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Damn, SU announced today that it had raised
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[QUOTE="MaxwellCuse, post: 354725, member: 1240"] We are talking apples and oranges (so to speak) here. The endowment was indeed valued at close to $1 billion in 2008. Much of the funds included in the endowment were monies raised and reinvested prior to 2005. The $1 billion referenced in the article was raised in a 7-year capital campaign between 2005 and today. Some of what was raised will end up in the endowment. Other gifts will be placed in restricted funds. I can't tell how much, if any, has been deposited in unrestricted funds where it might be used to help underwrite Athletics Department projects (although I would think there are posters here who can help fill in the blanks). Anyway, congratulations to SU for hitting the billion dollar mark. And congratulations on reversing the downward trend on the US News college rankings (I believe we were tied for #58 on the national university list). [/QUOTE]
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Damn, SU announced today that it had raised
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