Financial Overview The conference operates with a budget that includes nearly $25,000 from the endowment’s expendable funds. These resources are fully utilized to support the conference’s operations, ensuring its financial sustainability and the delivery of a high-quality experience for all participants. Specific expenditures have been reviewed and continue to align with the conference’s strategic priorities.
AS OF AUGUST 31, 2024
Date Gift(s) Received Est. in 2010 group funding $10MM gift 06/06/2007 amended at market value on 03/16/17
Mayborn Literary Nonfiction Endowment Fund FINANCIAL UPDATE Provided by the UNT Foundation Inc. Mayborn Scholarship Endowment Fund Mayborn Endowed Chair in Journalism Mayborn Graduate Institute Endowment Fund
Foundation Fees 2 $ (4,713)
Distributions to UNT $ (13,195)
Market Value
Gift Amount(s) $ 39,200
Investment Income 1 $ 25,351
$
46,643
2,087,697
(222,979)
(1,120,870)
4,407,656
3,663,808
875,110
(113,729)
(514,373)
1,835,697
1,588,689
3,021,325
(307,109)
(1,576,409)
6,390,304
5,252,497
$ 6,009,483
$ (648,530)
$(3,224,847)
$12,680,300
Total
$10,544,194
Note 1 – The investment income and historical returns presented are net of individual investment manager fees, but gross of the foundation’s management fee. This method aligns with standard NACUBO reporting practices and ensures comparability to our peers. Our benchmark sets a high standard for performance at 75% equity, 20% fixed income and 5% cash. Note 2 - The management fee charged by the foundation encompasses accounting, internal investment management services and coordination with Advancement, college deans, donors and other university partners. Our fee remains competitive, being at or below the endowment management fees of our peers, as reported by NACUBO.
PORTFOLIO ALLOCATION
SUMMARY
DETAIL
Growth Assets
Income Oriented
Growth Assets
37.3% US Listed Equity 22.8% International Equity 9.1% Real Assets 5.5% Private Equity
25.3%
Income Oriented
8.9% US Aggregate 4.4% Active Duration 4.4% Unconstrained 2.8% Private Fixed Income 1.6% Hedge Funds 3.2% Cash
74.7%
Asset Class Growth Assets Income Oriented
Allocation
Target 75.0% 25.0%
74.7% 25.3%
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