Your giving. Your impact.
When you invest in Augsburg, you’re not just supporting a university. You’re making a difference in students’ lives. Your gift creates opportunities for all our students to earn an award-worthy education that will help them discover and develop their talents and vocation, new perspectives and ideas, and a world of possibilities.
Below you will find impact statistics from the 203-2024 school year.
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- 435 Augsburg students received donor-funded endowed scholarships
- 345 donor-funded endowed scholarships are available at Augsburg
- $42 million awarded in institutional grants and scholarships
Endowment Market Value
- 2014: $38.3 million
- 2015: $40.5 million
- 2016: $39.4 million
- 2017: $43.9 million
- 2018: $48.2 million
- 2019: $50.7 million
- 2020: $54.1 million
- 2021: $68.3 million
- 2022: $70.6 million
- 2023: 70.7 million
What is an endowment?
“Endowment” is a collection of individual funds pooled together for investment purposes to provide annual financial support for all the university such as teaching, research, financial aid, and maintenance. Endowment refers to assets invested in perpetuity, unlike expendable funds typically used for current-year needs.
Endowment funds offer donors a meaningful way to provide a foundation of support for students today, tomorrow, and into the future. At Augsburg, we think of it as the seed that anchors a strong, thriving, and fruitful mission. Once a gift is given, it’s invested to generate growth and income. Every year, as the long-term, interest-earning investment in Augsburg’s future grows, a percentage (the fruit of that investment) is granted to students in the form of scholarships. Endowments are often named for donors and designated for specific purposes. They are established according to the donor’s interests and stipulations
WhY endowments?
Endowment funds provide a steady, predictable source of income over time. This predictable income offers stability against economic downturns or political or regulatory climate fluctuations, allowing the university to make multi-year commitments and build programs.
Through endowment resources, activities that might not otherwise have had a chance to exist can be supported. Faculty members who hold endowed professorships — faculty appointments supported by annual funding from an endowment gift — benefit from enhanced teaching and research opportunities and increased prestige. Students benefit from scholarships, fellowships, programs, and research initiatives that endowments make possible.
How does the endowment support Augsburg?
Augsburg’s main sources of income come from tuition revenue, grants, and private support, including new gifts and the annual draw from the endowment funds. A strong endowment allows Augsburg faculty and administrators to pursue initiatives that enhance our ability to be leaders in higher education, attract and retain top faculty and students, and ensure future stability.
who benefits?
Scholarships funded by endowed investments:
- Attract students with special talents that will enrich the student community
- Make private education accessible for those who thought it was out of reach
- Ease or eliminate the liability of taking on school debt
- Lighten the financial load and allow students to focus on their studies.