The audited financials from the respective Foundations clearly show that msu is winning the financial arms race. Although not detailed by category, most athletic donations are run through the Foundations.
For the FYE 06/30/25, msu had contributions of $124 million and net assets of $520 million. For FYE 06/3024, it was $81 million and $446 million.
For the FYE 06/30/25, UM had contributions of $43 million and net assets of $403 million. For FYE 06/30/24, it was $46 million and $373 million.
To summarize, over the last two fiscal years, the msu Foundation received contributions of $205 million, while the UM Foundation received $89 million. And those numbers for msu do not reflect the impact of winning the national championship.
FYE 06/30/26 audited financials will be available this fall. Last fiscal year msu received about $3 in contributions for every $1 UM received. So what happens this year? If I were a betting man, I would put the over/under at $4.25 msu to $1 UM.