Arkansas State University Board of Trustees March 6, 2020
Arkansas State University Board of Trustees March 6, 2020 ASU SYSTEM FOUNDATION Contact: Philip Jackson (870) 972-2775 For the period ending December 31, 2019 (unaudited), the Arkansas State University System Foundation recorded gifts and other support of $3,906,864. Contributions were designated as follows: ASU-Jonesboro $3,230,789 ASU-Mountain Home 334,443 ASU-Beebe 36,130 ASU-Newport 269,091 ASU System Foundation 36,411 The Foundation reported net assets of $96,887,806, representing an increase of 9.53% for the period ending December 31, 2019. The market value of the ASU System Endowment Pool for the period ending December 31, 2019, was $90,313,389. The net rate of return for the period ending December 31, 2019, was 6.86%. Endowment balances designated per campus are as follows: Jonesboro $80,078,057 Mountain Home 5,064,568 Beebe 1,980,021 Newport 2,251,866 System Foundation 938,877 Total $90,313,389 ARKANSAS STATE UNIVERSITY SYSTEM Capital Projects Report March 6, 2020 Arkansas State University campuses have several capital projects underway in various stages of programming, design, and construction. ASU-JONESBORO PROJECT TITLE FUNDS AVAILABLE STATUS Marion Berry Parkway - Phase III $1,868,754 Project Closeout Village Apartments Repairs and ADA Modifications $6,343,509 Construction Phase Caraway Road Safety Enhancement Project - Phase 1 $793,700 Design Phase Library Envelope Waterproofing & Roof Repair - Phase II $620,000 Project Closeout Campus Site Lighting - Phase I $538,555 Substantially Complete Campus Site Lighting - Phase II
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