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May 24, 2024
11:24
:22
am
Tare
Truly Addicted User
Yes, up from $785M in 2022
Tuition and Fees revenue in 2023 was $237M so the church is subsidizing ~70% of the cost to attend
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Tare
Previous username
Texas Hold'em
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Tare
Joined
Aug 8, 2002
Last login
Sep 28, 2024
Total posts
21,134 (581 FO)
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Messages
Author
Time
BYU's total endowment surpasses $3B on recent audit (to $3.08B, up from $2.78B)
BamaCoug
May 24, 10:51am
Thank you, NVDA!
gangbusters
May 24, 10:51am
Compound interest works it's magic
DJROSS
May 24, 10:52am
Do they use any of the interest from the endowment? Or does it just grow?
cougarfann888
May 24, 10:53am
The interest is kind of the point of an endowment.
Cougarclaw
May 24, 10:56am
The audit list $100M in "allocated for expenditure" which is likely...
BamaCoug
May 24, 11:36am
Someone should do the math but it should be getting close to being self-sustaining outside of tithing.
Baron
May 24, 10:53am
Totally depends on what the $3 billion is used for
nova_coug_fan
May 24, 11:36am
now I am more upset they wouldn't give my daughter a scholarship
Turd Ferguson
May 24, 11:00am
$6800 per year tuition - pretty sure everyone got a scholarship
Iman23
May 24, 11:02am
I hope they aren't giving any to seminary class presidents.
Turd Ferguson
May 24, 11:05am
She can probably still get some small ones. They throw out $1,000 per semester
SoBlueitHurts
May 24, 2:18pm
Interesting tidbit from the audit: Church contribution to revenue $813,507,000
Tare
May 24, 11:13am
meaning thats how much total they are subsidizing BYU?
CrashMcLarson
May 24, 11:17am
If so, that’s about $23,000 per student
Forest Green
May 24, 11:20am
Yes, up from $785M in 2022
Tare
May 24, 11:24am
Remember when Memphis fans said they were a good B12 fit because FedEx was
Gustav
May 24, 11:20am
My guess was a billion, so I was a bit high
nova_coug_fan
May 24, 11:31am
Administration expenses as 6.8% of total expenses
Gustav
May 24, 11:18am
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