The project budget for GSEF is around $30,000 per year. If the whole amount is not used up, the surplus can roll over to future terms so applications for large projects will not be refused outright.
As of July 2023:
- All-time GSEF expenditures total $2,148,983.58 of direct benefits to graduate students plus $75,409.88 of administrative costs
- GSEF has $3,807,327 in its Endowment Fund (to build interest), of which $1,391,413 is interest income
- GSEF also has $104,835.78 in the Trust Fund (for short-term spending)
- Below is a summary; for full details, see the full GSEF Financial Overview EXCEL
Fiscal Year | Trust (“Income fund” in constitution) | Endowment (“Capital” in const.) | ||||
Donation Income | Expenses | Year-end Balance | Donation Income | Interest Income | Year-end Balance | |
’02-03 | $40,577 | $0 | $40,577 | $41,083 | $0 | $127,497 |
’03-04 | $59,722 | $20,128 | $80,171 | $59,878 | $3,071 | $190,446 |
’04-05 | $63,091 | $8,251 | $135,011 | $62,629 | $15,051 | $268,126 |
’05-06 | $62,580 | $34,235 | $163,356 | $62,580 | $18,596 | $349,302 |
’06-07 | $68,920 | $44,186 | $188,089 | $68,940 | $17,163 | $435,404 |
’07-08 | $82,580 | $67,084 | $203,585 | $82,600 | $26,317 | $544,322 |
’08-09 | $94,210 | $89,977 | $207,818 | $94,210 | $9,035 | $647,566 |
’09-10 | $99,350 | $108,412 | $198,756 | $99,350 | $22,489 | $769,405 |
’10-11 | $104,930 | $141,841 | $161,845 | $104,970 | $16,671 | $891,047 |
’11-12 | $114,180 | $139,620 | $136,404 | $114,180 | $33,003 | $1,038,230 |
’12-13 | $130,030 | $135,246 | $131,189 | $130,030 | $47,214 | $1,215,474 |
“13-14 | $134,970 | $140,104 | $126,055 | $134,970 | $47,136 | $1,397,580 |
14-15 | $141,100 | $141,770 | $125,384 | $141,100 | $38,261 | $1,635,031 |
15-16 | $143,140 | $167,745 | $100,779 | $143,140 | $43,455 | $1,821,626 |
16-17 | $146,420 | $156,188 | $91,011 | $146,420 | $50,787 | $2,107,774 |
17-18 | $154,400 | $156,576 | $88,835 | $154,400 | $57,373 | $2,355,703 |
18-19 | $156,419 | $143,121 | $102,133 | $156,419 | $64,914 | $2,621,156 |
19-20 | $145,731 | $168,441 | $79,423 | $145,721 | $134,142 | $2,901,019 |
20-21 | $128,824 | $69,846 | $138,401 | $128,824 | $125,798 | $3,155,641 |
21-22 | $129,747 | $94,524 | $173,624 | $129,747 | $255,294 | $3,540,682 |
22-23* | $128,309 | $197,097 | $104,836 | $128,309 | $138,336 | $3,807,327 |
*Updated March 25th, 2024
- Note: The UW fiscal year runs May-April.
- Note: The initial capital fund included a kick-start from the GSA in 2002.
How are the GSEF funds invested?
The GSEF endowment funds are pooled with the funds of all other UW endowments, and they are all invested and managed by the University.