Year ended June 30, 2013
| Unrestricted | Temporarily Restricted | Permanently Restricted | Total | |
|---|---|---|---|---|
| Revenues, gains and other support: | ||||
| Contributions | $ 20,557 | $ 1,415,205 | $ 82,224 | $ 1,517,986 |
| Investment income: | ||||
| Interest and dividends | 5,061 | 222,698 | - | 227,759 |
| Realized and unrealized gains | 17,826 | 736,259 | - | 754,085 |
| Total investment income | 22,887 | 958,957 | - | 981,844 |
| Releases from restrictions | 755,245 | (755,245) | - | - |
| Total revenues, gains and other support | 798,689 | 1,618,917 | 82,224 | 2,499,830 |
| Expenses | ||||
| Scholarships | 79,436 | - | - | 79,436 |
| Operating expenses | 156,001 | - | - | 156,001 |
| Personal services | 137,128 | - | - | 137,128 |
| University support | 255,508 | - | - | 255,508 |
| Student support | 86,493 | - | - | 86,493 |
| Travel and promotion | 59,160 | - | - | 59,160 |
| Total expenses | 773,726 | - | - | 773,726 |
| Change in net assets | 24,963 | 1,618,917 | 82,224 | 1,726,104 |
| Net assets, beginning of year | 290,777 | 1,264,132 | 6,695,773 | 8,250,682 |
| Reclassification | - | 3,550,211 | (3,550,211) | - |
| Net assets, end of year | $ 315,740 | $ 6,433,260 | $ 3,227,786 | $ 9,976,786 |