re: #141 gwangung

Paid for certain salary, but not ALL salaries. They are almost always specified which professor it will fund, and for what purpose If a non-endowed prof. like at Stanford got funds diverted from an endowment, there’d be holy hell to pay, not only from the faculty but certainly from the donor. And they could probably lose that endowment.

The professors that have endowed professorships get their salaries from that, true, but that’s definitely not the majority. Most professors also have some amount of their income derived from the grants they bring in. To my hazy understanding of academic career knowledge, which I want nothing to do with.

But I know that the endowed professorships don’t add up to $17 billion. And there’s very little explanation for what else that money is used for, if anything.