22 22 Strategic Priority 2 PHILANTHROPIC RESOURCES Introduction 2010-2025 Performance Measure 2010 Baseline 2020 Actual 2025 Target Endowment fund market value $46.0M $132.2M $300.0M Cumulative gift commitments10 $10.8M $318.0M $500.0M Total annual employee giving rate 9% 36% 50% NSU, like many universities that lack substantial endowments, relies mainly on tuition and fees from academic programs as a primary income source. Thanks to Vision 2020, NSU increased its endowed market value from $46 million in 2010 to more than $132 million in 2020. In the last decade, cumulative gift commitments rose from $10.8 million to more than $318 million, and the annual employee giving rate climbed from 8.6 percent to 36 percent. Through these improvements and the enhanced targets for Vision 2025, NSU will continue to diversify its sources of income and reduce reliance on tuition and fees. Vision 2025 Strategic Business Goals
RkJQdWJsaXNoZXIy NDE4MDg=