{
    "document_id": 16531,
    "page": 90,
    "width_pt": 612,
    "height_pt": 792,
    "rotation": 0,
    "pipeline_version": "paddleocr-vl-1.6+paul-48",
    "engine": "paddleocr_vl",
    "source_run_id": 16642,
    "item_count": 37,
    "counts_by_type": {
        "footer": 1,
        "header": 2,
        "heading": 1,
        "list": 1,
        "list_item": 7,
        "table": 1,
        "table_cell": 20,
        "text": 4
    },
    "build_ms": 6,
    "items": [
        {
            "id": "p90.1",
            "order": 1,
            "type": "header",
            "bbox": {
                "l": 217.44,
                "t": 754.32,
                "r": 393.84,
                "b": 740.4
            },
            "text": "KENTUCKY STATE UNIVERSITY",
            "attrs": {
                "block_label": "header"
            },
            "level": 2
        },
        {
            "id": "p90.2",
            "order": 2,
            "type": "header",
            "bbox": {
                "l": 216.24,
                "t": 722.4,
                "r": 395.76,
                "b": 695.76
            },
            "text": "NOTES TO FINANCIAL STATEMENTS\nJUNE 30, 2022",
            "attrs": {
                "block_label": "header"
            },
            "level": 2
        },
        {
            "id": "p90.3",
            "order": 3,
            "type": "heading",
            "bbox": {
                "l": 68.88,
                "t": 680.88,
                "r": 450,
                "b": 667.44
            },
            "text": "NOTE 18 – KENTUCKY STATE UNIVERSITY FOUNDATION, INC. (CONTINUED)",
            "attrs": {
                "block_label": "paragraph_title"
            },
            "level": 3
        },
        {
            "id": "p90.4",
            "order": 4,
            "type": "text",
            "bbox": {
                "l": 69.6,
                "t": 652.56,
                "r": 191.52,
                "b": 639.36
            },
            "text": "Endowment Composition"
        },
        {
            "id": "p90.5",
            "order": 5,
            "type": "text",
            "bbox": {
                "l": 68.64,
                "t": 624.72,
                "r": 541.92,
                "b": 569.28
            },
            "text": "The Foundation’s endowment consists of approximately 52 individual funds established by donors to provide annual funding for specific activities and general operations. The endowment also includes certain net assets without donor restrictions that have been designated for endowment by the Board of Trustees."
        },
        {
            "id": "p90.6",
            "order": 6,
            "type": "text",
            "bbox": {
                "l": 68.4,
                "t": 554.4,
                "r": 542.16,
                "b": 386.16
            },
            "text": "The Foundation’s Board of Trustees has interpreted the Commonwealth of Kentucky Uniform Prudent Management of Institutional Funds Act (UPMIFA) as requiring the preservation of the fair value of the original gift as of the date of the donor-restricted endowment funds, unless there are explicit donor stipulations to the contrary. As of June 30, 2022, there were no such donor stipulations. As a result of this interpretation, the Foundation retains in perpetuity (a) the original value of initial and subsequent gift amounts including promises to give net of discount and allowance for doubtful accounts donated to the endowment and (b) any accumulations to the endowment made in accordance with the direction of the applicable donor gift instrument at the time the accumulation is added. Donor-restricted amounts not retained in perpetuity are subject to appropriation for expenditure by the Foundation in a manner consistent with the standard of prudence prescribed by UPMIFA. The Foundation considers the following factors in deciding to appropriate or accumulate donor-restricted endowment funds:"
        },
        {
            "id": "p90.7",
            "order": 7,
            "type": "list",
            "bbox": {
                "l": 86.4,
                "t": 372.96,
                "r": 462,
                "b": 276
            },
            "text": "",
            "attrs": {
                "item_count": 7
            },
            "children": [
                {
                    "id": "p90.7.1",
                    "order": 8,
                    "type": "list_item",
                    "bbox": {
                        "l": 86.4,
                        "t": 372.96,
                        "r": 305.04,
                        "b": 360.48
                    },
                    "text": "The duration and preservation of the fund",
                    "marker": "•"
                },
                {
                    "id": "p90.7.2",
                    "order": 9,
                    "type": "list_item",
                    "bbox": {
                        "l": 87.12,
                        "t": 358.8,
                        "r": 462,
                        "b": 346.32
                    },
                    "text": "I he purposes of the organization and the donor-restricted endowment fund",
                    "marker": "-"
                },
                {
                    "id": "p90.7.3",
                    "order": 10,
                    "type": "list_item",
                    "bbox": {
                        "l": 87.12,
                        "t": 344.64,
                        "r": 245.76,
                        "b": 332.64
                    },
                    "text": "General economic conditions"
                },
                {
                    "id": "p90.7.4",
                    "order": 11,
                    "type": "list_item",
                    "bbox": {
                        "l": 86.64,
                        "t": 330.96,
                        "r": 314.4,
                        "b": 318.72
                    },
                    "text": "The possible effect of inflation and deflation"
                },
                {
                    "id": "p90.7.5",
                    "order": 12,
                    "type": "list_item",
                    "bbox": {
                        "l": 86.64,
                        "t": 317.04,
                        "r": 458.64,
                        "b": 304.08
                    },
                    "text": "The expected total return from income and the appreciation of investments"
                },
                {
                    "id": "p90.7.6",
                    "order": 13,
                    "type": "list_item",
                    "bbox": {
                        "l": 86.88,
                        "t": 302.4,
                        "r": 275.04,
                        "b": 290.64
                    },
                    "text": "Other resources of the organization"
                },
