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Financial Report 2010-2011FHSU Foundation

Total Gifts Receipted

We gratefully acknowledge the support given by FHSU alumni, friends, faculty, staff and students.

The FHSU Foundation’s statistics published here represent its financial standing as of June 30, 2011, the end of the most current fiscal year.

An honor roll of every donor from whom a gift was received between July 1, 2010 and June 30, 2011, is available on the Foundation web site under the link “Donor Recognition” at foundation.fhsu.edu.

Deferred Gifts (since first year of record)

Donors of Gifts Purposes of Gifts$4.64 Million - 8,450 Donors$4.64 Million - 8,450 Donors

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Statements of Assets, Liabilities & Net Assets

Statements of Revenues and Expenses(Prepared on a cash basis)unaudited June 30, 2011 June 30, 2010REVENUES & GAINSContributions Major Gifts $ 2,603,995 $ 2,060,270 Bequests and Planned Gifts 529,172 3,577,047 Annual and Other 1,504,540 1,351,407 TOTAL CONTRIBUTIONS 4,637,707 6,988,724Investment return 2,055,560 4,088,133Other revenues 538,309 514,881TOTAL REVENUES $7,231,576 $11,591,738

EXPENSESScholarships $ 1,496,990 $ 1,471,074Other university support 1,251,269 1,889,892Foundation operating expenses 1,246,240 1,157,156Cornerstone Campaign expenses 2,595 21,120Campus Call expenses 32,847 31,311Other 41,547 67,128TOTAL EXPENSES $ 4,071,488 $ 4,637,681

Net Change for the Year 3,160,088 6,954,057 Net Assets at Beginning of Year 47,464,231 40,510,174Net Assets at End of Year 50,624,319 $47,464,231

(Prepared on a cash basis)unaudited June 30, 2011 June 30, 2010ASSETSCash $ 29,925 $ 39,401Investments at market 44,897,958 41,551,171Student loan program 307,102 241,735Art collection 51,574 38,999Land, buildings, and equipment, net 5,450,601 5,411,714Other investments 162,323 230,355Other assets 292,690 445,576TOTAL ASSETS $51,192,173 $47,958,951

LIABILITIES & NET ASSETS Liabilities $ 567,854 $ 494,720Net Assets 50,624,319 47,464,231TOTAL LIABILITIES & NET ASSETS $51,192,173 $47,958,951

As of June 30, 2011, the Foundation’s total assets increased to $51.2 million. The increase in value resulted from generous contributions and market recovery. We thank you for your contributions and support during the past year and look forward to your continued partnership in 2012.

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Long-Term Investment Performance

Designation of Net Assets

Growth of Assets

Investment Allocation

ScholarshipsDepartment and Capital Project Expenditures