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
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FY24 Gifts
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Financial Position And Activities
Statements Of Financial Position: 2-Year Comparative Summary
2024 2023 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
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FY23 Gifts
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Financial Position And Activities
Statements Of Financial Position: 2-Year Comparative Summary
2023 2022 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)