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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 (coming soon)

  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.

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)