How much does KU earn from its endowment each year? Could that money be used to fix buildings?
KU Endowment spokeswoman Rosita Elizalde-McCoy provided this response: "Donors to KU Endowment decide how their gifts will be used. KU Endowment faithfully administers gifts as designated by donors. During fiscal year 2006, we provided $99 million to KU's four campuses. The three highest categories of support were: construction and furnishings, 30 percent; scholarships and awards, 23 percent; faculty support, 17 percent."