2024 Annual Report

Statement of Activities

REVENUE, GAINS (LOSSES), AND OTHER SUPPORT

FY 2022

FY 2021

FY 2020

FY 2019

FY 2024

FY 2023

473,497,285

351,322,995

378,419,715

383,703,656

304,160,374

341,625,459

Contributions

600,949,741

374,168,329

(466,213,412)

917,304,195

63,811,469

148,530,807

Investment return/(loss), net of fees

5,169,458

4,292,194

4,403,588

3,934,238

5,504,482

5,447,052

Other income

1,079,616,484

729,783,518

(83,390,109)

1,304,942,089

373,476,325

495,603,318

TOTAL

In fiscal 2024, WFAA transferred the largest total in payments to or for the University of Wisconsin in the Foundation’s history: more than $450 million to donor-designated accounts. That’s an increase of more than $100 million compared to the previous high, set in fiscal 2023. This marks the first time that WFAA has transferred more than $400 million and the eighth consecutive year that donors have contributed more than $300 million for the university.

EXPENSES

FY 2022

FY 2021

FY 2020

FY 2019

FY 2024

FY 2023

Payments to or for the University of Wisconsin

456,253,257

339,979,657

272,226,114

305,424,681

243,943,131

275,391,164

68,780,492

56,018,601

60,048,226

56,542,736

47,995,189

44,265,598

Administrative expenses

525,033,749

395,998,258

332,274,340

361,967,417

291,938,320

319,656,762

TOTAL

NET ASSETS

FY 2022

FY 2021

FY 2020

FY 2019

FY 2024

FY 2023

554,582,735

333,785,260

(415,664,449)

942,974,672

81,538,005

175,946,556

Increase/(Decrease) in net assets

4,883,759,509

4,549,974,249 4,965,638,698

4,022,664,026

3,941,126,021

3,765,179,465

Balance at beginning of year

5,438,342,244

4,883,759,509 4,549,974,249

4,965,638,698

4,022,664,026

3,941,126,021

BALANCE AT END OF YEAR