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Norwich Annual Report

The annual report shows a consolidated report of gifts from our alumni, students, parents, friends, faculty, staff, corporations, foundations and other organizations received by Norwich University; each report is from June 1 - May 31, of that fiscal year. The report is compiled by the staff of the Development and Alumni Relations Office in consultation with the Chief Financial Officer.

For any questions regarding these reports or for more information on making a gift to Norwich University, see our giving pages, email advancement@norwich.edu or telephone the Development and Alumni Relations Office at (802) 485-2300.

Annual Reports

Tab 1 - Report of Gifts

Note: We include every gift that was made during the fiscal year.

Tab 2 - Statements Of Financial Position And Activities: 2-Year Comparative Summary

Tab 3 - Partridge Society Membership Listing 

Tab 4 - Corporations/Foundations that made a FY25 Gift 

Tab 5 - Class listings – Total amount given in FY25 & participation rate

  1. Report of Gifts

    FY25 GIFTS BY SOURCE 

    GIFTS BY SOURCE TOTAL: $9,807.579.77
    OFFICE OF DEVELOPMENT & ALUMNI RELATIONS FY25 GIFTS BY SOURCE GIFTS BY SOURCE TOTAL $9,807.579.77 Pie Chart

    Information for FY25 Gifts

    Campaign NameRestrictedUnrestrictedGrand Total
    Bearing the Torch$681,513.50$23,467.50$704,981.00
    Forging the Future$572,053.21$55,459.92$627,513.13
    Fueling the Future$3,812,961.15$2,541,778.78$6,354,739.93
    Norwich Forever! $27,301.46$27,301.46
    NU Support$1,415,280.55-$1,415,280.55
    Shoulder to Shoulder$450,537.42$227,226.28$677,763.70
    Grand Total$6,932,345.83$2,875,233.94$9,807,579.77

  2. Financial Position And Activities

     STATEMENTS OF FINANCIAL POSITION: 2-YEAR COMPARATIVE SUMMARY (IN THOUSANDS)*
    ASSETS
    2025
    2024
    Cash and Cash Equivalents$28,899$30,920
    Pledges, Accounts, and Loans Receivable, Net$17,323$21.609
    Investments$293,333$280,542
    Land, Buildings, and Equipment$163,623$164,759
    Other Assets$23,267$19,779
    TOTAL ASSETS$526,445$517,609
    LIABILITIES
    2025
    2024
    Accounts Payable and Accrued Expenses$11,075$10,764
    Bonds Payable$61,685$65,046
    Other Liabilities$14,507$15,123
    TOTAL LIABILITIES$87,267$90,933
    STATEMENTS OF ACTIVITIES: 2-YEAR COMPARATIVE SUMMARY (IN THOUSANDS)*
    OPERATING ACTIVITIES
    2025
    2024
    Other Income$3,726$4,294
    Tuition Fees, Room and Board, and Other Ed. Programs$74,852$72,763
    Non-Education and Auxiliary Programs$1,333$1,271
    Contributions and Grants Used in Operations$32,384$33,582
    Endowment Spending and Investment Income$20,051$25,325
    TOTAL OPERATING REVENUES AND SUPPORT
    $132,346
    $137,235
    Operating Expenses$128,350$127,589
    Change in Net Assets from Operating Activities$3,996$9,646
    NON-OPERATING ACTIVITIES20252024
    Endowment Investments Return Net of Spending Used to Support Operation$8,217$14,294
    Other Non-Operating Activities$286$10,315
    TOTAL CHANGE IN NET ASSETS FROM NON-OPERATING ACTIVITIES
    $8,503
    $27,743
    TOTAL CHANGE IN NET ASSETS
    $12,499
    $34,389

    *Represents non-audited results

  3. Partridge Society Membership Listing

    The Annual Partridge Society Membership Listing acknowledges and celebrates gifts received and Partridge Society memberships granted during the fiscal year which spanned from June 1, 2024 to May 31, 2025. 

    The mission of the Norwich University Partridge Society is to aid the Norwich University Development and Alumni Relations Office in the creation and execution of plans and tactics in support of the University’s fundraising priorities; to help secure the University’s financial future through exceptional relationships and to formally recognize and celebrate university donors. 

