BGSU Foundation 2020 Financial Report

Thousands of Dollars

STATEMENT OF ACTIVITIES 2020 2019 2018
Revenue      

Contributions and gifts

$17,170 $21,115 $17,223

Gifts-in-kind

$277 * $721 $504

University support

$4,111 $4,031 $3,690
Interest and dividends $3,192 $3,415 $2,732
Net investment gains (losses) $3,412 $5,865 $8,275
Other revenue $665 $1,188 $1,125
Total Revenue $28,827 * $36,335 $33,549
       
Expenses      

Program services

$13,883 $13,074 $12,388

Capital projects

$5,699 $7,491 $701

Fundraising

$3,047 $3,146 $2,950

Operating

$2,191 $2,031 $1,508
Total Expenses $24,820 $25,742 $17,547
Split-interest agreements ($89) ($72) ($435)
Net change in assets $3,918 $10,521 $15,567

*Does not reflect the $10.5 million gift-in-kind recognition credit from Cedar Fair to BGSU, facilitated by the BGSU Foundation

STATEMENT OF FINANCIAL POSITION 2020 2019 2018
Cash $1,790 $1,414 $1,424
Net pledge receivables $8,904 $9,560 $12,357
Investments $194,205 $191,181 $177,917
Other assets $3,629 $2,001 $1,872
Total assets $208,528 $204,156 $193,570
       
Current liabilities $186 $293 $181
Annuities payable $3,200 $2,639 $2,686
Net assets $205,142 $201,224 $190,703
Total liabilities and net assets $208,528 $204,156 $193,570

FISCAL YEAR ANNUAL RESULTS

JULY 1 , 2019 - JUNE 30, 2020

10,173 Individuals gave in 2019-20

Gifts of $250 or less totaled: $1,141,963

FY20 Endowment Value: $155.7 million

Student Emergency Fund supported students impacted by the pandemic with $194,180

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345 Corporations and Foundations gave in 2019-20

$5.5

Million total scholarship support from donor gifts

33% OF BGSU EMPLOYEES

DONATE TO THE UNIVERSITY

Total $ received in fiscal year 2020:

$28.6 MILLION

EVERY GIFT MATTERS.

THANK YOU!

Annual contributions also count toward the Changing Lives for the World Campaign for BGSU, the largest fundraising campaign in the University’s history. Changing Lives for the World is a statement that reflects who we are and what we do at Bowling Green State University.