Generous Gifts Aid 2008-09 Fundraising Efforts
More than $6.8 million was donated to EMU during the last fiscal year, including $4,238,898 in cash gifts. Gifts-in-kind totaled $2,593,929. Approximately $1.7 million was designated for endowed scholarships and endowments, which are managed by the Foundation.
Endowment Market Value
The endowment ended the year at $36.3 million, including planned gifts managed by the Foundation of $961,000. But despite the market’s downward trends, the Foundation increased the amount it provides to EMU from endowments, due both to our market value averaging spending policy and because more endowments became eligible to spend. Current and future students will continue to benefit from the many gifts received on their behalf.
Funding Provided From Endowed Scholarships and Endowments
Endowed scholarships and endowments provide a continuous source of income to EMU’s students and programs. In fiscal year 2008-09, the University received $1,375,346 from the endowment.

2009 Annual Report
Click here to view the 2009 Foundation Annual Report and the 2009 Consolidated Financial Report, which represents the EMU Foundation and Eagle Crest Management Corp.