2018 Annual Report
The University of Nebraska Foundation had a successful year of growing the relationships and resources that enable the University of Nebraska to change lives and save lives. In fiscal year 2018 we received $186 million in gifts, earned 8.5 percent on our $1.3 billion main endowment and had total assets of $2.5 billion. More than 99 percent of our assets are restricted by donors to a specific use by the university. We finished our student-focused fundraising initiative—Our Students, Our Future—on Dec. 31, 2017, which resulted in $217 million raised over a two-year period for scholarships, libraries, a performing arts center and other areas that directly benefit students. We continue to partner with our alumni associations to engage our 373,790 alumni, as well as our many friends who live around the world, to support the university. And we do that work with three core values in mind: teamwork; integrity and passion for our mission to advance the University of Nebraska.
The foundation remains focused on investing for the long term, prudent expense management, identifying and retaining talented investment managers, and in letting asset allocation be the primary drivers of the return. A portion of each endowed fund’s value, currently 4.25 percent of the market value’s trailing average over the previous 20 quarters, is distributed each year to support the fund’s designated purpose. The foundation’s main endowment, referred to as Fund A, had a value of $1.3 billion as of June 30, 2018. The foundation manages endowed gifts given directly to the university through an agency agreement; this endowment is referred to as Fund N. Fund A and Fund N plus several smaller endowments make up the total $1.7 billion endowment for the University of Nebraska.
Gift stories from across the university