| Without Donor Restrictions | With Donor Restrictions | Total | |
|---|---|---|---|
| REVENUES, GAINS AND OTHER Contributions | $ 14,088 | $ 592,892 | $ 606,980 |
| Investment income: | |||
| Interest and dividends | 100,373 | 185,046 | 285,419 |
| Realized and unrealized gains | (596,297) | (1,271,197) | (1,867,494) |
| Other, net of investment and management expense | (62,167) | -0- | (62,167) |
| Total investment income, net | (558,091) | (1,086,151) | (1,644,242) |
| Releases from restrictions | 995,535 | (995,535) | -0- |
| Total revenues, gain and other support | 451,532 | (1,488,794) | (1,037,262) |
| EXPENSES | |||
| Program services expenses: | |||
| Student support | 162,173 | -0- | 162,173 |
| University support | 796,643 | -0- | 796,643 |
| Total program services expenses | 958,816 | -0- | 958,816 |
| Management and general | 378,063 | -0- | 378,063 |
| Total expenses | 1,336,879 | -0- | 1,336,879 |
| CHANGES IN NET ASSETS | (885,347) | (1,488,794) | (2,374,141) |
| Net assets, beginning of year | 2,492,569 | 12,155,499 | 14,648,068 |
| Reclassifications | (2,376) | 2,376 | -0- |
| Net assets, end of year | $ 1,604,846 | $ 10,669,081 | $ 12,273,927 |
24.