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
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.