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After many years of steady growth, the foundation's managed funds declined by $23 million, ending the year at a value of $601 million. The performance of the investment market and the weak economy were contributing factors in this decline. Despite the downward turn in the market following the events of September 11, private giving remained strong. Foundation revenues totaled $66 million, while expenditures supporting various university projects and programs accounted for $78 million of the foundation's total expenses and losses.
| College or Area | Total | Student Financial Aid | Program Support |
|---|---|---|---|
| Agriculture | $2,995,772 | $396,554 | $2,599,218 |
| Architecture | 397,376 | 131,114 | 266,262 |
| Arts & Sciences | 2,545,693 | 316,877 | 2,228,816 |
| Business | 2,665,415 | 878,669 | 1,786,746 |
| Engineering | 11,431,802 | 1,683,931 | 9,747,871 |
| Human Resources and Education | 1,298,653 | 122,736 | 1,175,917 |
| Natural Resources | 1,899,977 | 284,406 | 1,615,571 |
| Veterinary Medicine | 1,750,097 | 430,297 | 1,319,800 |
| Athletics | 6,741,545 | 3,042,534 | 3,699,011 |
| 4-H Foundations and Centers | 2,046,142 | - | 2,046,142 |
| Corps of Cadets | 787,195 | 637,735 | 149,460 |
| General* | 53,438,406 | 1,938,383 | 51,500,023 |
| Total | $87,998,073 | $9,863,236 | $78,134,837 |
*includes revaluation of intellectual property
Amounts differ from university giving levels due to different accounting treatment of pledges, deferred gifts, and grants
| A. | Contributions | $49,142,001 | 74.5% |
| B. | Investment income | 9,899,364 | 15.0% |
| C. | Net loss on investments | (24,752,035) | -37.5% |
| D. | Rental income | 7,610,292 | 11.5% |
| E. | Hotel Roanoke revenues | 14,523,561 | 22.0% |
| F. | Other income | 9,554,017 | 14.5% |
| Total | $65,977,200 | 100.0% |
| A. Support to University Programs | $35,514,458 | 40.4% |
| B. Student Financial Assistance | 9,863,236 | 11.2% |
| C. University Capital Outlay | 5,619,956 | 6.4% |
| D. Fund Raising | 6,558,510 | 7.5% |
| E. Research Park | 3,944,748 | 4.5% |
| F. Hotel Roanoke | 14,787,437 | 16.8% |
| G. Management and General | 1,358,132 | 1.5% |
| H. Revaluation of Intellectual Property | 10,351,596 | 11.7% |
| Total | $87,998,073 | 100.0% |
|---|
| A. Agriculture | $1,678,245 | 3.4% |
| B. Architecture | 1,485,855 | 3.0% |
| C. Arts & Sciences | 5,111,454 | 10.4% |
| D. Business | 1,564,923 | 3.2% |
| E. Engineering | 5,777,394 | 11.8% |
| F. Natural Resources | 795,714 | 1.6% |
| G. Human Resources and Education | 1,294,304 | 2.6% |
| H. Veterinary Medicine | 893,484 | 1.8% |
| I. Alumni Affairs | 6,696,250 | 13.6% |
| J. Athletics | 12,510,177 | 25.5% |
| K. 4-H Foundation and Centers | 2,213,789 | 4.5% |
| L. Academic Affairs | 2,095,964 | 4.3% |
| M. Research and Graduate Studies | 653,499 | 1.3% |
| N. Student Affairs | 82,128 | 0.2% |
| O. General | 3,790,996 | 7.7% |
| P. Corps of Cadets | 887,336 | 1.8% |
| Q. WVTF Public Radio | 1,610,489 | 3.3% |
| Total | $49,142,001 | 100.0% |