Endowment Gift Assets FY 06–07

The University Foundation has $32.35 million of its endowment invested in a carefully managed account under the advisement of Arnerich–Massena & Associates. The Foundation also holds an additional $2.77 million endowment invested with other professional managers.

The University Foundation maintains commitments in irrevocable charitable trusts and gift annuity accounts totaling $22,359,635. The General Funds, Scholarships, and Chico State Funds are additional assets for which documented guidelines and procedures restrict the usage. The Total Liabilities & Assets of the University Foundation exceed $67.8 million.

Total Assets 6-30-2007