YOU & UCONN
A RELATIONSHIP THAT LASTS A LIFETIME
UConn Foundation Annual Report 2017
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ONE UCONN FAMILY.
Your loyalty matters. Thank you for making UConn stronger.
A letter from UConn President Susan Herbst
My sincerest thanks to UConn Nation for making our University stronger. Your friendship matters. Did you know that every gift—no matter the size—from an alumnus helps boost UConn’s national ranking? Your gift helps in so many concrete ways like scholarships for deserving students.
A letter from Joshua Newton and Daniel Toscano
It’s painted on the wall in the Student Union in Storrs. Whatever campus you attended, whatever your pursuit, every alumnus is part of UConn Nation. A Husky for life. UConn Nation is strong, with more than 253,000 alumni and so many other loyal friends, fans, grateful patients, and supporters throughout Connecticut and far beyond.
Capital improvement projects
Scholarships and fellowships
In fiscal 2017, 99.7% of cash gifts were directed by their donors for specific purposes, such as a particular scholarship or area of research that has personal meaning to them. When UConn Nation members give, they give from the heart.
Total endowment grew $44.7 million (11.9%) in FY17.
The total includes all endowed funds that benefit UConn. Endowed funds are held by the UConn Foundation as well as the University itself and the Law School Foundation. The UConn Foundation coordinates the investment and management of its portfolio and the endowed funds held by the University. The Law School Foundation managed its own portfolio in fiscal 2017. All funds are included in the market value of the total University endowment.
Endowed gifts have the power to create a legacy. They establish permanent lines of support. By pooling and investing endowed gifts in the market, each endowed scholarship account continues growing. An endowed scholarship can be awarded year after year, supporting generations of UConn students.
There’s been steady momentum over the last decade. Since March 2009, the total University endowment has grown by $176.1 million (71.6 percent) thanks to the generosity of donors who have given toward endowed funds that support students, faculty, and programs across the entire University. And strong investment returns continue to grow the endowment. The portfolio has had a positive return seven out of the last eight years, with an annualized return of 7.51 percent during that period.
Financial Statement Overview
The performance of the long-term investment portfolio is always the chief driver of the UConn Foundation’s annual financial results and the 2017 fiscal year was no different. Against a backdrop of growth across the world’s major economies, the portfolio returned 11.74 percent during the year compared to a Market Value Weighted benchmark return of 10.45 percent, representing outperformance of 1.29 percent.
Recognizes donors with lifetime giving of $100,000+
Recognizes donors who give $1,000+ annually ($500+ for graduates of the last decade)
Recognizes donors who give for five or more consecutive years
Recognizes donors who include the UConn Foundation in their wills or other planned gifts