Why Not a PAW Endowment?

I find myself in agreement with (so far) every other letter writer on this topic: University takeover of PAW, no matter how benevolent in its current intended form, is simply an awful idea for all of the reasons stated. No Locomotives here.

Instead of funding the ongoing operating subsidy, why not carve off a slice of the vast University endowment and provide a similar substantial and stable source of income for PAW? If PAW then fails to manage its new endowment properly or otherwise cannot make ends meet, then PAW will have earned its demise.