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