KENTUCKY STATE UNIVERSITY
Notes to the Financial Statements, continued
13. Kentucky State University Foundation, Inc. continued
g. Endowment Composition, continued
Changes in endowment net assets as of June 30, 2013 were as follows:
UnrestrictedTemporarily RestrictedPermanently RestrictedTotal Net Endowment Assets
Endowment net assets, beginning of year$ -$ -$ 6,695,773$ 6,695,773
Contributions--82,22482,224
Interest and dividends-192,093-192,093
Realized and unrealized gains-637,668-637,668
Amounts appropriated for expenditure-(215,070)-(215,070)
Reclassifications-3,550,211(3,550,211)-
Endowment net assets, end of year$ -$ 4,164,902$ 3,227,786$ 7,392,688