| Without Donor Restrictions | With Donor Restrictions | Total | |
|---|---|---|---|
| Revenues, gains and other support Contributions | $ 22,914 | $ 538,770 | $ 561,684 |
| Investment income: | |||
| Interest and dividends | 100,451 | 144,325 | 244,776 |
| Realized and unrealized gains | 14,651 | 67,705 | 82,356 |
| Other, net of investment and management expense | (62,754) | - | (62,754) |
| Total investment income, net | 52,348 | 212,030 | 264,378 |
| Releases from restrictions | 875,383 | (875,383) | - |
| Total revenues, gain and other support | 950,645 | (124,583) | 826,062 |
| Expenses: | |||
| Program services expenses: | |||
| Student support | 635,157 | - | 635,157 |
| University support | 425,192 | - | 425,192 |
| Total program services expenses | 1,060,349 | - | 1,060,349 |
| Management and general | 347,671 | - | 347,671 |
| Total expenses | 1,408,020 | - | 1,408,020 |
| Change in net assets | (457,375) | (124,583) | (581,958) |
| Net assets, beginning of year | 2,432,817 | 9,044,930 | 11,477,747 |
| Reclassifications | (5,400) | 5,400 | - |
| Net assets, end of year | $ 1,970,042 | $ 8,925,747 | $ 10,895,789 |
18.