2010
| Compensation & Benefits | Supplies & Services | Scholarships & Fellowships | Depreciation | Operations & Maintenance | Total |
|---|
| Instruction | 12,221,671 | 1,042,606 | 37,645 | 1,021,609 | 1,071,077 | 15,394,608 |
|---|
| Research | 3,201,475 | 1,621,140 | 87,356 | 531,004 | 419,012 | 5,859,987 |
|---|
| Public service | 3,048,670 | 1,390,655 | 22,480 | 173,590 | 350,887 | 4,986,282 |
|---|
| Academic support | 2,786,332 | 432,383 | - | 536,820 | 280,926 | 4,036,461 |
|---|
| Student services | 3,831,263 | 1,852,672 | 242,091 | 510,766 | 477,828 | 6,914,620 |
|---|
| Institutional support | 6,835,680 | 5,169,701 | - | 1,362,310 | 1,003,439 | 14,371,130 |
|---|
| Operation & maintenance of plant | 2,041,268 | 2,539,678 | - | 125,738 | (4,706,684) | - |
|---|
| Auxiliary enterprises | 944,572 | 4,166,877 | - | 652,595 | 431,019 | 6,195,063 |
|---|
| Student financial aid | 614,351 | 168,925 | 8,423,673 | - | 672,496 | 9,879,445 |
|---|
| Total operating expense | 35,525,282 | 18,384,637 | 8,813,245 | 4,914,432 | - | 67,637,596 |
|---|
Kentucky State University Foundation, Inc. (the "Foundation") is a not-for-profit Kentucky corporation which was established to receive, invest and expend funds to promote and implement educational and developmental activities at Kentucky State University (the "University"). The Foundation is managed by a Board of Trustees independent from that of the University. The Foundation is supported primarily through contributions from alumni.
The financial statements of the Foundation have been prepared on the accrual basis of accounting and include the assets, liabilities and results of operations of the Foundation.
For purposes of the statement of cash flows, the Foundation considers all highly liquid investments purchased with a maturity of three months or less to be cash equivalents.