The UWL Foundation Annual Report outlines the assets and liabilities for the previous fiscal year (June 30-July 1). For more information, please contact Finance Director Pam Schomburg at firstname.lastname@example.org or 608.785.8037.
|FINANCIAL REPORT||For the 12 months ending December 31, 2016|
|Cash and Cash Investments||$4,578,809|
|Investments Professionally Managed||$21,469,510|
|Other Gifts Assets||$283,997|
|Building & Equipment||$8,599|
|Bond Service Costs||$28,008|
|Liabilities and Fund Balance|
|Due to other funds||$0|
|Interest rate swap agreements||$0|
|Total Liabilities and Funds Balance||$27,918,906|
|STATEMENT OF SUPPORT, REVENUE AND CHANGES IN FUND BALANCE|
|Income||December 31, 2016|
|Contributions and Capital Additions||$3,128,271|
|Interest and Other Income||$977,597.00|
|Expenses||(Support for the University)|
|Scholarships, Grants and Awards Campus and Community||$3,278,083|
|Fund Raising Costs||$69,854|
|Costs of Operations||$235,324|
|Net Appreciation (Depreciation) on Investments||$1,074,583|
|Increase/(Decrease) in Fund Balance||$1,597,190|
|Beginning Fund Balance||$24,360,128|
|Ending Fund Balance||$25,957,318|
Breakdown of Expenditures
Percent of each dollar expended for services, fundraising and operations. (12 months ending December 2016)
- 91.5% - Program services
Ongoing projects - endowment and restricted scholarships, university and community projects, faculty development grants, public education and other designated gifts.
- 1.9% - Fundraising costs
Expenses for annual fund and phonathon mailings and with alumni and other friends of UW-La Crosse planning special gifts.
- 6.6% - 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.).