U N I V E R S I T Y O F M I C H I G A N AT H L E T I C S
Endowed Scholarship
2 0 2 0 I m pa c t R e p o r t
Dear Friend,
Your generosity toward Michigan Athletics and support of athletic endowment
funds has allowed our coaches and student-athletes to pursue their commitment to
excellence. Endowment funds are vital to the long-term sustainability and success of
our student-athletes and staff. By establishing or supporting an athletic or coaching
endowment, you are creating a lasting legacy of permanent support to the University
of Michigan.
I am pleased to share our endowment report for the 2019-20 academic year which
details how your contributions were able to impact the lives of endowment recipients
across campus. This past fiscal year we were able to distribute over $5.4 million from
endowment funds to provide opportunities for the leaders and best to excel in the
classroom and on the field. It is truly heartening to see that the loyalty and support
from our alumni and friends matches our student-athletes’ dedication to excellence.
I would like to express my deep appreciation for your commitment to Michigan
Athletics, and thank you for your everlasting support.
Go Blue!
Warde Manuel
Donald R. Shepherd Director of Athletics
An endowment is planted when
one of our generous donors, like
you, gives a major gift.
Every year, the endowment fund
grows and produces income. This
is how your endowment can fund a
scholarship for years to come.
While the principal is held and your
investment strengthens the foundation of
Michigan Athletics, a portion of the interest
income is granted annually in your name to
directly support our student-athletes in the
form of an endowed scholarship.
Your endowed
scholarship at work
2011 2012 2013 2014 2015 2016 2017 2018 2019
$63.1M
$59.9M
$65.9M
$83.0M
$89.2M
$91.7M
$107.8M
$124.2M
$135.6M
Michigan Athletics
Endowment market balance
Your endowment provides the steady financial support that is crucial to our success as an athletic
department, as well as for the University of Michigan. The long-term health of your endowment is of
great importance to us, and we take the responsibility of investing your contributions very seriously.
Our university manages the volatile stock market by maintaining a diversified portfolio, as well as
providing annual distributions of 4.5% of the average seven-year market value of endowment shares.
Even with a stock market that fluctuates constantly, your investment is safe with us.
endowment year-in-review
Number of new
endowed funds created
since January 2019:
20
From July 1, 2019
to June 30, 2020
Michigan Athletics received over
$6.6
MILLION
in endowment gifts.
Percent of U-M’s total
scholarship bill
covered by endowments (FY20):
19.4%
Endowment goals
Michigan Athletics’ endowment goal is the total endowment funds needed (market value) to fully fund the maximum
number of student-athlete scholarships for each sport as permitted by the NCAA. The endowment size that was
necessary to fully fund one scholarship was $1,703,234 in FY20. This covers the average cost of attendance in
FY20 of $76,645 (tuition, room and board, and books). 80% of shcolarship eligile student-athletes are out-of-state
which results in a higher cost of attendance.
SPORT ENDOWMENT GOAL PERCENTAGE TO THE GOAL
Baseball
Men’s Basketball
Men’s Golf
Women’s Basketball
Women’s Golf
Ice Hockey
Field Hockey
Men’s Gymnastics
Men’s Lacrosse
Football
Women’s Gymnastics
Women’s Lacrosse
$19,530,311.11
$17,784,088.89
$8,051,066.67
$21,907,866.67
$9,659,333.33
$31,308,955.56
$18,997,066.67
$9,417,044.44
$22,606,244.44
$154,187,444.44
$23,027,688.89
$21,869,311.11
44.2%
43.2%
15.9%
15.7%
44.2%
49.6%
9.2%
15.5%
4.3%
24.5%
9.1%
4.7%
103
Number of partially
endowed scholarships
352
Number of endowed
scholarships
Endowment goals
SPORT ENDOWMENT GOAL PERCENTAGE TO THE GOAL
Rowing
Men’s Soccer
Women’s Swimming and Diving
Women’s Soccer
Men’s Tennis
Women’s Track and Field
Softball
Women’s Tennis
Volleyball
Men’s Swimming and Diving
Men’s Track and Field
Water Polo
$31,160,600.00
$19,525,888.89
$25,769,533.33
$25,517,711.11
$7,846,044.44
$24,556,511.11
$20,766,533.33
$15,694,733.33
$18,904,733.33
$16,956,600.00
$18,692,733.33
$17,479,244.44
6.0%
6.3%
6.1%
2.5%
11.4%
14.0%
21.3%
10.0%
6.1%
19.6%
9.3%
3.8%
*This includes distributions from both regular endowments and corresponding quasi-endowment funds
Average endowed
scholarship distribution
in FY20 covered
20%
of one student-athlete’s
cost of attendance*
HAILeY BROWN
Women’s Basketball
Communications Major
Class of 2021
YOUR IMPACT
Building leaders
Being a communications and media studies major, my career
path interests are widespread. I’m interested in broadcasting,
journalism, public relations (which strongly reflect my major), but
I am also strongly pursuing marketing and interior design as well.
Once I graduate from Michigan, I’m planning on getting a job or
internship in one of those fields.
