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Mg234

Joined: 9/4/08 Posts: 87897
Likes: 38849


It is $9 billion but a lot of donations have stipulations on them.


Furthermore, there are agreements entered into that the Endowment would not be used on Athletics and legal documents with the state and others saying the same. There is probably an argument that interest could possibly be used, but then down the road the concern what if athletics is in a bad financial spot on their own doing, cant they just get another loan again?

Endowment money should not be used at all for athletics, yes it should be used for Access UVA and other things. It is for more than bragging.
[Post edited by Mg234 at 06/27/2020 3:05PM]

(In response to this post by T Room Cav)

Posted: 06/27/2020 at 3:03PM



+2

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Current Thread:
 
  
Interesting E-Mail from Carla last night -- UVaGuy 06/27/2020 10:00AM
  Of course it’s extremely ... -- T Room Cav 06/27/2020 2:30PM
  Once you take money from the endownment -- Zhoo 06/28/2020 7:09PM
  The million dollar question -- NURSEOVA 06/28/2020 2:16PM
  Nailed it ** -- Mg234 06/28/2020 2:30PM
  Inthink UConn is dropping some programs too ** -- NURSEOVA 06/28/2020 2:17PM
  Title 9? ** -- Charleston Cav 06/27/2020 12:06PM
  ACCN will have to sell a lot of pickup trucks ** -- bruhoo 06/27/2020 11:37AM
  Lol ** -- cwvhoo 06/27/2020 2:12PM
  Whoops ** -- hooman#1 06/27/2020 11:36AM
  I sure hope so.. ** -- Birddog 06/27/2020 10:51AM

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