b'General Endowment($ millions)Beginning Contributions/ Net Change inEndingHU Total Fiscal YearMarket ValueReceiptsWithdrawalsMarket ValueMarket ValueReturn07/01/09-06/30/10$ 23.33$ 1.35$ (1.47) $ 2.98$ 26.1913.7%07/01/10-06/30/11$ 26.19$ 0.58$ (1.57) $ 6.27$ 31.4724.7%07/01/11-06/30/12$ 31.47$ 1.25$ (2.06)$ (0.55)$ 30.11-2.3%07/01/12-06/30/13$ 30.11$ 3.13$ (2.37) $ 2.97$ 33.8511.2%07/01/13-06/30/14$ 33.85$ 5.10$ (2.09) $ 6.36$ 43.2118.0%07/01/14-06/30/15$ 43.21$ 2.51$ (1.81) $ 1.85$ 45.762.5%07/01/15-06/30/16$ 45.76$ 2.70$ (2.84) $ (0.79)$ 44.83-1.8%07/01/16-06/30/17$ 44.83$ 1.32$ (2.85) $ 5.61$ 48.9112.5%07/01/17-06/30/18$ 48.91$ 2.19$ (2.76) $ 3.33$ 52.248.2%07/01/18-06/30/19$52.24$ 1.18$ (2.43)$ 1.00$ 51.992.4%07/01/19-12/31/19$ 51.99$ 1.40$ (2.53)$ 0.52$ 51.411.0%07/01/20-12/31/20$ 51.41$ 0.53$ (1.28)$ 7.19$ 57.8514.0%Note: The market value of the General Endowment was $61.17 million as of 4/14/2021.Authority!e Heidelberg University Board of Trustees has designated the oversight responsibilities for the General Endowment Fund to its Finance and Facilities Committee (the Committee). !e Committee at its discretion may appoint an Investment Subcommittee that can serve on behalf of the full Committee. !e Committee and the Investment Subcommittee will provide oversight and review of the investment program and have been authorized to retain professional services from investment consultants and investment managers. !e Committee and Investment Subcommittee may delegate certain day-to-day responsibilities for implementing the investment program to these consultants and managers.2'