University System of Georgia financial report for the year ending June 30, 1950

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U N I V E R S I T Y S Y S T E M OF G E O R G I A K

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FINANCIAL REPORT

FOR THE YEAR ENDING
JUNE 3 0 , I 95O
f + *

*

w

I#

R egents o f th e U n iv e rs ity System of G eorgia

20 Iv y S t r e e t , S* E.

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A tla n ta , G eorgia

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REGENTS* UNIVERSITY SYSTEM OF GEORGIA 20 IVY STREET, S . E . - ROOM ljOO ~ ATLANTA

DISTRICT S ta te a t Large

REGENT
M rs. W illiam T. H ealey January 18, 1950 * January 1, 1953

ADDRESS
277h Andrew s D r . , HW, A tlanta

S ta t e a t L arg e Jo h n J . MoDonough Jan u ary 1, 1950 - January 1, 1957

G eo rg ia Power Company, Rome

S t a t e a t L arg e F ra n k M. S p r a t l i n
J a n u a r y 1 , I 9U6 - J a n u a r y 1 , 1953

78 M a r i e t t a S t . , NW, A tlanta

H ave you cheeked, to be sure, v^lurpe ir.com plete, wiHr^aff issuesrbydeif-
and title page? Im perfect volum es delay return of binding. Thanks.

S ta te a t Large Hughes S palding

4-3^4- T r u s t C o. o f G a. B l d g .,

J a n u a r y 1 0 , I 9I49 - J a n u a r y 1 , 1956

A tlanta

S ta te a t Large

C arey W illiam s J a n u a r y 1 0 , 19^+9 - J a n u a r y 1 , 1955

G reen sb o ro

F irst

James P eterso n
J a n u a r y 1 0 , I 9I+9 - J a n u a r y 1 , 1955

S o p e rto n

H. L. W ingate J a n u a r y 1 , 19U7 - J a n u a r y 1 , 195U

307 Bibb B u ild in g , Macon

Cason J . C allaw ay J a n u a r y 1 , 19^4+ - J a n u a r y 1 , 1951

H am ilton

F ourth

R obert 0 . A rnold J a n u a r y 1 0 , 19^+9 - J a n u a r y 1 , 1956

C o v in g to n

F ifth

R utherford L. E llis Jan u ary 1, 19^7 - Jan u ary 1, 195^

P . 0 . Box 1111, A tlanta

S ixth

C harles J . Bloch Jan u a ry 7 , 1950 - Jan u ary 1 , 1957

6ll+-18 P ersons B u ild in g , Macon

S e v e n th

Roy N. Emmet J a n u a ry 1 , 19U5 " J a n u a ry 1 , 195?

C edartow n

E ighth

F ran cis Stubbs, S r. January 12, 1950 - Jan u ary 1, 1957

D ouglas

N inth

Sandy Beaver January 1, 19^5 " Jan u ary 1, 1952

G ainesville

T en th

W illiam S. M orris
J a n u a r y 1 , I 9I4U - J a n u a r y 1 , 1951

A ugusta

OFFICERS OF THE BOARD OF REGENTS

C hairm an ............................................................... Hughes S p a ld in g

V ic e C h a i r m a n .............................

.R obert 0 . Arnold

C h a n c e l l o r ...................................... . . Harmon W. C a ld w e ll

A s s i s t a n t To t h e C h a n c e l lo r . . . . . . John E . Sim s

E xecutive S ec re ta ry .

L. R. S ieberfe^T

T r e a s u r e r . W. W ilso n N o d e s'

.... ' l y

libraries

- 5-

GE0RG%

REGENTS* UNIVERSITY SYSTEM OF GEORGIA 20 IVY STREET, 8 . B . - ROOM ljOO - ATLANTA

DISTRICT S ta te a t Large

REGENT
Mrs* W illia m T . H e aley Jan u ary 18, 1950 - Jan u ary 1, 1953

ADDRESS
277I+ Andrews D r* , NT,
A tlanta

S ta te a t L arg e Jo h n J* McDonough Jan u ary 1, 1950 - Jan u ary 1, 1957

G eo rg ia Power Company, Rome

S t a t e a t L a rg e F ra n k M* S p r a t l i n
J a n u a r y 1 , I 9I+6 - J a n u a r y 1 , 1953

78 M a r i e t t a S t * , NW, A tlanta

S ta te a t Large Hughes S palding

U3^ T r u s t Co* o f Ga* B ld g * ,

January 10, 19^9 - January 1, 195^

A tlanta

S ta te a t Large C arey W illiam s January 10, 19^9 Jan u ary 1, 1955

G reensboro

F irst Second

James P eterso n
J a n u a r y 1 0 , I 9I+9 " J a n u a r y 1 , 1955
H . L* W in g ate J a n u a ry 1 , 191+7 - J a n u a r y 1 , 195U

S o p e rto n
307 B ibb B u i ld i n g ,
Macon

T hird

Cason J* C allaw ay J a n u a r y 1 , 19<W+ - J a n u a r y 1 , 1951

Ham ilton

F o u rth

R obert 0 . A rnold J a n u a r y 1 0 , 19^+9 " J a n u a r y 1 , 195^

C ovington

F ifth S ixth

R utherford L. E llis Ja n u a ry 1 , 19^7 " Ja n u a ry 1, 195U
C harles J . Bloch J a n u a r y 7> 1950 - J a n u a r y 1 , 1957

P* 0 . Box 1111, A tlanta
61I4. - I 8 P e r s o n s B u ild in g ,
Mao o n

S ev en th

Roy N. Emmet J a n u a ry 1 , 19U5 " J a n u a r y 1 , 195?

Cedartow n

E ighth

F ra n c is S tu b b s, Sr* January 12, 1950 - Jan u ary 1, 1957

D o u g las

N inth

Sandy Beaver J a n u a ry 1 , 19^4-5 " J a n u a r y 1 , 1952

G ainesville

T en th

W illiam S. M orris J a n u a r y 1 , 1914+ - J a n u a r y 1 , 1951

A ugusta

OFFICERS OF THE BOARD OF REGENTS

Chairman * . V ice Chairman C hancellor * , A s s i s t a n t To t h e C h a n c e llo r E xecutive S ecretary . . T r e a s u r e r .......................................

Hughes S p ald in g R obert 0* A rnold Harmon W. C a ld w e ll

5-

I

TABLE OF CONTENTS

-Hjoj

SUMMARY.....................................................................................................

6

^CONSOLIDATED ST A T E M E N T S............................................................................................................................ .

. 14

UNIVERSITY SYSTEM OF GEORGIA - GENERAL A C T IV IT IE S ...................................................................

. 27

O tHE UNIVERSITY OF GEORGIA, A T H E N S .................................... .................................................. . . . . 3 5

THE UNIVERSITY OF GEORGIA - ATLANTA DIVISION, A T L A N T A ..................................................................77

GEORGIA INSTITUTE OF TECHNOLOGY, ATLANTA ....................................................................................... ' . . 85

MEDICAL COLLEGE OF GEORGIA, AUGUSTA. .............................................................................................................113

NORTH GEORGIA COLLEGE, D A H L O N E G A .................................... ....... . ............................................ ....... . 1 2 1

GEORGIA STATE COLLEGE FOR WOMEN, MILLEDGEVILLE ......................................................................... ....... . 131

GEORGIA TEACHERS COLLEGE, STATESBORO ............................................................................................................. 143

_ VALDOSTA STATE COLLEGE, VALDOSTA......................................................................................

151

liD

1 GEORGIA SOUTHWESTERN COLLEGE, AMERICUS. ...................................................................................................... 1 6 1

; WEST GEORGIA COLLEGE, CARROLLTON...................................

169

MIDDLE GEORGIA COLLEGE, COCHRAN............................................................................................................

179

SOUTH GEORGIA COLLEGE, DOUGLAS . . . . ................................................... ....... . . . . . 1 8 7

ABRAHAM BALDWIN AGRICULTURAL COLLEGE, TIFTON............................. ....... . ............................................195

GEORGIA EXPERIMENT STATION, EXPERIMENT. . . . . . . . . . . . . . . . 205

GEORGIA COASTAL PLAIN EXPERIMENT STATION, TIFTON ................................................................

213

AGRICULTURAL EXTENSION SERVICE, ATHENS. ........................................................................................................ 221

ALBANY STATE COLLEGE, ALBANY ...................................................................................................... . . . . 231

FORT VALLEY STATE COLLEGE, FORT VALLEY. ................................................................. ....................................239

SAVANNAH STATE COLLEGE, SAVANNAH

251

,

SUMMARY

The f in a n c ia l re p o rt c o n tain e d h e re in p e r ta in s to th e f in a n c ia l o p e ra tio n o f th e U n iv e r s ity System of G eorgia fo r th e f i s c a l y e a r ended June 30, 1950 T his an n u al f in a n c ia l re p o rt i s p re p are d on a b a s is c o n s is te n t w ith th e recom m endations o f th e N a tio n a l Committee o f S tandard R eports fo r I n s titu tio n s o f H igher Education* A ll statem en ts and sch ed u les a re prepared on a cash re c e ip ts and disbursem ents b a s is w ith th e ex cep tio n o f th e b alan ce sh e e ts, wherein a l l known a s s e t s and l i a b i l i t i e s a r e in c lu d e d , and t h e s ta te m e n t o f s u r p lu s w hich i s
computed on an a c c ru a l b a s i s .

CURRENT FUNDS

EDUCATIONAL AND GENERAL
Income - D u rin g th e f i s c a l y e a r 19149-50, th e income r e a liz e d f o r th e E d u c a tio n a l end G eneral o p e ra tio n s o f th e U n iv e r s ity System amounted to $ 1 6 ,0 2 0 ,3 2 2 . T his re p re se n te d an i n c r e a s e o f 1 .5 # o v e r t h e am ount o f $ 1 5 ,7 8 8 ,0 3 8 w hich w as r e a l i z e d d u r i n g t h e y e a r 191+8-1+9*

The v a rio u s so u rces of income fo r th e p a s t fo u r y e a rs are compared in th e fo llo w in g summary:

Source o f Income

191+6-1+7

191+7-1+8

191+8- 2

2: 0

S tudent Fees:
M a t r i c u l a ti o n $ 2. 151.779 16. 6# $ 2 ,5 2 0 ,5 6 9 17.O# $ 2 ,7 8 3 ,1 7 0 17. 6# * 3,21+5.002 20. 35?

N on-R esident Tu i t io n
Summer S e s s io n O ther

3. 072.779 23.7# 670, 1+83 5. 2# 255,967 2 .0 #

3,51+7,532 23. 9#
887,623 6 .0 #
27l+,6l 8 1 .8 #

2,51+5,809 16. 1# 9 8 2 ,9 5 8 6. 2# 292, 1+91+ 1 .9 #

2 ,0 7 3 ,5 5 6
1 ,0 0 7 ,1 7 3 383,650

12.95?
6.355 2.1+5?

T o ta l F ees $ 6 ,1 5 1 ,0 0 8 1+7.555 : 7 , 230, 31+2 1+8. 1 % $ 6, 60)+, I+29 1+1.8# t 6, 709,381 I+ I.9#

G ifts, G rants &

Endowment

$ 5 1 1 ,7 7 5 l+.o#

3 8 7 ,7 1 5 2 .6 # $ 1+1+8, 1+61 2 .8 # 1 323, ll+O 2 .0 #

Gov*t. o th e r th a n S tate
Sales & S ervices O ther

1 ,7 3 0 ,8 9 8 13. 1+# 968,066 7.555 1 9 7 ,9 1 9 1 . 5#

1 , 826,993 12. 3# 1, 235,112 8. 3#
171,662 1 .1 #

11 ,, 908668,,969133

1 2 .6 # 6 .8 #

307,11+8 2. 0#

2, 105,231 13.155 1 ,2 2 8 ,7 5 5 7 . 75s
157,397 1.0#

T otal In t-

e r n a l Incom e$ 9 ,5 5 9 ,6 6 6 73.955 $10,851,821+ 73. 0# $ 10, 1+15, 61+1+ 6 6 .0 # $10,523,901+ 65.755

S tate

3,382,31+8 2 6 .1 # U, 007, 151+ 27.O# 5,372,391+ 31+ .0# 5,1+96,1+18 31+.355

T otal Opera-
t i n g Incom e $12,91+2.Oil* 1 0 0 .0 # $ l!+ ,8 5 8 ,9 7 8 1 0 0 .0 # $ 1 5 ,7 8 8 ,0 3 8 100. 0# $ 16, 020,322 1 0 0 .0 #

Th.9 f o l l o w i n g c o m o a riso n i s made o f t h e s o u r c e s o f incom e f o r t h e p a s t t h r e e y e a r s
w ith t h e incom e f o r 191+0-1+1. T h is c o m p a riso n i s made b y th e d i f f e r e n t c l a s s i f i c a t i o n s o f u n i t s o f t h e U n iv e r s ity System in o rd e r t h a t th e t r e n d s f o r th e v a r io u s ty p e s o f u n i t s may be noted.

