GIFTS
FISCAL YEAR 2018 $5,000,000 Initial Gift to Laure Sudreau Rippe GJP Endowment
Gift $290,000 Initial gift minus FY18 expenditures
Expenditures $4,710,000
Balance
FISCAL YEAR 2019 $3,000,000 Second gift to Laure Sudreau Rippe GJP Endowment
Gift $370,000
Expenditures $160,000 Estimated payout from investment of the FY18 gift
Partial Endowment Payout from FY18 Gift $2,790,000 Second gift minus the full operating budget
Added to Endowment $7,500,000
Endowment Balance
FISCAL YEAR 2020 $2,000,000 Third gift to Laure Sudreau Rippe GJP Endowment
Gift $420,000
Expenditures $320,000 Estimated payout from investment of the FY18 and FY19 gifts
Endowment Payout from FY18 and FY19 $1,900,000 FY20 gift plus endowment payout, minus FY20 expenditures
Added to Endowment $9,400,000
Endowment Balance
Indefinite Operating Budget $470,000 Fully scaled operating budget of the Laure Sudreau Rippe GJP
PEPPERDINE lAW | GLOBAL JUSTICE
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Global Justice
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