2005-06 Annual Report
Click here to view the 2005-06 Annual Report in PDF format.
All private gifts to Bowling Green State University are administered through the Bowling Green State University Foundation Inc., a tax-exempt charitable foundation established in 1956 for the benefit of the University. The Foundation is governed by a board of directors, many of whom are business leaders with a strong background in finance. In 1956, the Foundation had assets of $10,000 in fewer than 10 funds. Fifty years later, Foundation assets have increased to $100.3 million in more than 1,500 fund accounts.
Aware of the pivotal role the Foundation plays in the University's transformation, the Foundation strives for optimum balance between investment return and potential risk. For guidance, the Foundation is governed by a Board of Directors, with investment expertise provided specifically by the Board's Finance Committee. To ensure assets are secure and productive, the Board manages the portfolio according to carefully established policies and procedures.
We are pleased to report that for fiscal year 2005-06:
- Contributions to the Foundation totaled $10.9 million plus $1.0 million in gifts-in-kind.
- Total support provided to the University from the Foundation was $11.7 million.
- The endowment portfolio's total investment return of 7% exceeded our custom index by 170 basis points.
- The Foundation's five-year average return of 4.8% compared to the S&P 500 average of 3.3%.
- The Foundation's 4.0% funding policy for endowed funds provided approximately $2 million for distribution at June 30, 2006.
As Bowling Green State University continues building on our investments, the BGSU Foundation will continue to support those efforts by prudent and strategic management of the Foundation's resources.
Bowling Green State University Foundation, Inc.
Mileti Alumni Center
Bowling Green State University
Bowling Green, Ohio 43403
(419) 372-2551
(419-) 372-7697 Fax
