is here
https://gostanford.com/documents/35853ce...da16d1.pdf
they changed the categories of revenue and expenses but the highlights
on the revenue side they show "University support" as 33% of revenue so I'm assuming that's 33% of $143.7m or ~$47m. In the 2022-23 report revenue was $136.9m and University support (in two buckets so maybe not the same as this year) was $22.6m.
It is unclear if the University or maybe the AD endowment covered the $21m excess of expenses over revenue last year.
https://gostanford.com/documents/ab2341a...f9f771.pdf
https://gostanford.com/documents/35853ce...da16d1.pdf
they changed the categories of revenue and expenses but the highlights
Quote:In FY24, the Department of Athletics, Physical Education, and Recreation (DAPER) had $143.7M in operating revenues and expenses related to Varsity Athletics. In addition, the department’s restricted, athletics scholarship endowments contributed $32.5M to cover the costs of Stanford student athletes’ tuition, room and board. As displayed in the exhibit above, 38 percent of Varsity Athletics-related revenues in FY24 came from philanthropic gifts. Consistent support from annual donors remains critical for our long-term success and growth, particularly as the costs our programs face to compete nationally at the highest level continue to rise.
on the revenue side they show "University support" as 33% of revenue so I'm assuming that's 33% of $143.7m or ~$47m. In the 2022-23 report revenue was $136.9m and University support (in two buckets so maybe not the same as this year) was $22.6m.
It is unclear if the University or maybe the AD endowment covered the $21m excess of expenses over revenue last year.
https://gostanford.com/documents/ab2341a...f9f771.pdf
Eric
"the older we get the better we were"