09-27-2015, 01:21 PM
(This post was last modified: 09-27-2015, 01:34 PM by threepointer.)
Here's some rough math.
The $270 million figure was from a Bloomberg article from 2002. The Athletic Endowment is part of the Merged Endowment Pool (MEP) which is managed by the Stanford Management Company. In 2002, Stanford's endowment was $7.6 billion. Last week Stanford announced that the MEP was $22.2 billion.Â
Over the period from 2002 to 2015 Stanford raised approximately $9 billion. So $5.6 billion was return on investment (some on the original 2002 balance of $7.6 billion, some on the $9 billion raise). Some of those funds raised included funds raised for the Athletic Endowment which was part of the $6.2 billion Stanford Campaign from 2006-2012.Â
Which is a long way of saying that the Athletic Endowment is probably somewhere in the range of $400-$450 million at this point.
The Athletic Department also has a separate special situation fund (the DAPER Investment Fund) that is managed separately by a group of VCs and professional investors. It invests in venture capital, private equity, and other higher risk/higher return investments. It is used to fund annual and one time capital projects. 5 or 6 years ago, the DAPER fund was somewhere in the neighborhood of $40 million.
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The $270 million figure was from a Bloomberg article from 2002. The Athletic Endowment is part of the Merged Endowment Pool (MEP) which is managed by the Stanford Management Company. In 2002, Stanford's endowment was $7.6 billion. Last week Stanford announced that the MEP was $22.2 billion.Â
Over the period from 2002 to 2015 Stanford raised approximately $9 billion. So $5.6 billion was return on investment (some on the original 2002 balance of $7.6 billion, some on the $9 billion raise). Some of those funds raised included funds raised for the Athletic Endowment which was part of the $6.2 billion Stanford Campaign from 2006-2012.Â
Which is a long way of saying that the Athletic Endowment is probably somewhere in the range of $400-$450 million at this point.
The Athletic Department also has a separate special situation fund (the DAPER Investment Fund) that is managed separately by a group of VCs and professional investors. It invests in venture capital, private equity, and other higher risk/higher return investments. It is used to fund annual and one time capital projects. 5 or 6 years ago, the DAPER fund was somewhere in the neighborhood of $40 million.
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