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<p>I’m not sure if that’s true. The only mention of endowment on the campaign’s website is under the athletics section where it’s listed as ‘endowment / scholarships’ for a mere 50 million. That’s chump change for UCLA since the university likely has operating expenses over 5 billion annually.</p>
<p>The priority of the endowment is really the health sciences, which is getting a whopping $2 billion from the campaign, assuming it reaches its goal; UCLA is also investing a ton in its professional schools. Both HSSEAS and TFT are getting a $250m from the campaign. That’s not necessarily a ton for UCLA, but it is quite a lot for a professional school. Donations for both schools are likely to be used in investing in facilities and faculty (I’ve heard some complaints about the lack of quality faculty and facilities at TFT, which is really embarrassing for a school of its history and reputation.)</p>
<p>Combined, the amount of money for the health sciences and professional schools is slotted to take 84% of the campaign total. So really, the campaign’s goal is to boost the quality of UCLA’s faculty, facilities, and research. And that’s totally expected at a school of UCLA’s quality.</p>
<p>c.f. <a href=“Homepage - UCLA Let There Be”>http://giveto.ucla.edu/the-centennial-campaign/</a></p>