BGU | PRESIDENT'S REPORT 2024

OUR WORLDWIDE FAMILY OF ASSOCIATES AT WORK 2022/23 YEAR-END FIGURES

DESIGNATION OF DONATIONS

Total

$45,365,706

Contributions Received

Interest Income from Endowments $30,983,106 Endowment Fund Balance (as of 30/9/2023) $760,425,099

2.3%

Operating 12.7%

Scholarships

Construction 32.6%

15.8% Research

1. Contribution figures are gross and do not reflect local fundraising charges. 2. All figures are approximate due to fluctuating exchange and interest rates. 3. Endowment balance includes $474.3 million in the Marcus Fund and approximately $59.6 million in endowment funds held in the US by and on behalf of A4BGU. (The figure does not include approximately $23.4 million in trust funds held by and on behalf of A4BGU). 4. 2022/23 income distribution figure above represents the income distributed on endowments held in Israel (4%); $19.77 million income released from the Marcus Fund; and $1.95 million (4%) income released on endowment funds held in the U.S. by and on behalf of A4BGU.

3.6%

Various* 33.1%

Endowments

* Various: Leadership training; community involvement; support for certain centers/institutes; fellowships and scholarships outside the operating budget; faculty development; special projects; pending designation.

for granted the invaluable contributions of the volunteer leadership in each location. These individuals consistently ask themselves what they can do to spread the word of BGU to wider audiences. By sharing our story, introducing us to their networks, and giving generously, they are enabling our success. We deeply appreciate every one of them and recognize the impact of their dedication. As we navigate the next years of the campaign, we remain dedicated to overcoming obstacles and realizing the full potential of our initiatives. The continued support and engagement of our global community have proven indispensable, and I am confident that, together, we will achieve our shared objectives.

Lloyd Goldman, Chairman of the Board of Governors, with Aviva Barach, liason to the Board, at the Opening Plenary of the 2023 BOG meeting. Photo: Wolfgang Motzafi-Haller Jeff Kaye with Toni Young at the meeting of the Global Development Committee at the 2023 BOG meeting

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President's Report 2024