Endowment Activity Report (July 1, 2011–June 30, 2012)
An investment in an endowment that benefits the University of Northern Colorado is an investment in the future of this unique and very deserving institution. Each endowed fund not only provides critical funding for today’s students, faculty and programs, it builds an economic foundation that will support the University’s mission for generations to come.
In the fiscal year that ran from July 1, 2011 to June 30, 2012, the Foundation’s pooled investments, where endowments are held, almost broke even. Because payments to the University are based on three-year averages, this flat result will be smoothed out by the previous year’s 21.8% return. Given the stock market’s poor performance of last fall, we are pleased that we did as well as or better than many institutions of higher learning.
All of us in the UNC family are grateful to those generous donors who invest in an endowment. We appreciate your willingness to help in a time when state support is waning, but the need for an educated work force is growing. You make all the difference. For our part, the UNC Foundation is devoted to making sure your gift is well-managed and working as hard as it can for UNC.