Endowment Report 2016
Total Endowment on December 31, 2016 • $59.38M
The chart above represents the fair market value of the endowment for each calendar year over a five year period. As of December 31, 2016 the Seminole Boosters, Inc. Athletic Scholarship Fund consisted of a total of 601 endowments. The total market value of the endowment accounts on December 31, 2016 was $59.4 million.
Total Endowment Activity Financial Statement
1, 2016 – December 31, 2016
2016
ENDOWMENT HIGHLIGHTS
Calendar Year 2016:
The Seminole Boosters Athletic Scholarship Endowment increased by $3.1 million to $59.4 million.
Seminole Boosters, Inc. provided a total of $11.0 million in 2016 for Athletic Department Scholarships, with $1.0 million coming directly from the Seminole Boosters Athletic Scholarship Endowment.
In the past five years:
The Seminole Boosters Athletic Scholarship Endowment asset value increased by $10.3 million.
Over the five year period ending December 31, 2016
Seminole Boosters, Inc. provided a total of $46.4 million for Athletic Department Scholarships, with $8.9 million coming directly from the Seminole Boosters Athletic Scholarship Endowment.
Deferred Giving: This endowment report is reflective of current assets under management. Any deferred commitments towards the endowment are currently recognized in the Custodes Lampadis Society and will not receive endowment reports or be included in the endowment total until realized.
Real Estate: Endowment real estate was appraised during the 2016 calendar year and all changes in value have been recorded.
Glossary of Terms Related to Financial Summary
Market Value of Endowment: Value of the endowment at a point in time.
Total Gifts Received: The sum of gifts received for the calendar year ending December 31, 2016.
Net Appreciation: The realized and unrealized gains and losses earned by the Seminole Boosters Athletic Scholarship Endowment Fund for the calendar year ending December 31, 2016.
Net Expenditures: The expenditures and Seminole Boosters, Inc. administrative fee paid for the calendar year ending December 31, 2016.
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