The UWL Foundation Annual Report outlines the assets and liabilities for the previous fiscal year (January 1 - December 31). For more information, please contact Greg Reichert at 608.785.8672.
Financial report
| FINANCIAL REPORT | For the 12 months ending December 31, 2018 | |
| Statement of Financial Position | ||
| Assets | ||
| Cash and Cash Investments | $4,132,645 | |
| Investments Professionally Managed | $23,680,255 | |
| Accounts Receivable | $736,130 | |
| Other Gifts Assets | $219,415 | |
| Building & Equipment | $12,867 | |
| Total Assets | $28,781,312 | |
| Liabilities and Net Assets | ||
| Liabilities | $70,030 | |
| Total Liabilities | $70,030 | |
| Net Assets | $28,711,282 | |
| 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 | |
| Total Expenses | $3,334,645 | |
| 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.).
