$44,100,000,000
Yale's Projected Returns
$0
Yale's Wealth
Yale's endowment gains millions every day while we fight to keep up. We're united to win a great contract!
The Reality
When Yale announces cuts, it points to the tax. The reality: 30 days is taxed, the other 335 days of gains—not taxed.
$300M $3,600,000,000
30 days = tax 335 days = gains
The tax is 8% on gains only—not on the endowment itself. So when Yale says it can't afford a fair contract, remember this chart.
Meanwhile, our pay isn't keeping up.
$44,031.00
$47,216.52
That's how much we're behind on the minimum rate this year. Yale's endowment earns that in 28 seconds.
We shouldn't have to tighten our belts while Yale's endowment grows. When it comes to our contract, we won't let them cry poor.