Liquidity
May 31, 2024 & 2025
(in thousands of dollars)
| 2024 | 2025 | ||
|---|---|---|---|
| Financial assets: | |||
| Cash and cash equivalents | $225,931 | $223,032 | |
| Student accounts receivable, net | 58,541 | 59,242 | |
| Contributions receivable, net | 91,404 | 89,904 | |
| Grants and other receivables, net | 27,105 | 43,677 | |
| Student loans receivable, net | 1,702 | 1,553 | |
| Long-term investments, at fair value | 2,282,029 | 2,317,580 | |
| Financial assets at year-end | 2,686,712 | 2,734,988 | |
| Less assets unavailable for expenditure within one year: | |||
| Endowment assets with perpetual restrictions | (1,007,701) | (1,053,785) | |
| Endowment assets subject to future appropriation | (708,341) | (723,621) | |
| Assets subject to time or purpose restrictions by donor | (101,123) | (93,965) | |
| Board designated endowment funds | (387,015) | (397,396) | |
| Financial assets available to meet cash needs for general expenditures within one year | $482,532 | $466,221 |