$10M Endowment Question
Summary
Standard endowment spending is 5% annually; unclear if football program follows same rule.
phillydevil said... (original post) I don't know the answer, but I do wonder if they plan to spend it relatively agressively (e.g. spread over 5 years) so it has a real impact, ve...
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Yeah I watched a few videos on YouTube and they said the standard is to take 5% but that was for like $500M+ endowments for entire schools not just football.
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Teams:
Arizona State