PDA

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



LUSportsFan
02-27-2015, 12:28 PM
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.


<tbody>
Endowment
Report Line No.
2014 Reporting Year ($)
2013 Reporting Year ($)
Percentage Change


Lamar University
694
33,259,000
31,300,000
6.3


Lamar University Foundation, Inc.
555
67,790,000
59,666,000
13.6


Combined Total

101,049,000
90,966,000
11.08

</tbody>

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