2017 Financial Report c Components of Revenue 2016-2017
Net Tuition & Fees 62.6%
Sales & Services of Educ. Depts. 0.6% Shared Services 1.6% Other Sources 2.0% Contributions 7.8% (including endowment) Government Grants & Contracts 2.6% Return – Operations 1.2%
Auxiliary Enterprises 9.8% Return – Endowment Available Return – for Spending 4.1% Endowment Reinvested 7.7%
Components of Expenditures 2016-2017 v
Instruction 48.8%
Research 0.5% Public Service 4.0%
Auxiliary Enterprises 11.2%
Academic Support 6.5%
Hofstra University relies on the generosity and philanthropic support of alumni and friends. This investment in the University is critical to Hofstra’s long-term success. Here’s why: v Alumni support is measured by U.S. News & World Report and has a direct impact on the University’s ranking. Participation is critical. Our goal is to increase alumni participation each year. v Hofstra remains a university largely reliant on tuition. Your support and the growth of our endowment allow Hofstra to undertake new initiatives to maintain its excellent reputation. v Your gift provides for student scholarships, faculty support, and program initiatives, and overall operations at Hofstra. v Your investment in Hofstra will allow the University to reach its annual and long-term goals.
We need your help — every gift makes a difference!
Student Services 14.3% Technology & Telecommunications 3.6% Public Safety 2.7% Public Relations 2.3% Development 1.4% Finance & Audit 1.9%
Other Institutional Support 0.2% Executive Office 0.9% Legal & Human Resources 0.4% Insurance 1.3%
Total Institutional Support 14.7%
Scholarships 55.0%
c Endowment Market Value August 31, 2017
Facilities 22.6%
Other 6.6% Medical School Support* 1.6% Centers & Lectures 3.1% Endowed Professorships 3.1% Law School Support* 3.6% Endowed Chairs 4.4% *Excludes endowments specifically designated for scholarships, chairs, and professorships.
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