The Stony Brook Foundation has a strong financial track record to complement the thriving University it helps to support. Whether you want to assess the Stony Brook Foundation's finances in terms of its expanding total net assets, its endowment growth, or increases in funding for scholarships, fellowships, and awards, the financial information below will inspire growing confidence in the quality of Stony Brook's programs and the quality of financial management at the Stony Brook Foundation.
The following table provides a summary of financial highlights from fiscal year 2005-2006 to fiscal year 2009-2010:
|
Years ended June 30, |
2007 |
2008 |
2009 |
2010 |
2011 |
| Revenue: |
|
|
|
|
|
| Gifts & Gifts in Kind |
$17,641,880 |
$49,315,358 |
$81,549,495 |
$21,631,048 |
$23,450,982 |
| Non-Gift Revenue |
3,679,428 |
3,298,529 |
2,321,897 |
2,168,764 |
3,345,719 |
| Investment Income |
12,816,512 |
4,295,850 |
(19,885,335) |
9,015,661 |
15,758,832 |
| Total Revenue |
34,137,820 |
56,909,737 |
63,986,057 |
32,815,473 |
42,555,533 |
| Total Net Assets |
$126,351,479 |
$163,403,230 |
$203,485,654 |
$190,148,114 |
$190,296,094 |
| Endowment Growth
(net assets) |
$80,371,279 |
$102,498,646 |
$95,436,422 |
$101,139,145 |
$110,284,200 |
| Endowment Rate of Return |
14.29% |
3.04% |
-17.60% |
8.2% |
10.4% |
Three statistics above deserve special emphasis. First, the growth in total net assets from $110.4 million to $190.1 million over the last five fiscal years helps to document the increasing financial power that the Stony Brook Foundation offers its University community:
Second, the endowment growth over a five-year period highlights significant progress in an area that can help to bring long-term financial stability to the University. This financial advantage will help the University's ability to maintain its track record for excellence in the years to come:
In addition to providing a testament to our donors' generosity, the endowment growth provides a dramatic demonstration of the financial acuity of our SBF investment specialists. Even in difficult economic times, these dedicated experts outperformed the market. Stony Brook Foundation's rate of return on its endowment demonstrates how gifts to the Stony Brook Foundation endowment are solid investments for a University community with an increasingly bright financial future.
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