02-26-2025, 05:38 PM
(02-26-2025, 04:40 PM)StanUSwagU Wrote: (3). if this is the case, doesn't it seem like (temporarily) money could be taken from those other vast pools of money/assets (e.g the Endowment or the other vast areas of the Overall Operating Budget's Assets & Revenue Streams) ...to bolster and Support Stanford Athletics for all its sports for a finite short period of time of a few years ?
(4). Is this a question of 'there is absolutely no money at Stanford University to support the 36sports' or 'that decision makers & man-made rules are preventing temporarily taking money from some large unused Endowment/Asset pools to fund the Athletic Department and its support of its Sports, & Athletes .....until 'better funding eras emerge'
Spending from various parts of the endowments are legally restricted to whatever uses the donors have specified. The sum of Stanford's endowments is probably largely comprised of restricted use endowments, not general fund or operating expense endowments, though those do exist. You may not rob Peter to pay Paul and still be legal.
