The UWL Foundation Annual Report outlines the assets and liabilities for the previous fiscal year (January 1 - December 31). For more information, please contact Finance Director Jason Gelder at email@example.com or 608.785.8766.
|FINANCIAL REPORT||For the 12 months ending December 31, 2018|
|Statement of Financial Position|
|Cash and Cash Investments||$4,132,645|
|Investments Professionally Managed||$23,680,255|
|Other Gifts Assets||$219,415|
|Building & Equipment||$12,867|
|Liabilities and Net Assets|
|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|
|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.).