ncastleJC t1_j9ffwdh wrote on February 21, 2023 at 3:18 PM

Reply to comment by rhodyjourno in David Cicilline to resign from Congress to lead Rhode Island Foundation by rhodyjourno

1.3 billion. And to think universities have even more mind blowing endowments.

SweatyCockroach8212 t1_j9fie2b wrote on February 21, 2023 at 3:35 PM

Yep, Harvard's endowment is $53B.

thetook t1_j9g26um wrote on February 21, 2023 at 5:44 PM

$53.2B put some respect on that name. $200 million buys at least 1/4 of a new library wing or at least the 1 ply toilet paper for one bathroom stall for the school year!

Super quick check off articles and endowment office audit PDFs Brown:$6.5B (2022) RISD: $442M (2022) Providence: $320M (2022) JWU: $319M (2022) NEIT: $280M (2022) Bryant: $228M (2022) RIU: $218M (2021) RWU: $103M (2022) Salve: $81.6M (2022) RIC: $33.4M (2018)

CCRI is a public state school but their FY2023 budget request is $139.5M (not including any supplemental requests). $58.1m from the state, $61M from tuition and fees, $8M from the school own coffers. That is a $5.9M or 4.4% increase from FY2022.

SweatyCockroach8212 t1_j9g2yxe wrote on February 21, 2023 at 5:49 PM

$200M is a rounding error or market fluctuation.

thetook t1_j9g3dof wrote on February 21, 2023 at 5:51 PM

To Harvard for sure.

kickstand t1_j9h48qr wrote on February 21, 2023 at 10:55 PM

True, but Harvard is an outlier. JWU or Roger Williams U have nothing close to that, for example.

wenestvedt t1_j9fy3nj wrote on February 21, 2023 at 5:18 PM

RIF gives out a lot of cash to different organizations that work for Rhode Islanders. There are waaaay worse groups that could be holding that money!

ChronicCumShots t1_j9fu8yi wrote on February 21, 2023 at 4:53 PM

Probably just Brown in our state