Foundation Update & Financial Reports
As of June 30, 2021 the Foundation surpassed $460 million in total assets, an increase of nearly $100 million in the past year. The Foundation rightly claims its place as the largest public foundation in the state. We are proud to manage these critical resources honoring our donors’ wishes as we support the university and its efforts to expand the institution’s intellectual and economic impact while making higher education accessible and relevant to students of all backgrounds.
A combination of strong financial markets and the generosity of our amazing donors means there is so much to celebrate. We are grateful to the Vandal Family and our friends as we reach these new milestones.
The power of momentum is at work, not only for the Foundation but also for our treasured University of Idaho. Donations to the Foundation increased by 35% from the previous year, with alumni and friends contributing $34 million in fiscal year 20- 21, eclipsing the five-year average of $20 million per year.
This past fiscal year, 54 new endowments were established, bringing the total number of named endowments to 1,668. Endowments ensure the continuation of excellence for our campus and its students by providing perpetual funding the university can depend on. In just the past decade, the endowment has distributed over $103 million to support students and programs at the University of Idaho.
We are so grateful to our generous donors for all they have done and will do to ensure continued excellence at the University of Idaho. On behalf of all Vandals, we thank you!