Endowment reports

Endowment reports

Our proud history of philanthropy

For more than 145 years, endowments have played an invaluable role in supporting the core needs of our students and researchers, enabling them to make ground-breaking contributions to local, national and international communities. 

Endowed funds are amongst the University’s most important sources of philanthropic support. Secured in perpetuity, they underwrite core activities and programs including scholarships, research, professorial chairs and fellowships, and the maintenance of our historic buildings and heritage. 

Donors can establish individual endowment funds or contribute to the University’s general endowment fund. As it grows, the endowment fund strengthens the University and provides a flow of predictable revenue, enabling the University to be less reliant on volatile funding sources such as grants and enrolments.

Adelaide University’s endowment Fund Investment Report provides an overview of how the fund is managed and how it performed in the recent financial year.


An endowment is created by a donor from a gift, with the majority of endowments having a legal stipulation that the original gift may never be expended and only the earnings can be used. The objective of the endowment fund is to provide both long-term capital growth and a current income stream, which is critical to sustaining and enhancing the University’s position amongst the best in the world.

An endowment is a permanent, perpetual and sustaining source of funding. Management and investment of our endowed funds is governed by the overarching objective of maximising returns while balancing risk, to meet the funds financial commitments and support long-term strategic goals.  Only a portion of the investment’s earnings is used each year to support the fund’s purpose with any earnings in excess of this distribution used to build the fund’s market value.

The endowment fund provides consistent income and enables the University to make commitments independent of volatile government funding and revenue cross-subsidy.

With a committed source of funding, the University can provide scholarships and financial support to students, create professorships, introduce new programs, and continue research programs that support the exploration and development of improved treatments and health outcomes, environmental sustainability, the arts and more.

Setting up an endowment is not just for large organisations. With a minimum gift of $20,000, your gift can be combined with other like-minded donors to support a chosen area of interest. 

Many donors also choose to name their fund, or to honour a loved one or a favourite Professor – the choice is yours. Below is a guide to minimum funding levels and examples of different types of endowments:

  • $20,000 will establish an unrestricted named endowed prize in your chosen area of study. 

  • $50,000 will establish an unrestricted named endowed grant to support students to undertake a designated component of a program, for example a placement or international exchange. 

  • $150,000 will establish an unrestricted named endowed undergraduate scholarship in your chosen area of study. 

  • $700,000 will establish a Higher Degree by Research (HDR) scholarship (non-Aboriginal). 

  • $1,100,000 will establish a Higher Degree by Research (HDR) scholarship (Aboriginal). 

  • $5,000,000 will establish a named endowed chair to support a distinguished research post.

The University Finance Committee, a Standing Committee of the University’s Council, oversees all investment related activities regarding the Funds investment profile, providing recommendations of the strategic asset allocation and investment objectives to the University Council for approval.

Reports are provided monthly by fund managers and quarterly performance reports are provided to the Finance Committee to ensure timely monitoring and oversight.

Independent asset advisors have also been engaged to provide ongoing asset allocation and governance advice. The advisor reviews fund manager performance and provides updates and recommendations on fund investments to the Finance Committee.

A growth-biased investment strategy has been adopted, consistent with the Fund’s objective of providing both long-term capital growth and a current income stream through exposure to a diversified investment portfolio.

Current endowment report

Endowment report - 2024

Size
1 MB
Format
PDF Document

Past endowment reports 

Endowment report - 2023

Size
1 MB
Format
PDF Document

Endowment report - 2022

Size
763 KB
Format
PDF Document

Endowment report - 2021

Size
487 KB
Format
PDF Document