Charitable Gifts
Annual gift income as defined by the Council for Advancement and Support of Education and the National Association of College and Business Officers. The Council for Aid to Education utilizes these national gift reporting standards in the annual Voluntary Support of Education survey. These numbers will not reconcile to the annual audited financial statements that use accounting standards.

Charitable gift receipts, also know 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
The 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 acertain event as stated in the terms governing the funds.



• Quasi-Endowment
  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.

External Support
External support is charitable gift receipts combined with grants and contracts revenue.

Grants and Contracts, Non-Capital
This data, reported from the audited financial statements, represents operating support to the institution derived from governmental grants and commercial contracts. These numbers do not include state general fund support.

Philanthropic Productivity
The data represents current year performance in developing philanthropic support for the institution. In addition to recognizing new gifts generated to support the institution, this measure acknowledges the important work achieved in securing ongoing commitments through multiyear pledges and support promised through testamentary provisions in wills and trusts.

Pledges
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 donor’s expressed intention for the use of the gift.

• Unrestricted
  Gifts given to the institution without any restriction, regardless of any subsequent designation by the institution.
  
  
• Restricted
  Gifts that have been restricted 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 Improvement)
  
  
  • 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.
  
  
  
• Endowment
  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
Sources of gifts are defined as those entities (individuals or organizations) that transmit the gift or grant to the institution.

• Alumni
  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.



• Parents
  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.



• Foundations
  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 foundations.



• Corporations
  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 foundations.
  
  
• Other Organizations
  Organizations not reported else where including religious and community organizations, fundraising consortia and any other non-governmental agencies.

Testamentary Commitments
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.