I 9I+O-I+I

I 9I+7-U8

I 9I+8-I+9

I 9I+9-50

S enior C olleges

S tu d e n t F ees $ 1 , 1+25,021 1+7.1+# $ 6, 1+1+5,050 6 2 .1 $ $ 5 ,7 7 2 ,6 9 1 5 5 .7 # $ 5,90l+ ,789 5 5 .2 #

S tate O ther Sources

1 , 106,262 36. 8# 2 ,1 7 0 ,3 6 0 2 1 .0 # 2 ,8 8 8 ,7 5 0 27. 9# 3,181,1+31 2 9 .7 # 1+76,997 1 5 .8 # 1, 719,860 I 6. 6# 1, 69!+, 267 16.1+# 1, 609,829 15. I #

T otal

$ 3 ,0 0 8 ,2 8 0 1000# $ 1 0 ,3 5 5 ,2 7 0 100.0 # $ 1 0 ,3 5 5 ,7 0 3 100. 0# $ 10, 696,0149100. 0#

6-

M edical C ollege

S tudent Fees $ S tate O ther Sources

T otal

$

194o- 4 i
1+1,236 22. 1#! $
118,286 6 3.3#
27*279 14. 6#
186,802 100.0# $

1947-1+8
93.229 20. 0# $ 295. 1*60 63,57* 76.711* 16. 5#
1*65,1+03 1 0 0 .0 # $

1948-49
101,952 15.375 470,000 70. 6# 91*, 157 1 4 .1 # 666,109 1 0 0 .0 # $

1949-50
81,363 12. 2#
1*83.929 7 2 .5 *
102,232 15.375 667, 521* 1 0 0 .0 #

Ju n io r C olleges

Student Fees $ S tate

O ther Souroes

T otal

$

104,936 28,0# $
217.663 5 8 .0 #
52,550 l4 .0 #
575, 0+49 1 0 0 .0 # $

3 5 7 .8 0 2 +9.375 $ 302,618 1+1.775 6 5 .1 7 7 9 . 0#
725,597 100.0# $

272,321 37.975 i 375, 1+00 52. 27571,701 9.975
719.1*22 1 0 0 .0 # $

277*255 36. 5^ 417,888 51+.975
65,362 8 .6 # 760.505 1 0 0 .0 #

Negro C olleges S tudent Fees $
S tate O ther Souroes

T otal

$

59*860 2 1 .0 # $
1 0 8 ,9 6 0 38.3?S
115,863 1*0.775
284,683 100.0# $

35l+, 261 39. 1# $ 4 2 1 ,4 6 1 1*9.375

1*57.1*65 1+1.375 :
522,1+91+ 4 7 * 2 #

1*1*5.972 40. 0# 5 3 2 .8 9 6 1*7.975

99.016 1 1 .6 #

1 2 7 ,5 9 6 11.555

131+.593 1 2 .1 #

851+.738 1 0 0 .0 # $ 1 , 107,555 1 0 0 .0 # $ 1 , 113, 1*6.1 1 0 0 .0 #

E xperim ent S t a*

& A grio. Ext S tate O ther Sources
T otal

$ 156*709 1 ,0 4 5 ,6 8 9

13. 0# $ 6 5 9 ,3 8 2
87.0# 1.657.697

28.5# $ 803,550
71.575 1 ,8 0 5 ,7 0 9

30. 8# $ 770,271+ 69*2# 1 .8 9 9 .3 8 0

2 8 .9 # 7 1 .1 #

$ 1, 202,398 1 0 0 .0 # $ 2,3 1 7 * 0 7 9 lo o .d # $ 2 ,6 0 9 ,2 5 9 100. 0# W 2, 669, 651*" 1 0 0 .0 #

T o ta l fo r System

,,, ,

, .,, ,

^

S'tu(A'e"n t ~?e e s ------- $ 1, 631,0 5 4 3 1 .8 # $ 7 ,2 3 0 ,3 4 2 1+8.7^ $ 6 ,6 0 4 ,4 2 9 4 l . 8 # I 6 ,7 0 9 ,3 8 1 4 1 .9 #

S tate

1 , 771,179 3 4 .6 # i+ ,0 0 7 ,1 5 h 27. 0# 5#372.39l+ 3 4 .0 # 5, 1496, 1+18 34*3#

O ther Sources

1 ,7 1 8 ,7 8 2 33*6# 3*821,1+82 243# 3* 8 1 1 ,2 1 5 2 4 .2 # 3*814*523 23*8#

T otal

$ 5 ,1 2 1 ,0 1 5 1 0 0 .0 # 1 1 4 * 8 5 8 ,9 7 8 1 0 0 .0 $ $ 1 5 ,7 8 8 ,0 3 8 1 0 0 .Q# $ l 6, 0 2 0 ,3 2 2 100.0%

I t w ill be noted from th e above com parisons th a t th e t o t a l stu d en t fe es c o lle c te d
d u r in g I 9I+9-50 h a v e in c r e a s e d s l i g h t l y when com pared w ith t h e p r e v io u s y e a r . The v e t e r a n
en ro llm en t o f th e U n iv e rs ity System d ecreased ap p ro x im ately 20# from th e v e te ra n e n ro llm e n t
o f I 9I+8-I+9* r e s u l t i n g i n a d e c r e a s e i n n o n - r e s i d e n t t u i t i o n i n a b o u t t h e same p e r c e n t a g e . The o v e r a l l e n r o llm e n t o f t h e U n i v e r s i t y System d u r i n g t h e y e a r I 9I+9- 5O was 3 # b e lo w t h e e n r o llm e n t f o r 19)+8-J+9, t h e r e f o r e , t h e i n c r e a s e i n m a t r i c u l a t i o n f e e s c o l l e c t e d was due i n i t s
e n t i u B ty t o an i n c r e a s e i n t h e m a t r i c u l a t i o n f e e e f f e c t i v e w i t h t h e F a l l Q u a r t e r o f 191+9*
This in c re a se o ff s e t th e deorease in n o n -re sid e n t t u itio n due to d ec lin e in v e te ra n e n r o ll
m ent.

The am ounts shown as income from th e S ta te in th e above sum m aries re p re s e n t th e amounts a c tu a lly a llo c a te d to th e v a rio u s u n its o f th e U n iv e r s ity System by th e Board o f R egents fo r E d u c a tio n a l and G eneral o p e r a tio n s . The Board o f R egents a llo c a te d a d d itio n a l amounts to th e u n its f o r purposes o th e r th a n E d u ca tio n a l and G eneral o p e r a tio n s . These
am ounts f o r t h e y e a r 19I+9-50 and t h e p u rp o s e s f o r w hich t h e y w e re a l l o c a t e d a r e s e t f o r t h b e
lo w . The t o t a l amount r e c e i v e d from t h e S t a t e b y t h e B oard o f R e g e n ts d u r i n g 191+9-50 w as
$ 6 ,2 2 8 ,0 0 0 . T his amount was composed o f th e fo llo w in g item s:

R egular A ppropriation

$ 5 * 1 7 0 ,0 0 0 .

S pecial A ppropriation

1 ,0 0 0 ,0 0 0

S p e c ia l A p p ro p riatio n f o r P la n t Addt*s 50*000

U n iv e r s ity o f Ga. Endowment FUnds

8*000

T otal A ppropriation

$ 6 ,2 2 8 ,0 0 0

The a l l o c a t i o n s made b y t h e B oard o f R e g e n ts d u r i n g I9I+9- 5O w e re a s f o l l o w s :

E d u c a tio n a l and G eneral P lan t Funds

$5*1+98,1+18 15^,900

O ther N on-E ducational U n iv e r s ity o f Ga. Endowment Funds
T otal A llocations

$ 64,500*00 8 ,0 0 0 ,0 0
1 5 ,7 2 3 ,8 1 8 .0 0

I t w ill be noted th a t th e a p p ro p ria tio n receiv ed from th e S ta te exceeded th e a l lo c a tio n s by $504,182. Of th is amount $470,040 was reserv ed fo r r e n ta ls payable d u rin g th e y e a r 1950-51 t o th e U n iv e rs ity System B u ild in g A u th o rity , le a v in g an e x c e ss o f $34,142 to be added t o th e R egents* C o n tin g en t Fund in c re a s in g t h i s fund to $111,313 as o f June 30, 1950.

E x p en d itu res - The E d u c a tio n a l and G eneral e x p e n d itu re s o f th e U n iv e rs ity System fo r th e y e a r 1949-50 amounted to $ 1 5 ,4 2 5 ,4 9 6 . T his re p re se n te d an in c re a s e o f 1 .4 $ over th e
amount o f $ 1 5 ,2 0 8 ,5 6 2 t h a t was expended d u rin g th e y e a r 1948-49* The fo llo w in g i s a summary
o f t h e e x p e n d itu r e s f o r t h e y e a r 1949-50 a s com pared w ith th o s e o f t h e l a s t t h r e e y e a r s :

F u n c tio n

191*6-1*7

19l*7-48

1948-,49

191*9- 50

Adm. ft G e n e ra l $ 1 ,0 8 2 ,1 1 1

Student W elfare 218,984

P l a n t O p e r a tio n s 1,1*39.51*2

L ibrary

550,955

In stru ctio n

4,439*299

A ct. R elated to

In stru ctio n R esearch

725,981
1 , 017.566

A g ric . E x te n sio n 1.519.851*

Gen. E xtension

1*61,117

O ther

26,331

T otal

$ 1 1 ,2 8 1 ,7 5 8

9*6$ $ 1,360,625

1*9$ 1 2 .8 $
3. 1* 39. 3??

290,305 1 ,6 1 9 ,1 6 5
1*50,1*77
6, 068,509

9 .6 $ $ 1,4614,887

2 .0 $

317,880-

11.4$ l,77l*,723

3. 2??

480,321

42. 6$ 6, 012,058

9 .6 $ $ 1,1*91.81*9

2 .1 $

332.981*

11. 7?? 1, 561,696

3. 2?? 500,001

39. 5?? 6,331*. 175

9 .7 % 2 .2 $
10. 1$
3*2$
41. 1$

6 .4 $ 9.0??
1 3 .5 * l+.l?? 0.35?

736,299
1,1*11*. 571* 1 ,4 8 0 ,6 4 8
663,019 120,319

5.2?? 10.0$
10. 4$
1*.7?? 0 .9 $

695,551 1, 703,229
1,583.551* 1 ,0 8 6 ,2 0 7
9 0 ,1 5 2

4*6$ 11.2$
10*4$ 1 . 1% 0 .6 $

707,379
1 , 762,908
1 ,6 2 9 ,8 8 2 1,104*622

4*6$
1 1 .4 $ 10*5$
7 . 2?!

100.0# $ l4 ,203,940 100.0# $15,208,562 100*0# $15,425,496 100.0#

A ll of th e v ario u s fu n ctio n s o f expenditure lis te d above re f le c t in creases in
amount over th e p rio r y ear ex cep t P la n t O p eratio n s; th is fu n c tio n having decreased by 12.0$. A ll o f th e in c re a se s are r e la tiv e ly sm all, th e la r g e s t in c re a se bein g fo r I n s tru c tio n which
in c re a s e d by 5*4$ over 1948-49* The p e rc e n ta g e s o f th e v a rio u s fu n c tio n s as r e la te d to th e
t o t a l e x p e n d itu r e s f o r 1949-50 re m a in e d e s s e n t i a l l y t h e same a s f o r t h e p r i o r y e a r , e x c e p t
fo r P la n t O peratio n s and In s tru c tio n . P la n t O perations decreased from -11*7$ o f th e t o t a l in 1948-49 to 10.1$ in 1949-50; w hereas, I n s tr u c tio n in c re a se d from 39*5$ o f th e t o t a l in 1948-49 to 4 l* l$ o f th e t o t a l in 1949-50* I t w ill be noted t h a t th e c la s s if ic a tio n o f "o th e r h as been e lim in a te d from th e e x p e n d itu re s fo r 1949-50* T his is due to a change in th e method o f re p o rtin g expenditures fo r fe llo w sh ip s, sch o larsh ip s, e tc . These expenditures w ill be d iscu ssed in a sep a rate se c tio n below .

The e x p e n d itu re s f o r th e p a s t th r e e y e a rs a re com pared in th e fo llo w in g summary by c la s s ific a tio n of u n its w ith th e o p eratin g expenditures fo r 1940-4l:

1940-41

1947-48

1948-49

1949-30

S enior C olleges$ 2,909,627

M edical C ollege

167,408

Ju n io r C olleges 350,800

Negro C o lleges

283,374

A g r i c . E x t . ft

Exp. S ta tio n s 1,217,897

G eneral A c tiv itie s 70,150

T otal

$4,999256

58. 2?? $ 9 ,5 3 0 ,5 0 6

3-35? 7 .0 * 5.7??

1*69,71*1 736,625
923,776

67.1$ $10,035,898

3-35?

651,690

5.2??

7 0 6 ,5 6 2

6.5?? 1 ,0 7 9 ,1 7 2

66. 0$ $ 1 0 ,1 2 8 ,2 5 7

4*3$

675,276

4.6 $

70l*,l09

7*1$ 1.090,551

65.7?? l*.l*?? 1*.55? 7.1??

21*.!+?? 2 ,3 5 8 ,3 3 9 16. 6?? 2 ,5 4 5 ,5 4 4 16.7?? 2 ,6 8 2 ,6 9 9 17.1*??

1.1*5?

181*. 953 1 .3 *

189,696 1 . 3??

lI4 ,6 0 4 0.9??

100.0$ $14*205,940 100.0$ $15,208,562 100*0$ $15,425,496 100.0$

F in a n c ia l C o n d itio n - The U n iv e rs ity System ended th e f i s c a l y ear w itlv an Educa

t i o n a l an d G e n e ra l S u r p lu s o f $l,l+5U,+70. T h is r e p r e s e n t s a n i n c r e a s e o f $ 2 8 3 ,9 ^ 5 **r t h e
s u r p l u s o f Ju n e 3 0 , 9U9, w h ich am ounted t o $ 1 ,1 7 0 ,5 2 5 . T h is i n c r e a s e i s r e f l e c t e d i n t h e

S tatem en t of S u rp lu s which w i l l be found l a t e r in t h i s r e p o r t. The R e s tric te d Fund B alance

a t th e end o f th e f i s c a l y e a r am ounted t o $21+2,177 a s com pared w ith a Fund B alan ce o f
$1#552,1+59 a t Ju n e 3 0 , I 9+9 . T h ese tw o am ounts a r e r e a l l y n o t c o m p a ra b le due t o a change
in th e m ethod o f re p o r tin g Unexpended P la n t Funds d u rin g th e y e a r . The Fnd B alance a t
Ju n e 3 0 , I 9I+9, was made up t o a l a r g e e x t e n t o f U nexpended P l a n t F u n d s; w h e re a s , f o r t h e y e a r I 9+9- 50, U nexpended P la n t Funds w e re c a r r i e d a s a s e p a r a t e fu n d and w i l l b e d i s c u s s e d

below :

, T.

