2010-11 Philanthropic Annual Report

Endowment

Endowment Market Value
Endowment Market Value
2008/09 $720.3 million
2009/10 $846.1 million
2010/11 $1,024.3 million

Endowment market value surpassed $1 billion this year, up from $846 million in 2009-2010.

In 2010-2011, donors contributed $54.5 million in new gifts toward endowments, an increase of 10 percent from the prior year. Over a three-year period, $143 million in new endowment gifts has been added to endowments throughout the CSU. Collectively, CSU institutions distributed nearly $32 million from endowment in support of student scholarships, faculty research and academic programs.

Endowment investments gained an average 20.38% percent in 2010-2011, recovering much of the losses incurred from 2007-2009. Peer group and systemwide investment returns are presented as dollar-weighted averages.

Endowment Investment Performance

Investment Pool
Asset Ranges
# CSU CSU Average
Investment Return
>$100 m to <=$500 m 3 21.2%
>$50 m to <=$100 m 2 22.4%
>$25 m to <=$50 m 7 18.0%
Less than or <=$25 m 12 19.3%

2010/2011 CSU Median = 20.73%
2010/2011 Industry Benchmark: Russell 3000 65% and Barclay’s Aggregate Bond Index 35% = 22.81%
2010/2011 NACUBO-Commonfund Endowment Survey Average = 19.08%