Endowments Make The Grade

[McWave]

When looking at the success or lack there of, here’s a few figures from 2019 -2020:

Jeremy Crigler, chief investment officer: $1,488,000 (this is not a typo)

As of June 30, 2020 Tulane’s endowment 10 yr. annualized return was 8.10% and ranked 55th nationally. My guess is the CIO comp was ranked much higher and with much less assets under advisement than those ahead of him.

TU CIO compensation ranked 16th nationally in 2019 ($1.382 million). Number 15 was NYU CIO ($1.5 million comp) with $4.35 billion of assets under advisement and number 17 was UNC CIO ($1.372 million) with aua $3.67 billion according to Charles Skorina & Co.

Tulane assets ranked 76th in 2020 ($1.446 billion), 59th in 1990 ($229.5 million), 78th in 2000 ($636.4 million), 70th in 2010 ($888.7 million) per NACUBO (National Association of College and University Business Officers).

Michael Fitts, CEO: $1,488,000

Virginia Wise, Sr. VP for Advancement: $471,000

This would be the position dedicated to raising funds. Any one hear of a large donation recently?

William Fritz, Head Football Coach: $1,737,000

Michael Dunleavy, Head Basketball Coach: $1,039,000

[GreenLantern]

In the 2019 reporting, there were six Tulane employees making over $1 million. The highest paid (as McWave reported earlier), was one William Fritz. To my surprise, no compensation was reported for Scott Cowen. I thought we were stuck with him into perpetuity.

If you receive the highest compensation of any organization, much is expected. Certainly more than a 1-5 season, staring 2-10 down the barrel. (I’m confident we will win one game we shouldn’t.)

[tpstulane]

When looking at the success or lack there of, here’s a few figures from 2019 -2020:

Jeremy Crigler, chief investment officer: $1,488,000 (this is not a typo)

As of June 30, 2020 Tulane’s endowment 10 yr. annualized return was 8.10% and ranked 55th nationally. My guess is the CIO comp was ranked much higher and with much less assets under advisement than those ahead of him.

TU CIO compensation ranked 16th nationally in 2019 ($1.382 million). Number 15 was NYU CIO ($1.5 million comp) with $4.35 billion of assets under advisement and number 17 was UNC CIO ($1.372 million) with aua $3.67 billion according to Charles Skorina & Co.

Tulane assets ranked 76th in 2020 ($1.446 billion), 59th in 1990 ($229.5 million), 78th in 2000 ($636.4 million), 70th in 2010 ($888.7 million) per NACUBO (National Association of College and University Business Officers).

Michael Fitts, CEO: $1,488,000

Virginia Wise, Sr. VP for Advancement: $471,000

This would be the position dedicated to raising funds. Any one hear of a large donation recently?

William Fritz, Head Football Coach: $1,737,000

Michael Dunleavy, Head Basketball Coach: $1,039,000

Slush fund. Where can I sign up?

[NotJtS]

1. That's fucking criminal WF gets paid that much to not perform.

2. How much $$$ does that bald assclown Troy Dannen make?

[Show Me]

1. That's fucking criminal WF gets paid that much to not perform.

2. How much $$$ does that bald assclown Troy Dannen make?

He’d owe Tulane money if they based it on performance (winning %, coaching hires and fundraising). But other than that he’s probably fleecing Tulane for around $750K a year.

[GreenLantern]

1. That's fucking criminal WF gets paid that much to not perform.

2. How much $$$ does that bald assclown Troy Dannen make?

The last 990 that reported compensation for key executives was in June 2019, and for some reason Dannen was not listed. Here's the list:

(By the way, I'm uncertain if Tania Tetlow's compensation for $279,000 also included her salary as a Tulane law professor. She has since become president of Loyola .... where she just cut her own salary by 20% to deal with the COVID financial crisis. Impressive woman.)

[GreenLantern]

As I mentioned earlier, the 990 from June 2018 still showed everyone's favorite guy, Scott Cowen, with compensation of $244,000. This in spite of the fact that he left Tulane in June of 2014. Quarter mil annually is not a bad retirement fund if you can get it.