The fo llo w in g i s a summary o f t h e E d u c a tio n a l and G e n e ra l s e c tio n o f th e B alan ce S h eet as o f th e end o f th e f i s c a l y e a r a s com pared w ith t h a t o f Ju n e 30 19^9*

A ssets
Cash on Hand and in Banks Inve stm ents(T em porary) Accounts R eceivable O ther A ssets
T otal A ssets

Ju n e 30 19U9 Ju n e 30 1950

$ 981,250
1, 500,703 861,581
10,308
3,353,81*2

1,395.21+0
275,000
9 0 3 ,1 8 8
3I I 95 $ 2, 6cA+,623

L ia b ilitie s and Surplus
A ccounts P ayable Purchase O rders O utstanding U nearned Income O ther R eserves R e s tric te d Fund B alance S u rp lu s
T o ta l L i a b i l i t i e s and S u rp lu s

$ 69,106 229,981+ 130,976 200,792
1,552,1*59 1 ,1 7 0 ,5 2 5 $3,353,81*2

$ 30,185
90,361
302,1*81*
j+8L|.,9i+6
21*2,177 1, 1*51*,1*70 $2, 60!+, 623

Of th e A ccounts R e c e iv a b le a t June 3 0 , 1990 $61+9,029 r e p r e s e n te d am ounts r e ce iv a b le from th e V eteran s A d m in istratio n f o r fe e s o f v e te ra n s tu d e n ts , and $159*139 r e p re se n te d amounts due th e G eorgia I n s t i t u te o f Technology on R esearch c o n tr a c ts . In clu d ed i n O th e r R e s e rv e s a t J u n e 3 0 , 1950, was an am ount o f $1+70,Ol+O r e s e r v e d f o r r e n t a l s p a y a b le to th e U n iv e r s ity System B u ild in g A u th o rity d u rin g 1950-51 The in v e stm e n ts l i s t e d above c o n s is t e n tir e ly o f amounts in v ested in sh o rt term U n ited S ta te s S e c u r itie s .

AUXILIARY ENTERPRISES

Incom e - Incom e r e a l i z e d d u r in g 19l+9**5Q from t h e o p e r a t i o n s o f A u x i l i a r y E n t e r
p r i s e s am ounted t o $ 5 , 097,320 a s com pared w ith a t o t a l incom e o f $ 5, 1+86,596 d u r in g I 9I+8-I+9.
The v a rio u s so u rc e s o f income f o r th e p a s t th r e e y e a rs a re com pared in th e fo llo w in g summary:

Source

I 947-U 8

I 9I+8-I+9

I 9U9- 5O

D orm itories D ining H all B ookstore A partm ents O ther
T o ta l Income

839, 1*27 2. 338,933 1 , 655,191
11+5,511 1*69,808
5,1*1*8,870

91*3,602 2, 505,011
1 ,3 8 1 * , 1*99
209,961
1*1*3,523
5, 1*86,596

1 1 ,0 3 7 .3 6 2 2 .3 5 9 ,0 6 3 1,922,701+
230, 511*
31*7,677
5 ,8 9 7 ,3 2 0

9-

E x p e n d itu re s - The A u x i l i a r y E n t e r p r i s e e x p e n d itu r e s f o r 191+9-50 am ounted t o $1+*825 * 0 0 6 , a s com pared w i t h e x p e n d it u r e s d u r i n g 191+8-1+9 o f $5,131,181+ . T h is r e p r e s e n t s a decrease of $306,178. T his apparent re d u ctio n in expenditures is due in p a rt to a change in re p o rtin g m ethods r a th e r th an to an a c tu a l re d u c tio n in e x p e n d itu re s. In p rio r y e a rs , i n t e r e s t on a u x ilia r y p la n t in d eb ted n e ss has been in clu d ed as an o p e ra tin g e x p e n d itu re . A ch a n g e was made i n t h e r e p o r t i n g p r o c e d u re d u r in g 19l+9*"50, w h e reb y t h i s i n t e r e s t paym ent i s in clu d ed as an e x p e n d itu re from Unexpended P la n t Funds. The fo llo w in g i s a com parison o f A uxiliary E n terp rise expenditures fo r th e p ast th re e years:

D orm itories D ining H all B ookstore Apartm ents O ther
T otal E xpenditures

191+7-1+8
$ 777,81+5
2, 1+06, 961+ l,6 o l+ , 170
76, 801+ 1^5,533 $ 5 ,3 1 1 ,3 1 6

I 9I+8-I+9
$ 831,071 2, 1+16,138
1 ,3 9 8 ,1 6 0
116,115
369,700 $5,131,181+

19U9-50
$ 71+2,860 2, 19l+, 610 1, 1+86,768 92,H +8
308,620
$l+,825,006

F in a n c ia l C o n d itio n - The o p e ra tio n s o f th e A u x ilia ry E n te rp ris e s of th e U n iv e rsity S ystem a s a w hole w e re v e r y f a v o r a b l e d u r in g 191+9-58* C o n s id e re d on an a c c r u a l b a s i s a s r e f le c te d in th e S tatem ent o f S u rp lu s found l a t e r in t h i s r e p o r t, th e income from o p e ra tio n s e x c e e d e d e x p e n d it u r e s b y $891,1+27* T h is g a i n , a f t e r d e d u c ti n g $1+20,141+5 t r a n s f e r r e d t o Un expended P la n t Funds fo r p la n t a d d itio n s and d e b t s e rv ic e and o th e r a d ju stm e n ts, in cre ased t h e A u x i l i a r y S u r p lu s from $763,11+1 a t Ju n e 3 0 , 191+9, "to $ 1 ,1 7 0 ,5 2 2 a t Ju n e 3 0 , 1950.

The fo llo w in g i s a summary o f th e A u x ilia r y B alance S h e e t as o f Ju n e 3 0, 1950, as compared w ith th e p rev io u s y e a r:

A ssets Cash on Hand and in Banks Investm ent s (Tem porary) Accounts R eceivable S tores O ther A ssets
T otal A ssets

Ju n e 30, I 9I+9 Ju n e 30, I 950

* 637.1+75 100,778 453.506
301,205
5,735
$ l,i+ 9 8 ,6 9 9

$ 1 ,0 7 0 ,1 8 6
100,090
207,575
365,197
$ l , 7l+3,o i+8

L i a b i l i ti e s and S u rp lu s A ccounts P ayable Purchase O rders O utstanding U nearned Income Reserve fo r S tores O ther R eserves S u rp lu s
T o tal L ia b ilitie s and Surplus

$ 57,981+
62,11+5 55,120 301,205
259. 10I+ 765, ii i
$ 1 , 1+98,699

$ 1+3*259 22,020
52,763 365.197
89,288
1 , 170,522
$1.71+3.01+8

The d e c re a se in "O th er R eserv es" shown above i s due to th e change in th e re p o r tin g o f U nexpended P l a n t F u n d s . The ite m " O th e r R e s e r v e s " a t Ju n e 3 0 , 191+9, in c lu d e d S in k in g Fund R eserves and c o n s tru c tio n in p ro g ress} w h ereas, co rresp o n d in g item s a t June 30, 1950, a re included in a sep a rate se c tio n fo r Unexpended P lan t Funds.

OTHER NON-EDUCATIOHAL

T his c la s s if ic a tio n has not appeared in previous re p o rts . D uring th e p a st year a change was made in r e p o r tin g m ethods w hereby income and e x p e n d itu re s f o r S c h o la rs h ip s , fe llo w sh ip s, p riz e s , e t c ., were inclu d ed under th e c la s s if ic a tio n o f "O ther H on -E d u catio n al."

- 10-

The item s in clu d ed u nder t h i s c l a s s if ic a tio n w ere p re v io u sly re p o rte d under E d u ca tio n a l and G eneral, and Agency Funds.
D uring th e y e a r ended June 30, 1950* th e U n iv e r s ity System re c e iv e d income t o t a l i n g |1 5 0 ,1 0 0 f o r O th er W on-E ducational a c t i v i t i e s . T h is income was made up o f th e fo llo w in g item si

Endowment G ifts and G rants S ta te o f G eorgia O ther
T otal

$ 6,823 7 8 ,7 5 2
6U,500
_______ 25
$ 150,100

The am ount o f $614, 500, shown a s incom e from th e S ta t e , r e p r e s e n t e d an a l l o c a t i o n b y
th e Board o f R egents fo r s c h o la rs h ip s to neg ro stu d e n ts a tte n d in g i n s t i t u t i o n s o th e r th a n u n its o f th e U n iv e rs ity System .

D u rin g t h e y e a r en d ed Ju n e 3 0 , 1950, $ 163, 51!* was ex p en d ed f o r O th e r W o n -E d u cati onal a c t i v i t i e s . T his amount was composed o f th e fo llo w in g item s 1

F e11ow ships S cholarships O ther
T otal

. $ 2 0 ,7 5 6 93 21*2 U 9 5l6 $ 6 3 ~ ,51C

In cluded under "S ch o larsh ip s'* above is $61,728 expended f o r sc h o la rs h ip s to n eg ro s t u d e n ts . In c lu d e d u n d e r "O th e r" i s an amount o f $1*8,250 p a id th e R eg io n al C o u n c il on ed u catio n as th e co st o f G eorgia' s p a rtic ip a tio n in th e S outhern R egional E ducation Program .

AGEWCY FUNDS

The U n i v e r s it y S ystem h e ld Agency Funds a t June 38* 1950 h a v in g a t o t a l fu n d
b a la n c e o f $1*35, 9114. T h is w as com posed o f fu n d s r e c e iv e d and h e ld b y t h e v a r io u s u n i t s a s
c u sto d ia n s, and c o n s is te d m ain ly o f unexpended stu d en t a c ti v i t y f e e s , funds o f stu d e n t
o rg a n iz a tio n s and funds d e p o site d w ith th e i n s titu tio n s by s tu d e n ts f o r sa fe k e e p in g .

BWDOmiEWT FUWDS

The U n iv e r s ity System h e ld Endowment Fund A sse ts a t June 38, 1958, in th e amount o f $ 3 ,8 3 1 ,6 0 3 . T h is amount c o n s is te d o f c a sh , $ 2 7 ,2 6 9 ; and in v e s tm e n ts t o t a l i n g $3,OOl+,33U. L is te d below i s a summary o f th e in v e s tm e n ts :

U. S. S e c u ritie s O ther Bonds P r e f e r r e d A Common S to c k Real E state R eal E s ta te M ortgages U n iv e rs ity System B u ild in g s O ther Investm ents
T otal

$1,71*2,155
163,850
1U2.593 151*219
32,679
761,306
18,532
$3*80l*,33U

Of t h e above a s s e t s , $ 8,1*1*6 was due t o o t h e r f u n d s ; $ 1 2 7 ,9 9 7 was r e s e r v e d f o r t h e
purpose of th e T ru st; and $2,895l60 re p re se n te d fund b a la n c e s.

STUDEWT LOAN FUWDS

The U n iv e r s ity System h e ld S tu d e n t Loan Fund A sse ts a t June 30, 1958 in th e

- 11-

amount o f $ 1 ,1 0 2 ,0 1 0 . T his amount was composed o f c a sh , $207*002; s tu d e n t n o te s re c e iv a b le ,
$ 1 6 3 ,0 3 5 ; due from o t h e r f u n d s , $ 8, 069; and in v e s tm e n ts , $725,901+* The in v e s tm e n ts w ere
composed o f th e fo llo w in g item s:

U. S. S e c u ritie s O ther Bonds Real E state R eal E s ta te M ortgages U n iv e rs ity System B u ild in g s O ther Investm ents
T otal

$31+1*229 65,1+00 13*921 6l+,6L+l
233*603 5 *H 0
$72390^+

Of th e above a s s e ts , $738 was due to o th e r fu n d s; and $ 1 ,1 0 1 ,2 7 2 re p re se n te d fund b a la n c e s .

PLANT FUNDS

UNEXPENDED PLANT FUNDS
D u rin g th e y e a r ended June 30* 1950 t h e Unexpended P la n t Fund was s e t up t o in clu d e funds fo r p la n t a d d itio n s , im provem ents to p la n t, and debt s e r v ic e . Funds fo r th e se purposes have in p rev io u s re p o rts been rep o rted under E d u catio n al and G eneral and A u x iliary Funds
D uring th e y e a r ended June 30 1950 th e U n iv e r s ity System re c e iv e d income in th e amount o f $1+59,951 f o r p la n t p u rp o s e s . The so u rc e s o f t h i s incom e w ere a s fo llo w s :

S tate O ther G overnm ental G ifts and G rants Sale of P la n t A ssets O ther
T otal

$15l+, 900 50,000
229*1+51 25,519 231
$1+59*951

In a d d itio n t o th e income r e f e r r e d to above, E d u c a tio n a l and G en eral Funds in th e amount o f $ 5 2 7 ,9 6 6 ; and A u x i l i a r y E n t e r p r i s e Eunds i n t h e am ount o f $1+20,141+5 w e re t r a n s f e r r e d t o Un expended P lan t Funds fo r p lan t purp o ses.

