Yeah, I'm a CPA, I'm well aware of restricted and unrestricted net assets
in a tax exempt organization. Obviously, the Ivy's don't use it, because Yale and Harvard have endowments that dwarf everyone else, and could cover the cost of attendance on all students without touching the corpus. Yet, they're among the most expensive in the country.
Hell, one of those two, don't recall which, just saw their endowment increase by $10 billion in a single year. Frame of reference, Tech has around $2 billion, and ours is on the small side compared to most.
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In response to this post by VTCALS72)
Posted: 03/27/2022 at 1:24PM