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 Marcus Buchholz at 608.785.8037.

Financial report

FINANCIAL REPORT For the 12 months ending December 31, 2020
Statement of Financial Position    
Assets    
  Cash and Cash Equivalents $5,575,380
  Investments Professionally Managed $33,012,635
  Accounts Receivable $522,183
  Other Gifts & Assets $344,737
  Building & Equipment $179,032
     
Total Assets   $39,633,967
     
Liabilities and Net Assets
  Liabilities $80,168
 
  Net Assets $39,553,799
Total Liabilities and Net Assets $39,633,967
STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS
Revenue and Support December 31, 2020  
  Contributions and Capital Additions $2,575,061
  Interest and Other Income $1,372,416
Total Revenue and Support   $3,947,477
     
Expenses (Support for the University)  
  Scholarships, Grants and Awards $3,519,172
  Fund Raising Costs $68,720
  Costs of Operations $248,530
Total Expenses   $3,836,422
     
  Net Appreciation (Depreciation) on Investments $3,799,422
  Increase/(Decrease) in Net Assets $3,910,477
  Beginning Net Assets $35,643,322
  Ending Net Assets $39,533,799

Breakdown of Expenditures

Percent of each dollar expended for services, fundraising and operations. (12 months ending December 2020)

  • 91.73% - Program services
    Ongoing projects - endowment and restricted scholarships, university and community projects, faculty development grants, public education and other designated gifts. 
  • 1.79% - Fundraising costs
    Expenses for annual fund and phonathon mailings and with alumni and other friends of UW-La Crosse planning special gifts.
  • 6.48% - 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.).