    View The 2025 Full Listing

  4. Corporations/ Foundations - FY25 Gifts

    Ameriprise Financial
    Boeing Company
    Bristol-Myers Squibb Foundation
    Caterpillar Foundation
    Charter Oak Credit Union
    Chevron
    Cigna Foundation
    Citizens Private Bank
    Consigli Construction Company, Inc.
    Dalton Enterprises, Inc.
    Dell Technologies
    Deloitte Foundation
    Delta Air Lines Foundation
    Deutsche Bank AG
    E.F. Wall & Associates, Inc.
    Eversource Energy
    General Electric Company
    George & Carol Olmsted Foundation
    Global Guardian
    Google
    Grout Enterprises, LTD
    Haynes Family Foundation
    Home Depot
    Howden RE (TigerRisk)
    J. Petrocelli Contracting, Inc.
    Jack & Dorothy Byrne Foundation, Inc.
    Jephson Educational Trusts
    John P. Stabile Family Foundation
    Johnson & Johnson
    Legion Thirteen
    Lockheed Martin Corporation
    Mack Foundation
    Massachusetts Mutual Life Insurance Company
    May Ellen & Gerald Ritter Foundation
    Microsoft Corporation
    New York Life Insurance
    NFP Property & Casualty Services, Inc.
    Philip Snyder Foundation
    Phoenix Holdings Partnership
    Pritzker Military Foundation
    PSEG Public Service Electric & Gas Company
    Raytheon Company
    Roy A. Hunt Foundation
    Sean J. Moran Memorial Fund
    Shepherd Nichols Family Foundation
    Simmons Family Foundation
    SL Green Management, LLC
    Stamford Hospital Foundation
    State Farm Insurance Companies
    TD Charitable Foundation
    Textron, Inc.
    The George F. & Sybil H. Fuller Foundation
    U.S. Charitable Gift Trust
    United Health Group 
    United States Automobile Association 
    Vanguard Plastics Corporation
    Verizon Communications, Inc.
    Vertex Pharmaceuticals, Inc.
    Wells Fargo Foundation
    Williston Golf Club, Inc.

  5. Class listings – Total amount given in FY25 & participation rate

    Class Year
    Gifts Received FY 2025
    Participation Rate FY 2025
    Class of 194965,0000.98%
    Class of 19516,0000.09%
    Class of 19528,170.40.12%
    Class of 19535,0000.08%
    Class of 1954371,5005.63%
    Class of 19554,569.20.07%
    Class of 19564,1160.06%
    Class of 195775,199.571.14%
    Class of 1958101,662.51.54%
    Class of 1959347,532.25.26%
    Class of 1960276,411.074.19%
    Class of 196145,185.780.68%
    Class of 196223,190.610.35%
    Class of 196354,270.80.82%
    Class of 1964162,497.722.46%
    Class of 1965200,817.823.04%
    Class of 1966140,318.372.12%
    Class of 1967132,625.922.01%
    Class of 1968161,672.652.45%
    Class of 1969416,085.466.30%
    Class of 1970207,687.813.14%
    Class of 1971287,970.394.36%
    Class of 197275,704.241.15%
    Class of 1973109,647.771.66%
    Class of 1974169,672.612.57%
    Class of 1975128,036.261.94%
    Class of 197660,428.350.92%
    Class of 197762,449.40.95%
    Class of 197823,199.570.35%
    Class of 197998,7041.49%
    Class of 1980333,995.925.06%
    Class of 198183,301.21.26%
    Class of 198257,240.680.87%
    Class of 1983HIGHEST GIFT TOTAL & PARTICIPATION RATE FOR FY2025
    Class of 1983585,515.538.87%
    Class of 1984515,847.27.81%
    Class of 198592,940.031.41%
    Class of 1986106,149.491.61%
    Class of 198782,299.941.25%
    Class of 1988149,017.382.26%
    Class of 198931,117.130.47%
    Class of 1990159,351.662.41%
    Class of 199122,845.970.35%
    Class of 199244,925.80.68%
    Class of 199348,866.180.74%
    Class of 199453,907.870.82%
    Class of 199516,810.320.25%
    Class of 199655,931.60.85%
    Class of 199728,440.440.43%
    Class of 19987,228.240.11%
    Class of 199927,951.040.42%
    Class of 200018,280.60.28%
    Class of 200114,844.040.22%
    Class of 20028,571.80.13%
    Class of 20038,748.080.13%
    Class of 20045,936.440.09%
    Class of 200512,803.720.19%
    Class of 2006108,280.51.64%
    Class of 200710,783.650.16%
    Class of 20082,407.20.04%
    Class of 20092,826.90.04%
    Class of 20106,291.840.10%
    Class of 20116,582.110.10%
    Class of 20125,223.160.08%
    Class of 201311,459.650.17%
    Class of 201410,163.050.15%
    Class of 20152,799.440.04%
    Class of 20165,335.90.08%
    Class of 20173,890.160.06%
    Class of 201811,473.560.17%
    Class of 20196,385.310.10%
    Class of 20202,776.20.04%
    Class of 20212,738.520.04%
    Class of 20222,914.330.04%
    Class of 20232,196.120.03%
    Class of 20241,063.340.02%

