I worked there over 20 years ago. The work I did there prepared me for a very lucrative career and I wouldn’t trade it for anything, especially not a few more dollars.
Also, the endowment isn’t unlimited use. Most of it is earmarked for specific uses. When someone donates $500M to build a building, the money can only be used to maintain the building. When they endow a professorship, that money can only be used for that professors salary and research.
$4.3B is pretty small for a university the size of Berkeley.
Also, the endowment isn’t unlimited use. Most of it is earmarked for specific uses. When someone donates $500M to build a building, the money can only be used to maintain the building. When they endow a professorship, that money can only be used for that professors salary and research.
$4.3B is pretty small for a university the size of Berkeley.