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Finance & Endowment

University Budget 2008-2009
University (all divisions): $2.24 billion
Academic Division: $1.22 billion
Medical Center: $980 million
University of Virginia's College at Wise: $34 million

The Academic Division's 2008-09 state appropriation is $167.1 million, or 13.6%, of the division's operating budget.

Operating Budget by Source: Academic Division

Academic Division 2008-09 1989-90
State Appropriations 13.6% 33.2%
Tuition and Fees 29.1% 18.5%
Other 57.3% 48.3%
  $1.22 billion $394.1 million
All Divisions*    
State 9.1% 26.2%
Non-State 90.9% 73.8%
  $2,238.7 billion $678.6 million
 
*Including the Medical Center and the College at Wise


Sponsored Research Funding

2007-2008* 2000-2001
$314.22 million $224.72 million
 
*Unaudited


2007-2008 Private Support
Philanthropic support totaled $286.65 million during the 2007-2008 fiscal year. This figure includes cash gifts, irrevocable planned gifts, and in-kind gifts to the University and its related foundations.

Market Value of Endowment

Academic Division 2007-08* 2001-02
Funds held by the University $3.2 billion $1.723 billion
Funds held by University-related Foundations (approximate) $1.9 billion $648 million
Total (UVIMCO Long-Term Pool) $5.1 billion $2.371 billion

*Unaudited

Return on Investment (University's Long-Term Endowment Pool)

Academic Division 2007-08 2001-02
One-year annualized 5.9% —.1%
Five-year annualized 14.4% 14.7%

Bond Rating
The University is one of only two public universities with top bond ratings from all three debt-rating agencies: Standard & Poor's (AAA), Fitch Investors Service (AAA), and Moody's Investors Service (Aaa).