Endowments | With funds, not all colleges created equal
That Yale has hundreds of millions of dollars set aside for college renovations is no secret. But for tulips? Oranges? Broadway shows?
The answer: yes, yes and yes again. Yale, though, leaves those to the colleges — at least those that have “restricted endowments” set aside for specific items or activities.
As the only residential college to have established its own endowment, Jonathan Edwards College is notorious for being armed with endless funds. While the JE trust does give the college a financial leg up, much of that funding is actually tied down to specific...
this is what fundamentally undermines yales college system. the fact that legacies can select into their parents college and that some colleges have much more money than others. all yalies are not created equal. yale should follow harvards lead on this and equalize the system.
Doesn't Silliman have a donut endowment?
don't be hatin. If you cut me, I bleed just like every other Yalie.
@#2: but what about legacies who specifically choose not to be in their parent's college or choose to admit the fact that they are a legacy on their housing form (and there are quite a few who do both of these, at least from my experience)
it doesn't work like that unfortunately. if you prevent people from donating to their own colleges, they just wont donate. those making the major donations already give to yale.
so stop the whining. its grotesque. to paraphrase a famous yale: we have here the haves, and the have-mores.
there isn't a single college at yale that isnt filthy rich. some are jsut more filthy richer than others.
i agree with almost nothing hieronymous ever says, but on this one, he's right. he should go ahead and endow his limo. and i'll endow pitchforks for SDS. and JE sux and can keep updating its wine cellar. and silliman can joke about its silver chandiliers and it monstrous theatre. and wah wah wah legacies wah wah wah....
with legacies making up only 15 % of the university, there is really no argument that they distort much of anything. if anything, the renovation will help, simply because the newest colleges (without alumni) will also be the plushest in history ... and morse and stiles, you too are about to be renovated.
the fact that they are all different, yet all the same, is what makes yale great.
gryffindors should stop whining about slytherin having a dungeon ...
Because the DIAMOND studded experience is so radically different from the EMERALD one?
Geez: get OVER the WHINING, will you??? It matters not a WHIT what college you are in: opportunity--and FUNDS--abound.
Are some of you ppl just BRED to cry?
Wow, 1 person posts a mildly negative comment and 5 others jump on that one for "whining"? (And take that one as representative of numerous "ppl"?)
I never cease to be astounded (and, frankly, ashamed) at the audacity of of some Yalies. Really? Complaining because some people on campus have tulip plantings while others have to do without, or at Yalies believing they should be able to dictate the terms of *gifts* to the school? Those concerned about inequality, disparity and fairness really ought to take a walk on Chapel Street, three or four blocks past Starbucks.
Makes total sense to me. "Yale" has, I believe it safe to say, "sufficient" funds. I, for one, fully intend to fund something at my college, and it will likely be something quirky...
My fear is that Yale, especially with two new colleges on the way, will seek somehow to "normalize" the various colleges' individual funding levels (all it would take is publishing of the available funds and, believe me, the "Wah! Wah!" crowd would start their crying--unfair to me! Patriarchal oppression from the old & dead! And so on.)
I think I may endow a chauffered limo to UConn for ROTC participants...
Or maybe a Western Civ lecturer...
Or fresh, small-batch, organic, artisanal pudding at every meal. Yeah, THAT's the ticket!