![](https://stories.isu.pub/79158093/images/20_original_file_I0.jpg?width=720&quality=85%2C50)
1 minute read
FINANCIAL HIGHLIGHTS
LEAVING A LASTING LEGACY
Advertisement
- Booker T. Washington
The Cooper Institute endowment is more than just a symbol of stability and independence; it is a legacy investment that will perpetually sustain our research.
Our generous donors recognize the importance of scientific research and its ability to change public policy and public health. The endowment consists of principal gifts totaling $12 million.
Since the fund was created in 1976, over $5.9 million in earnings have funded preventive research that is changing lives and changing the face of healthcare.
The spending policy is governed by the Board of Trustees, who ensure that the 5% spending rate is carefully allocated and properly restricted.
FUNCTIONAL EXPENSE MIX
PROGRAMS: 69%
FUNDRAISING: 5%
ADMINISTRATIVE: 26%