WFAA engages alumni and donors to advance the mission of the University of Wisconsin–Madison. In the preceding pages, you’ve seen the work that WFAA does to generate support among alumni and friends, both by inspiring involvement and by soliciting financial gifts. We also invest those gifts in an effort to provide maximum return at reasonable risk to help ensure that your donations can aid the UW well into the future.
In the following pages, you’ll see a financial snapshot of WFAA’s performance from July 1, 2016, through June 30, 2017. We are past the halfway point in the All Ways Forward comprehensive campaign, and WFAA has grown the endowment from less than $2.0 billion to $2.7 billion between January 2013 and June 2017, while distributing approximately $1.1 billion to the university over that time.
In fiscal 2017, WFAA brought in some $338 million, with expenses of $53 million, meaning the cost of raising a dollar remains around 15 cents, even though expenses reflect a broader mission following the merger of the UW Foundation and WAA. Payments to the university reached $253 million this year. By the end of this campaign, private gifts will come close to the annual level of state support.
Fiscal 2017 was a good year for investments, and though returns change from year to year, WFAA is well positioned for growth. We take our role as a fiduciary seriously, and we are committed to transparency and efficiency. We aim to lower investment costs to increase returns for the university.
UW–Madison’s alumni and friends help to ensure that this remains 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.