FY23 Online Annual Report - Flipbook - Page 13
10 YEAR ENDOWMENT GROWTH (2013–2022)
$180
$160
$153.5
MILLIONS
$140
$135
61.9%
$120
$116.4
2019
2021
$110.4
$100
$98
$95.7
$80
$117.3
$100.7
$96.7
$83.4
$60
2013
2014
2015
2016
2017
2018
Market Value (In Millions)
2022
2023
Growth Rate
The market value of the Foundation’s total endowment investment
portfolio retracted to $135 million at the close of fiscal year 2022.
Investment losses and endowment distributions were partially offset
by generous new gifts. Despite the market downturn in 2022, since the
end of fiscal year 2013, the Boise State University Foundation’s total
endowment value has grown almost 62 percent (an annualized rate of
nearly 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 annually
1
13 | 2021–2022 ANNUAL REPORT
