(10-27-2021, 05:05 PM)chrisk Wrote: Will some of the $500 million of incremental spending from the excess endowment returns this year
end up in the Athletic Department?
A piece of this could go toward permanent funding for the 11 sports that were temporarily cut.
https://news.stanford.edu/2021/10/26/sta...dowment-3/
I would be very surprised if they gave any of the $500m to the AD given this from the press release
Quote:“These results have created a tremendous opportunity to advance Stanford’s mission,” said Stanford President Marc Tessier-Lavigne. “To that end, I am pleased to announce that the Trustees have approved using $500M of endowment, on top of endowment payout. These funds will be used to support our core academic mission and to accelerate our education, research, affordability, inclusion and outreach activities under our Long-Range Vision.”
Eric
"the older we get the better we were"
