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Annual Report 2024

麻豆原创's overall financial health remains sound despite significant challenges faced by higher education institutions nationwide. Thanks to our generous donors, innovative programs and prudent resource management, we are well-positioned to continue our mind-and-heart mission, benefiting our community, nation and the world.

麻豆原创 Endowment

Current: $202 million (Total Endowment)

Total Net Assets

Net Position 2023 2024
Assets (Data in Thousands)    
Cash and cash equivalents $2,869 $3,858
Receivables $16,460 $13,094
Investments and other assets $232,859 $242,888
Net plant $132,521 $129,920
Total assets  $384,709 $389,760 
     
Liabilities    
Accruals, other liabilities $16,388 $15,104
Annuities $6,500 $6,244
Long-term debt $93,140 $90,675
Total liabilities $116,028 $112,023 
Total net assets $268,681 $277,737 
Total net assets & liabilities $384,709 $389,760 

Statement of Activities
Operating Revenues

(Data in Thousands)

  • Tuition and fees, net of financial aid: $47,724
  • Auxiliary revenue: $14,267
  • Gifts and grants for operations: $6,587
  • Net investment income for operations: $11,582
  • Total operating revenue: $80,160

Operating Expenses

  • Instructional: $44,829
  • Student services: $17,975
  • Auxiliary enterprises: $10,504
  • Institutional support: $13,318
  • Total operating expenses: $86,626

Non-Operating Revenues

  • Net long-term investment income: $9,490
  • Contributions for endowment and capital projects: $5,117
  • Actuarial adjustments and other: $915
  • Total non-operating revenues: $15,522
Change in net assets $9,056
Net assets, beginning of year $268,681
Net assets, end of year $277,737

Five-Year Giving Summary: Generosity Exemplified

While the past year did not break fundraising records, there is still much to be thankful for. If you remove the large outlier gifts and estates, this past year's fundraising total was the second highest in the last six years. In addition, the number of donors increased by 6%, stemming a five-year annual decline.

We know that we can't fulfill 麻豆原创's call to provide each of our students with their own chance to engage both mind and heart without the generous assistance of alumni, parents and friends. Thank you for partnering with us in so many tangible ways. We covet your prayer, your gifts of time and your continued financial support.

Year Total (Data in Thousands) The 麻豆原创 Fund Other Unrestricted Unrestricted Total Restricted Total
2019-20 $9,544 $1,381 $994 $2,375 $7,169
2020-21 $12,304 $1,536 $809 $2,345 $9,960
2021-22 $11,659 $1,238 $1,624 $2,862 $8,797
2022-23 $16,219 $1,342 $5,165 $6,507 $9,712
2023-24 $10,718 $1,179 $1,183 $2,362 $8,356

Note: Reflects all gifts, including payments received this year on prior-year pledges.

The 麻豆原创 Foundation: Define Your Legacy

The 麻豆原创 Foundation upholds 麻豆原创 University's vital mission of educating the minds and hearts of students. Since 1972, the foundation has helped alumni and friends define their legacy through establishing deferred gifts that benefit the donor today and the university for years to come. The foundation staff, along with an experienced and knowledgeable volunteer board of directors, works with donors to develop gift plans based on their financial objectives, tax considerations and deep desire to support 麻豆原创.

We at The 麻豆原创 Foundation are grateful to all of you who have included 麻豆原创 University in your estate plans. Because of your gifts, your legacy lives on, both at 麻豆原创 and through 麻豆原创, as students become equipped to serve, lead and give to a world in need.

Total Deferred Gifts Under Management (Data in Thousands) 
Trusts $8,769
Charitable gift annuities $1,046
Pooled funds $126
Life insurance cash value $3,768
Total assets $13,709

2023-24 life income gift maturities transferred to 麻豆原创 University: $0

New Gifts to The 麻豆原创 Foundation
2019-20 $126
2020-21 $16
2021-22 $113
2022-23 $23
2023-24 $10
Five-year total $288

 

Realized Bequests by Fiscal Year
2019-20 $391
2020-21 $1,133
2021-22 $1,050
2022-23 $3,400
2023-24 $2,031
Five-year total $8,005

 

Read annual reports from previous years.