Annual gift income as defined by the Council for
Advancement and Support of Education and the National Association
of College and University Business Officers. The Council for
Aid to Education utilizes these national standards in the
annual Voluntary Support of Education survey.
Charitable gifts, also known as voluntary support, represents
all gift income received in the form of cash, securities,
in-kind contributions, irrevocable future commitments and
private charitable grants. For the purposes of this report,
gifts are counted at face value.
Endowment Market Value
Includes assets held by both the foundation and institution
in all of the following categories:
- True endowment
Funds provided to the institution, the principal of which
is not expendable by the institution under the terms of
the agreement that created the fund.
- Term endowment
Similar to true endowment except that all or part of the
funds may be expended after a stated period or upon the
occurrence of a certain event as stated in the terms governing
Funds functioning as endowment such as surplus funds that
have been added to the endowment fund, the principal of
which may be spent at the discretion of the governing board.
The combined total of philanthropic support and special
Gift commitments paid in installments over a period
of time, not to exceed five years. Pledges must be documented
and are counted at face value.
Purpose of Gift
Refers to the donor’s expressed intention for the use
of the gift.
Gifts given to the institution without any restriction,
regardless of any subsequent designation by the institution.
Gifts that have been designated to support academic divisions,
athletics, faculty compensation, research, public service,
library operations, physical plant maintenance, student
financial aid or other restricted purposes.
- Property, Buildings and Equipment (Campus
- Outright gifts of real and personal property for the
use of the institution;
- Gifts made for the purpose of purchasing buildings,
other facilities, equipment and land for the institution;
- Gifts restricted for construction or major renovation
of buildings and other facilities; and
- Gifts made for retirement of indebtedness.
Funds to be retained and invested for income-producing purposes.
- Loan Funds
Outright gifts restricted by donors to be available for
loans to students, faculty and staff.
- Deferred Gifts
Irrevocable commitments such as charitable gift annuities,
charitable remainder trusts (including those administered
outside the institution), gifts to pooled income funds and
remainder interests in property.
Source of Gift
Those entities (individuals or organizations) that transmit
the gift or grant to the institution.
Former undergraduate or graduate students who have earned
some credit toward one of the degrees, certificates or diplomas
offered by the institution. It is within the discretion
of each university to limit alumni status to individuals
who have obtained a degree and/or credential.
Gifts from persons, other than alumni, who are the parents,
guardians or grandparents of current or former students
at the institution. An affiliation as an alumnus takes precedence
over that of a parent for the purpose of this report.
- Other individuals
All other persons, including governing board members, who
are not classified as either an alumni or parent.
Personal/family foundations and other foundations and trusts
that are private tax-exempt entities operated exclusively
for charitable purposes. It does not include company-sponsored
Gifts from corporations, partnerships and cooperatives that
have been organized for profit-making purposes, including
corporations owned by individuals and families and other
closely held companies. This category also includes company-sponsored
- Other Organizations
Organizations not reported elsewhere including religious
and community organizations, fundraising consortia and any
other nongovernmental agencies.
The following types of funds are specifically excluded from
fundraising results reported on the national Voluntary Support
of Education survey. The CSU collects this special revenue
data as supplementary information.
- Commercial Sponsorships
Sponsorships that do not meet the IRS standard of definition
for a charitable gift such as:
- Arrangements where a contributor receives or expects
to receive a benefit, such as product advertising or
an exclusive vendor relationship; or
- Contributions of service.
Business arrangements where there is an expectation of economic
benefit with assignments of roles and responsibilities between
two or more parties. Generally, the funding source maintains
all or partial ownership of real or intellectual property.
- Government and Proprietary Grants
Grants from local, state, county or federal entities including
foreign nations and Indian tribes, sponsored research/proprietary
grants with a quid pro quo provision, and all clinical trial
income regardless of the terminology used by the granting
- Government Property Transfers
In-kind contributions of property from local, state or federal
entities including foreign nations and Indian tribes.
- Endowment Distribution
Investment return on endowments and state trust accounts
(permanently designated funds) that have been withdrawn
and utilized to enhance the university in the reporting
New estate provisions made in a will or through a revocable
trust for individuals 62 years or older for which the institution
has documentation. These provisions are counted at face value.