Year ended June 30, 2015
| Unrestricted | Temporarily Restricted | Permanently Restricted | Total | |
|---|---|---|---|---|
| Revenues, gains and other support: | ||||
| Contributions | $ 23,913 | $ 583,878 | $ 126,439 | $ 734,230 |
| Investment income: | ||||
| Interest and dividends | 5,335 | 232,353 | - | 237,688 |
| Realized and unrealized gains | 4,843 | 207,401 | - | 212,244 |
| Total investment income | 10,178 | 439,754 | - | 449,932 |
| Releases from restrictions | 810,832 | (810,832) | - | - |
| Total revenues, gains and other support | 844,923 | 212,800 | 126,439 | 1,184,162 |
| Expenses | ||||
| Scholarships | 163,574 | - | - | 163,574 |
| Operating expenses | 159,846 | - | - | 159,846 |
| Personal services | 79,289 | - | - | 79,289 |
| University support | 206,351 | - | - | 206,351 |
| Student support | 156,036 | - | - | 156,036 |
| Travel and promotion | 89,252 | - | - | 89,252 |
| Total expenses | 854,348 | - | - | 854,348 |
| Change in net assets | (9,425) | 212,800 | 126,439 | 329,814 |
| Net assets, beginning of year | 377,256 | 7,285,817 | 3,465,357 | 11,128,430 |
| Reclassification | (33,140) | (6,492) | 39,632 | - |
| Net assets, end of year | $ 334,691 | $ 7,492,125 | $ 3,631,428 | $ 11,458,244 |