INCOME1936 1935 Investment income distributed to endowment funds $5,142,935.97 $4,998,217.83 Less income from restricted endowment funds not available for use, reserved for use in future years, or applied to repay advances made in previous years 345,731.66 289,203.13 $4,797,204.31 $4,709,014.70 Plus amounts withdrawn from accumulated income of restricted endowment funds and amounts advanced against the income of future years 89,095.60 163,914.90 4,886,299.91 4,872,929.60 Less paid and payable therefrom to life beneficiaries of trusts 215,834.19 162,429.27
Total Income from endowment funds 4,670,465.72 4,710,500.33 Gifts for immediate use 1,254,938.07 1,284,814.08 Receipts for special purposes 180,492.44 183,040.60 Total gifts and receipts 1,435,430.51 1,467,854.68 Less gifts and receipts not available for use 151,072.69 216,349.75 1,284,357.82 1,251,504.93 Plus amounts withdrawn from the accumulated balances of gifts and receipts anticipated in future years 140,263.61 173,618.91
Total Gifts and Receipts 1,424,621.43 1,425,123.84 Tuition and other student fees for instruction 3,262,467.08 3,201,525.08 Other income 3,174,737.60 2,991,542.55
TOTAL INCOME $12,532,291.83 $12,328,691.80 EXPENSES 1936 1935 Salaries of officers of instruction and research, and of administration $4,567,153.81 $4,443,391.54 Services, wages, and other expenses of instruction and research, and of administration 3,486,734.81 3,411,324.74 Academic buildings and grounds, operating expenses 630,731.57 635,031.74 Academic buildings and grounds, improvements 24,463.54 113,430.81 Scholarships and other student aids, (exclusive of loans) 541,823.48 527,124.90 Retiring allowances 297,657.84 290,299.66 Income from dormitories credited to other income of certain departments of instruction and research 143,420.63 60,813.30 Interest on and amortization of advances for construction of buildings 185,158.81 220,343.60 Other expenses 2,496,972.78 2,460,211.01
TOTAL EXPENSES $12,444,997.27 $12,235,811.30 Balance of Income over Expenses $87,294.56 $92,880.50
