13
FY
21
ANNUAL
FINANCIAL
REPORT
TCNJ's assets have grown significantly over the past years. A purposeful investment strategy has led to excess cash
allocation to the Contingency and Core Cash portfolios in prior fiscal years, aided by significant market value
appreciation of more than $44.2 million as reflected in the chart below.
e Foundation's $31.1 million growth in investment assets over the past five fiscal years can be attributed to
positive investment performance and the college's successful comprehensive fundraising campaign.
