YOUR ENDOWMENT Your endowment is one of approximately 500 established at the Northern State University Foundation. Endowment gifts are permanently invested and the annual earnings are used according to each donor’s wishes to provide scholarships and to fund other initiatives at NSU. By establishing an endowment, you have made an important and long-lasting gift to support Northern State University. The NSU Foundation Investment Committee works to ensure your investment will meet both current and future needs of NSU students by following policies designed to generate a steady stream of earnings for annual payout while preserving and growing your original gift by reinvesting a portion of the annual earnings. INVESTMENT OVERVIEW The NSU Foundation Investment Committee proposes investment policy to the Board of Directors and oversees the endowment pool performance. The Committee follows guidelines established through the Uniform Prudent Management of Institutional Funds Act (UPMIFA) to provide long-term returns while maximizing funds currently available for scholarships and other endowment needs. Current investment objectives include allocating funds between equity, fixed income, and alternative investments (real estate and private equity) to meet targeted investment allocations. Both a floor and ceiling surround each target to allow for flexibility with market movement. The investment mix within each of the three main categories is determined by the Foundation’s investment advisors. NSU FOUNDATION ANNUAL ENDOWMENT REPORT $11,551,381 Board-Designated $41,679,512 Donor-Restricted $53,230,893 Total ENDOWMENT FUNDS Unaudited as of Dec. 31, 2023
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