PROPOSED CORRECTION FOR PRIOR ENDOWMENT WITHDRAWALS
UNADJUSTED MARKET VALUEPROPOSED CORRECTING ENTRIESADJUSTED MARKET VALUE
CORRECTION OF WITHDRAWALS1INVESTMENT EARNINGS2TOTAL3/31/2023
ENDOWMENT FUND3/31/2023204,230.1525,728.31229,958.461,667,123.92
Endowed Chair Fund1,437,165.4664,398.358,112.7372,511.08525,681.63
CESKAA453,170.5540,726.795,130.6445,857.43332,451.49
Library Fund286,594.0640,742.035,132.5645,874.59332,575.77
Program of Distinction286,701.1817,141.132,159.3819,300.51139,922.44
Professorship of Business120,621.93176,847.9622,278.80199,126.761,443,604.07
Professorship of Business TIII-031,244,477.31226,345.4328,514.33254,859.761,847,650.13
Professorship of Business TIII-041,592,790.37(1,567,732.97)(194,027.20)(1,761,760.17)6,721,070.37
Student Scholarship Fund8,482,830.54148,897.5818,757.68167,655.261,215,445.94
Professorship of Education1,047,790.68141,737.9717,855.75159,593.721,157,002.30
Professorship of Education TIII-03997,408.5868,911.848,681.3477,593.18562,525.09
Professorship of Math & Science TIII-05484,931.91211,428.5426,635.15238,063.691,725,884.13
Professorship of Math & Science TIII-061,487,820.44146,139.9018,410.28164,550.181,192,935.07
Professorship of Math & Science TIII-071,028,384.8980,185.306,630.2586,815.55912,056.34
Campus Information Technology825,240.79(0.00)0.000.0019,775,928.69
1 Correcting entry to allocate the prior endowment withdrawals to the General Scholarship Fund within the Student Scholarship Fund.
2 Correcting entry to allocate the appropriate amount of investment earnings assuming the withdrawals were allocated to the General Scholarship Fund on the date of withdrawal.
ALLOCATION OF PRIOR ENDOWMENT WITHDRAWALS:
ENDOWMENT FUNDJUN 2019MAR 2020DEC 2020TOTAL
Endowed Chair Fund$ (64,586.61)$ (69,540.66)$ (70,102.88)$ (204,230.15)
CESKAA(20,365.61)(21,927.73)(22,105.01)(64,398.35)
Library Fund(12,879.61)(13,867.53)(13,979.65)(40,726.79)
Program of Distinction(12,884.43)(13,872.72)(13,984.88)(40,742.03)
Professorship of Business(5,420.78)(5,836.58)(5,883.77)(17,141.13)
Professorship of Business TIII-03(55,927.15)(60,216.98)(60,703.83)(176,847.96)
Professorship of Business TIII-04(71,580.44)(77,070.94)(77,694.05)(226,345.43)
Student Scholarship Fund(380,829.68)(410,040.80)(413,355.93)(1,204,226.41)
Professorship of Education(47,088.00)(50,699.84)(51,109.74)(148,897.58)
Professorship of Education TIII-03(44,823.82)(48,261.98)(48,652.17)(141,737.97)
Professorship of Math & Science TIII-05(21,792.97)(23,464.58)(23,654.29)(68,911.84)
Professorship of Math & Science TIII-06(66,863.06)(71,991.72)(72,573.76)(211,428.54)
Professorship of Math & Science TIII-07(46,215.91)(49,760.84)(50,163.15)(146,139.90)
Campus Information Technology-(39,931.23)(40,254.07)(80,185.30)
$ (851,258.07)$ (956,484.13)$ (964,217.18)$ (2,771,959.38)