Financial Report

Endowment Report

The market value of SMU's endowment was $1.16 billion at the end of May 2012, representing a decrease of $28 million compared to the market value at the end of May 2011. Endowment gifts from donors totaled $14.9 million for the year. Endowment distributions of $56.5 million provided significant support to University operations and accounted for 16 percent of the operating revenue budget. Through this spending support, many restricted and unrestricted purposes, such as scholarships, faculty support, educational programs and libraries, were funded.

The total return for the endowment for the one-year period ending May 31, 2012, was -0.9 percent. Private investments contributed positive performance. While public investments experienced significant volatility during the period and generated negative returns, they outperformed their benchmarks. The worrisome U.S. economy and geopolitical events have affected returns over the last year, and the future investment environment still looks to be challenging over the short term.

Generous gifts from donors and a continued, disciplined focus on investment strategies and opportunities will help the endowment grow over the long term, thereby providing support for SMU's programs and priorities into the future.

ENDOWMENT GROWTH AND TOTAL RETURN 1998-2012

2011-12 ENDOWMENT DISTRIBUTION AS A PERCENTAGE OF SMU REVENUE SOURCES (Educational and general budget)

2011-12 ENDOWMENT DISTRIBUTION BY DESIGNATED PURPOSE

ENDOWMENT POOL ASSET ALLOCATION