Annual Report 2021/22

Annual Philanthropy Report Facts

Gift Summary

Private gifts to MSU come from many sources. Below is a graphic summary of MSU’s 2022 fiscal year in philanthropy. The charts reveal what it takes financially for MSU to compete and also show how important philanthropic gifts are to the overall operation of the university.

Chart: Income
Chart: Expenses

This page is not an audited financial statement. Download MSU’s Annual Financial Report 2020 – 2021.

Chart: Where gifts came from
Chart: Where gifts went

Chart: Cash receipts
Chart: Total commitments

Sources: MSU Annual Financial Report 2021–2022; and Voluntary Support of Education Survey by the Council for the Advancement and Support of Education.

Fiscal Stewardship

The Common Investment Fund (CIF) is Michigan State’s investment portfolio into which endowed funds established at the university are invested. This pools nearly all of MSU’s endowment funds so they can be managed much like a mutual fund. Donors’ gifts “buy” shares (or “units” as they are called at MSU) in the CIF. As the market value of the CIF increases (or decreases), the value of the individual CIF shares increases (or decreases)—and so the value of each specific endowed fund goes up or down.

MSU’s long-term investment performance continues to perform on par with peer institutions’ returns for the 10-year period ended June 30, 2022. As of June 30, MSU’s investments showed a return of 10% for the 10-year period.


Annual Giving Annual Report

Each year, annual gifts go to work immediately to provide opportunities for students. Annual gifts provide direct financial support for students, for research that leads to discoveries to make our world better and for learning opportunities that go far beyond the confines of a classroom.

Read this year’s Annual Giving Annual Report.


Visit My MSU Giving to see your lifetime and annual giving to Michigan State University.