Fiscal year financial report
Your generosity is an investment in the University of Colorado and in our society’s future. Thank you for your passion for CU and your vision for what’s important to you.
Here’s how donors like you helped us imagine greater possibilities in 2023.
66,894 gifts
Your philanthropic partnership with CU ensures we continue to be a strategic solution in our world: Students attend and stay in college and then graduate to find meaningful careers and contribute to their communities. Researchers make astonishing breakthroughs that lift humanity. Creative minds stir our spirits through inventive arts and culture. And health care professionals advance tomorrow’s life-changing discoveries.
Last year, you gave in these areas:
to support student scholarships and fellowships
to catalyze research and discovery
to attract and retain the brightest faculty
to transform health, health care and lifesaving efforts
Who are our donors?
Last year, we were grateful to receive support from:
Alumni
Parents
Faculty and Staff
Friends
Corporations and Foundations
You imagine a bright future with your investments in CU
You give to create a better tomorrow. Gifts that establish and support endowments are investments in that future because they produce reliable funding for decades to come. CU’s collective endowment comprises thousands of individual endowments that, like current gifts, are directed toward a specific purpose directed by the donor. They include scholarships, faculty chairs, new programs and more.
CU’s endowment was valued at $2.1 billion to end fiscal year 2023. Here are the endowment’s values in recent years. (Values are in billions as of June 30 each year.)
3,443 total endowments benefit CU.
145 new endowments were created by donors last year.
$62 million was given to endowments last year.
The endowment is invested in the Long Term Investment Pool, or LTIP, which is broadly diversified across asset classes with a long-term horizon in mind. Here’s how the LTIP was invested in fiscal year 2023.
Here is the LTIP’s return compared to its policy benchmark. In fiscal year 2023, the LTIP returned a gain of 7.81% (net of fees) compared to a gain of 12.97% for our policy benchmark.
The Policy Benchmark, effective FY 2018, is a blend of 80% MSCI ACWI (equities) and 20% Barclays US Aggregate Bond Index (fixed income). Depending on the return period presented, historical benchmarks of 40% Russell 3000, 40% MSCI EAFE and 20% Barclays US Agg (FY 2009 – 2017) and 50% Russell 3000, 30% Barclays US Agg and 20% MSCI EAFE (fund inception – FY 2008) are components of the policy benchmark as applicable.
Find out more about philanthropic investments in CU by downloading our audited financials for fiscal year 2023.