|Endowment Market Value|
Due to the significant downturn in the financial markets, the CSU experienced a 16 percent decrease in the value of the endowment during 2008-09, down to $717 million from $854 million in 2007-08.
In 2008-09, donors contributed $39 million in new gifts toward endowments, a decrease of 43 percent from the prior year. Over a three-year period, $158 million in new endowment gifts has been added to endowments throughout the CSU.
As state resources diminish, these assets are important for protecting the financial health of the institution as evident in the endowment earnings distribution. Collectively, CSU institutions distributed an average of over $30 million from endowment the past three years. This year, over $26 million was distributed in support of the university’s students, faculty and programs.
Negatively affected by the turmoil in the financial markets, the system experienced a 17 percent loss in investment returns during 2008-09. Peer group and systemwide investment returns are presented as dollar-weighted averages.
Endowment Investment Performance
|>$100 m to <=$500 m||1||-18.50%|
|>$50 m to <=$100 m||2||-15.91%|
|>$25 m to <=$50 m||7||-18.65%|
|Less than or <=$25 m||13||-15.74%|
2008/2009 CSU Median = -16.2%