b'The investment objectives of the SOU Foundation re\x1fect the long-term nature of the endowment fund. A desire to grow endowment gifts and to produce a stable and predictable payout stream is balanced with the foundations commitment to donors to ensure the longevity of the funds in its care.SOUF ANNUAL REPORT 2024ENDOWMENTPrinciples that shape the SOU Foundations investment strategy are:Produce a relatively predictable and stable payout stream each year.INVESTMENTMaintain the purchasing power of the assets over the investment horizon.STRATEGY Balance the support of present and future generations of students and faculty.Accordingly, the SOU Foundations primary investment objective is to produce a total return net of fees that equals or exceeds the foundations spending rate and annual administrative fee. AMOUNT TRANSFERRED TO SOU FY2020-2024(FOR FISCAL YEARS ENDED JUNE 30)ENDOWMENT IMPACT $2,000,000$1,500,000The foundation distributes$1,000,000SCHOLARSHIPS 4 $500,000%60% of each funds$0market value to the2019\x1f20 2020\x1f21 2021\x1f22 2022\x1f23 2023\x1f24university annually.$706,000 $778,500 $1.2M $1.1M $1.2M5'