Being a student-athlete here has helped me a lot based on the
resources, opportunities and experiences I have had. Michigan
alumni are everywhere and more so Michigan student-athlete
alumni — this has been a huge benefit for me as networking is
extremely important in the industries I want to work in.”
YOUR IMPACT
Building leaders
Daniel Butael
Men’s Track and Field
Computer Science Major
Class of 2021
I plan on dedicating the first year to track and field in order to bring myself to an Olympic
level. If everything works out well I would like to pursue the Paris 2024 Olympic Games.
I also plan on working in the first year partially as a computer scientist in order to gain
experience in the field. In addition, I will try to get involved in several entrepreneurial
actions such real-estate, selling on Amazon and stock markets.
My experience as a student-athlete first of all allowed me to improve as an athlete and
put me in a position to pursue the Olympics. In addition, by learning how to manage
academics and athletics I gained confidence in my ability to work in several streams and
be more productive. That’s why I think about not just doing computer science but also
entrepreneurship.”
YOUR IMPACT
Empowering academic success
Eight teams received Division I Academic Progress Rate (APR) Public Recognition Awards
from the NCAA in 2020:
Each team posted multi-year APR scores in the top 10 percent of all squads in their
respective sports.
BASEBALL
MEN’S BASKETBALL
WOMEN’S BASKETBALL
WOMEN’S GOLF
MEN’S LACROSSE
SOFTBALL
MEN’S SWIMMING AND DIVING
WOMEN’S TENNIS
170+
Student-athletes
graduated in 2020
In a recently released 2019–20 report, an app used to track community-engagement hours
ranked Michigan Athletics 10th among the more than 100 Division I athletic departments
that use tha app and No. 1 in the Big Ten for hours of community service performed.
BREAKDOWN OF COMMUNITY SERVICE:
2,300
Hours of visits to
C.S. Mott Children’s
Hospital
1,000+
Hours to holiday
giving drives
500+
Hours to VA
Ann Arbor
YOUR IMPACT
Serving the community
Colette Hemker
Assistant Director of Leadership
and Community Engagement
Our student-athletes accomplish amazing feats
academically and athletically at one of the most
competitive universities in the country. What
they’ve achieved in service to our community
by their own volition is absolutely incredible and
speaks volumes about their character. They make
us proud on a daily basis.”
AS A FIRST GENERATION COLLEGE STUDENT, HOW
HAS YOUR EXPERIENCE AS A STUDENT-ATHLETE ON
SCHOLARSHIP IMPACTED YOU PERSONALLY?
It allowed me to make the foods I like to make and learn how to
budget money. If I was not on scholarship I would not have been
able to attend a University. This means the world and allows me to
not stress over finances.
WHY DID YOU CHOOSE MICHIGAN?
It’s the best mix of academics and sports. It allows me to build my
platform as well as meet and make bonds with people that will be
leaders and best.
WHAT ARE YOUR CAREER PLANS POST-
GRADUATION?
Play my sport at the highest level I can. After that I would like to
come back to college and get my master’s in social work as well
as be a GA for some basketball program and move on to being a
counselor.
Eli Brooks
Expected graduation year: 2021
Major: General Studies
YOUR IMPACT
First-generation college student Spotlight
2 0 2 0 i m pa c t r e p o r t
P E R S O N A L I Z E D F O R Y O U :
Endowed Scholarship
ISAIAH
PAIGE
BASEBALL
RED SHIRT SOPHOMORE
RIGHT-HANDED PITCHER
DIAMOND BAR, CA
Newton Family Scholarship
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HOW WOULD THOSE CLOSEST TO
YOU DESCRIBE YOU?
WHO INSPIRED YOU AS A YOUNG
ATHLETE? WHY?
WHAT IS THE LEGACY YOU WANT TO LEAVE AT MICHIGAN?
WHAT HAS BEEN YOUR MOST MEMORABLE VOLUNTEERING EXPERIENCE?
HOW DO YOU HOPE TO GROW
DURING THE REST OF YOUR TIME
AT MICHIGAN?
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WHAT WOULD YOU SAY TO A
MICHIGAN ATHLETICS DONOR WHO
HAS IMPACTED DIRECTLY IMPACTED YOU
AS A STUDENT-ATHLETE?
0,000,000
Scholarship Book Value
0,000,000
Scholarship Market Value
0,000,000
Scholarship Distributions
0,000,000
Quasi Scholarship Book Value
0,000,000
Quasi Scholarship Market Value
0,000,000
Quasi Scholarship Distributions
0,000,000
Market Value needed to fully fund scholarship
0,000,000
Distribution needed to fully fund scholarship
Percentage to goal to fully endow
your specific sport(s)
Percentage to goal to fully endow
one scholarship
All numbers are reflective of where your scholarship was as of June 30, 2020.
Market Value: Reflects the worth of the fund on the given date.
Book Value: The total of all gifts to the fund and any distributions that have been reinvested as of that date.
Endowment Distributions: Made quarterly and transferred either to an endowment’s companion expandable fund or reinvested in the endowment.
Firstname Lastname
2020
Firstname Lastname
2019
Firstname Lastname
2018
Firstname Lastname
2017
Firstname Lastname
2016