Saturday, June 23, 2012

Texas Tech's Odd Reporting of Carr Trust Funds

Texas Tech University submits Investment Reports to the State of Texas.  Something odd happened in late 2010 and early 2011, at least report wise.  Carr funds plummeted from nearly $80 million to less than $1 million for at least four months.

What happened during that period for total ASU Carr Trust funds to be so low?  ASU's investment reporting sheds but a little light on the question.

It would've been understandable to see such precipitous drops in a financial meltdown.  Two years after seems odd.

Carr recovered to over $90 million.  ASU's Presidential recruitment materials indicate the Carr Trust is over $100 million, good news for students who need financial assistance. 

No comments: