The University of Wisconsin Foundation staff and Board of Directors believe strongly that expense management is a top priority in achieving good stewardship. An important part of stewardship for a charitable organization is the ratio of administrative expenses to contributions. The figures below show WFAA’s administrative expenses compared to new gifts and pledges for the past five and one-half years. Administrative expenses, excluding investment expenses, are compared to contributions to reflect the cost of raising a dollar. Total administrative expenses include investment expenses incurred by WFAA’s investment activity. These expenses are paid directly from the individual investment funds. Over this period, WFAA’s average cost of raising a dollar has been 10.4 percent, well below the national average. The period from 2011 through 2015 shows figures for the 12 months of the calendar year. The 2016 figures show results for only six months, January to June, due to a shift in WFAA’s fiscal year. The bulk of contributions tend to arrive in the second half of the year, and thus WFAA’s cost of raising a dollar appears artificially high in the most recent, six-month period.

University of Wisconsin Foundation Administrative Expenses

as a percent of contributions

Administrative Expenses (excluding investment expenses)
Total Contributions
Administrative Expenses
(excluding investment expenses) as a % of Contributions
5-year totals$182,222,806$1,751,417,37110.4%

*2016 row covers six-month period ended June 30.