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||For the 12 months ending December 31, 2020|
|Statement of Financial Position|
|Cash and Cash Equivalents||$5,575,380|
|Investments Professionally Managed||$33,012,635|
|Other Gifts & Assets||$344,737|
|Building & Equipment||$179,032|
|Liabilities and Net Assets|
|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|
|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.).