St. John's Financial Condition Remains Strong

In 2006, net assets increased $49.7 million, or 14%. Contributing to the increase was a $32.3 million, or 14%, growth in the University’s investment portfolio and operating revenues over operating expenses of $13.9 million. In May 2006, the University celebrated the successful completion of its capital campaign which raised $271 million, far exceeding the goal of $250 million.