The Treasury Department supports the Vice President of Financial Administration in the areas of all internal and external financing for Xavier University and its departments. Our office manages the cash, investments, and debt obligations of the university, and performs accounting and financial reporting for these areas.
Quick Facts About Us
- In November, 2008 the University obtained its first stand-alone public debt ratings. Current long-term debt ratings from Moody?s, S&P and Fitch are A3/A-/A-.
- The Treasury Department manages the University?s capital financing and debt obligations. Total long-term debt, used to finance campus construction, is approximately $194 million.
- Our Endowment as of June 30, 2013 was valued at approximately $132 million and is invested in a broadly diversified mix of professionally managed investments. To view the asset allocation see the tab on the left of this page.
- On an annual basis the Endowment provides approximately $5 million in funding for student scholarships and University operating support.
Endowment Information Available
The Endowment Values as of June 30, 2013 and the Projected Income Information for FY14 will be available soon.
Anyone who manages a Banner Fund that receives Endowment income can now see the estimated income for the current year which has been posted as budgeted revenue for each such fund. These estimates are based on the University's approved Endowment Spending Policy and the fund values through June 30, 2013. This has been done to promote better planning in the use of the endowment funds.
If you have any questions about the above, please contact Megan Bosco at ext. 4844 or firstname.lastname@example.org.
For information on how Xavier University's Endowment Performance and Asset Allocations compare with the Endowments of other NACUBO members go to the NACUBO Endowment Comparisons tab on the left of this page.