Williamson President's Report 2021 Edition - Page 6

2020-2021 Charitable Giving At-A-Glance

As of and for the year ended June 30 , 2021
Total Giving by Constituency (# of donors )
● Faculty , Staff , Students & Friends ( 371 ) . . . . . . . . .$ 9,337,237
● Alumni ( 762 ). . . . . . . . . . . . . . . . . . . . . . . . . . .$ 719,196
● Foundations ( 47 ) . . . . . . . . . . . . . . . . . . . . . . .$ 9,556,685
● Trustees ( 45 ) . . . . . . . . . . . . . . . . . . . . . . . . . .$ 1,367,907
● Corporations ( 106 ) . . . . . . . . . . . . . . . . . . . . . . . $ 180,852
● Organizations ( 67 ) . . . . . . . . . . . . . . . . . . . . . . . $ 183,047
● Parents ( 159 ) . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 50,483
TOTAL ( 1,557 ) . . . . . . . . . . . . . . . . . . . . . . . . $ 21,395,409
Total Giving by Category
● Endowment . . . . . . . . . . . . . . . . . . . . . . . . . .$ 1,571,126
● Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 12,799,184
● Williamson Fund : Unrestricted . . . . . . . . . . . . . .$ 3,479,912
● Williamson Fund : Restricted . . . . . . . . . . . . . . . .$ 2,135,846
● Special Projects : Restricted . . . . . . . . . . . . . . . .$ 1,409,340
TOTAL . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 21,395,409
Condensed Financials
000 ’ s Cash and equivalents . . . . . . . . . . . . . . . . . . . .$ 4,408,474 Contributions receivable . . . . . . . . . . . . . . . . . $ 10,420,051 Land , buildings , and equipment , net . . . . . . . . . $ 29,806,112 Long-term investments and restricted cash . . . . $ 180,509,339 Beneficial interests in perpetual trusts . . . . . . . . . . $ 784,184 Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 47,462 Total assets . . . . . . . . . . . . . . . . . . . . . . . $ 225,975,622
Accounts payable and accrued expenses . . . . . . . $ 1,027,669 Paycheck Protection Loan . . . . . . . . . . . . . . . . . . . . . . $ 0 Annuity obligations . . . . . . . . . . . . . . . . . . . . .$ 1,002,260 Total liabilities . . . . . . . . . . . . . . . . . . . . . . . $ 2,029,929
Unrestricted net assets . . . . . . . . . . . . . . . . . . $ 44,490,304 Donor restricted net assets . . . . . . . . . . . . . . $ 179,455,389 Total net assets . . . . . . . . . . . . . . . . . . . . . . $ 223,945,693 Total liabilities and net assets . . . . . . . . . . $ 225,975,622
Changes in Net Assets Net assets July 1 , 2020 . . . . . . . . . . . . . . . . . $ 182,823,254
Contributions - unrestricted . . . . . . . . . . . . . . . .$ 3,794,205 Contributions - restricted . . . . . . . . . . . . . . . . . $ 9,119,249 Investment return designated for operations . . . . .$ 5,869,353 Government Grants . . . . . . . . . . . . . . . . . . . . . $ 2,589,941 Paycheck Protection Loan Forgiveness . . . . . . . . .$ 1,030,400 Net gains ( losses ) on long-term investments and trusts . $ 31,015,843 Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 122,519 Total revenue and gains ( losses ). . . . . . . . . . $ 53,541,510
Program . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 8,028,187 General and administrative . . . . . . . . . . . . . . . . $ 3,044,744 Fundraising . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,346,140 Total expenses . . . . . . . . . . . . . . . . . . . . . $ 12,419,071

2020-2021 Financial Statements At-A-Glance

As of and for the year ended June 30 , 2021
Distribution of Expenditures
● Instruction . . . . . . . . . . . . . . . . 20 %
● Administration . . . . . . . . . . . . . . 18 %
● Student Services . . . . . . . . . . . . . 18 %
● Plant Operations & Maintenance . . 36 %
● Institutional Advancement & Alumni Relations . . . . . . . . . . . 8 %
Sources of Revenues
● Endowment . . . . . . . . . . . . . . . . . . . 69 %
● Unrestricted Gifts / Grants . . . . . . . . . . . 7 %
● Restricted Gifts / Grants . . . . . . . . . . . . 17 %
● Government Grants . . . . . . . . . . . . . . 5 %
● Paycheck Protection Loan Forgiveness . . 2 %
Net assets June 30 , 2021 $ 223,945,693
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