Serious question: can Ensign Peak invest the money? Or does it have to stay at

Sign up, and CougarBoard will remember which categories you want to view. Sign up

Report problem with this ad

May 30, 2023
7:10:28pm

macdizzle All-American

Serious question: can Ensign Peak invest the money? Or does it have to stay at

BYU? In other words, does money made via sports at a school have to stay within the school in some way OR is it allowable for the entity that owns the school, in this case the Church or it’s investment for-profit arms (which are robust arms), to use the money?

I legit don’t know

This message has been modified

Originally posted on May 30, 2023 at 7:10:28pm

Message modified by macdizzle on May 30, 2023 at 7:13:45pm

Report problem with this ad

macdizzle

Previous username: mckaya
Bio page: macdizzle
Joined: Aug 31, 2010
Last login: Apr 28, 2024
Total posts: 16,229 (117 FO)

Report problem with this ad

Messages

Author

Time

Dodd: “Total revenue distribution…they think it’s going to be close to $50 M”

5/30/23 7:04pm

BYU with no debts……

JohnnyC

5/30/23 7:06pm

If only

TNT

5/30/23 7:08pm

RE: BYU with no debts……

Soupie

5/30/23 7:09pm

Ewwwwwwww.........graphic warning please

TNT

5/30/23 7:10pm

Totally NSFW, er NSFCB

Y05

5/30/23 8:41pm

I don’t recognize anything about this

Dr MoBYU

5/31/23 7:46am

RE: I don’t recognize anything about this

Soupie

5/31/23 8:58am

Maybe from that old TV show about singing in high school?

Dr MoBYU

5/31/23 9:14am

Utah law school

panacablue

5/30/23 7:29pm

RE: BYU with no debts……

5/30/23 8:10pm

Serious question: can Ensign Peak invest the money? Or does it have to stay at

macdizzle

5/30/23 7:10pm

Little known secret

StalwartBraveTrue

5/30/23 7:24pm

Who invests the $2B endowment?

Nat Gas Man

5/30/23 7:48pm

Ensign Peak doesn’t invest all the $ they control, they hire 3rd party managers

LargeTalons

5/30/23 8:12pm

Excellent question. Should be easy enough to start a new fund.

StalwartBraveTrue

5/30/23 8:42pm

This is why we should limit giving to cougar club and start giving to NIL.

jvquarterback

5/30/23 7:18pm

And with NIL you can ensure the money stays with football. No more funding

Backcountry

5/30/23 8:50pm

RE: And with NIL you can ensure the money stays with football. No more funding

Kunsi

5/31/23 8:52am

For NIL you can be very specific with your designation. Not so much in CC

Backcountry

5/31/23 11:02am

Does anyone know if all the funds generated by Athletics stay with the

BYU71

5/30/23 7:21pm

It stays in the AD

mudpupper

5/30/23 7:22pm

Is that per the media contract? Law? Some regulation?

macdizzle

5/30/23 7:23pm

Thrr red school doesn’t directly fund the AD so they get to keep their revenue

mudpupper

5/30/23 7:54pm

But will it supplement or supplant current funding? That's the real question.

Y05

5/30/23 8:45pm

It’s been a long time since I worked at BYU but all “profit” centers I. The

Nat Gas Man

5/30/23 7:51pm

Ballroom dance gets new $10 million practice facility.

GilbertAZCougar

5/30/23 7:54pm

RE: Ballroom dance gets new $10 million practice facility.

sah22

5/30/23 8:00pm

From a missionary standpoint they probably deserve it.

StalwartBraveTrue

5/30/23 8:44pm

Back in the day, they got behind the "wall" and did great PR in USSR.

Y05

5/30/23 9:16pm

In addition to the spray tan endowment

Blue Cat

5/31/23 12:08am

👀👍

Cougarpride

5/30/23 9:21pm

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad