Name: Kansas State University Foundation
Assets Under Management: $830.7 Million (Source: Kansas State University Foundation on 6/30/2014)
Portfolio Insights: “The purpose of Kansas State University Foundation (the Foundation) is to encourage, receive and hold in trust any real or personal property given for the use of Kansas State University, its faculty and students (the University); and to invest, disburse, manage and control all such gifts in accordance with donor intent and to provide those services to the University which are not or cannot be provided through state appropriations or student fees.
The Foundation’s endowment pool strives to achieve long term capital appreciation and consistent income by utilizing a “total return investment strategy.” The Foundation uses an inflation adjusted distribution policy attempting to provide a stable revenue stream to the University while maintaining intergenerational equity. The distributions from the endowment pool are calculated by adjusting the prior year’s distribution amount annually for inflation.” (Source)
Our team, the Endowment Fund Association (EFA) and Endowments.com is the #1 community and most visited website dedicated to endowment fund professionals. We provide endowment funds with buy-side co-investment and direct investment deal origination services, outsourced chief investment officer selection help, and also provide Endowment 500 research and Endowment Database Solutions.
Top Kansas State University Foundation Endowment Fund Headlines:
1) In the midst of a down economy and challenging fiscal times, alumni, friends and corporate partners of Kansas State University have demonstrated their commitment and escalated their philanthropic support of K-State to new heights, contributing $107 million to the university through the KSU Foundation during the fiscal year that ended June 30, 2011. This figure sets a new record in fundraising activity in the 67-year history of the foundation, surpassing the previous record of $99.5 million in fiscal year 2008.
Fiscal year 2011 also saw a favorable investment return of 19.28 percent on the foundation’s endowment fund, which was valued at $337 million on June 30.
“K-State’s alumni and friends are unmatched in their dedication and generosity,” said Lee Harris, Leawood, Kan., chairman of the KSU Foundation Board of Trustees. “This achievement is a testament to the 44,712 alumni and friends who contributed this year. Their generosity is deeply appreciated.” (Source)
2) The Kansas state university foundation is hereby authorized to act as the investing agent for the state agricultural university fund referred to in K.S.A. 76-410a, and amendments thereto. The Emporia state university foundation, inc., is hereby authorized to act as the investing agent for the state normal school fund referred to in K.S.A. 76-604, and amendments thereto. (Source)
3) Jun 27, 2002 – Kansas State University Foundation, Manhattan, is conducting an asset allocation study of its $168 million endowment fund, said David L. Weaver, vice president of real estate and investments. The plan conducts a study every three years, he said. It will be completed in August, and no manager changes are expected, Mr. Weaver said. Cambridge Associates is advising. (Source)
4) Kansas State University Foundation (KSUF), a university endowment, has selected SunGard’s Investran to help address its investment accounting, manager due diligence and reporting needs. Investran supports the entire investment lifecycle, from fundraising to portfolio monitoring and reporting, by automating front-, middle- and back-office processes for a real-time, end-to-end solution for private equity and alternative investment firms.
KSUF selected SunGard’s Investran to help streamline its investment operations by eliminating error prone processes associated with spreadsheets and disparate databases. (Source)
5) Jan 25, 2004 – Endowment funds at Kansas State University increased last year, and Wichita State’s broke even after two years of losses. Nationally, university endowments earned an average of 3 percent on their investments in 2003, according to a study of 717 schools by the National Association of College and University Business Officers.
Kansas State University Foundation vice president Alan Klug said the foundation’s investments gained 0.63 percent last year, and things look good so far this year. “We’re seeing in excess of a 10 percent return so far this year, but obviously it could go down,” he said. “Do you have a crystal ball? I’d love to see it go up.” (Source)