TWU University Advancement - Foundation Annual Report 2023
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FINANCIAL POSITION<br />
The following represents the condensed financials for the fiscal years<br />
ending June 30, 2022 and <strong>2023</strong>, respectively, for the Texas Woman’s<br />
<strong>University</strong> <strong>Foundation</strong>. The <strong>TWU</strong> <strong>Foundation</strong> financials are audited by<br />
Hankins, Eastup, Deaton, Tonn & Seay P.C. of Denton, TX.<br />
FY23*<br />
FY22<br />
TOTAL ASSETS<br />
TOTAL LIABILITIES<br />
TOTAL NET ASSETS<br />
INVESTMENT GAINS (LOSSES)<br />
TOTAL CHANGE IN NET ASSETS<br />
$108,098,874<br />
$2,037,662<br />
$106,061,212<br />
$8,367,337<br />
$10,829,703<br />
$95,238,144<br />
$6,635<br />
$95,231,509<br />
($10,550,187)<br />
($5,624,404)<br />
*Unaudited Numbers<br />
As permanent, self-sustaining funding, gifts to establish endowments<br />
provide great opportunity for Texas Woman’s. Because these funds are<br />
invested and the generated income is used to support the university,<br />
endowments produce stable and flexible support for students, programs<br />
and faculty.<br />
FY23*<br />
FY22<br />
ENDOWMENT<br />
PORTFOLIO VALUE<br />
$95,321,745<br />
$80,843,434<br />
ENDOWMENT<br />
DISTRIBUTION<br />
$3,301,615<br />
$3,015,529<br />
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