Other sections of this report have described the great work of the Wisconsin Foundation and Alumni Association: by serving alumni and by raising donations, WFAA is helping to advance the mission of the University of Wisconsin–Madison. One of the ways that WFAA helps to keep the UW strong and stable is by stewarding its financial resources — investing funds carefully and disbursing them in accordance with donor wishes. Through its constituent organizations, the UW Foundation and the Wisconsin Alumni Association, WFAA has been carrying on a tradition of generating and stewarding donations for decades — since alumni took a lead role in raising funds for the construction of Memorial Union.
Our finance section offers a snapshot of how WFAA is doing overall and at the halfway point of the All Ways Forward comprehensive campaign. Over the last five years, the value of the endowment has grown from $1.8 billion to $2.4 billion. WFAA’s cost of raising a dollar has steadily declined and is now averaging about 10 cents. The total payments to the university for the first half of 2016 topped $159 million.
As you read this report, please keep in mind two major adjustments that occurred in recent years. On July 1, 2014, the UW Foundation merged with the Wisconsin Alumni Association to create WFAA. Though for simplicity, the charts and tables refer to WFAA, numbers prior to that date come from the UW Foundation only.
And during 2016, WFAA changed its fiscal year to match UW–Madison’s, beginning July 1 and ending June 30. As a result, this report includes our prior year, ended December 31, 2015, and our “short” (six-month) fiscal period ended June 30, 2016.
UW–Madison’s alumni and friends are helping to ensure that this is a world-class university for generations to come. You do this by making gifts both large and small, by advocating for the university in Wisconsin and nationally, by mentoring students and fellow grads, and in many other ways. Thank you for your ongoing support.