FINANCIALS AS OF JUNE 30, 2024

STATEMENT OF FINANCIAL POSITION

AS OF JUNE 30, 2024

ASSETS
Cash	$228,454

Receivables
Pledges Receivable, Net	$16,440,641
Estate Receivable	$1,900,320
Charitable Trust Receivable	$59,065
Other Receivables	$272,955
Total Receivables	$18,672,981

Investments
Investments	$259,712,251
Assets Held Under Split-Interest Agreements	$3,042,017
Beneficial Interest in Perpetual Trust	$1,303,063
Investment in Real Estate	$396,000
Cash Surrender Value of Life Insurance	$683,663
Total investments	$265,136,994

Land, Property and Equipment, Net	$2,696,266
Other Assets	$439,731

TOTAL ASSETS

$287,174,426

LIABILITIES AND NET ASSETS

Liabilities
Accounts Payable and Other Liabilities	$196,036
Obligations Under Split-Interest Agreements	$1,194,739
Agency Funds Payable	$2,972,534
Deposits Held for Others	$6,096
Total Liabilities	$4,369,405

Net Assets
Without Donor Restrictions	$24,740,316
With Donor Restrictions	$258,064,705
Total Net Assets	$282,805,021

TOTAL LIABILITIES AND NET ASSETS

$287,174,426

STATEMENT OF ACTIVITIES

YEAR ENDED JUNE 30, 2024

SUPPORT AND REVENUE
Contributions and Grants, Net of Discount	$28,155,812
Change in Allowance for Uncollectible Receivables	($339,934)
Change in Value of Split-Interest Agreements	$210,263
Change in Value of Beneficial Interest in Perpetual Trusts	$90,141
Investment Return, Net	$28,802,389
Fundraising Service Income	$101,403
Other	$278,368
Total Support and Revenue	$57,298,442

EXPENSES
Program Services
Student Assistance	$6,365,036
University and Community Programs	$2,468,528
Academic and Research Support	$6,040,892
Total Program Services	$14,874,456

Support Services
Management and General	$6,998,765
Fundraising	$6,490,254
Total Support Services	$13,489,019

TOTAL EXPENSES

$25,828,330

Transfer From Affiliates
Support Service Revenue	$6,434,801

CHANGE IN NET ASSETS

$35,369,768

NET ASSETS - BEGINNING OF YEAR

$247,435,253

NET ASSETS - END OF YEAR

$282,805,021

FISCAL SNAPSHOT

TOTAL SIU FOUNDATION ASSETS

Since 2020, SIU Foundation assets have grown by

INCREASE

MARKET VALUE OF SIU FOUNDATION ENDOWMENTS

Since 2020, the market value of SIU Foundation endowments has grown by

INCREASE

SUMMARY OF CONTRIBUTIONS

The SIU Foundation accepts contributions in the form of cash, securities and real estate or personal property. Many corporations will match the contribution of employees, officers, directors and, in some instances, spouses and retirees. The SIU Foundation also accepts various types of planned gifts, whereby the donor makes a gift commitment during his or her lifetime that will benefit the university. Planned gifts are in the form of bequests, gift annuities, charitable remainder trusts, charitable lead trusts and life agreements.

The Foundation’s goal is to increase private support to enhance the University’s mission of being a comprehensive undergraduate and graduate research institution.

CASH CONTRIBUTIONS AND PLEDGES

GIFTS IN KIND

TOTAL

EXPENDITURES

Donors can designate their contributions for items such as scholarships, faculty support, research, facilities and equipment. Donors also contribute toward general support with an unrestricted gift. The SIU Foundation’s expenditures are represented as follows, with “other” including professional development and travel, equipment and expendable goods:

TEACHING & RESEARCH

GRANTS TO THE UNIVERSITY

SCHOLARSHIPS & AWARDS

OTHER

TOTAL

ENDOWMENT INVESTMENTS

The SIU Foundation receives endowment contributions and invests them into the endowment investment pool for perpetuity. An annual distribution of a portion of the revenue generated from the endowment accounts is transferred to corresponding current accounts and used according to the donors’ restrictions. Many of the contributions are designed for scholarships, research and the general support of colleges and departments. Please visit siuf.org for more information. The SIU Foundation endowment is invested as follows: