meaning thats how much total they are subsidizing BYU?

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May 24, 2024
11:17:56am

CrashMcLarson All-American

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CrashMcLarson

Bio page: CrashMcLarson
Joined: Aug 21, 2015
Last login: Jun 21, 2024
Total posts: 4,372 (3 FO)

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Messages

Author

Time

BYU's total endowment surpasses $3B on recent audit (to $3.08B, up from $2.78B)

BamaCoug

May 24, 10:51am

Thank you, NVDA!

gangbusters

May 24, 10:51am

Compound interest works it's magic

DJROSS

May 24, 10:52am

Do they use any of the interest from the endowment? Or does it just grow?

cougarfann888

May 24, 10:53am

The interest is kind of the point of an endowment.

Cougarclaw

May 24, 10:56am

The audit list $100M in "allocated for expenditure" which is likely...

BamaCoug

May 24, 11:36am

Someone should do the math but it should be getting close to being self-sustaining outside of tithing.

Baron

May 24, 10:53am

Totally depends on what the $3 billion is used for

nova_coug_fan

May 24, 11:36am

now I am more upset they wouldn't give my daughter a scholarship

Turd Ferguson

May 24, 11:00am

$6800 per year tuition - pretty sure everyone got a scholarship

Iman23

May 24, 11:02am

I hope they aren't giving any to seminary class presidents.

Turd Ferguson

May 24, 11:05am

She can probably still get some small ones. They throw out $1,000 per semester

SoBlueitHurts

May 24, 2:18pm

Interesting tidbit from the audit: Church contribution to revenue $813,507,000

Tare

May 24, 11:13am

meaning thats how much total they are subsidizing BYU?

CrashMcLarson

May 24, 11:17am

If so, that’s about $23,000 per student

Forest Green

May 24, 11:20am

Yes, up from $785M in 2022

Tare

May 24, 11:24am

Remember when Memphis fans said they were a good B12 fit because FedEx was

Gustav

May 24, 11:20am

My guess was a billion, so I was a bit high

nova_coug_fan

May 24, 11:31am

Administration expenses as 6.8% of total expenses

Gustav

May 24, 11:18am

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