How you can help
Alumni and friends are invited to make commitments to the You Are Union Campaign. Gifts may be made in cash, in appreciated securities, or in other property, such as real estate. Generous payment periods spanning the duration of the campaign, or longer, may be arranged.
A variety of planned giving vehicles, which offer significant tax savings and yield generous incomes to the donors or beneficiaries, are also available. Usually funded by gifts of long term appreciated property, these include the pooled income fund, the charitable remainder trust, and the charitable gift annuity.
All gifts to Union College are tax deductible to the extent allowed by law. For information about these and other methods of making a gift to Union and the You Are Union Campaign, please contact:
Office of College Relations
Union College
807 Union St.
Schenectady, N.Y. 12308
Telephone: (518) 381-6180
E-mail: youareunion@union.edu
Web: www.union.edu/youareunion
Where the College stands
The 2003-2004 fiscal year continued Union College's long tradition of balanced budgets and improving financial strength. Highlights of the College's financial position include:
Union is rated A1 by Moody's Investor Service.
The total market value of the endowment and similar funds was approximately $276,400,000.
The endowment's total return was 18.64 percent, putting Union in the top 15 percentile of the Wilshire universe.
The College's 2004-2005 operating budget is approximately $100 million, and the budget has been consistently balanced for the past 15 years.
Fixed assets grew approximately $21 million in 2003-2004 due to the Minerva House system.
Expendable resources covered outstanding debt by more than 2.5 times, and expendable resources covered total operations by more than 2 times.