Endowment summary

The funding budget includes the full endowmentallocated spend related to undergraduate and graduate scholarships and student awards. This support is shown in the funding budget as a funding source (interfund revenue) with the offsetting expense (inter-fund expense). The endowment fund policy can be found at brocku.ca/policies/

The full activity of the endowment for the past three years is shown in Figure 113. Figure 114 details the 2023-24 approved endowment spending of $3.7 million, which includes both the student awards spending allocations as well as the operating and capital.

Includes the MIWSFPA endowment spending allocation, which can be used for both capital and operating.

Figure 115 details the Top 10 endowments as of April 30, 2022. Due to the timing of preparing and approving this budget, the information presented is as of April 30, 2022. This information will be updated for April 30, 2023 and incorporated into the University’s 2022-23 Annual Report.

Appel Entrance Scholarship for Excellence

Amalia Setacci Award