29, 2024 13:46:04 GMT -5
There are, however, a number of non-Ivies with impressive endowments (e.g. Rice at 7.8 B and Pomona at 2.8 B). This is the company we want to keep--colleges with the highest endowments per student.
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Post by KY Crusader 75 on Feb 29, 2024 13:59:38 GMT -5
There are, however, a number of non-Ivies with impressive endowments (e.g. Rice at 7.8 B and Pomona at 2.8 B). This is the company we want to keep--colleges with the highest endowments per student. One site has HC ranked #82 In endowment per student |
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Post by Pakachoag Phreek on Feb 29, 2024 14:41:56 GMT -5
There are, however, a number of non-Ivies with impressive endowments (e.g. Rice at 7.8 B and Pomona at 2.8 B). This is the company we want to keep--colleges with the highest endowments per student. One site has HC ranked #82 In endowment per student The NY Times some months ago was calculating economic equity, and used endowment $ per undergraduate. Which is wrong. |
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xhaav
Sophomore
Posts: 27
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Post by xhaav on Feb 29, 2024 19:38:49 GMT -5
One site has HC ranked #82 In endowment per student The NY Times some months ago was calculating economic equity, and used endowment $ per undergraduate. Which is wrong. Why? I'm not following... |
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Post by Pakachoag Phreek on Feb 29, 2024 20:39:25 GMT -5
The NY Times some months ago was calculating economic equity, and used endowment $ per undergraduate. Which is wrong. Why? I'm not following... Endowment per student is measured against total student enrollment. An endowment is for the entirety of a university, including graduate schools and professional schools. Georgetown, for example, has about 20,000 students total, of whom 7,000 are undergraduates. In the case of HC and most other LACs, endowment per student = endowment per undergraduate student because there are no graduate students. University of Richmond, for example, would be an exception, as it has a law school. Washington & Lee also has a law school. |
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xhaav
Sophomore
Posts: 27
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Post by xhaav on Feb 29, 2024 21:53:36 GMT -5
Ah yes - gotcha. Thanks for reply!
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