Finances

Student U has raised $25 million dollars over the past ten years in cash and an additional $5 million dollars in in-kind donations.Last year, Student U acquired management responsibilities over the 55,000 square foot W.G. Pearson Center building after an extensive renovation process without taking on debt. With about 55% of funding coming from foundations, 15% from government grants, 5% from organizations, and 25% from individuals, no one source is irreplaceable.

Student U’s finance committee oversees a reserve policy which states that Student U must always have 33% of funds projected to be needed three years in the future, in a reserve fund. This conservative policy ensures Student U will be able to weather any financial emergency.

Each year, Student U undergoes a full financial audit. For ten years in a row, Student U has received a clean opinion with no findings.

Our Annual Reports

Student U is proud of the success of our students and of our continued financial accountability. For your review are our current and past annual reports.

Student U 2017 Annual Report

Student U 2016 Annual Report

Student U 2015 Annual Report

Student U 2014 Annual Report

Student U 2013 Annual Report

Student U 2012 Annual Report

Our IRS 990s

Our 2014, 2015, 2016, and 2017 IRS 990s are available upon request.

Please call or email Chief Operating officer Amy Salo at 919-267-3958 ext. 205 or at amy.salo@studentudurham.org if you would like to request them.


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