Financial highlights
During the year ended June 30, 2000, the foundation's managed funds
increased to $574 million, reflecting an increase of $34 million in
assets over the past year. Total assets included $368 million held in
endowments, $75 million in real property and equipment, $68 million in
other investments and trusts, $37 million in other donated assets, and
$26 million in contributions receivable. During the fiscal year,
expenditures supporting various university projects and programs reached
a record high of $74 million.
Expenditures by College
| College or Area |
Total |
Student
Financial Aid |
Program Support |
| Agriculture | $2,081,010 | $258,966 | $1,822,044 |
| Architecture | 595,174 | 114,957 | 480,217 |
| Arts & Sciences | 2,984,861 | 265,274 | 2,719,587 |
| Business | 1,825,710 | 619,167 | 1,206,543 |
| Engineering | 9,134,971 | 1,328,818 | 7,806,153 |
| Natural Resources | 1,178,996 | 142,783 | 1,036,213 |
| Human Resources & Education | 1,430,051 | 103,351 | 1,326,700 |
| Veterinary Medicine | 1,508,673 | 277,259 | 1,231,414 |
| Athletics | 5,233,151 | 2,782,335 | 2,450,816 |
| Extension | 1,309,572 | 12,963 | 1,296,609 |
| General, Administrative and Capital | 46,307,765 | 2,564,595 | 43,743,170 |
| Total | $73,589,934 | $8,470,468 | $65,119,466 |
Expenditures by Function
 |
| 1999-2000 |
| A. Support to University Programs | $30,987,625 | 42.1% |
| B. Student Financial Assistance | 8,470,468 | 11.5% |
| C. University Capital Outlay | 10,495,373 | 14.3% |
| D. Fund Raising | 3,766,837 | 5.1% |
| E. Research Park | 3,725,823 | 5.1% |
| F. Hotel Roanoke | 14,966,290 | 20.3% |
| G. Management and General | 1,177,518 | 1.6% |
| Total | $73,589,934 | 100.0% |
Value of Trusts
Held by Virginia Tech Foundation
|
 |
| YEAR AMOUNT IN MILLIONS |
Consolidated Endowment Annual Return
Against the Cambridge Endowment Median Return
|
 |
Foundation Contributions
5-year trend
|
 |
| YEAR AMOUNT IN MILLIONS
Amounts are less than the total university giving levels due
to different accounting treatment of pledges and deferred gifts.
|
Revenue, Gains, and Other Support
1999-00
|
 |
| A. Contributions | $49,484,781 | 47.3% |
| B. Investment income | 11,888,150 | 11.4% |
| C. Net gains on investments | 14,426,414 | 13.8% |
| D. Rental income | 5,617,312 | 5.4% |
| E. Hotel Roanoke revenues | 13,775,143 | 13.2% |
| F. Other income | 9,346,294 | 8.9% |
| Total | $104,538,094 | 100.0% |
|
Foundation Expenditures
5-year trend
|
 |
| YEAR AMOUNT IN MILLIONS
|
Foundation Managed Funds
5-year trend
|
 |
| YEAR AMOUNT IN MILLIONS
|
Designation of Contributions
1999-00
|
 |
| A. Agriculture | $7,449,234 | 15.05% |
| B. Architecture | 811,118 | 1.64% |
| C. Arts & Sciences | 3,397,388 | 6.87% |
| D. Business | 2,151,417 | 4.35% |
| E. Engineering | 8,456,361 | 17.09% |
| F. Natural Resources | 893,458 | 1.80% |
| G. Human Resources and Education | 1,666,506 | 3.37% |
| H. Veterinary Medicine | 3,303,212 | 6.68% |
| I. Alumni Affairs | 136,634 | 0.28% |
| J. Athletics | 9,427,019 | 19.05% |
| K. Extension | 1,349,554 | 2.73% |
| L. Academic Affairs | 1,111,930 | 2.25% |
| M. Information Systems | 165,342 | 0.33% |
| N. International Programs | 21,586 | 0.04% |
| O. Research and Graduate Studies | 565,810 | 1.14% |
| P. Student Affairs | 461,669 | 0.93% |
| Q. General, Administrative and Capital | 6,705,787 | 13.55% |
| R. WVTF Public Radio | 1,410,756 | 2.85% |
| Total | $49,484,781 | 100.00% |
| Some amounts differ from the university giving levels due
to different accounting treatment of pledges and deferred gifts. |
|
|