D uring th e y ea r ended June 50 , 1950, P la n t Fund e x p e n d itu re s amounted to $ 2 ,0 0 1 ,7 6 6 . T his amount was expended fo r th e fo llo w in g purposes:

P lan t A dditions Land B uildings & A dditions to B ldgs. Im provem ents o th e r th an B ld g s. Equipm ent
Indebtedness R etired In te re s t on Indebtedness O ther E xpenditures
T otal

$ 51*578 1,1+29*968
102,550 lPl+,1+51

$ 1, 668,327 11+9,535 100,005
83,899 $2 , 001,766

Unexpended P la n t Funds had a s s e ts a t June 30, 1950, t o t a l in g $1,055*999 T his
am ount was composed o f c a s h , $801,i+9l+; te m p o ra ry i n v e s t m e n t s , $ 175*555 and due from o th e r
fu n d s , $ 5 8 ,9 5 0 . Of th e s e a s s e ts $21+2,055 was re s e rv e d f o r th e S in k in g Fund as p ro v id e d

- 12-

under th e term s o f a t r u s t in d e n tu re fo r th e re tire m e n t o f Revenue Bonds issu ed by th e R egents fo r th e b e n e fit o f th e G eorgia I n s titu te of T echnology, and $793*9^6 rep resen te d enexpended Fund B alan ces.

INVESTED IK PLANT

The U n iv e r s ity System had P h y s ic a l P la n t A ssets a t June 30, 1950* in th e amount o f $1+6,730800. T h is in v e stm e n t i s sum m arized as fo llo w s :

Land B uildings Im provem ents o th e r th a n B u ild in g s Equipm ent
T otal

t 2.979.77+
28,+78,236
2,908.+ 75
1 2 .3 6 + .3 1 5 $ 1*6,730,800

D u rin g 191+9-50* $ 9 0 ,0 0 0 o f S e r i e s nAn , G e o rg ia I n s t i t u t e o f T e c h n o lo g y R evenue Bonds w ere r e t i r e d , le a v in g a b a la n c e o f $2,785*000 o u ts ta n d in g a t June 30 1950; $581+,000 a t 2 - l/2 % , $ 1 ,7 0 9 * 0 0 0 a t 2-1/1+%, and $1+92,000 a t 2%, w i t h m a t u r i t y d a t e s t o May 1 , 1 9 7 8 .

In a d d itio n t o th e bonded in d e b te d n e s s, r e f e r r e d t o ab o v e, a t June 30 1950 a t o t a l o f $99l+,909 was due t o Endowment and S tu d e n t Loan Funds f o r am ounts in v e s te d in revenue p ro d u c in g p r o je c ts a t th e v a rio u s u n its o f th e U n iv e r s ity System* T h is amount i s b ein g am ortized over a p e rio d o f y e a rs from th e n e t rev en u es o f th e p ro je c ts fin an ced by th e s e loans* T h is amount is in v e ste d in th e p la n t a s s e ts o f th e fo llo w in g u n its :

U n iv e rsity o f G eorgia G eorgia I n s titu te o f Technology N orth G eorgia C ollege G e o rg ia S t a t e C o lle g e f o r Women F ort V alley S ta te C ollege Savannah S ta te C ollege
T otal

$1+61+,932 381*14-07 37*076 151*1+70
12,363
2 7 ,6 6 1
$991+,909

W ith a t o t a l in v estm en t in th e p la n t o f $1+6,730,800; a g a in s t w hich bonds w ere o u t s ta n d in g in t h e amount o f $ 2 ,7 8 5 ,0 0 0 ; and $99l+909 was due t o Endowment and S tu d e n t Loan Funds; th e U n iv e r s ity System had a n e t in v estm en t in p la n t o f $1+2,950,891 a t June 3 0 , 1950.

GENERAL

On t h e f o l l o w i n g p a g e s o f t h i s r e p o r t w i l l b e fo u n d v a r i o u s c o n s o l i d a t e d s t a t e ments r e la tin g to th e y e a rf s o p e ra tio n s statem en t o f E d u c a tio n a l and G eneral and A u x ilia ry S u rp lu s, and th e a s s e ts and l i a b i l i t i e s o f th e U n iv e rs ity System a t June 30, 1950. In ad d itio n to the consolidated statem ents, d etailed fin a n c ia l re p o rts re la tin g to the operation o f th e in d iv id u a l u n i t s o f t h e U n iv e r s ity System may be found i n t h i s r e p o r t .

James A. B l is s i t A uditor December 18, 1950

-1 3 -

UNIVERSITY SYSTEM OF GEORGIA

*

CONSOLIDATED BALANCE SHEET

June 30, 1950

ASSETS

I . CURRENT FUNDS

A . GENERAL

4

Cash on Hand and in Banks

1 ,2 2 0 ,6 8 1 .5 7

A

Investm ents (Temporary)

275, 000.00

Accounts R eceivable

835, * 9 .7 1

T*

Due from O th e r Funds

3 1 ,1 9 5 .0 0

TOTAL GENERAL FUNDS

2,362,14146.28

A'

B. RESTRICTED

Cash on Hand and in Banks

J 17it,558.96

f

Accounts R eceivable TOTAL RESTRICTED FUNDS

67, 618.15
21*2,177.11

A

C. AUXILIARY Cash on Hand and in Banks Investm ents (Temporary) Accounts R eceivable Store s ( Invent or ie s ) TOTAL AUXILIARY FUNDS

1, 070, 186.29 160, 090. 0 * 207, 575.38 365, 196.79
Jl.7U 3.Q U 8.50

TOTAL CURRENT FUNDS
I I . AGENCY FUNDS Cash on Hand and in Banks Notes R eceivable Investm ents (Temporary)

JU .3U 7.671.89

A)

t U3U.9Ul.66

3,9U lJt2

0

1 ,1 1 0 .0 0

TOTAL AGENCY FUNDS

U 39,993.08

I I I . ENDOWMENT FUNDS

Cash on Hand and in Banks Investm ents)

J 27.269.U1

V*

U. S. S e c u ritie s

1, 7142, 155.00

O th er Bonds P r e f e r r e d & Common S to c k

163, 850.00 11*2, 592.66

Real E state

151,218.91*

R eal E s ta te Morgages

32. 679.u 7

U n iv e rs ity System B u ild in g s

761, 305. 5U

n

O ther Investm ents

i o . 532.UU

bl

TOTAL INVESTMENTS

#3.00it,33U .05

TOTAL ENDOWMENT FUNDS
IV . STUDENT LOAN FUNDS Cash on Hand and in Banks S tudent Notes R eceivable Due from o t h e r Fhnds

J3.031.6O 3.U 6

jk

207,001.90
163.03U.71 8, 668.92

afc

-14-

M

STUDENT LOAN FUNDS ( C o n t 'd )

Investm ent s :

"f

U. S. S ecu rities

O ther Bonds

Real E state

R eal E s ta te Morgages

U n iv e rs ity System B u ild in g s

O ther Investm ents

TOTAL INVESTMENTS

TOTAL STUDENT LOAN FUNDS

A '1j k

V . PLANT FUNDS A. UNEXPENDED Cash on Hand and in Banks Investm ents (Tem porary) Due fro m O th e r Funds TOTAL UNEXPENDED

'Me n*
if

B. INVESTED IN PLANT Land B uildings Im provements o th e r th a n B u ild in g s Equipm ent TOTAL INVESTED IN PLANT

TOTAL PLANT FUNDS

TOTAL ASSETS

31+1,229.00 65,14.00.00
1 3 ,9 2 0 .9 9 61*, 61*1.66 233*603.02
5 ,1 0 9 .7 5 #

723,90l+.li2

$ 1,102,009.95

801,1*93.1+9 175,55U .85
58,950.28

$ 1,035*998.62

1 2 ,9 7 9 * 7 7 3 .9 1 28,14.78,236.1*0
2,908,1*71+.97
12,361*, 31I+.68

$1*6,7 5 Q 7 9 9 .9 6

$1*7,766,798.58
$56,688,076.96

-15-

UNIVERSITY SYSTEM OF GEORGIA CONSOLIDATED BALANCE SHEET

(bdnoO) s a r o Kaoj Tiaaurs
a fearadseviil

OO.QSS,i+lUnf 5 0 * 1950

3&iJTJJoa8 8 *

0 0 .0 0 4 ,^ 6

8brioS teddO

p p QQO X f
L IA B lL iy lS ^ SCKPLOS AND FOND BALANCgg^

edhB-uia**J aI abjsv *H*
,*,,*,3 rseH

I . CURRENT FUNDS

SO.506*553 5 Y.90I *5

agnifoXinH me&zxB vitia^avlcxU

Vr

adnemdaevixl ToxidO

A. GENERAL^^,a1.j.1a/op <^s\ i ~ -- ~~ _

aTifaMTaawi jatot

A ocora^^^eyabie"

$ 30*185*47

an non cnr R eserve f o r P u rch ase O rders O u tsta n d in g

9 0 , 3 ^ 4 ^ KA0J TMdUTS JATOT

59*?0SO I`R eserve fo r U nearned Income

302,1+83.69

Reserve fo r B uilding A uthority R entals O ther R eserves

1+70,01+0.00
il+,906. 1I+

acmu TAjq asawM xamj

S u rp lu s

Pd. ^9+1,108 $

TOTAL GENERAL F U jg S y ^

1 , 4 5 4 , 4 7 n i farta brmH0ao sb O

( * 7<$?)

5a v a l

B . RESTRIC|gD0^ ^ ^ Q 4j; | 8S.0?.9*S?
Fund Lance

abm / 'iad&Q moi'i end aaaimxsvm jatot $ 21+2,177.11

TOTAL RESTRICTEDx| U ^ W s S |

0+i.85St 8V+i8S

C. AUXILIARY

Y<?.4Y4,809S

A ccounts Payable

88.4X 5.+J45.SI

Due t o 0 0 h ern F+m dsj ------ -- -----------

R eser v e f a r ?PUT^chase O rd e rs O u ts ta n d in g

v\o R eserve fo r U nearned Income

Reserve fo r S to re s

s Ot&er R eserv es

-S urplus

TOTAL AUXILIARY FUNDS

$

*a

agrsf faX.r.uS

agitihiIjulH ositi leiiio 3 Knamevoiqinl

f m3* 25 8.20

ineroq Lc/p3

s s .o s .r aaraam jatot

5 2 ,7 6 3 .14t
365, 196.79
i3,U 93.ai+
1 , 170. 521.61

gann IIMI JATOT 8TK3SA JATOT

i l . 71+5,01+8.50

TOTAL CURRENT FUNDS

+,31+7 , 671.89

I I . AGENCY FUNDS Due t o o t h e r Funds Fund B alance
TOTAL AGENCY FUNDS

4 ,0 7 9 .5 8 1+55,913.50

$ 1+39,993.08

I I I . ENDOWMENT FUNDS Due t o o th e r Funds Reserve fo r Purpose o f T ru st Fund B alance
TOTAL ENDOWMENT FUNDS
IV . STUDENT LOAN FUNDS Due t o o t h e r F unds Fund B alance
TOTAL STUDENT LOAN FUNDS

\ 8,41+6.17
1 2 7 ,9 9 7 .0 7
2 ,895,160.22

*m
>, 031, 603.4 6

\

7 3 8 .1 7

1 ,1 0 1 ,2 7 1 .7 8

A A 'H l

$ 1 ,1 0 2 ,0 0 9 .9 5

VM
39 08
*
1+6

V. PLANT FUNDS A UNEXPENDED

AI0H030 30 M3T3Y8 YTI3H37IiiU SSHUTIUPIJUaS (TdA 3MOOMX 3 0 YHAMMJ3

R e se rv e f o r S in k in g F\m<P99J ^9 9It/U 6 e ^ a 3 ^ g e ^ ^ o ^

Rind B alanoe __________

_____ ___ __ 79?.^9ll587

iiT O aaapt

a fcm/i d n e n uO

~noM leiidO ' x^& TLixuK lefioideoiibS I

XB/ofNYESTED 8Mi#LAli|iFfioid-BonbS s e a x ig ie d ir g Is ie iie O

------- -- 'TM X o an T T 8 3 ^ I ^ b ~ E n a'd ^ eW E "'FU^dsTM ^

X88 ,90Y ,8L<ifans P a y a b le t o S tu d e n t Loan Fluids
Bonds Payable 8 1 8 ,8 I7 9 ln v e $ Q i!^ fe in 1^309 48 I

*881 ,S 788,179

.0&toJig INVESTED IN PLANT

I8 4 ,9 2 S

S 9 T ,8 y

"1T T 61305 .5 4 l8 ^ ,g 9 |jlo |.0 2
85, 000.00 4 f0;g91.U 0
Ic ^
494,88s*

$ 1, 035, 998.62
3M0:
see d dilefejjdE Xb dnemm evoO eig to eO do ededE IU6, '7 ? 0 - 79^ tPIOwbn, *e addxO

808 88 TOTAL PLANT FTJND^28,8 8 9 7 ,8 3 3 ,1

988,89
897, 9334x

LIABILITIES, SURPLUS, AND IUSdT^LA^CES

980, 888*2

9 8 0 ,8 9 8 ,3

40Y,SSP,X
419*093

40Y,SS8,X
419, 09s

998,099

ooa^s

9s

yy8 , y49

799*794

TY oTY sgTssi 199,^4 ^ ^ q o iVq8 iT ^ W 7 yp^ I " ^ s ^ o sq M i

ssoxvieE bob ael-sb
a $ ^ 688^ 76.96
I Jf5!Fy K jBt a --= eiodadoo?
adcteaidieqA isrfdG
3M0DUI JATOT

848.184.1 I
489,288 898, 189*1 100,009 8Yi488,8 9Y9,YQY
8 0 8 .3 8 7 .1
408,+i8Ys
998, s4y i 0x8 , 491.2
88Y884I 84l,S 8
038,808

545.88
89Y0S
8X 9 ,8 4

Y28,888,X YS8,888,X|

889,8+4; 888,841

900.001

900,001

988.88

8 8 8 ,8 8

18Y,9x'4`,ss $ "88Y, 100, s |

24S89 I
88Y0S
819,94
'tiig .iiii

8 9 8 ,S4Y I 0X 8,481,2 8 8 Y884,1 8 4 1 ,2 9
038,808
e o o .g s a ,* 4

aaiiuritA q]'

