Key facts

Reported value

USD 144.8 million

As of

June 30, 2026

Portfolio

Foundation endowment net assets

Location

Greeley, CO

Spending policy

4% on the stated policy base

Data through FY2026

Balance reference

Endowment size and reporting scope

The USD 131.396 million survey balance belongs to the respondent named University of Northern Colorado Foundation. Donor-restricted resources can be invested beside funds designated by the governing board for long-term use. Each account retains its purpose and beneficiary. A pooled vehicle can also include reserves or other long-term money, which gives its market value a different scope from endowed net assets. Survey scope and definitions

The official USD 144.805 million figure and the FY2025 survey's USD 131.396 million describe their respective dates and reporting categories. The official balance retains its stated label, foundation endowment net assets. Official financial scope

Source: NACUBO · Data through FY2026

The FY2025 survey value for University of Northern Colorado Foundation is USD 131.396 million, compared with USD 119.380 million for FY2024. The reported balance rose by USD 12.016 million, or 10.07%, from FY2024. 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 reported endowment changed from USD 76.855 million in FY2016 to USD 131.396 million in FY2025, a difference of USD 54.541 million. This series measures year-end assets after gifts and distributions. NACUBO historical workbook

Investment returns

Performance report

Fee basis: Net gain, as described by the stewardship report.

A trailing multi-year return is an annualized compound result over the period shown. The one-year figure covers the final year. These periods overlap, so their returns are not added. A published dollar investment gain can reflect accounting categories and cash flows that differ from the percentage performance calculation. Return definitions and reporting basis

Spending policy and payout

The FY2026 audit reports $4.699159 million of appropriations for expenditure. Its normal distribution policy applies 4% to the preceding three-year rolling average of fiscal year-end fair value. New endowments are invested for one full fiscal year before distributions begin. When fair value falls more than 1% below cumulative gifts, the distribution rate is 1%. Management fees are assessed separately and vary with fund size. Spending disclosure

Source: unco.edu · Data through FY2026

Distribution report

For University of Northern Colorado Foundation, an appropriation can precede a beneficiary's expenditure. Its timing can differ from the cash expense recorded by the institution. Spending measures

Governance and investment office

The foundation's board approves endowment policy. Its investment committee examines pooled investment results and relevant benchmarks quarterly, as described on the official investment overview. The accounts preserve individual endowment interests while investing through a common portfolio. 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

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.

The tax is imposed on net investment income. Student-adjusted endowment uses prior-year fair values for assets other than those used directly for exempt purposes. The statute also contains student-count and related-organization provisions. A spending policy applies to an institution's chosen asset base, while the tax applies to investment income under federal rules.

FY2025 size-band comparison

The FY2025 survey value of USD 131.396 million places this respondent in the $100M to $250M band. The published band contains 154 respondents and USD 24.5 billion of aggregate assets. Its average five-year annualized net return is 9.6%, and its ten-year average is 7.4%. NCSE size groups NCSE average net returns

Source: NACUBO · Data through FY2026

The institutional stewardship report describes a net gain for FY2025. NCSE reports net of external management fees and expenses. The comparison uses the same June 30, 2025 endpoint; the disclosures can cover different investment-cost components.

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 chart shows the FY2025 NCSE $100M to $250M group's average 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

The ProPublica nonprofit API identifies the legal filer as University Of Northern Colorado Foundation Inc, EIN 846044833. Its available filing for the year ended June 30, 2023 reports total filer assets of USD 162.051 million, revenue of USD 14.423 million, expenses of USD 15.580 million. These are filer-wide amounts, which can include buildings, operating resources and other assets outside the endowment. The filing period is retained separately from the current investment disclosures. ProPublica structured filing data

Related reading

• Endowment directory
• Endowments by state
• Endowments by size
• Foundation endowments
• Lipscomb University
• The Ferris Foundation
• Illinois College

Additional institutional disclosure