b'The SOU Foundation endowment produced a total return of 9.78% INVESTMENT PERFORMANCE fortheperiodofJuly1,2024toJune30,2025.Annually,the foundation distributes 4% of the market value to the university.INVESTMENT BENCHMARK RETURN COMPARISONSTRATEGY \x1f\x1e\x1d\x1c\x1b\x1e\x1a\x19\x18\x17\x16\x1b\x15\x14\x17\x1c\x19\x1b\x14\x13\x12\x14\x12\x1b\x11\x10\x13\x14\x1b\x0f\x0eThe investment objectives of the SOU Foundation reect the16%long-term nature of the endowment fund. A desire to grow14%endowment gifts and to produce a stable and predictable payout stream is balanced with the foundations commitment to donors to12%ensure the longevity of the funds in its care.10%Principles that shape the SOU Foundations investment strategy are: 8%Produce a relatively predictable and stable payout stream each year. 6%Maintain the purchasing power of the assets over the investment 4%horizon.2% Balance the support of present and future generations ofstudents and faculty. 0%YTD \x1f Year Annualized \x1c Year Annualized \x1d Year Annualized \x1f\x1e Year AnnualizedAccordingly, the SOU Foundations primary investment objective isSOUF ENDOWMENT 6.00% 9.78% 9.89% 8.29% 6.74%to produce a total return net of fees that equals or exceeds theBENCHMARK 1: 70% MSCI ACWI/30% 8.52% 13.72% 13.59% 10.15% 8.15%Bloomberg Interm Govt/Creditfoundations spending rate and annual administrative fee.BENCHMARK 2: 70% S&P500/30% 5.70% 12.74% 14.85% 11.85% 10.29%Bloomberg Interm Govt/Credit 9'