                {
                    "id": "p90.7.7",
                    "order": 14,
                    "type": "list_item",
                    "bbox": {
                        "l": 86.88,
                        "t": 288.72,
                        "r": 309.84,
                        "b": 276
                    },
                    "text": "The investment policies of the organization"
                }
            ]
        },
        {
            "id": "p90.8",
            "order": 15,
            "type": "text",
            "bbox": {
                "l": 69.84,
                "t": 261.12,
                "r": 461.52,
                "b": 247.92
            },
            "text": "Endowment net asset composition by type of fund as of June 30, 2022, is as follows:"
        },
        {
            "id": "p90.9",
            "order": 16,
            "type": "table",
            "bbox": {
                "l": 79.92,
                "t": 234.96,
                "r": 530.64,
                "b": 106.32
            },
            "text": "",
            "attrs": {
                "block_label": "table",
                "n_rows": 5,
                "n_cols": 4,
                "integrity": {
                    "cells_checked": 19,
                    "cells_flagged": 0
                }
            },
            "children": [
                {
                    "id": "p90.9.1",
                    "order": 17,
                    "type": "table_cell",
                    "bbox": {
                        "l": 79.92,
                        "t": 234.96,
                        "r": 192.6,
                        "b": 209.232
                    },
                    "text": "",
                    "attrs": {
                        "row": 0,
                        "col": 0,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p90.9.2",
                    "order": 18,
                    "type": "table_cell",
                    "bbox": {
                        "l": 334.076416,
                        "t": 234.28556300000002,
                        "r": 372.237645,
                        "b": 188.78380000000004
                    },
                    "text": "Without Donor Restrictions",
                    "attrs": {
                        "row": 0,
                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true,
                        "column_header": true,
                        "header_source": "heuristic"
                    }
                },
                {
                    "id": "p90.9.3",
                    "order": 19,
                    "type": "table_cell",
                    "bbox": {
                        "l": 411.636783,
                        "t": 234.28556300000002,
                        "r": 449.721598,
                        "b": 188.78380000000004
                    },
                    "text": "With Donor Restrictions",
                    "attrs": {
                        "row": 0,
                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true,
                        "column_header": true,
                        "header_source": "heuristic"
                    }
                },
                {
                    "id": "p90.9.4",
                    "order": 20,
                    "type": "table_cell",
                    "bbox": {
                        "l": 482.532371,
                        "t": 234.28556300000002,
                        "r": 522.176035,
                        "b": 188.78380000000004
                    },
                    "text": "Total Net Endowment Assets",
                    "attrs": {
                        "row": 0,
                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true,
                        "column_header": true,
                        "header_source": "heuristic"
                    }
                },
                {
                    "id": "p90.9.5",
                    "order": 21,
                    "type": "table_cell",
                    "bbox": {
                        "l": 85.201041,
                        "t": 187.00313100000005,
                        "r": 204.315426,
                        "b": 173.05928200000005
                    },
                    "text": "Board-designated endowment fund",
                    "attrs": {
                        "row": 1,
                        "col": 0,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true
                    }
                },
                {
                    "id": "p90.9.6",
                    "order": 22,
                    "type": "table_cell",
                    "bbox": {
                        "l": 346.537452,
                        "t": 187.00313100000005,
                        "r": 380.228453,
                        "b": 173.05928200000005
                    },
                    "text": "$ 1,596,904",
                    "attrs": {
                        "row": 1,
                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true
                    }
                },
                {
                    "id": "p90.9.7",
                    "order": 23,
                    "type": "table_cell",
                    "bbox": {
                        "l": 369.443789,
                        "t": 155.56366200000002,
                        "r": 380.210543,
                        "b": 141.61981300000002
                    },
                    "text": "$ -0-",
                    "attrs": {
                        "row": 1,
                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true
                    }
                },
                {
                    "id": "p90.9.8",
                    "order": 24,
                    "type": "table_cell",
                    "bbox": {
                        "l": 490.68874,
                        "t": 187.00313100000005,
                        "r": 524.303327,
                        "b": 173.05928200000005
                    },
                    "text": "$ 1,596,904",
                    "attrs": {
                        "row": 1,
                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true
                    }
                },
                {
                    "id": "p90.9.9",
                    "order": 25,
                    "type": "table_cell",
                    "bbox": {
                        "l": 85.201041,
                        "t": 171.284991,
                        "r": 266.261755,
                        "b": 141.61981300000002
                    },
                    "text": "Original donor-restricted gift amount and amounts required by to be maintained in perpetuity by donor",
                    "attrs": {
                        "row": 2,
                        "col": 0,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true
                    }
                },
