Foundation Update & Financial Reports
As of June 30, 2022, the Foundation surpassed $439 million in total assets, rightly claiming 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.
Thanks to sound investment and spending policies coupled with the immense generosity of our incredible donors, there is much to celebrate. $64.6 million was raised in FY22, beating the previous year’s record by over $10 million! We are grateful to the Vandal Family and all who partner with the University of Idaho as we reach these new milestones and champion a Brave. Bold. Unstoppable. University of Idaho.
This past fiscal year, a record 114 new endowments were established, bringing the total number of named endowments to 1,782. Endowments ensure the continuation of excellence for our campus and its students by providing perpetual funding the university can depend on. Since 1959, the endowment has distributed over $237 million to support students and programs at the University of Idaho, with $33.5 million distributed to the university for scholarships and academic programs during the 2021-22 academic year.
We are so grateful to our generous donors for all they have done and continue to do to ensure continued excellence in teaching, research and outreach at the University of Idaho, helping grow our students today into the successful leaders of tomorrow. On behalf of Vandals everywhere, we thank you.