Endowment Market Value ‘Best Ever’
The endowment value has topped the $50 million mark for the first time in EMU history. The value at June 30, 2007 was $50,611,186, an increase of nearly $5.8 million or 12.9 percent. The investment market has been fairly stable, with monthly returns ranging from a high of 2.9 percent in October 2006 to a low of negative 1.7 percent in June 2007. These steady monthly returns have resulted in a fiscal year return of 15.5 percent.
Where Gifts Were Directed in 2006-07
EMU’s colleges and departments received the largest percentage of private support in 2006-07. More than $2.6 million, or 63.4 percent of all fundraising, went to this area. Gifts-in-kind are included in this category. The next-largest category, at 28.5 percent, was gifts to endowed scholarships and other endowments. Expendable (current use) scholarships accounted for 4.5 percent of all current year giving.

2007 Annual Report
Click here to view the 2007 Foundation Annual Report and the 2007 Consolidated Financial Report, which represents the EMU Foundation and Eagle Crest Management Corp.