The Rev. Theodore Hesburgh, C.S.C., (1917–2015) served as president for 35 years (1952–87) of dramatic transformations. In that time the annual operating budget rose by a factor of 18 from $9.7 million to $176.6 million, and the endowment by a factor of 40 from $9 million to $350 million, and research funding by a factor of 20 from $735,000 to $15 million. Enrollment nearly doubled from 4,979 to 9,600, faculty more than doubled 389 to 950, and degrees awarded annually doubled from 1,212 to 2,500.
What was the size of the Notre Dame endowment when Theodore Hesburgh became president?
$9 million
In that time the annual operating budget rose by a factor of 18 from $9.7 million to $176.6 million, and the endowment by a factor of 40 from $9 million to $350 million, and research funding by a factor of 20 from $735,000 to $15 million.
In that time the annual operating budget rose by a factor of eighteen from nine dollars, seven cents million to one hundred seventy-six dollars, six cents million, and the endowment by a factor of forty from nine dollars million to three hundred fifty dollars million, and research funding by a factor of twenty from seven hundred thirty-five thousand dollars to fifteen dollars million.
What was the size of the Notre Dame endowment when Theodore Hesburgh became president?