Financial reports

The UWL Foundation Annual Report outlines the assets and liabilities for the previous fiscal year (January 1 - December 31). For more information, please contact Greg Reichert at 608.785.8672.

Financial report

FINANCIAL REPORT For the 12 months ending December 31, 2018
Statement of Financial Position    
Assets    
  Cash and Cash Investments $4,132,645
  Investments Professionally Managed $23,680,255
  Accounts Receivable $736,130
  Other Gifts Assets $219,415
  Building & Equipment $12,867
     
Total Assets   $28,781,312
     
Liabilities and Net Assets
  Liabilities $70,030
  Total Liabilities $70,030
  Net Assets $28,711,282
Total Liabilities and Net Assets $28,781,312
STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS
Revenue and Support December 31, 2018  
  Contributions and Capital Additions $3,734,059
  Interest and Other Income $1,151,038
Total Revenue and Support   $4,885,097
     
Expenses (Support for the University)  
  Scholarships, Grants and Awards $2,951,583
  Fund Raising Costs $99,753
  Costs of Operations $283,309
Total Expenses   $3,334,645
     
  Net Appreciation (Depreciation) on Investments ($2,085,017)
  Increase/(Decrease) in Net Assets ($534,565)
  Beginning Net Assets $29,245,847
  Ending Net Assets $28,711,282

Breakdown of Expenditures

Percent of each dollar expended for services, fundraising and operations. (12 months ending December 2018)

  • 88.5% - Program services
    Ongoing projects - endowment and restricted scholarships, university and community projects, faculty development grants, public education and other designated gifts. 
  • 3.0% - Fundraising costs
    Expenses for annual fund and phonathon mailings and with alumni and other friends of UW-La Crosse planning special gifts.
  • 8.5% - Cost of operations
    The administration, distribution and evaluation of scholarship and loan applications,  administration of faculty grants, maintenance of on-campus support programs (e.g., publications, receptions, etc.).