The race-related protests at the University of Missouri’s flagship campus in Columbia didn’t do lasting damage to the school in one regard, judging by the growth in its endowment fund.
The chancellor, Alexander Cartwright, announced that the university’s endowment fund has gone over $1 billion, the highest it’s ever been. He said the “overwhelming support from donors attracts quality students and faculty.”
The university’s enrollment since the protests of 2015 has dropped almost 13 percent. Of course, not all that is due to the protests since most colleges and universities have seen a drop in enrollment. One reason is that there are fewer high school graduates due to a decrease in population in that age bracket, according to reports.
Mizzou’s endowment shrank during the recession but has increased by more than $400 million since the campus launched its latest fundraising campaign six years ago. Donations, along with the stock market growth, were positive factors in reaching $1 billion.
The university is 37th among the nation’s 1,644 public higher education institutions to reach the billion-dollar mark.
Mizzou has a reputation for excellence and the protest incidents did little to damage its record.