KENTUCKY STATE UNIVERSITY FOUNDATION, INC.
STATEMENT OF ACTIVITIES
Year ended June 30, 2010
(With comparative totals for June 30, 2009)
| 2010 | 2009 |
| Unrestricted | Temporarily Restricted | Permanently Restricted | Total | Total |
|---|
| Revenue and support | | | | | |
|---|
| Contributions | $ 8,000 | $ 420,713 | $ 164,159 | $ 592,872 | $ 939,545 |
|---|
| Interest and dividends | 6,130 | 20,540 | 152,128 | 178,798 | 176,917 |
|---|
| Net realized and unrealized gains on marketable securities | 8,722 | 32,956 | 262,163 | 303,841 | (463,114) |
|---|
| Interfund management fees and other income | 127,542 | - | - | 127,542 | 174,170 |
|---|
| Net assets released from restrictions | 522,723 | (365,109) | (157,614) | - | - |
|---|
| Total revenue and support | 673,117 | 109,100 | 420,836 | 1,203,053 | 827,518 |
|---|
| Expenses: | | | | | |
|---|
| Scholarships | 91,760 | - | - | 91,760 | 94,634 |
|---|
| Operating expenses | 116,697 | - | - | 116,697 | 126,749 |
|---|
| Personal services | 41,611 | - | - | 41,611 | 35,764 |
|---|
| Interfund management fees | 115,846 | - | - | 115,846 | 111,670 |
|---|
| University support | 166,843 | - | - | 166,843 | 116,032 |
|---|
| Student support | 81,020 | - | - | 81,020 | 138,491 |
|---|
| Travel and promotion | 45,648 | - | - | 45,648 | 23,536 |
|---|
| Total expenses | 659,425 | - | - | 659,425 | 646,876 |
|---|
| Increase in net assets | 13,692 | 109,100 | 420,836 | 543,628 | 180,642 |
|---|
| Transfers | (2,351) | 9,851 | (7,500) | - | - |
|---|
| Net assets, at beginning of year | 278,741 | 826,597 | 4,966,126 | 6,071,464 | 5,890,822 |
|---|
| Net assets, at end of year | $ 290,082 | $ 945,548 | $ 5,379,462 | $ 6,615,092 | $ 6,071,464 |
|---|
20.