About UCSD Alumni
Statement of Budget*
OUR M I SS I O N
SOURCE OF FUN DS
UCSD Alumni, part of the larger Alumni and Community Engagement team, promotes affinity, enriches lives, encourages engagement, instills a culture of philanthropy and serves those who wish to remain on the forefront of personal, intellectual and professional pursuits, so that our Triton Family — and UC San Diego — always remains world class.
Loyalty Fund Transfers Ordinary Income Royalty Programs
$ 2 20,000 $ 118,280 $ 187,595
Total:
$ 525,875
USE OF FUN DS F I N AN CI A L O V E R V I E W
Alumni endowments, which grew 10 percent over the prior year, continued to generate funds for scholarships and programs for deserving students, alumni and the campus community. Since the first scholarships were awarded in 1995, UCSD Alumni has supported 611 students with $1.5 million of critically needed funds. As of June 30, 2013, the market value of UCSD Alumni endowments had reached $7.2 million. Scholarship endowments constitute $5 million, representing named or designated alumni scholarship funds, the Black Alumni Fund and Student Foundation Funds. Annual income from gifts made to the Alumni Benefactor Loyalty endowment, valued at $2.2 million, provides a sustainable and steady level of support to operations. The University provides financial resources to develop and deliver alumni programs and services as part of a comprehensive budget that supports alumni, student and community engagement. The budget is further supported by funds generated by UCSD Alumni. The 2012 –13 operating budget was $8.5 million, of which $525,875 was generated by the Alumni Association through Loyalty Fund transfers, ordinary income and royalty programs.
Operations Programs and Services Signature Weekends Scholarships and Gifts
$ 207,375 $ 175,000 $ 97,264 $ 46,236
Total:
$ 525,875
*
July 1, 2012 – June 30, 2013