Future of Division III

[Ron Boerger]

The latest NACUBO endowment study is out, and like their counterparts elsewhere Division III schools had a good year.  It's important to note that this study reflects endowments as of June 30, 2021 and results taken after the recent drops in the stock market would not be nearly as rosy.  Average endowment size increased 35% to $1.1 billion, though that is top-weighted as the median increased to only $220 million, with more than half of endowments being under $250 million.  Only one school of the 700-plus respondents - Albright - reported a loss during the period, but two other D3s - Messiah and Curry - were also at the bottom of the list with gains under 6%.  At the other extreme, Wash U, with an endowment already among the top 25 colleges, saw its endowment skyrocket by over 60% to $13.5 billion.  In terms of endowment per student, MIT, Amherst and Williams rank in the top ten of all schools, followed immediately by Pomona, Swarthmore, and Grinnell. 

[Gregory Sager]

Thanks for that link, Ron. The latest NACUBO endowment table is always a nice resource to have on hand.

[FCGrizzliesGrad]

Some numbers at the bottom of the list for D3

Southern Virginia with by far the smallest endowment of any school that responded with just under $2M. The next smallest was a Community College with $6M
Centenary (NJ) $16.3M
MCLA $18.1M
Lakeland $21.4M
Defiance $23.1M

Smallest endowment per full time student:
Southern Virginia $1,873
University of Wisconsin System (which includes all 8 WIAC schools and UW-Superior) $4,244
Ramapo $5,321
New England College $7,624
Oswego $8,332
For reference, MIT has the largest for D3 at almost $2.5M per student with the average being $220k and median over $64k.

[Ralph Turner]

The latest NACUBO endowment study is out, and like their counterparts elsewhere Division III schools had a good year.  It's important to note that this study reflects endowments as of June 30, 2021 and results taken after the recent drops in the stock market would not be nearly as rosy.  Average endowment size increased 35% to $1.1 billion, though that is top-weighted as the median increased to only $220 million, with more than half of endowments being under $250 million.  Only one school of the 700-plus respondents - Albright - reported a loss during the period, but two other D3s - Messiah and Curry - were also at the bottom of the list with gains under 6%.  At the other extreme, Wash U, with an endowment already among the top 25 colleges, saw its endowment skyrocket by over 60% to $13.5 billion.  In terms of endowment per student, MIT, Amherst and Williams rank in the top ten of all schools, followed immediately by Pomona, Swarthmore, and Grinnell.

I would like to see a graph showing endowment on one axis with years of existence on the other axis.

[Gray Fox]

The latest NACUBO endowment study is out, and like their counterparts elsewhere Division III schools had a good year.  It's important to note that this study reflects endowments as of June 30, 2021 and results taken after the recent drops in the stock market would not be nearly as rosy.  Average endowment size increased 35% to $1.1 billion, though that is top-weighted as the median increased to only $220 million, with more than half of endowments being under $250 million.  Only one school of the 700-plus respondents - Albright - reported a loss during the period, but two other D3s - Messiah and Curry - were also at the bottom of the list with gains under 6%.  At the other extreme, Wash U, with an endowment already among the top 25 colleges, saw its endowment skyrocket by over 60% to $13.5 billion.  In terms of endowment per student, MIT, Amherst and Williams rank in the top ten of all schools, followed immediately by Pomona, Swarthmore, and Grinnell.

I would like to see a graph showing endowment on one axis with years of existence on the other axis.

Great idea.

[Ron Boerger]

The D3 Strategic Planning and Finance Committee approved several 2023 fiscal year budget recommendations from the Championships Committee - details here.   Some of the more significant changes:

• increase in the per diem for all sports from $100 to $115
• conference opponents will be separated to keep them from playing each other in the first round (team and individual sports)
• bracket in women's ice hockey increases from 10 to 11
• squad size/travel party for women's lacrosse increases by four
• field size of men's outdoor track and field increases by two per event
• Funds for video review for baseball and softball added

Also significant:  with the start of the 2025 fiscal year, Division III will see an overall 11% revenue increase due to the CBS/Turner Sports broadcast agreement (assuming the Power Five doesn't totally blow things up before then).

[ADL70]

Bill Regan new Managing Director of DIII. "Regan holds a bachelor’s degree from Buffalo State College, a law degree from the University of Akron and a master’s degree in sports administration from Canisius College."

https://twitter.com/NCAADIII/status/1545060018281598976?utm_source=D3Playbook&utm_campaign=c3024b5f80-EMAIL_CAMPAIGN_2022_07_11_12_04&utm_medium=email&utm_term=0_f4649c1bfa-c3024b5f80-419588257