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Eastern Michigan University's endowment value closed with a market value of a little more than $46.6 million for 2008. The value includes planned gifts of nearly $1.4 million under management by the EMU Foundation. In spite of market declines that took place over the past fiscal year, the Foundation provided increased income from endowed scholarships and other endowments to EMU due to the Foundation's market value average spending policy. Endowment values for the past five years are as follows:

EMU Foundation market value chart

2008 $46,619,891

2007 $50,611,186

2006 $44,824,451

2005 $39,762,915

2004 $35,796,418

Source: Eastern Michigan University Annual Report