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Northern Arizona University Endowment Fund

Name: Northern Arizona University

Assets Under Management: $159 Million (Source: Northern Arizona University on 6/30/2014)

Annual Report: Consolidated Financial Statements June 30, 2014 Northern Arizona University Foundation, Inc. and Subsidiaries

Portfolio Insights: “The Northern Arizona University Foundation, Inc. (NAU Foundation) is an Arizona nonprofit organization operating exclusively for the benefit of Northern Arizona University (the University). The Foundation receives gifts and bequests, administers and invests securities and property, and disburses payments to an on behalf of the University for the advancement of its mission.

The Foundation’s endowment (the Endowment) consists of approximately 688 individual funds established by donors to provide annual funding for specific activities and general operations. The Endowment also includes certain unrestricted net assets designated for quasi-endowment by the Board of Directors, and quasi-endowments set up by donors that are working to the level of required investment to qualify as an Endowment under the Foundation’s donor guidelines.” (Source)

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Top Northern Arizona University Endowment Fund Headlines:

1) VMware, Inc. today announced that recently appointed VMware Fellows, Martin Casado and Raj Yavatkar, are being honored by endowments of $800,000 in each of their names to Northern Arizona University, Martin’s alma mater, and Scripps University, where Raj’s daughter graduated.

The VMware Fellows program recognizes the continued and dramatic contributions by outstanding VMware people to its products, the company and the industry at large. (Source)

2) Northern Arizona University is a public university offering undergraduate, graduate, and professional degrees of high quality and societal value.  As a student, you are at the center of the NAU experience, which is guided by a dedicated and distinguished faculty committed to teaching, individual engagement, and research excellence.

Our educational programs are designed to prepare you for personal and professional success after graduation. Explore the benefits of completing your education at Northern Arizona University. (Source)

3) August 4, 2005 – The Translational Genomics Research Institute (TGen) and Northern Arizona University (NAU) today announced the award of a multi-million dollar grant from the U.S. Department of Health and Human Services that encompasses several projects, the first of which aims to improve the understanding and management of sepsis and community acquired pneumonia (CAP). This multi-year project is expected to further progress toward more rapid and accurate tools for treating patients afflicted by these deadly pathogens.

Sepsis and CAP are among the top ten leading causes of death for most age groups worldwide, according to the U.S. Centers for Disease Control. Every minute of every day, one person is dying from sepsis in the U.S. and this number is projected to rise at a rate of 1.5 percent per year. A 25 percent reduction in mortality due to sepsis has the potential to save the lives of 50,000 people in the U.S. and over 1 million individuals worldwide each year, estimates the Institute for Healthcare Improvement. (Source)

4) Rita Cheng serves as the 16th president of Northern Arizona University. As a first-generation and non-traditional college student, Dr. Cheng firmly believes in making higher education accessible and affordable for all students. Her top priorities for the university are to enhance student success, promote effective teaching and learning, support the research environment and expand community engagement. (Source)

5) Northern Arizona University Provost Dr. Laura Huenneke supports innovation and cutting-edge approaches to education and research.

The Office of the Provost provides resources, support, and leadership for academic faculty, staff, and programs to facilitate the development of teaching, learning, and research outcomes that reflect the university’s mission and values.

Northern Arizona University offers a unique balance of diversity, high-level research opportunities, and relationship-building between students and faculty. Our academic programs allow students and faculty to experience hands-on learning, creativity, and community involvement in a team-based environment where individuals can still thrive. (Source)

About Richard C. Wilson