The Lincoln University Foundation, Inc.Statement of Assets and
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Assets |
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| Cash Accounts |
$ 547,943.61
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| Investments |
$ 4,116,401.08
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| Total Assets |
$ 5,757,012.24
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Liabilities and Fund Balance |
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| Liabilities (Unallocated Interest) |
$ 154,882.46
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| Special Purpose Funds |
$ 244,261.71
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| Endowed Funds |
$ 4,862,021.43
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| Scholarship Funds |
$ 260,533.44
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| Unrestricted |
$ 235,313.20
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| Total Liabilities and Fund Balance |
$ 5,757,012.24
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Investment Policy
The Foundation Board approved the Investment Policy for the Foundation which states that it was "designed to assist in effectively supervising, monitoring and evaluating the investment of the assets."
The Foundation's funds are invested at Central Trust Bank and are managed by Michael Prenger, Vice President and Senior Trust Officer, and Matt Tolksdorf, Vice President and Investment Officer. Mr. Prenger is a Certified Financial Planner and Certified Trust and Financial Advisor with over 25 years financial and trust banking experience, concentrating in investment management accounts and public and private foundations. Mr. Tolksdorf is a Chartered Financial Analyst and is chief investment officer with 18 years of trust investment experience.
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Portfolio Allocation
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| Equity Mutual Funds |
75%
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| Fixed Income Mutual Funds |
10%
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| Government and Agencies |
14%
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| Cash and Cash Equivalents |
1%
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| Notes, Mortgages and Contracts |
0%
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If you would like a copy of the Foundation's Investment Policy,
please call (800) 856-3707 or advance@lincolnu.edu