so I was thinking about the AD's desire to raise $380m for the endowment.
in the last AD "annual report" (2018-19) I could find
https://www.daperdevelopment.com/1dc1c09...evelopment
they showed an endowment payout of $34.7m which implies an endowment of ~$700m, so if they are trying to add $380m that's a large increase. If successful that would increase the endowment payout to ~$50m/year
The same report also shows ~6,400 donors to the AD that year, I would assume these are the primary target for the $380m.
Of those 6,400 most are probably like me, relatively small donors, I'd guess the really big donors are no more that 1% of this group and that they would supply almost all of the $380m. If they all (1% or 64 people) covered the $380m that would be ~$6m/donor. Are there 64 people willing to make that kind of donation to the AD endowment? Sure a few people could step up with $50m donations but if they don't find a few whales to step up at that level I think the $380m may be challenging to reach.
Yes Stanford has had successful $1b+ fund raising efforts in the past, but those had a much larger donor base to tap draw from and had a sexier sales pitch than "we need to cover out shortfall", yes they will spin it up as "we need to step up to be funding our sports at the level required to be competitive", but will that sell? It will be interesting to see if the AD is successful.
It will also be interesting to see to what happens to annual donations.
In the linked report above those B/C donations were $10m (so the equivalent of the payout of an additional $200m endowment (at 5% payout)), 39% of that $10m was for "priority seat contributions".
It will be interesting how much the $10m annual donation level changes as a result of the cutting of the 11 sports, I know I plan to give less but I'm a small donor so they won't miss my few hundred dollars a year less...but I did tell the B/C person who emailed me thanking me for my last donation of my plans and why, she thanked me for the input...
ADD
So I went looking for B/C annual donations to the AD, here's what I found, note that some years they have some other buckets for donations beyond B/C
2018-19 $10m (link above)
2017-18 ??
2016-17 ??
2015-16 $10m https://stanford_ftp.sidearmsports.com/c...report.pdf
2014-15 $12m https://stanford_ftp.sidearmsports.com/c...report.pdf
2013-14 $12m https://stanford_ftp.sidearmsports.com/c...report.pdf
2012-13 $10m https://stanford_ftp.sidearmsports.com/c...report.pdf
2011-12 $9m https://stanford_ftp.sidearmsports.com/c...report.pdf
looking at this info it looks like priority seat donations did not really increase overall B/C giving (of course maybe it would have decreased without the priority seat donations)
total AD rev went from $91m in 2011-12 to $121m in 2018-19, a CAGR of 4%
in the last AD "annual report" (2018-19) I could find
https://www.daperdevelopment.com/1dc1c09...evelopment
they showed an endowment payout of $34.7m which implies an endowment of ~$700m, so if they are trying to add $380m that's a large increase. If successful that would increase the endowment payout to ~$50m/year
The same report also shows ~6,400 donors to the AD that year, I would assume these are the primary target for the $380m.
Of those 6,400 most are probably like me, relatively small donors, I'd guess the really big donors are no more that 1% of this group and that they would supply almost all of the $380m. If they all (1% or 64 people) covered the $380m that would be ~$6m/donor. Are there 64 people willing to make that kind of donation to the AD endowment? Sure a few people could step up with $50m donations but if they don't find a few whales to step up at that level I think the $380m may be challenging to reach.
Yes Stanford has had successful $1b+ fund raising efforts in the past, but those had a much larger donor base to tap draw from and had a sexier sales pitch than "we need to cover out shortfall", yes they will spin it up as "we need to step up to be funding our sports at the level required to be competitive", but will that sell? It will be interesting to see if the AD is successful.
It will also be interesting to see to what happens to annual donations.
In the linked report above those B/C donations were $10m (so the equivalent of the payout of an additional $200m endowment (at 5% payout)), 39% of that $10m was for "priority seat contributions".
It will be interesting how much the $10m annual donation level changes as a result of the cutting of the 11 sports, I know I plan to give less but I'm a small donor so they won't miss my few hundred dollars a year less...but I did tell the B/C person who emailed me thanking me for my last donation of my plans and why, she thanked me for the input...
ADD
So I went looking for B/C annual donations to the AD, here's what I found, note that some years they have some other buckets for donations beyond B/C
2018-19 $10m (link above)
2017-18 ??
2016-17 ??
2015-16 $10m https://stanford_ftp.sidearmsports.com/c...report.pdf
2014-15 $12m https://stanford_ftp.sidearmsports.com/c...report.pdf
2013-14 $12m https://stanford_ftp.sidearmsports.com/c...report.pdf
2012-13 $10m https://stanford_ftp.sidearmsports.com/c...report.pdf
2011-12 $9m https://stanford_ftp.sidearmsports.com/c...report.pdf
looking at this info it looks like priority seat donations did not really increase overall B/C giving (of course maybe it would have decreased without the priority seat donations)
total AD rev went from $91m in 2011-12 to $121m in 2018-19, a CAGR of 4%
Eric
"the older we get the better we were"