JAH3U30 JAW0ITA0UQ3 .A

948.184.1 XBietieO & a v id a id a s.nlmbA

488,298
898.188.1 100,009

e iB lis W direbjbdE arroxdjsieqO d iisld
Y'JB icfiJ

971,499,8 8Y8YOY
8 0 8 .2 8 7 .1 4 0 8,48Y 2

noxdrrridanl darrl od . XeH aexdxvxdoA
do TQ9 a sfi iioxanedxS

332IH3H3Tr-i3 YFAIJIXUA .8

aexiodxanoQ

XXbH gnxnxQ

icd aio o S

adiiejrrd'iBqA

*ieridO
jAxoiTA O uaa-uopi hshto .0

aq+rfainlorioE

aqiiiaw olle'?

isridO

80PFJ? Td.4o.I3 .0

dnnX3 od anoidxbbA

beixdeH aaetfbedcfebnl

aaenbeddebnl id da& iedal
19 idO

S e i l . g s J . g i i 83HUTia[433X3 JATOT

95

-17-

UNIVERSITY SYSTEM OF GEORGIA SUMMARY OF INCOME AND EXPENDITURES
F or Y ear Ended June 30 1950

INCOME Student Fees Governm ental S ta te o f G eorgia O ther G ifts and G rants End owment S ales and S erv ice s D orm itories D ining H all B ookstore A partm ents O ther
TOTAL INCOME-

C urrent Rmds E d u c a t io n a l A u x i l i a r y O th e r Non- P l a n t & G eneral E n te rp rise s E d u catio n al Funds

T otal

6,709.381

$ 6,709,381

5,1+96,1+18 2 ,1 0 5 ,2 3 1

$ a * . 500 $ 15l+,900 5 ,7 1 5 ,8 1 8 50, 000. 2 ,1 5 5 ,2 3 1

263, 1*5l*
5 9 .6 8 5 1 ,2 2 8 ,7 5 6

7 8 ,7 5 2
6,823

229, 1*31

571,637
66,508 1, 228,756

1 . 037,362

1 ,0 3 7 ,3 6 2

2. 359.063

2 ,3 5 9 ,0 6 3

1, 922, 701* 230, 511*

l,9 2 2 ,7 0 i+
230, 511*

157,397

31*7,677

25

25,600

530,699

$ 1 6 ,0 2 0 ,3 2 2 5, 897.320 $ 150,100 $ 1*59.931 2 2 ,5 2 7 ,6 7 3

EXPENDITURES

A . EDUCATIONAL & GENERAL A d m i n i s tr a t iv e 5; G e n e ra l $ 1,1+91,81+9

S tudent W elfare P lant O perations L ibrary In stru ctio n

332,981+
1 , 561,696 500,001
6, 331*. 175

A c tiv itie s R el. to In s t. R esearch E xtension

707,379 1 ,7 6 2 ,9 0 8
2, 731*, 501*

B. AUXILIARY ENTERPRISES D orm itories D ining H all B ookstore

71*2,859
2, 19^,610 1 , 1+86,768

A partm ents O ther

92,11*8 308,620

C. OTHER NON-EDUCATIONAL

S cholarships

Fellow ships

O ther

C. PLANT HINDS

A dditions to P lan t

Indebtedness R etired

I n te r e s t on In d eb ted n ess

O ther
TOTAL EXPENDITURES $ 15. 1*25, 1*96 1*,8 2 5 ,0 0 5

$ 93.21*2 2 0 ,7 5 6 1*9,516
$ l6 3 ,5 l]+

$ 1,1+91,81*9 332.981*
1 , 561,696 500,001
6,331*. 17 5
707,579 1 ,7 6 2 ,9 0 8
2,731*. 50l*

71*2,859
2, 19i+, 610 1 , 1+86,768
92, 11*8
308,620

93. 21*2 20,756 1*9,516

$ 1 ,6 6 8 ,3 2 7 ll+9*535 100,005 83,999
$ 2, 001,766

1, 668,327 11*9,535
100,005
83.899 22,1*15.781

18V w "m

-18-

m
18H W
** ** vt & AA
.1 A 5* >>l*

UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF CURRENT SURPLUS
JUNE 3 0 , 1950

EDUCATIONAL AND GENERAL S u r p l u s , J u l y 1 , 19l*9 A d d itio n s! E xcess Income over E x p en d itu re s C u rren t Income R ealize d Add: In c re a se in A ccounts R eceivable D educt: In c re a s e in U nearned Income C u rren t Income Earned
D educt: C urrent E xpenditures Cash E xpenditures D educt: D ecrease in A ccts. Payable C urrent E xpenditures
E xoess Income o v er E x p en d itu re s Excess S tate A ppropriation over
Regents* A llo c a tio n T ra n sfe r from O ther Funds S u rp lu s , J u ly 1 , 19l*9, p lu s A d d itio n s D eductions: In c rea se in S urplus re serv es T ran sfer to P la n t Funds
T ra n sfer to O ther Funds Surplus A djustm ents
S u rp lu s, June 30, 1950

* 1, 170,525JlO
*16, 020, 321.9!*
3 8 ,5 1 7 .6 0 * 1 6 ,0 5 8 ,839.5U l61*,008.0L*
*15,89U ,831.50

*15,1425,1*96.21*
192, 868.56 *15, 252, 627.68
*

662, 203.82

50I+, 182.00 5, 602. 1*1*
*2,31*0,513.66 * 333*690.68
5 2 7 ,9 6 6 .3 5
500.00 23,886.30 * 886, 01*5.33
*1,1*51*,1*70.33

A : A 9
v4
V^
4*

AUXILIARY ENTERPRISES

S u r p lu s , J u l y 1 , 191*9

A d d itio n s: E xcess Income over e x p e n d itu re s

C u rren t Income re a liz e d

Add: D ecrease in U nearned Income

D educt: D ecrease in Accounts R eceivable

C u rre n t Income ea rn ed

D educt: C urrent E xpenditures

Cash ex p en d itu res

D educt: D ecrease in Accounts

P a y a b le

*l*7,l*8l*.60

Increase in In v e n to rie s

19, 021*.91

C urrent E xpenditures

E xcess Income ov er E x p en d itu re s

S u r p lu s , J u l y 1, 191+9 p l u s A d d itio n s

D eductions: T ran sfer to P la n t Funds

T ran sfer to O ther Funds

In crease in Surplus reserv es

Surplus A djustm ents

* 763,11*1.15
5.897,319.62 2 .3 5 6 .5 5 i 5.899.676.17 21*9,753.30 $ 5,61*9,922.87
$ I t ,825, 005.52
66,509.51
I 1*, 758,1*96.01
* 891, 1*26.86 * 1, 651*, 568.01 : 1*20, 1*1*5.03 7, 1*03.76 51, 733.78
1*,1*63.63 * l*8l*,0l*6.1*0

41

S u rp lu s, June 30, 1950

* 1 ,1 7 0 ,5 2 1 .6 1

%

vm
vr

o ft~

H, O '

LO
/X I

Ito-

fe

CDs O ' Qy\ ) n .i | t l
r
o fT /o0o

.OJ

--o-"I

I!A I co

j-fc jo

d'

H.

Institu tion

Hi I

UNIVERSITY SYSTEM OF GEORGIAf H f

if?!

y#=

STATEMENT OF EDUCATIONAL

GENERAL ISMft'

1/01 0 3 Q s m i C D - 0 -^3 O

o

_Fr^eay, Ended June 5 0 , 1950 C0O1 H

| O r'H ! O /X

\(~A a & ^T A X X i

!e l Cl,.

O r>i O "t -

3 tL -fc-

fjjfcudent Fees

I'jlat^ictflat^pn N on-tfisident Summer

Tuj^jpn

School

i/t L0

ryi
TXT

Qy

/O ---3 O

&

/O Fr--,

G ifts Grants A Endowment

0 -4 GoveninJtO

Others Than` ;

Sts(taH

S a le s and

AlloUmgQt

:sv ic es

O il

Other ,- V\

Totals

Internal - State

IncomsT:

Allotm ent

Total Inoome

5 ? W\75 o o 1

SENIOR UNITS U n iv e r sity o f Georgia - Athens
t A tlanta D ivision General Extension
Georgia I n s titu te o f Technology North Georgia C ollege G eorgia S ta te C o lle g e fo r Women Georgia Teachers C ollege Valdosta S tate C ollege
TOTAL SENIOR UNITS
Medical Medical C ollege o f Georgia
JUNIOR UNITS Georgia Southwestern C ollege West Georgia C ollege Middle G eorgia C ollege South Georgia C ollege Abraham Baldwin A g r io . C o lle g e TOTAL JUNIOR UNITS

772.707.2U UlU.lU% S5 121,3453+2
1,147,499.61 90,032.00 109,672.00 111,680.68 Ui,o4U.oo
$ 32,701.50 U3.9lU.39 23,556.lU U o ,153-51 3U.058.60

52S7669.72 2^ 31.93
1 .0 8 7 ,l|9 tj0 0 24.36& 02 2,fek,60 68, 9>8U l,q 88 80
------ ! ------}
$ 7,817.16 12,316-^98 i3,ibj+oo 17, t o . 09 12,024,79

$262,665.142 lll,23U .29
375,1+913+7 22,579+35 3U ,6^ ,j20 1+6, IO330I+ 6,59lgOO
$859.5214,77 L0

$ * 8+ .5 2 3 : 0 7 ,5# 5799
82, 015.01
X 4,3|t3t3^>
8 ,4 ^ 3 ^ nM z& yn 9,52n a-> 6, t n f t ix
$522,5pr?lfU

$ 66,319.51+1 283,177.29 $

62,619.68 3,300.00 3,000.00

20,709.71
57,790.88 l6 ,5 5 l+ .0 0

$135,239.02 $ 377,231788 $

.8.10-, $ 8U,363.56 $ 2,50 0 .0 0 $ ----------1----- r^y -----------------------

tA.

$ 785.00 $ 6 , 82U

O 5,099.77

5,807.60

Q' 3 , 571.00

399.70

Z. 1,359.00

630U .36

>776,737.53

2,459 .Uo M

# 1.U18.0U U,938.15
17,666.11

1+06,678.68



\n 57,0371- 26

$

/v i 2,1+55 ,776432

# 4 3 0 6 ,7 9 9 .0 0

#

,762,577.02

8,511- e x 7I+9 ,604*87 #2l+,655.00

87U.259.87

9,735*38 559.11+3.09

1+4,831 86|

,+gl3. ,095.81 ,39l+. 15

. ,,53,700.00
i }f9S*p53.00

266,795.81 ,197,1+47.15

100 63 +8 ,518.31 12 0 1 ,6 9 5 .0 0

350,213.31

6,722 75S <35 >232 ,666.93 -431,-211.00

663,877.93

1+.327 25 2^1257 ,097.93 I S--15J&90.00 261+...-.I..d....CD t 55 ,1+62.51 1 ^ 3 ^ 7 2 8 .0 0

^ 8 ,6 8 7 ,9 3 ^ 172, 19( ^ 1^

975.557.IS 1 2 , 801.O ^ ^ ^ l , 618.53 $fij8& 431. ,696, 01+9^3 ta

'3 F

!/"vt l/j !O

aT*w 0 O

11,655.35 $ 3.732.771$ ^ 8 3 .5 9 6 .0 1 $1 bfy, 929.00 $ 6 6 7 ,5 2 $ | l ;

$ 2,225>..13 $ 2 ,2 6 35..72 1,991L..50 ..
53,175US 1.685.U8 a . 33,173.1+8 $ 8 ,15.83 $g

51.771.26 7U.2U0.6l

71.U03.00 $ 99.119.00

U2.621.3U 66,127.96
107,855.39

71.091.00
. _ 88,155*00
88 120.00

3U2,6165 6 .,~ U l7 ,388..00 $

123+T7U2S60
1 7 3 .5 '5 9 ^ 1 ^ s 1 1 3 ,J12pU gS
15U,e82i96,3
195,975'. ^9<4
7 6 q^5QJ+.5/-

NEGRO UNITS Albany S ta te C ollege Fort V alley S tate College

$ 39.872.8U 7 5 ,158.8U

/O

03lllU+,,li+l7.^8.3155

fe3o7%S>3079.2.662

$ 5^5V 6
11<939S38

01333 .17 a

# 2 5 1 .66 $j.a 91.303.2o4 -26,UlU00 $ 217.-777`.;>-3

$ 2,666.06 $ 89.97U.35 #

U

`1.^5 ,90 2U 7.U 2U .1 ^L70,0$r.00

U17.UU8+T1^

Savannah S ta te C ollege

TOTAL NEGRO UNITS

$

EXPERIMENT A AGRICULTURAL EXTENSION Georgia Experiment S ta tio n C oastal P la in Experiment S ta tio n A gricultural Extension Servios

72,600 4^8
187,632 g g

^ 869l ,,080977..2700

61098.78
$130^+5.64,

20,<400*11
$ 38^96^25



R

,xi

cp at

> R

b-A

18,882.12

-1,755.33 .T2. ,96

21+1,837.28 4236,39,8.00

U 7 8 ,2 3 5 ^ 8 fi:.

$ 2,666.06 $ IQ8.856.U7 $ ,15^89.50 $a.9>0.52 $? 58Q#:56U.62$ -.532, .00 $ l,H3,U6ofcfei;ir+

q

co tp

i4

$ U2.23U.l6 $ 368,682.08 $ 37<99^2 $ ,7>+

2, 5/0 .00

to co ,.0.51+oq^9 cg,6S0

53,066.77 1,223,938ego cp >-s o> g

te 8x3

5 0 1 ,^ 0 .U3y> 31+1,271+5.00 $ 6 U 2,8lU ^3`

120:+621. 02;;) Cj85OOf.OO

305,621.02

,<S77ggl8.87b3 <UUU?OOg.OO 1 ,7 2 1 ,2 1 8 .8 7

TOTAL EXP. & AGRIC. EXT.
GENERAL Central O ffice S o il C onservation Committee Job E valu ation Survey

t tv co ul C_L t? O a H R

i: X >-1

cj.

