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Additional facts at a glance:
Posted February 14, 2005
Highlights of 2004 giving to UI Foundation and the UI Of the outright gifts made to the foundation in 2004:
The $77.3 million in outright gifts to the foundation in 2004 included:
Alumni and friends in every state in the U.S. and from 21 other countries sent gifts to the foundation in 2004. Contributors continued to take advantage of the foundation's online giving option in 2004. Nearly 2,500 gifts totaling more than $583,000 were made through the foundation's web site, http://www.uiowafoundation.org. This represents a 61 percent increase in number of gifts and a 62 percent increase in dollars from online gifts compared to 2003. The number of people using the foundation's web site to make their first gift to the UI in 2004 was 288. Cumulative UI Foundation productivity (from 1956 through 2004) now exceeds $1.44 billion. This includes $962.7 million actually received and $480.2 million committed and to be received in future years. The market value of the endowment pool managed by the UI Foundation at the end of 2004 stood at $540 million, the highest level ever and up from $487 million at the end of 2003. The one-year return on the foundation's long-term investment pool was 17.6 percent for fiscal year 2004, which ended June 30, 2004. NOTE TO EDITORS: Additional updated numbers and annual highlights of giving are available in the annual statistics and rankings section of the foundation's web site at www.uiowafoundation.org/about/statistics. Highlights of the "Good. Better. Best. Iowa" campaign As of the end of 2004, gifts to the Good. Better. Best. Iowa campaign -- received since its start in January 1999 -- had created 315 new endowed scholarship funds, 68 new Presidential Scholarships, 104 new named faculty positions and 26 new faculty fellowships. Private funding has been completed on eight new UI facilities, providing more than 500,000 square feet of state-of-the-art classroom, lab and meeting space to UI students, faculty, staff and visitors:
Fund-raising is in progress for six other UI projects, including new construction and renovation:
In fiscal year 1998, the foundation provided the UI with $3.7 million in student aid from gifts and endowment payout; in fiscal year 2004, that figure more than doubled, standing at more than $8 million in need- and merit-based assistance. During the five years prior to the campaign, the average number of donors at all levels to the UI Foundation each year was 45,398. During the six years of the campaign so far, the average number has been 57,734, an increase of 27 percent. Outright gifts received during the first six years of the campaign (1999-2004) represent nearly 40 percent of all gifts in the UI Foundation's 49-year history. When deferred gifts are added, the campaign accounts for nearly half of the foundation's cumulative productivity. Between 1956 and 1998, the number of outright gifts and realized bequests of $1 million or more made to the foundation was 42. Between Jan. 1, 1999, and Dec. 31, 2004, the Foundation has received 125 gifts at that level. Prior to the campaign, the foundation had never received a gift of $10 million or more. By the end of 2004, the foundation had received six such gifts. Related information: |