Usibelli Coal Mine Impact Report
2025
Cumulative Investment — Top 5 Areas of Impact
°Ä²Êͼ¿â CTC students enrolled in the Diesel and Heavy Equipment course test generators at the Hutchison Institute of Technology on Nov.13, 2024.
Scholarships by College/Unit — Cumulative
Scholarships Detail — Cumulative
The 2025 Arctic Innovation Competition hosted by the College of Business and Security Management with support from Usibelli Coal Mine & Lisa Cassino, April 19, 2025.
Tony Craig, left, and George Jensen work together disassembling a transmission in the diesel mechanics lab at the Hutchison Institute of Technology in 2023.
Awarded Scholarships and Students — Cumulative
Awarded Scholarships — 2023-2024
CEM graduate David Starts receives his diploma while crossing the stage at the 2023 Commencement Ceremony hosted at the Carlson Center.
4 SIGNATURE CAPITAL PROJECTS
THANK
YOU!
UA Foundation Fund Balances*
College of Engineering and Mines
College of Business and Security Management
General
Athletics
Honors College
°Ä²Êͼ¿â Community and Technical College
Office of the Vice Chancellor for Research
*Explanation of Terminology
| Term | Definition |
|---|---|
| "Spending Account Balance" | The full portion of the endowment that is available to be awarded, or used. These funds may already be fully or partially committed. |
| "Spending Distribution" | The portion of earnings transferred from the endowment to the spending account where it is then available to support the philanthropic purpose of the fund. The UA Foundation's spending guidelines direct this amount as a percentage of the total market value of the fund (principal and earnings), based on a five-year rolling average as of Dec. 31. The UA Foundation Board of Directors has set this at 4 percent annually for the past several years. |
| "Historic Gift Value" | The original value of all contributions to the endowment, net of the 1 percent administrative fee. This balance may include outstanding pledges. |
| "Earnings" | The net investment earnings as they have accumulated over time, a portion of which are transferred annually to the spending account of the fund for use in accordance with the UA Foundation's spending guidelines. |
| "Total Principal Balance" | The combined total of the Historic Gift Value plus the Earnings. |
UA Foundation Financials
The UA Foundation is a private nonprofit corporation that operates as a public foundation. It was established to solicit, manage, and invest donations for the University of Alaska's exclusive benefit. The UA Foundation stewards your philanthropic support to build excellence at the University of Alaska.