10 YEAR ENDOWMENT GROWTH (2013–2022)$180$160$153.5MILLIONS$140$13561.9%$120$116.420192021$110.4$100$98$95.7$80$117.3$100.7$96.7$83.4$60201320142015201620172018Market Value (In Millions)20222023Growth RateThe market value of the Foundation’s total endowment investmentportfolio retracted to $135 million at the close of fiscal year 2022.Investment losses and endowment distributions were partially offsetby generous new gifts. Despite the market downturn in 2022, since theend of fiscal year 2013, the Boise State University Foundation’s totalendowment value has grown almost 62 percent (an annualized rate ofnearly 5.4 percent1) and has supported Boise State’s students, faculty,and research programs with more than $50 million in payout.Net of outflows and compounded annually113 | 2021–2022 ANNUAL REPORT
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