$100,000,000,000
$100,000,000,000
$15,000,000,000
New cars? Houses?
If you had 215 billion dollars, you could buy 7,166,667 cars at $30,000/each or 1,075,000 houses at $200,000/each.
Do some traveling?
If you were to travel 215 billion miles, you could fly around the world 8,634,191 times or take a round trip to the moon 449,979 times.
Build a nest-egg?
If you could save $100,000/year, it would take you 2,150,000 years to save 215 billion dollars.
Top 10 College & University Trusts or Endowments
$40,929,700,000
$30,295,003,000
$27,699,834,000
$25,623,600,000
Massachusetts Institute of Technology
$17,443,750,000
$14,649,761,000
$12,632,092,945
University of Michigan—Ann Arbor
$12,273,834,000
$11,565,964,000
$10,950,738,000
The TRUST-worthy pledge
because all of the names with 'endowment' did not end well
Our Goal
Encourage colleges and universities to donate a sizable portion of their trusts (endowments) to neighboring communities and nonprofit organizations whose goal is to empower communities most in need. To be 100% TRUST-worthy, an institution has to commit to donate the equivalent of 100% of the current value of their trust over a set number of years. 10 years? 10 % of the trust's current value, per year, for the next 10 years.
Why?
Because 10 miles from Harvard and MIT (combined trust of $55 billion) is where you will find the good people of Hyde Park, Roxbury, and Dorcester. They deserve better. Perhaps the next wave of large endowments (couldn't resist) could come from the rising tide this money would provide for these communities; and thousands more like them.