<$ ~~1*

IV

T# "

Cr >4 to Hi

4 R O Q <x

<J> <4- ,4 B $4

Oa K g +Q q- X H* w

KF

>

& Cy

i/i r-te

O

$ 97,870.93

a a

a a !-- & h* Cj &



O $ 3,000.00

o

^ I ,^ 9 g 8 d jji? -T ' V 6 - , m . 'S S i ,69.65U .5g

O /y /O

CO je?

q

qa

3



+Q

Ha *

Ci. O h3 p Pv ?!$ ,4 1^ 7.9

"fc~> 0 O ,Q O X

bQ a C+ H jJ|

a H-

>

te



H.3Cd21890 $ 82+009.71 #

0E> g q .

2$f0J.0p 2 * 9 9 ^ ,^ .-

85,137.6i 25,000.00
2,990.29

TOTAL GENERAL

M ^3 ,0 0 0 .0 0

uQ tn. >

a i ig7-9d f

g



O 5> -- a H-

27^9C0~~^1 ^ 000.0PH$ i_,, 113. 127.90 4

GRAND TOTAL

57 $2,C D 5i23l^3 $ 1 ,228?7554+9 ^ 1 3 ^ 6 ^oJ^3!i^0^9UT-|t5f+96SUg.O>p $ p , 0 2 0,321.9U

a g

>

a

a a fH <r< 4

g

Hr 03

hP 3 MS

Hi g cr*



R

CqO Ma aa
0cs 0

C
q

Pv O
0& *cq?

HH
<a4- ^q0

HaO

Ht O,, a

IOXs[i t< * <gr*

a p.

3Q @

+ co

a C

? 4

a

0 H. se

oo XX

s4 CP CP 4 g CP g O 38

g

h3 t~3 q 0

H-

id 41

c hQ

a d

cr a C

P4 CO

CP h!
>CP 0g3;

>

41 ^ Mp

\JT -i- ^

%

>$r

+4 i.

P 4 V

i *

y* % f j P *

. -r T

- ""

"~4Samm,,`' 11

V *5^" r

'V w >

Q W
& - Jer r "V

4 V

x -r -er-'" *

In stru ctio n

SENIOR UNITS

1

U n iv e r sity o f Georgia - Athens

A tlanta D ivision

General E xtension

G eorgia I n s titu te o f Technology

North G eorgia C o lleg e

G eorgia S t a t e C o lle g e f o r Women

G eorgia Teachers C ollege

V aldosta S ta te C ollege

TOTAL SENIOR UNITS

MD
I Hi (am j^3
ru

fi V

o u

Sa m .f

r--ui

rlpo

"--1j/O H* O
c o l h . m am O - O COAH
Ofr f*AU/enU*C*D
m"` ' / p a - 00 H Hi

+4 W

* ^1?" ~ r
fcj Hi au ru am
4-%j H o am Q / o

a l h Hi / o O ' co /Q --3 10 CD * ni ta / p o

H. P |a - - 3

(/> 1 a Hi

Ht Ht

4 v -
w" ' l" ^ r

V

6.

kr

8A^UauH-fc_cro/vi /eurur --$ T h , au / o --3

CD--3/01 0 / 0 /O fcO ta A U AM AU /TJ O

r o O O O ' am --3 i* ,-s- , ? & *

t/3 DDAM 0 / 0 CH

CD O O t a O t -

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10 Hi

rHui

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h

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CU o --i CH --1 Ht t a . oc / o t o --j au

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lo O 3j 00 CD UNIVERSITY & s m ^ S ? GB$&IA

ta

STATEMENT F0ForEDYUeGaArTiIndNe LdAJNunDeC3E0N,EM19I5E0XPENDITURES

A j | ! Hi

tO /O O am

j h am

a

H,

Adm inistrt il and Generai

'`w S' ib P h y s ic a l torjsDO H, P la n t

,'t> Hi LO f"y\ L ib r a r y Q,< I n s t r u c t i o n Hi Ht --J

JO

ro t a

0 4 O AD t a

97015 4 jV v
,613 590 ,81*2185

$ IU $ 322,609 .21 I
9w 9 ! ? ? i o W 6' 08f o U

$193. 861.75 J p tiS ,

$1,922,1389.84 5 16 ,^ 0 6

925JEQ-J ,863 ite

i io i- t- am t a i 196
li o j 6 5 2 |0 4 * 5147,368

C"

1 ,7 9 1 4 ,4 ^ 7

o 6 3
,,267627[1i5S1J ,793IPSQ

g ^ | <P |9rJ63,899

4

(p

C

3

i2

7

fe '1-

X<*j9512,,798759

au ro 23,622

M p g $283

g } $1, 179, 5146'

177,718@?53 39I4. 38^49 * JL -2v3o76au 223, 60^:72
toJf O l^0V -9L 5^4j $5,19223,.114P69M^978

HO
CS H

t - O au H .--J Hi
WCD*t*- 9Hi

arou
n& i

CoH
CD

CO Hi --1 OJ CD O

f3 i

t a t a cd t a co

| av*

1i'A3V

O O CO c h O O /O CM

ActitiJIes --j Q/ 10 O
R e la ia d jto t _ fc^eiboh Instf&riion C^` 0 3 Os O

teuf /H /O O-'g

Wo}

Hi --

$1420Qt4.97 $ 262.i198.l4l

00 a 2 9 j'^ |j^ .% ^

I * 593, 812/71

H a / o H.-/Q c r ^ 4 0 '

I l a H i o / o a )t AM 0 / H. AM tS



j --j| O AD --3 ALI 10 m 1
T

lr > p
I Hit
Extension: "ligi
2 7 2 ,l+ || f
195,liil?.28I
I4.9L, i|^>
257.,775WffHS | 995.3&$4

T o ta l E x p en d itu res
o 3. 695. 29 152
7 3 8 - 9 1 O^ 2149^97.9^4
3,9l4021fNlp 32cr77c;9p9 653.6^7fS
36a^ 6a,2a3 I6 ? ltl8 9 j, | l 0, 124g ^ W S

MEDICAL M edical C o lleg e o f Georgia
JUNIOfe UNITS G eorgia Southw estern C ollege West G eorgia C ollege M iddle Georgia C ollege South Georgia C ollege Abraham B aldw in A g r ic u lt u r a l C o lle g e TOTAL JUNIOR UNITS
NEGRO UNITS Albany S ta te C ollege Fort V a lley S tate C ollege Savannah S ta te C ollege TOTAL NEGRO UNITS

$ 36,090

-<4 0 U D /O

a*/>i

$,,10^389.146 $ 290, 0jL9.39 1 loI--3 ali a --3 au

$ 1U9.658

I4J0S f A>$ H i23, 533.1*9 -9 0 $p~3g 8la 5i H $

3 W % ^30,976.U9Kjk^

/v ,

-~23. 936.89 H ,22,136.ll*

r--ilrfc~A-L*54a2S12!H82-3

H, 0 2 6 , 1+76.U3 Cd ! /D C05;83iL12a '

V rj%

1 $ 127. 059.V 4

$ 27,791.26 $

1+8, 4 3 .70 73, 172.76 58,8|+3.79 76,998.28 67, 2^3,10
32I+, 5&1.63

10

I 44.048 7537..592392
$ 175.510

g ^ ^ 2 6 ,5 2 3 . Ja92l ^ . . 69, 856.
, 7 l}93d / p am60, 915. ro

31:

^ 3 .5 7 .2 9 5 .

1 /ojT sa"1 H s3^50i>]Q
$

121,663.79 190,5l3.75 28l+,96.03
597. 1* 3. 57'

$197ly ? j.g l $,,, . 90, 982.77

! b ^ / am /
jj *



11-4 AMA > .M C D H

Y il Irr

^2 .>;?$

1 j m m
S.AUJ O O ' W f.

$ 314^.97

p-CH

3U.1 5 ^ .5 7 ............

j0 t

lo au
ira n

tma

au
io

ma

1886S.75 . .

AM*

6,g74'39- kP au ry - i

7#>l49
Th J
Ili 14,847.0$
IIaj i
17,66fc5l 2 2 ,5 1 0 4
4 .7 0 ^ 4 56,2l$7'| 9,124.40
70,1$.

$ 67ff27Sj6jgj
wS M K
* 11106095^
15333f-453^
1 1 2 ,6 8 0 _.2 5 -* U43tl35'40? > 183i.^97.:9 ^
t 70l44i09-i3^
93 t
t 209 6fe 1+12, 1416^83 1+68, 18^61
$ 1, 090. 551&5

EXPERIjJENT A AGRICULTURAL EXTENSION G eorgia Experiment S ta tio n C oastal P la in Experiment S ta tio n A gricu ltu ral E xtension Service TOTAL EXP. A AGRIC. EXTENSION
GENERAL Central O ffice Job E valu ation Survey S o il C onservation Committee U n iv e r sity System Survey TOTAL GENERAL
GRAND TOTAL

Ui,965
12210,,705888 $ 183,812
82, 015.35 3, 990.29
1+2, 727.90 128, 733.514 1 , 1)91, 8-1-+-8--.-8T1,,

O LO-

/"Vii LO --* O CO

10 14 ' 2 9 , 282. 13

18, 676,

1+, 562.35

\rn O A l-- J H O

OO

\- : $ r * to # ^ 0 v ^ 9 .8 o JO
251, 896. 1 3 '

1 ,629, 8m . 5T[

^ $ 10, 309. 8^

$ ,4:810, 735.93

,6 2 9 ,8 e .5 7

<D

Q <D Hi cb

Hi O Od
HO

O

H

tOq --O CqD-~Hai-

- - (3- 0 -

$332,

.
s> 1O-9
h9

^CC&tJ<2o$DO3, ctH<H<J5o543tt1-e*.M0uHa15Qt<5o3rt,6-1IhMSa0,H33695.8

8

o



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CW

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Ht

0

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Hi

S

o

0

h.

a

0

35 - 0x5

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Hi Ori

0



!-P

Ht) $? 9-4 fcq O Hl O b , 0 f-i-

15. 870.12

O O H Ml Ori O H- >

Hl PHPS Hi (Id --4 ----Hi---

1 5 ,8 7 0 .1 2

cd
P-i 4O-9

Ht O Ht Cf*
HatUtJto:o>$a3-.r5'Y0*OCtOMoJV0rJ-,,2*H<tOctoirr)iliOttC0joorfLl21M'*(1;:*ig

$6 , 3314, Hi
dl tQ
,O--j
A-J "4

171h 57 b 0 4-1 to 0 K* tr gto

fa p> O ii f--i g&3

I

707.

3 9 .

-Ht

6-, CO

> 1-3

to

O 4-9

<+ ca

O

tr

H<to4i

ojtJoIC*376,'9e ?

t*a2o.1

ato

to
0

C

Cf.

ci

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to

to

r4 O

to

Op

O

.
Cto4.
p Hi a 5>

*CS---$25^ 3U ,50U-21
p H# 0 * 1 H*
Cl

$ 63583U.91 296. 923.U9
1. 7149, 9140.76 $ 2, 682, 699.16
82, 015.35 3, 990.29 15, 870.12 142, 727.90 F ~+I+, 603.65
$15, 1425, 1496. 21+

UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF CURRENT AUXILIARY INCOME
FOR YEAR ENDED JUNE 3 0 , 1950
D orm itories D ining H all B ookstore A partm ent s O ther

T otal


*\ -
Aj
ui
!w

SENIOR UNITS U niv. o f Ga. - A thens $
A tlan ta D ivision Ga. I n s t, o f Technology N orth Ga. C ollege G a. S t a t e C o l. f o r Women Ga. T eaohers C ollege V aldosta S ta te C ollege
TOTAL SENIOR

3 2 8 ,1 5 9 .3 1
31+0, 617.03
1*1.1*95.25 87,575.91* 1*5.252.05 30,1*31**82

1*1*2, 1*27.17
5 5 3 ,1 9 1 .8 2
li+2, 588.60 296. 017.95
1 8 0 ,5 8 5 .3 1 80,91+3.96

b

1*92, 285.76 163, 76!+. 18

L1
80,830.51 l,3 l* 3 ,7 0 2 .7 5 v 1*5.595.77 2 0 9 ,3 5 9 .9 5

892,735.12 175,000.33 8 5 ,1 1 5 .2 3 2,01+6,659.53

1

55, 1*58.38 16, 622.98 1*7,1*70.97 303, 636.18 K

2 7 ,3 9 9 .3 9 9, 81+6.00 l+ l,8ll+.26 1*62, 653. 51* .1I l (

1+5,101.91* 3,61*7.00 8, 361. 1*5 282,91*7.75* 1 ' \

1 0 ,6 1 9 .3 7

121, 998. 15v I a

5557irong"

MDICAL M edical C ollege o f Ga. $

+1+, 5 2 8 .8 5

+ ,795.2 6 1+9.321+.11:

JUNIOR UNITS

Ga. S outhw estern C ol. $

W est Ga. C ollege

M iddle Ga. C ollege

South Ga. C o lleg e

Abraham B ald . A g ric . Col

TOTAL JUNIOR

T

1 8 ,5 2 0 .1 6
26,1+05.1+1+
ll+ ,3l+6.00
2 1 ,5 9 1 .3 2 2 2 ,1 9 6 .1 5 1 0 3 ,0 5 9 .0 7

67, 86!+.57
9 1 ,7 3 6 .7 7
U 8 ,0 8 0 .6 0
85,3++.59 9 l+ ,l3 0 .7 2 3 8 7 ,1 5 7 .2 5

25,91+1.17
1 3 ,1 3 9 .3 1
22, 653.1+0
2 2 ,1 5 7 .7 7 20, 8 2 1 + .8 5
10l+,7l 6.50

+,762.13
5, 121.60 6, 139,39 16, 023.12

13, 61+5.08
277.75 2 ,0 7 7 .3 7
16, 000.20

1 1 7 ,0 8 8 .0 3
lU + ,926.60 4 I *
90,1+79.35 ,, 1 3 1 ,1 7 1 .0 5 ^
11+3, 291. 1 1 -r
"06,956.11+'.

