BSU Alumni & Foundation Endowment Progress
| Year | Revenue |
| 2004 | $8,225,156 |
| 2009 | $8,860,204 |
| 2014 | $20,320,670 |
| 2019 | $26,549,813 |
Support to BSU
| Year | Revenue |
| 2015 | $1,192,821 |
| 2016 | $1,295,431 |
| 2017 | $1,361,782 |
| 2018 | $1,401,720 |
| 2019 | $1,521,513 |
Cash Revenue
| Year | Revenue |
| 2015 | $5,306,839 |
| 2016 | $4,170,704 |
| 2017 | $2,856,100 |
| 2018 | $3,671,286 |
| 2019 | $3,088,596 |
Rate of Investment Return
| Year | Annual Return | 10-year Average |
| 2010 | 0.112 | 0.0391 |
| 2011 | 0.100%7 | 0.0539 |
| 2012 | 0.0053 | 0.0573 |
| 2013 | 0.0647 | 0.0582 |
| 2014 | 0.105 | 0.055 |
| 2015 | 0.277 | 0.0484 |
| 2016 | -0.0302 | 0.04332 |
| 2017 | 0.1139 | 0.0707 |
| 2018 | 0.0643 | 0.079 |
| 2019 | 0.0511 | 0.0653 |
Statement of Activities – Year Ended June 30, 2018
Support and Revenue
| Without Donor Restrictions | With Donor Restrictions | Total | |
| Contributions & Member Dues | $350,679 | $1,469,659 | $1,820,338 |
| Endowment Contributions | – | $894,824 | $894,824 |
| Total | $350,679 | $2,364,483 | $1,715,162 |
Support and Revenue
|
Without Donor Restrictions | With Donor Restrictions | Total |
| Investment Income | $350,679 | $1,469,659 | $1,820,338 |
| Royalty Revenue | – | $894,824 | $894,824 |
| Lease Revenue | – | $61,087 | $61,087 |
| Net Increase (decrease) in Cash Surrender: Value Life Insurance & Actuarial adjustment | $44,768 | – | $44,768 |
| Reclassification & Net Assets Release from Restriction: Administrative Assessment | $640,653 | ($640,653) | – |
| Reclassification & Net Assets Release from Restriction: Satisfaction of Purpose Restrictions | $1,986,367 | ($1,986,367) | – |
| Total | $3,520,453 | $457,448 | $3,977,901 |
Expenses |
Without Donor Restrictions | With Donor Restrictions | Total |
| Program Services: Scholarships | $1,172,431 | – | $1,172,431 |
| Program Services: Special Events and Other Services | $1,506,926 | – | $1,506,926 |
| Total Program Services | $2,679,357 | – | $2,679,357 |
Expenses |
Without Donor Restrictions | With Donor Restrictions | Total |
| Supportive Services: Management and General | $66,540 | – | $66,540 |
| Supportive Services: Fundraising | $881,575 | – | $766,921 |
| Total Supportive Services | $948,115 | – | $948,115 |
| Total Expenses | $3,627,472 | – | $3,627,472 |
Expenses |
Without Donor Restrictions | With Donor Restrictions | Total |
| Increase (decrease) in Net Assets | ($107,019) | $457,448 | $350,429 |
| Net Assets, Beginning of Year | $4,031,678 | $26,559,801 | $30,591,479 |
| Net assets, End of Year | $3,924,659 | $27,019,249 | $30,941,908 |
| Total Supportive Services | 3,924,659 | $27,017,249 | $30,941,908 |
Statement of Position
Assets
Current Assets |
Total |
| Cash and Cash Equivalents | $242,120 |
| Investments | $3,627,798 |
| Accounts Receivable | – |
| Contributions Receivable – Current | $817,782 |
| Prepaid Expenses | $9,020 |
| Total Current Assets | $4,696,720 |
| Property and Equipment | $309,768 |
Other Assets |
Total |
| Contributions Receivable – Long-term | $1,475,265 |
| Remainder Interest in Real Estate | $91,943 |
| Cash Surender Value Life Insurance | $142,338 |
| Restricted Investments for Endowment | $24,372,660 |
| Total Other Assets | $46,082,566 |
| Total Assets | $31,089,054 |
Liabilities and Net Assets
Current Liabilities |
Total |
| Accounts Payable | $12,288 |
| Payroll Liabilities | $32,378 |
| Annuities Payable, Current Portion | $27,220 |
| Total Current Liabilities | $62,886 |
| Long-term Liabilities, Annuities Payable, long-term portion | $84,260 |
| Total Liabilities | $147,146 |
Net Assets
Current Liabilities |
Total |
| Without Donor Restrictions | $3,924,659 |
| With Donor Restrictions | $27,017,249 |
| Total Net Assets |
$30,941,908 |
| Total Liabilities and Net Assets | $31,089,054 |