FY23 Online Annual Report - Flipbook - Page 17
Scholarships, General Endowment
43.7%
12.7%
FOUNDATION
DISTRIBUTION TO
THE UNIVERSITY
(by percentage)
Academic Programs
University-Wide Support
Athletic Programs
11.7%
31.9%
ENDOWED SCHOLARSHIPS AFFORD
UNDERGRADUATE STUDENTS THE
FREEDOM TO PURSUE THEIR DEGREES
WITHOUT BEING UNDULY CONSTRAINED
This fiscal year, 32% of the Foundation’s
BY A LACK OF FUNDING.
total distribution to the University came
THIS YEAR, DONORS CONTRIBUTED
from endowment payout.
This payout, in excess of $7 million,
was distributed to augment the
MORE THAN $6 MILLION KICKING OFF
THE WHAT’S NEXT INITIATIVE,
THE ATHLETICS DEPARTMENT’S
University’s operating budget in many
AMBITIOUS GAME DAY ENHANCEMENT
critical areas, including student financial
PROJECT FOR ALBERTSONS STADIUM.
aid and research/academic program
support. These funds facilitate Boise
State’s research and education mission
in many valuable ways.
THE AVAILABILITY OF ENDOWED
CHAIRS PLAYED AN IMPORTANT ROLE
IN RECRUITING 4 NEW OUTSTANDING
FACULTY TO BOISE STATE IN 2022.
40.1%
Student Financial Aid
12.4%
Chairs and Professorships
ENDOWMENT
PAYOUT BY AREA
(by percentage)
7.2%
Research, Instruction
and Academic Support
Athletic Scholarship
and Program Support
7.2%
33.1%
General Support, Including
Foundational Operations
17 | 2021–2022 ANNUAL REPORT
