University Of Missouri College Of Engineering Foundation

The foundation has provided over 500,000 during its 14-year existence to directly support mizzou engineering students. In 2024, donor-designated student scholarship contributions were transferred to the engineering school ranging from 75 to 25,000. In addition, the board made a grant of 6,634 to match student clubs fundraising during mizzou gives days. Three large designated donations were transferred for scholarships of 2,500 center for energy innovation, 5,000 mary carlson endowment, and 25,000 baker construction project management program. From the foundation's 2010 inception to year-end 2024, 515,292 in restricted or designated donations in this category have been received and have been transferred to the college. The majority of these designated donations go towards specific scholarships, but also includes a scholarship fundraising campaign by the foundation in 2012 which raised almost 32,000. Matching funds received from donors' employers are restricted to the same designation as the donor specified.

Since its inception, the foundation has reserved a pool of funds for the dean's discretion for expenses not within the coe's restricted budget (e.g. 2016 strategic plan, 2018 & 2019 excellence awards) and another pool for departments that prefer direct payments for non-budget expenses. For example, the foundation used reserved funds to pay travel expenses for the spouse of the college of engineering commencement speaker in december 2019. To date, invoices totaling 68,337 have been paid on behalf of the dean and another 56,594 for the chemical engineering academy. At year-end 2024, the foundation maintained 50,237 on its balance sheet restricted for the directives of the dean and chemical engineering academy.

At year-end 2024, the foundation held 107,183 in endowed funds and uses the university of missouri endowment pool to invest its funds under an agency agreement. The distributions from that endowment account are collected and used for cooperative projects with the coe. Since inception in 2015, the value of the endowment increased 13,954 yielding a 7.1% annual rate of return.