2022 REPORT ON ENDOWMENTS

Your Support Matters

Thank you for your commitment to UNLV and its future. Your endowed funds provide a perpetual and reliable source of funding to support our students, faculty, and programs. We are pleased to share with you the UNLV Foundation Endowment Report for Fiscal Year 2022 (July 1, 2021 through June 30, 2022).

Endowments give UNLV the confidence to set long term goals and successfully meet the educational demands of an ever-changing world. Your endowed fund(s) are pooled collectively in the UNLV Foundation Endowment Fund, which is overseen by the UNLV Foundation Board. Their objective is to adhere to a prudent investment strategy that will generate earnings each year and grow the value of the endowment over time.

In order to assure the stability of annual awards made from the endowment, a portion of the investment income is retained. Additionally, in order to mitigate fluctuating financial markets, the percentage of the investment that is transferred each year to fund scholarships and other programs is calculated based on a 12-quarter average of the fund’s market value. Over the past 12 quarters between July 1, 2019 and June 30, 2022, the UNLV Foundation Endowment grew from $234.1 million to $301.9 million.

Your endowed fund is helping to boost the vitality and sustainability of higher education. We are deeply grateful for your foresight and generosity.

With best wishes,

David D. Ross ’95, ’05 Chair, UNLV Foundation Board of Trustees

Rickey N. McCurry, J.D. President, UNLV Foundation VP, UNLV Philanthropy & Alumni Engagement