FOUNDATION REPORT
AN ENDURING FOUNDATION
The University of Georgia Foundation was established in 1937 during one of the nation’s most challenging moments: The Great Depression. Its purpose was and remains to support the University of Georgia, its students, faculty, and programs.
The Foundation has since endured another 12 recessions, including the financial crisis in 2008. During its 83-year history, it has continued to support UGA through many global crises.
Today, the Foundation manages $1.3 billion in assets, more than $1 billion of which is endowed, and provides an average of more than $70 million annually to UGA to advance its mission of teaching, research, and service. The foundation and its 50-member board of trustees will continue supporting the university through the Covid-19 global pandemic and its economic aftershocks.
This past fiscal year, the Commit to Georgia Campaign concluded successfully—despite the challenges facing it at the finish line. Now, more than ever, uga will rely on the continued support of generous donors and the steady investment acumen of the UGA foundation trustees.
FOUNDATION SUPPORT OF UGA
LONG-TERM INVESTMENT RETURN*
ENDOWMENTS: CREATING A LEGACY OF GENEROSITY
An endowment is an opportunity for a donor to create a permanent legacy at the University of Georgia and allow future generations to benefit from today’s generosity. When an endowment is established with a new donation, the gift is invested with two goals in mind: to provide spendable income for the donor’s specified purpose and to grow the principal faster than inflation. Any investment return that exceeds allowed spending is channeled back into the fund to increase growth.
*The Foundation’s fiscal year ended June 30. Investment returns in the print edition of this report are preliminary, with some investment managers not yet reporting as of the date of publication. However, the investment returns represented in the online report are final.
UGA FOUNDATION'S INVESTMENT PORTFOLOIO ALLOCATION
| ASSET CLASS | POLICY RANGE FOR ALLOCATION | ASSET CHARACTERISTICS |
|---|---|---|
| PUBLICLY TRADED EQUITIES | 35.0%-65.0% | Capital appreciation, global diversification, highly liquid |
| CASH AND FIXED INCOME | 0.0%-25.0% | Capital preservation and income, highly liquid |
| PRIVATE EQUITY | 7.0%-20.0% | High return potential, illiquid |
| FLEXIBLE CAPITAL | 10.0%-20.0% | Moderate return potential with reduced volatility |
| REAL ASSETS | 5.0%-15.0% | Inflation hedge and income generation |