Endowment Mount Saint Vincent University’s Endowment An endowment is a long-term investment in Mount Saint Vincent University that provides benefits primarily to students, but also to programs and faculty, year after year, generation after generation. A permanent, sustainable source of funding for MSVU, the endowment principal is invested, and each year a portion (currently 4%) of the value of the fund is paid out to support each fund’s purpose. Any earnings in excess of the distribution or “spending” build the fund’s value, growing and providing support for its designated purpose in perpetuity. Each endowment gift increases the value of the total MSVU endowment, and can be designated to support areas aligned to donors’ interests. At March 31, 2020 MSVU’s Endowment was valued at $29,464,199. Annual endowment reporting ties to MSVU’s fiscal year (April 1 March 31). For 2019-2020, the value at March 31, 2020 is reflective of the market downturn during the early part of the pandemic. Throughout the course of the year, the endowment rebounded and its value at December 31, 2020 was just over $35.7 million.
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MOUNT SAINT VINCENT UNIVERSITY DONOR IMPACT REPORT 2020
