Key facts

Reported value

USD 1.56 billion

As of

FY2025 survey reporting period

Portfolio

Foundation Pooled Investment Fund

Location

Edmond, OK

Investment office

Oklahoma State University Foundation

Data through FY2025

Balance reference

Endowment size and reporting scope

The reported balance is a stock of assets measured at a date. Annual support and investment income are flows across a fiscal year. Donor-restricted funds and board-designated funds can share an investment vehicle while retaining different spending permissions. A consolidated balance sheet also includes buildings, receivables and liabilities, which are outside an endowment-only figure. Pool value and the legal institution's net assets therefore require separate labels. Survey scope and definitions

Source: NACUBO · Data through FY2025

The FY2025 survey value for Oklahoma State University Foundation is USD 1,564.585 million, compared with USD 1,481.573 million for FY2024. The USD 83.012 million movement is 5.60% of the earlier balance. It includes changes in investments as well as additions and distributions. NACUBO explicitly distinguishes this change in market value from an investment rate of return. FY2025 respondent values and definitions

The available history begins in FY2016 at USD 847.004 million and ends in FY2025 at USD 1,564.585 million. The change across those observations is USD 717.581 million. The smallest reported balance in the displayed series is USD 847.004 million in FY2016; the largest is USD 1,707.485 million in FY2023. These are closing asset values. They do not show how much of a year's movement came from new gifts, spending or investment results. NACUBO historical workbook

Spending policy and payout

The foundation allocates a portion of investment return annually for the donor's designated purpose. It separately allocates an administrative fee to support investment, management and distribution costs. Reinvested returns can increase future support, but a gift's market value and available spending balance remain different amounts. Spending disclosure

A policy percentage and a budget-support percentage use different denominators. The first applies to the policy's asset base; the second compares endowment support with the institution's revenue or expenditure. Gifts for a specific scholarship or program also limit how its distribution can be used. Pooled investment management does not turn restricted support into money available for any operating purpose. Spending measures

Governance and investment office

The Board of Trustees approves investment policies following recommendations from its investment committee. The foundation's Pooled Investment Fund seeks to preserve long-term purchasing power while managing risk. The foundation is a separate charitable reporting organization from the university. Investment governance

Federal excise tax on investment income

Public Law 119-21 changed Section 4968 for tax years beginning after December 31, 2025. Applicable private institutions must have at least 3,000 tuition-paying students in the preceding tax year, with more than half located in the United States, and student-adjusted endowment of at least $500,000. The rates are 1.4% from $500,000 through $750,000 per student, 4% above $750,000 through $2 million, and 8% above $2 million. Enacted law, Section 70415 These rates apply to net investment income, using the law's prior-year asset and student-count definitions.

Section 4968 excludes state colleges and universities described in Section 511(a)(2)(B). Supporting foundations retain their own legal and filing identities, with related-organization rules read alongside the public-university exclusion. A foundation's public endowment value does not, by itself, assign it a private-college tax tier.

FY2025 size-band comparison

The FY2025 survey value of USD 1,564.585 million places this respondent in the $1B to $5B band. The published band contains 125 respondents and USD 268.0 billion of aggregate assets. Its average five-year annualized net return is 10.8%, and its ten-year average is 8.0%. The size classification follows the survey-year balance even where an official disclosure on this page uses a later year or a different portfolio scope. NCSE size groups NCSE average net returns

Source: NACUBO · Data through FY2025

NCSE's allocation categories combine strategies with different liquidity and valuation practices. Its Alternatives group can include private capital, hedge funds and real assets. Matching that broad weight would not establish identical holdings. The displayed mix is a survey average, not this institution's target allocation. Published category weights are shown with an explicit rounding difference so the full bar totals 100%. NCSE allocation definitions

Public records and reporting dates

NACUBO's respondent is Oklahoma State University Foundation. Annual financial statements and any nonprofit return can cover a different legal entity or a wider group of resources. A university, a supporting foundation and an investment pool can each report its own assets. Total organizational assets also include resources outside the endowment, and the tax-return accounting period can differ from the survey's reporting year. Those distinctions govern how public records are compared. Respondent identity

Related reading

• Comparable endowment sizes
• Endowment directory
• Endowments by state
• Endowments by size
• Foundation endowments
• University of Tulsa
• Oklahoma State Regents for Higher Education
• Princeton Theological Seminary