Usibelli Coal Mine Impact Report

2025
Cumulative Investment — Top 5 Areas of Impact

UAF CTC students enrolled in the Diesel and Heavy Equipment course test generators at the Hutchison Institute of Technology on Nov.13, 2024.

Mining engineering majors Summer Garvey, left, and Siena Rosetti pose by a rusty hand-rail car at UAF's Silver Fox Mine about 15 miles north of ²ÊÉñix¹ÙÍø.
Scholarships by College/Unit — Cumulative
Scholarships Detail — Cumulative

Kenda Harter shakes hands with faculty members and administrators during the induction ceremony for UAF's Honors Program.

Tony Craig, left, and George Jensen work together disassembling a transmission in the diesel mechanics lab at the Hutchison Institute of Technology.
Awarded Scholarships and Students — Cumulative
Awarded Scholarships — 2023-2024

Participants in UAF's 2016 Rural Alaska Honors Institute toss their caps after the conclusion of their graduation ceremony at the Schaible Auditorium.
4 SIGNATURE CAPITAL PROJECTS
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Scholarship Balances*
*Explanation of Terminology
Term | Definition |
---|---|
"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. |
"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. |