                {
                    "id": "p90.9.10",
                    "order": 26,
                    "type": "table_cell",
                    "bbox": {
                        "l": 369.461698,
                        "t": 139.84552299999996,
                        "r": 380.228453,
                        "b": 125.90167399999996
                    },
                    "text": "-0-",
                    "attrs": {
                        "row": 2,
                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true
                    }
                },
                {
                    "id": "p90.9.11",
                    "order": 27,
                    "type": "table_cell",
                    "bbox": {
                        "l": 418.693279,
                        "t": 155.56366200000002,
                        "r": 452.231451,
                        "b": 141.61981300000002
                    },
                    "text": "5,338,111",
                    "attrs": {
                        "row": 2,
                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true
                    }
                },
                {
                    "id": "p90.9.12",
                    "order": 28,
                    "type": "table_cell",
                    "bbox": {
                        "l": 490.68874,
                        "t": 155.56366200000002,
                        "r": 524.303327,
                        "b": 141.61981300000002
                    },
                    "text": "5,338,111",
                    "attrs": {
                        "row": 2,
                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true
                    }
                },
                {
                    "id": "p90.9.13",
                    "order": 29,
                    "type": "table_cell",
                    "bbox": {
                        "l": 85.201041,
                        "t": 139.84552299999996,
                        "r": 187.16809,
                        "b": 125.90167399999996
                    },
                    "text": "Accumulated investment gains",
                    "attrs": {
                        "row": 3,
                        "col": 0,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true
                    }
                },
                {
                    "id": "p90.9.14",
                    "order": 30,
                    "type": "table_cell",
                    "bbox": {
                        "l": 441.617525,
                        "t": 187.00313100000005,
                        "r": 452.307865,
                        "b": 173.05928200000005
                    },
                    "text": "-0-",
                    "attrs": {
                        "row": 3,
                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true
                    }
                },
                {
                    "id": "p90.9.15",
                    "order": 31,
                    "type": "table_cell",
                    "bbox": {
                        "l": 418.693279,
                        "t": 139.84552299999996,
                        "r": 452.231451,
                        "b": 125.90167399999996
                    },
                    "text": "1,724,325",
                    "attrs": {
                        "row": 3,
                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true
                    }
                },
                {
                    "id": "p90.9.16",
                    "order": 32,
                    "type": "table_cell",
                    "bbox": {
                        "l": 490.68874,
                        "t": 139.84552299999996,
                        "r": 524.303327,
                        "b": 125.90167399999996
                    },
                    "text": "1,724,325",
                    "attrs": {
                        "row": 3,
                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true
                    }
                },
                {
                    "id": "p90.9.17",
                    "order": 33,
                    "type": "table_cell",
                    "bbox": {
                        "l": 85.201041,
                        "t": 124.12419399999999,
                        "r": 168.140965,
                        "b": 110.18034499999999
                    },
                    "text": "Total operating expenses",
                    "attrs": {
                        "row": 4,
                        "col": 0,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true
                    }
                },
                {
                    "id": "p90.9.18",
                    "order": 34,
                    "type": "table_cell",
                    "bbox": {
                        "l": 346.537452,
                        "t": 124.12419399999999,
                        "r": 380.228453,
                        "b": 110.18034499999999
                    },
                    "text": "$ 1,596,904",
                    "attrs": {
                        "row": 4,
                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true
                    }
                },
                {
                    "id": "p90.9.19",
                    "order": 35,
                    "type": "table_cell",
                    "bbox": {
                        "l": 418.693279,
                        "t": 124.12419399999999,
                        "r": 452.231451,
                        "b": 110.18034499999999
                    },
                    "text": "$ 7,062,436",
                    "attrs": {
                        "row": 4,
                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true
                    }
                },
                {
                    "id": "p90.9.20",
                    "order": 36,
                    "type": "table_cell",
                    "bbox": {
                        "l": 490.68874,
                        "t": 124.12419399999999,
                        "r": 524.303327,
                        "b": 110.18034499999999
                    },
                    "text": "$ 8,659,340",
                    "attrs": {
                        "row": 4,
                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1,
                        "bbox_refit": true
                    }
                }
            ]
        },
        {
            "id": "p90.10",
            "order": 37,
            "type": "footer",
            "bbox": {
                "l": 298.08,
                "t": 48.24,
                "r": 312.24,
                "b": 36.72
            },
            "text": "87.",
            "attrs": {
                "block_label": "number"
            }
        }
    ],
    "excluded_furniture": {
        "first": [],
        "last": []
    }
}