PRESIDENT'S REPORT 2020 | OUR FIRST 50
CELEBRATING OUR FIRST 50
51
OUR WORLDWIDE FAMILY OF ASSOCIATES AT WORK 2018/19 YEAR-END FIGURES
DESIGNATION OF DONATIONS
General
Various*
Scholarships
Total
11.5%
2.6%
Contributions Received
$52,769,806
Endowments
5.1%
Interest Income from Endowments
$31,853,276
39.4%
Endowment Fund Balance (as of 30/9/19)
$784,617,076
Research
13.2%
Notes: Contribution figures are gross and do not reflect local fundraising charges. | All figures are approximate due to fluctuating exchange and interest rates. | Endowment balance includes $496.16 million in the Marcus Fund and approximately $54.61 million in endowment funds held in the US by and on behalf of AABGU (this figure does not include approximately $24 million in trust funds held by and on behalf of AABGU). | 2018/19 interest income figure above represents the income distributed on endowments held in Israel (3.5%); $22.04 million income released from the Marcus Fund; and $1,295,177 (4%) income released on endowment funds held in the US by and on behalf of AABGU.
28.2%
Construction
*Various: Leadership training; community involvement; support for certain centers/institutes; fellowships and scholarships outside the operating budget; faculty development; special projects; pending designation.
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