Tab 1 - Report of Gifts 

Note: We include every gift that was made during the fiscal year.

Tab 2 - Statements Of Financial Position And Activities: 2-Year Comparative Summary

  1. FY24 Gifts

    Norwich Giving Annual Report Graphic 2024

  2. Financial Position And Activities

    Statements Of Financial Position: 2-Year Comparative Summary
    		20242023
    ASSETS  
    Cash & Cash Equivilants$30,920$20,544
    Pledges, Accounts & Loans Receivable, Net $20,983$17,504
    Investment$280,542$262,930
    Land, Buildings, and Equipment, Net$164,759$167,946
    Bond Funds on Deposit with Trustee$0$0
    Other Assets$20,405$18,885
    TOTAL ASSETS $517,609$487,809
    LIABILITIES  
    Accounts Payable and Accrued Liabilities$10,764$8,452
    Bonds Payable$65,046$68,432
    Other Liablities $15,123$18,638
    TOTAL LIBILITIES$90,933$95,522
    Statements Of Activities: 2-Year Comparative Summary (In Thousands)
    		  
    Operating Activities   
    Other Income$4,294$2,933
    Tuition Fees, Room & Board, & other Education Programs $72,763$73,779
    Non Education & Auxiliary Progams$1,271$1,151
    Contributions & Grants Used in Operations $33,582$22,975
    Endowment Spending & Investment Income$25,325$22,165
    Total Operating Revenues & Support $137,235$123,003
    Operating Expenses$127,589$122,071
    Change in Net Assets from Operating Activities$9,646$932
    Non-Operating Activities  
    Endowment Investments Return Net of Spending Used To Support Operations $14,428($26,534)
    Other Non-Operating Activies $10,315$4,837
    TOTAL CHANGE IN NET ASSETS FROM NON-OPERATING ACTIVITIES$24,743($21,697)
    TOTAL CHANGE IN NET ASSETS$34,389($20,765)

Tab 1 - Report of Gifts 

Note: We include every gift that was made during the fiscal year.

Tab 2 - Statements Of Financial Position And Activities: 2-Year Comparative Summary

  1. FY23 Gifts

    Development Annual Report Graphic 2023 - 2024

  2. Financial Position And Activities

    Statements Of Financial Position: 2-Year Comparative Summary
    		20232022
    ASSETS  
    Cash & Cash Equivilants$20,544$20,182
    Pledges, Accounts & Loans Receivable, Net $17,504$19,538
    Investment$262,930$283,445
    Land, Buildings, and Equipment, Net$167,946$169,495
    Bond Funds on Deposit with Trustee$0$0
    Other Assets$18,885$20,205
    TOTAL ASSETS $487,809$512,865
    LIABILITIES  
    Accounts Payable and Accrued Liabilities$8,452$9,958
    Bonds Payable$68,432$71,556
    Other Liablities $18,638$18,298
    TOTAL LIBILITIES$95,522$99,812
    Statements Of Activities: 2-Year Comparative Summary (In Thousands)
    		  
    Operating Activities   
    Other Income$2,933$2,529
    Tuition Fees, Room & Board, & other Education Programs $73,779$79,137
    Non Education & Auxiliary Progams$1,151$904
    Contributions & Grants Used in Operations $22,975$25,026
    Endowment Spending & Investment Income$22,165$11,210
    Total Operating Revenues & Support $123,003$118,806
    Operating Expenses$122,071$119,264
    Change in Net Assets from Operating Activities$932($458)
    Non-Operating Activities  
    Endowment Investments Return Net of Spending Used To Support Operations ($26,534)($48,739)
    Other Non-Operating Activies $4,837$5,411
    TOTAL CHANGE IN NET ASSETS FROM NON-OPERATING ACTIVITIES($21,697)($43,328)
    TOTAL CHANGE IN NET ASSETS($20,765)($43,786)