*3 i*> a

NEGRO UNITS A lbany S ta te C ollege F t. V alley S ta te C ol. Savannah S ta te C ollege

TOTAL NEGRO

$

17,1+03.19
2 2 ,7 8 9 .2 8
2 0 ,5 7 5 .7 0
60, 768.17

6 1 ,1+0 1 .3 0
1 1 3 ,3 1 3 . 101,1+35.95
276, 150.88

9,526.1+3 15,81+9.36 60,718.1+3
86, 091+.22

5,111.13 8,768,17
1+, 263. 1+1+ 8 ,9 2 5 .5 1 9, 37+. 57 17, 693.68

88,330.92 >
165,831.57 * 195,919.03 f
1+50, 081.52 V

GRAND TOTAL

1,037,3 6 1 .6 1 + 2 ,3 5 9 ,0 6 2 .9 1 + 1 ,9 2 2 ,7 0 3 .7 1 230, 51I+.OO 31+7,677.33 5 .0 9 7 ,3 1 9 .6 2 ,4

G]

- 22-

UNIVERSITY SYSTEM OF GEORGIA

STATEMENT OF CURRENT AUXILIARY EXPENDITURES

;

FOR YEAR ENDED JUNE 3 0 , 1950

D orm itories D ining H all B ookstore A partm ent s O ther

T otal

^ SENIOR UNITS

. U niv. o f Ga. - A thens
spit-
A tlanta D ivision

Ga. In st* o f Technology

North G eorgia C ollege

Ga. S t a t e C ol* f o r Women

Ga. T eachers C o lleg e

V aldosta S ta te C ollege

m

TOTAL SENIOR

227, 587.15 1*35. 156.26 3 7 7 ,5 2 7 .7 3

7 3 ,5 5 6 .7 8 1,113,8J?7.92

180,1+25.65

6 ,1 2 7 .7 0 186, 555.35

169, 51!*.75
3 5 ,0 5 8 .7 8

519, 87l *.81
1 3 7 ,6 8 6 .5 0

563 ,6 7 5 .7 8 5 8 ,1 7 8 .7 5 7 8 ,5 1 2 .8 5 1,389,756.91+
1+5,612.71 5 ,3 7 3 .2 6 55,1+81.31+ 279, 212.59

7 5 ,2 8 2 .7 7 2 6 3 ,2 2 3 .9 6 23, 2l+l+.22 3, 21+7 . 1+2 3 5 ,3 7 5 .6 8 l+oo, 37I+.05

1*8,165.81* 1 6 2 ,5 7 3 .0 7 1+1,1+33.1+8 5,72l+ .09 12, 073.82 269, 970.30

W+.319.35 6 3 ,7 3 5 .5 1

9,600.31+

1 1 7 ,6 5 5 .2 0

5 9 9 .9 2 8 .6 U 1 ,5 8 2 ,2 5 0 .1 1 1, 21+1, 519.91 72, 523.52 261, 128.17 3, 757, 350.35

|f- MEDICAL

M ed ica l C o lle g e o f Ga,



1+5,1+68.92

5, 11*8.67 5 0 ,6 1 7 .5 9

JUNIOR UNITS

Ga. S outhw estern C ollege $ 23,177.13

L West G eorgia C ollege M iddle Ga. C o lleg e
L S o u t h Ga* C o lle g e

21,328*79
1 3 .7 7 5 .8 3 1 5 ,2 0 0 .8 7

Abraham B ald . A g ric . Col] e g e l8 ,2 26.95

TOTAL JUNIOR

91, 709.57

60,125.9U 77,112.1+2 1+8,680.23 65,1+56.81
92J+ 1U.30
31*3.789.70

3 0 ,3 3 2 .9 5 i+, 650.23 12. 369.21 21.2U.1+6 1+, 6 2 2 .7 0 19. 258.21 1 8 ,8 7 1 .5 1 1+,986.51
102, 256. 3U 1U ,259.I+I+

II+ 166.19 286.60
1, 886.69
8,1+82.21+
2l+,821.72

118, 286.25 I 2I+,976. 6
8 8 ,7 8 9 .8 2 1 0 1 ,8 0 2 .5 8
11+2,981.51
576, 836.77

NEGRO UNITS Ia Albany S ta te C ollege
F t. V a lle y S ta te C ollege ^4 S avannah S t a t e C o lle g e
TOTAL NEGRO

$ 16,1+37 *1+5
18, 012.26
1 6 ,7 7 1 .5 0
$ 51, 221.21

65,605.1+3 1 0 2 .6 0 7 .3 9 1 0 0 .3 5 7 .3 9 2 6 8 ,5 7 0 .2 1

8, 669.02
1 5 ,1 5 8 .1 2 7 3 ,6 9 5 .9 6
9 7 ,5 2 3 .1 0

3. 500.01 1, 865. 31* 5, 365.35

6,l*3l*.97
11, 085.97 17, 520. 9!*

9 0 ,7 1 1 .9 0 11+5,712.75 2 0 3 ,7 7 6 .1 6
1+1+0,200.81

.62 I GRAND TOTAL

71*2,859.1*2 2, 19+, 610.02 1,1+ 86,768,27 92,11+8.31 3 0 8 ,6 1 9 .5 0 *+, 8 2 5 ,0 0 5 .5 2

4

-23-

UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF OTHER NON-EDUCATIONAL INCOME
FOR YEAR ENDED JUNE 3 0 , 1950

SENIOR UNITS U n iv e rsity of G eorgia Ga. I n s titu te o f Technology
Ga. S t a t e C o lle g e f o r Women

G i f t s 9c

S tate

Endowment G ran ts A llo tm e n t

* 500.00 10,766.63 i,557.oo 35, 185.39 4,765.70 1,000.00

O ther T o tal
11,266.63 36.7u2.59 5.765.70

NEGRO UNITS F o rt V alley S ta te C ollege

2, 800.00

2, 800.00

GENffiAL ACTIVITIES G raduate E ducation fo r Negroes R egional C ouncil on E ducation
TOTALS

61+, 500.00

614,500.00

29,000.00

25.35 29,025.35

| 6, 822.70 78, 752.02 61+, 500.00 25.35 150,100.07

STATEMENT OF OTHER NON-EDUCATIONAL EXPENDITURES FOR YEAR ENDED JUNE 3 0 , 1950
Fellow ships S cholarship s

O ther

n T o t a l < A'4

SENIOR UNITS U n iv e rsity o f G eorgia Ga. I n s t i t u te o f Technology Ga. S t a t e C o lle g e f o r Women
NEGRO UNITS F o rt V alley S ta te C ollege

$ 1,000.00 8, 882.28 17. 735-iU 18,762.61+ 3,069.00
2,023.00 800.00

600.00 665.82

A) m

10, 1+82.28 ^

i ij*

37,161.60

3,069.00



2,823.00 p 1

GENERAL ACTIVITIES G raduate E ducation fo r Negroes
R eg io n al C o u n cil on E d u ca tio n

61, 728.17

'.
61, 728.17

t'
f

* ft
5+

1+8,250.00 1+8,250.00

TOTALS

$20,756.iU 93.2U2.09 U9. 515.82 l 63, 5lU.05 IV

-V kV

- 24-

(y
m
70 4 I
00

UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF UNEXPBJDED PLANT FUND INCOME
FOR YEAR ENDED JUNE 3 0 , 1950

SENIOR UNITS U n iv e rsity o f G eorgia Ga. I n s titu te o f Technology N orth G eorgia C ollege Ga* S t a t e C o l. f o r Women

S tate A llotm ent

G ifts and
G rant s

Govern m ental O ther Than S tate

Sale of P lant
A ssets

O ther

T otal

4 5 .0 0 0 .

00

229,1+30.67

9 ,5 0 0 .0 0

15. 000.

00

5 0 ,0 0 0 .0 0

1 6 ,8 1 8 .6 5

6 1 ,8 1 8 .6 5

3,5 0 0 .0 0 281.25 283,211.92

9 ,500.00
15, 000.00

00

JUNIOR UNITS

35

Ga. S outhw estern C ollege

1 6 ,5 0 0 .0 0

07

South G eorgia C ollege

1 1 ,9 0 0 .0 0

Abraham Baldw in A g ric . C o lle g e 1+,000.00

16, 500.00 11, 900.00
4 ,0 0 0 .0 0

EXPERIMENT STATIONS G eorgia E xperim ait S ta tio n Ga. C o astal P la in Exp. S ta .

53,000.00

5,000.00

5,000.00 53,000.00

TOTAL

$154,900.00 229,1430.67 50,000.00 25,318.65 281.25 459,930.57

05 ,4

-2 5 -

UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF UNEXPENDED PLANT FUND EXPENDITURES

Plant Additions

Buildings & Improvements

Land

Additions Other Than

_______ To Buildings Buildings Equipment

Indebtedness Retired

Interest On Indebt-
edness

Other Expenditures

T otal

SENIOR UNITS U n iv e rsity o f G eorgia A tlanta D ivision
Ga. I n s t , o f Technology N orth G eorgia C ollege Ga. S t a t e C o l. f o r Women Ga. T eachers C ollege V aldosta S ta te C ollege

ft 598.40
2 6 ,4 7 9 .7 9 2 ,0 0 0 .0 0 2 ,5 0 0 .0 0

8 5 2 ,5 1 1 .9 5 2 ,1 4 1 .7 6
3 9 9 ,9 0 0 .4 1 3 1 ,3 8 1 .7 3 6 2 ,9 7 7 .4 3 3 ,0 4 2 .0 0 4 ,7 6 9 .7 0

4 5 ,8 1 9 .5 1
3 7 ,5 5 3 .8 8 638.20
2 ,8 0 3 .7 6

2 9 ,2 4 8 .2 3 1 3 ,1 1 5 .0 0

66,250.71 313,664.19

3 ,0 9 4 .6 7

851.91

9,546.28 3,530.53

1 3 ,2 8 8 .4 1
79,877.29 47,771.41 1 ,1 3 7 .8 4 3,875.00 14,769.27

9 4 0 ,8 6 8 .1 0 1 5 ,8 5 5 .1 6
7 7 1 ,4 9 7 .6 8
3 9 ,1 0 4 .3 5 9 7 ,1 9 8 .5 1
5 ,8 4 5 .7 6 4 ,7 6 9 .7 0

MEDICAL M edical C ollege o f Ga.

JUNIOR UNITS

Ga. Southw estern C ollege

West G eorgia C ollege

i

M iddle G eorgia C ollege

o>

South G eorgia C ollege

Abraham B ald . A g ric . C o l.

3 ,5 6 8 .5 8
1 4 ,5 7 5 .3 4 3 ,5 6 4 .4 3 7 ,6 3 3 .7 0 6 ,5 1 2 .3 4

4 ,1 5 1 .2 1

1 ,0 7 7 .5 1

3,071.27 10,631.88

673.60

7 1 4 .6 4

7 ,7 1 9 .7 9 1 5 .6 5 2 .8 5
3 ,5 6 4 .4 3 2 1 .3 3 6 .8 5
7 ,9 0 0 .5 8

NEGRO UNITS F o rt V alley S ta te C ollege
Savannah S ta te C ollege

4,986.16 4,323.28 5,417.59 3,315.96

1 ,0 8 7 .7 0 1 ,1 5 2 .6 0

961.55 21,358.26 864.40

3 2 ,7 1 6 .9 5 1 0 ,7 5 0 .5 5

EXPERIMENT STATIONS G eorgia Experim ent S ta tio n
Ga. C oastal P la in Exp. S ta,

3 ,5 0 0 .0 0 2 3 ,4 8 4 .4 8

3 ,5 0 0 .0 0 2 3 ,4 8 4 .4 8

TOTAL

ft3 1 5 7 8 .1 9 1 .4 2 9 .9 6 7 .6 0 1 0 2 .3 5 0 .6 7 1 0 4 .4 3 0 ,6 9 U 9 . 5 3 5 . l 6 1 0 0 ,0 0 4 .4 9 8 3 ,8 9 8 .9 4 2 ,0 0 1 ,7 6 5 ,7 4

-4 \

-i:

? j | **



A

%

?h>

m

m

A

Jt f ; i

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^

qt



M I 3 l

R E G E N T S A L L O T M E N T A C C O U N T St GENERAL A C T I V I T I E S FINANCIAL REPORT FOR THE YEAR ENDING JUNE 3 0 , 1950
-27

+V

REGENTS ALLOTMENT ACCOUNT

BALANCE SHEET

June 30* 1950

ASSETS

GENERAL Cash in Bank Due from Savannah S ta t e C o lle g e Due fro m U n i v e r s i t y S ystem B u i ld i n g A u t h o r i t y

TOTAL ASSETS

LIABILITIES
GENERAL A ppropriated fo r B uilding R entals U nappropriated Surplus
TOTAL LIABILITIES AND SURPLUS

. 5 2 8 ,3 5 3 .1 9
38 000.00 15. 000.00 581, 353.19
t l*70,Ci*0.00
1 1 1 ,3 1 3 .1 9 * 581,353-19

STATEMENT OF RECEIPTS AND DISBURSEMENTS For Year Ended June 30. 1950

A. RECEIPTS S ta te of G eorgia R egular A p propriation S pecial A ppropriation S p e o ia l A p p ro p ria tio n - Animal D isease Lab. I n te r e s t on C o n s titu tio n a l Debt TOTAL APPROPRIATION FROM STATE OF GEORGIA

