Wheaton College Alumni Magazine Winter 2015 | Page 11

OPEN POSITION: DIRECTOR OF DEVELOPMENT

This key position is responsible for leading the major gift
efforts of the College. Details about the qualifications
and duties associated with this position can be found at
wheaton.edu/developmentdirectorposition.
Financial Highlights

Fiscal Year July 1, 2013–June 30, 2014

Since its founding more than 150 years ago, Wheaton College has been both wise in
the management of financial gifts as well as forthright in its accountability for those gifts.
If you would like a copy of our latest audited financial statement, you may download
it from our website at http://www.wheaton.edu/disclosures/financial-audit-information.
You may also write Dale Kemp, Vice President for Finance and Treasurer, 501 College
Avenue, Wheaton College, Wheaton, IL 60187, or call 630-752-5085.

Balance Sheet Highlights

2013-14

Total Assets
Net Assets Unrestricted

Temporarily Restricted

Permanently Restricted

Total Net Assets

2012-13

2011-12

2010-11

$ 795,814,000 $ 723,981,000 $ 667,570,000 675,486,000
$
269,945,000 253,474,000 233,707,000 240,774,000
205,615,000 161,236,000 139,548,000 148,165,000
150,654,000 141,241,000 129,283,000 122,978,000
$ 626,214,000 $ 555,951,000 $ 502,538,000 $ 511,917,000

Operating Highlights

Tuition and Fees
Scholarships

$ 84,071,000 83,205,000 78,790,000 75,097,000
(26,626,000) (26,465,000) (25,378,000) (23,467,000)

Net Tuition and Fees

$ 57,445,000 $ 56,740,000 $ 53,412,000 $ 51,630,000

Auxiliary
Gifts and Grants
Endowment Spending

Educational and General Expenses

Endowment:  $405 million

W H EA T O N . ED U / M A G A Z I N E

20,468,000
32,315,000
14,781,000

19,741,000 19,270,000
21,821,000 24,888,000
14,652,000 14,921,000

$ 97,518,000 $ 96,891,000 $ 95,063,000 $ 89,995,000

Endowment Market Value and Spending
450

The endowment fund contains those
assets of the College permanently
invested to support College programs.
The purpose of the endowment is to
generate a dependable stream of income
and provide a reserve of institutional
resources. The investment objective is to
maximize total return over the long term
within acceptable risk parameters.
The endowment increased 14.9 percent
to $405 million on June 30, 2014. The
increase was driven by a 17.2 percent
investment return and $9.6 million of gifts
and net transfers, offset by $15.1 million of
spending withdrawals. Endowment per
student increased to $146,000 compared
to $125,269 as of June 30, 2013.

20,263,000
33,814,000
15,052,000

18

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250

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200

150

6

100

Endowment
Value
(in $ millions)

8

4

50

2

0

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

n Asset Value (left scale)

● Annual Spending

(right scale)

0

Annual
Spending
(in $ millions)