Douglas K. Candland Scholarship
Financial Performance
| Description | Value |
|---|---|
| June 30, 2023 | |
| Book Value (1) | $15,500.00 |
| Market Value (2) | $227,352.00 |
| June 30, 2024 | |
| Book Value | $15,500.00 |
| Market Value | $201,137.00 |
| Expected Income for 2024 (3) | $11,368.00 |
The book value reflects the total of gift receipts to the University that support any use restrictions associated with a single pooled endowment fund, including all funds released from life income funds. This value represents the funds used to purchase units in the University’s long-term investment pool.
The market value is initially influenced by gift receipts and continues to change based on the underlying investments, including annual spending that supports each endowment’s use restrictions. Bucknell’s endowment is divided into units, similar to mutual funds. These units are purchased at the end of each calendar quarter and then multiplied by the ending market value per unit of the University’s long-term investment pool.
The market value is initially influenced by gift receipts and continues to change based on the underlying investments, including annual spending that supports each endowment’s use restrictions. Bucknell’s endowment is divided into units, similar to mutual funds. These units are purchased at the end of each calendar quarter and then multiplied by the ending market value per unit of the University’s long-term investment pool.