5*170,000.00
1 ,0 0 0 ,0 0 0 .0 0 50, 000.00 8, 000.00

$ 6,228,000.00

-vii

Refunds on A llotm ents fo r P revious Y ears: U n iv e rs ity System Survey C o n stru ctio n D epartm ent R egional C ouncil on E ducation TOTAL REFUNDS

12, 1+00.00 1+.55U.17
29, 000.00
$

1+5.931+.17

T ra n sfe rs from U n its o f U n iv e rs ity System Revenue C o lle ctio n s TOTAL RECEIPTS

B. DISBURSEMENTS

To U n i t s f o r E d u c a t io n a l & G e n e ra l O p e r a tio n s

Revenue C o lle c tio n s

$10,31+1.588. 2l+

Regents A llotm ent

' 5,+96,1+18.00 $ 1 5 ,8 3 8 ,0 0 6 .2 1 +

To U n i t s f o r P l a n t A d d i t i o n s

------ ------ --

15l+,900.00

To U n its f o r O th e r N o n -E d u c a tio n a l A c t i v i t i e s

61+,5 0 0 .0 0

To U n i v e r s i t y o f G e o rg ia Endowment Fund

8 ,0 0 0 .0 0

Advance to Savannah S ta te C ollege

3 8 ,0 0 0 .0 0

Advance to U n iv e rs ity System B u ild in g A u th o rity

1 5 ,0 0 0 .0 0

v9 i

TOTAL DISBURSEMENTS

-------------------------

Excess o f R eceipts over D isbursem ents

Cash B a la n c e , J u l y 1, I 9I+9

Cash B alance, June 30, 1950

$ 10, 3U l, 588. 21+
$16,615,522.1+1
$ 16, 118, 1+0 6 . 21+
$ 1*97,116.17
3I . 237.O2
$ 528,353.19

-2 9 -

GENERAL ACTIVITIES BALANCE SHEET June 30# 1950

GENERAL Cash in Bank

ASSETS

TOTAL ASSETS
GENERAL S urplust C entral O ffice S o il C onservation G raduate Education R egional C ouncil
TOTAL LIABILITIES & SURPLUS

LIABILITIES

STATEMENT OF CURRENT INCOME F or Y ear Ended Ju n e 30# 1950
A. EDUCATIONAL AND GENERAL G overnm ental - S ta te of G eorgia R egents C en tral O ffice S o il C o n serv atio n Committee Job E v alu atio n Survey TOTAL GOVERNMENTAL

G ifts and G rants Regents C en tral O ffice

O ther Souroes I n te r e s t on Temporary Investm ents U n iv e rs ity System Survey
TOTAL EDUCATIONAL A GENERAL INCOME

N on-Incom e T ra n sfe r from U n iv e rs ity o f G eorgia Job E v alu atio n Survey T ra n sfe r from Ga. I n s t i t u te of Technology Job E valuation Survey
TOTAL EDUCATIONAL A GENERAL RECEIPTS

B. OTHER NON-EDUCATIONAL G overnm ental - S ta te o f G eorgia G raduate E ducation fo r Negroes

G ifts and G rants R egional C ouncil on E ducation

O ther Sources I n t e r e s t on Tem porary In v estm en ts R egional C ouncil on E ducation
TOTAL OTHER NON-EDUCATIONAL INCOME

TOTAL CURRENT INCOME TOTAL NON-INCOME RECEIPTS
TOTAL CURRENT RECEIPTS -30-

i48.519.9u U8.519.9u

y >A%
;I yl
|g a --Ajii.

16,371.65 9,129.88 22,21+3.06
775.35

ue.519.9U U8.519.9U ------------ --

!H
v m *9

82,009.71

25,000.00

2,990.29 m o , 000.00

>9

$ 3,000.00
I
127.90 n3.127.90 1V

500.00

.1H

500.00

y.

U U .12 7 .90

>

61+, 500.00

AI

/I

# 29,000.00

r*fll

9

25.35

93.525.35 r I

1"



206,653.25

1,000.00

*207,653.25

-H _rtll

-#ll

| ,Jk jM | fc.
\ ki

GENERAL ACTIVITIES STATEMENT OP CURRENT EXPENDITURES
For Year Ended June 30, 1950

A. EDUCATIONAL & GENERAL ADMINISTRATIVE & GENERAL Regents C en tral O ffice Job E v alu atio n Survey U n iv e rs ity System Survey
TOTAL ADM. & GENERAL

T otal

O bjeot C la s s ific a tio n

O perating

P ersonal S upplies &

S ervices

Expense Equipment

* 82,015.35 3,990.29
1*2,727.90 *128,733.51+

| 61+.979.29 3,598.60
35.571.30
*lolt,ll*9.19

16,869.56 391.69
7,156.60 I 2U,1*17.85

166.50 166.50

EXTENSION

yk

S o il C onservation

15,870.12 10,1*11.26 1*,980.86 1*78.00

TOTAL EDUC. GENERAL EXPENDITURES 11^,603.66 in*, 560.1*5 * 29.398.71 61*1*.50

?f I

NON-EXPENSE

*S

T ran sfer to A llotm ent Acoount

U n iv e r s ity System Survey*

$ 12,1*00.00

C o n stru ctio n D epartm ent

I*,53l*-17

TOTAL EDUC. & GENERAL DISBURSEMENTS *161,537.83
iA

B. OTHER NON-EDUCATIONAL

J* 'H

G raduate E ducation fo r Negroes

| 61,728.17

hm

R egional C ouncil on E ducation

1*8,250.00

61,728.17 1*8,250.00

TOTAL OTHER NON-EDUCATIONAL EXPEND. 109,978.17

*109,978.17

f
?o y S vi 4

NON-EXPENSE T ran sfer to A llotm ent Account R egional Council on E ducation
TOTAL OTHER NON-EDUCATIONAL DISB.

29,000.00 158,978.17

Hit' W-

TOTAL CURRENT EXPENDITURES

*251+, 581.83 ill*, 560.1*5 *139.376.88 61*1*.50

--f

TOTAL NON-EXPENSE

h9

TOTAL CURRENT DISBURSEMENTS

l*5.93l*.l7 300,516.00

-31-

GENERAL ACTIVITIES STATEMENT OP CHANGES IN CASH BALANCES
Y ear Ended Ju n e 30 1950

Regents Central Office Soil Conservation Committee Graduate Education Job Evaluation SurveyUniversity System Survey Regional Council on Education Construction Department
TOTAL

Balance
July 1, I9I49 Receipts

Disburse- Balance
ments June 30 , 1950

13,377.29
19.ltfl.23 55,000.00 l+9,ooo.oo U.53U.17

$ 85,009.71 25,000.00 6+,500.00 3 ,9 9 0 .2 9 27.90 29, 0 2 5 .3 5

* 82,015.35 15, 870.12 61,728.17 3,990.29 55, 127.90 77,250.00
u ,53^.17

16,371.65 9,129.88 22,21+3.06
775.35

$11+1, 382.69 207,653.25 $300,516.00 U8.519.9U

-32-

i1

AH fiK ^ ` A
1A AM A
V '4
^*
Al | ^ #1

T H E U N I V E R S I T Y OF G E O R G I A FINANCIAL REPORT
For th e Year Ending June 30# 1950
The U n iv e rs ity o f G eorgia A thens9 G eorgia
-33-

THE UNIVERSITY OF GEORGIA Athens, Georgia

President Jonathan C* Rogers The University of Georgia Athens, Geo rgia

Dear President Rogers* I am submitting herewith my annual report as Comptroller and Treasurer

of t h e U n i v e r s i t y o f G e o rg ia , f o r t h e f i s c a l y e a r e n d in g Ju n e 30 ^950# w h ic h co n

sists of the following schedules* Balance Sheet ........... Summary of Current Income Statement of Educational and General Income Statement of Auxiliary Enterprise Income Statement of General Extension Income . Statement of Other Non-Educational Income Summary of Current Expenditures . . Statennt of Educational and General Expenditures Statement of Auxiliary Enterprise Expenditures . Statement of General Extension Expenditures . Statement of Other Non-Educational Expenditures Statement of Operations of Restricted Funds . Statement of Trust Fond Balances . Statement of Trust Rind Balances by Rinds Summary of Trust Fund Investments Detail of Endowment - Governmental Bonds Detail of Endowment - Stock Common Detail of Loan Fund - Governmental Bonds . Detail of Loan Fund - Stock Common ...........

S chedule "A" S c h e d u le "B" S c h e d u le "Btt-1 -A Schedule "B *-l-C Schedule nB "-l-B Schedule *B"-1-D Sohedule "C" S c h e d u le WC "-1 -A S o h ed u le "Cn-1 -C S c h e d u le *CW-1 -B S ohedule "Cn-1-D S oh ed u le "D" Schedule "E" S c h e d u le wEtt- l Schedule " "-2 -1 S c h e d u le "Ew- 2 - 2 S c h e d u le mEh- 2 - 3 Schedule "En-2-U S c h e d u le En-2-l+

-34-

P re sid e n t Jonathan C. Rogers

S ta te m e n t o f R e c e i p ts and D is b u rs e m e n ts T r u s t Funds S c h e d u le nEw- 2 - 5

S tatem en t o f Changes in Cash B alances S chedule *F"

S tatem en t of Agency Funds

S o h e d u le " Gn

S ta te m e n t o f U nexpended P l a n t Rands ............................. S c h e d u le ttHn

S ta te m e n t o f In v e s tm e n t i n P l a n t . .............................. S c h e d u le "H**-!

R esp ectfu lly subm itted,

D ated At A thens, G eorgia Septem ber 1 , 1950

J D* B o lto n C om ptroller



-35-

COMMENTS
SCOPE T h is r e p o r t i s made on a cash r e c e i p t and d isb u rse m e n t b a s i s , w ith th e e x c e p tio n o f
th e B alan ce S h e e t, 'which r e f l e o t s a l l known a s s e t s and l i a b i l i t i e s , in c lu d in g b o th a c c o u n ts re c e iv a b le and accounts p ay ab le.
T his re p o rt covers only th e U n iv e rsity of G eorgia p ro p e r, a t A thens, G eorgia and does n o t in o lu d e^th e A tla n ta D iv isio n , A g ric u ltu ra l E xten sio n S erv ice and th e Experim ent S ta tio n s In d iv id u a l6 re p o rts ^ w ill b e s u b m iU e ! by fe e , ag en cies inasm uch as t h e i r acco u n tin g reco rd s are e n tire ly separate.
EDUCATIONAL AND GENERAL

INCOME

The fo llo w in g t a b l e r e f l e o t s co m p arativ e income and p e rc e n ta g e s o f inoome to th e t o t a l

fo r a th ree year p erio d .

Source
S tudent Fees Endowment F ed eral S tate S ta te D epartm ent H ealth O ther S ta te s V ocational U. S. Navy R esearch C larke County O ther C ounties G ifts and G rants R en ts O ther V et. Guidance

191+7-1*8 Amount Per c e n t

2, 513,527
21,220
86, 1+35
75U,U90

66.75
.61
2.1+9 21.77

120,802 8,2L+8
25,812
85.297 2 ,2 7 5 1+.121+
1+3.528

3.1*9 .21+
7U
2.1+6
.07
.12
1.26

19U8-U9 Amount P e rc e n t

1.981*, 231 16, 1+00
82,61+1 1 ,0 7 7 .0 0 0
l,li+ 2

56. 6O
.1+7
2.36
3 0 .7 2 .03

131.093
11+.987 2 9 ,0 9 5

3. 71+
A3 .83

9 U .3 5 5 1,1*51
38,533
3U.768

2.69
.oU
1.10
.99

19+9-50 Amount P e rc e n t

1.61*3,565 17,700 88,01+2
1, 306,799 3,368 2,250
11*7 .1 7 1 7 , 91*1*
28,782 l+,620
' 1*8,619 2,23l*
22,1+26
32,377

1*8.97
.53 2 .6 2
3 8 .9l+ .10
.07
u .38
.21+
.8 6
.11+
1 . 1*5
.07
.67 .96

TOTALS

$ 5,1+65,558 100.00 15 505*696 100.00 $3*355 997 100QQ

EXPENSES The fo llo w in g ta b le p re s e n ts a com parison o f E x p e n d itu re s f o r E d u c a tio n a l and G en eral
purposes fo r four y ears.

Function

191+6-1+7

A dm inistration G eneral
P lan t O perations L ibrary In s tru c tio n (N et)
Research (N et) S ervices R elated to W4-ar>einn ( ^
S u b -T o tal
uuuiay

In stru ctio n

$ 91+.886

124,1+1+1 l20l+733

(N et)

o il +1,243
155,311+

2,121+, 385
229,527

TOTALS

2. 353.912
-36-

191+7- 1*8
11*5,329
114+.377
318,027
180,395 1 ,6 7 5 ,6 2 6
162,679 5.901
21*1,857 2 , 871*. 191
988,373
$3,862,561+

191+8-1+9
161,989 ll+ l,6l8 367,01+5 191,255
1 ,8 2 9 ,0 1 0 237,969 13.972 271+.351*
3 ,2 1 7 ,2 1 2 799.950
tli.0 1 7 ,1 6 2

I 9U9-50
$ 135,688 165, 1+28 310,122 186,061
1 ,8 5 2 ,6 3 1
232,900
5U.51U
233*^+76
3 ,1 7 0 ,8 2 0 117.799
3 .2 8 8 ,6 1 9

The following table centages to the total.

is a

com parison

of

th e

proceeding

e x p e n d itu re s ,

expressed

in

per--

F u n ctio n
Administration General Plant Operations Library Instruction Research Services Related to Instruction (Net) Extension Outlay
TOTALS

P ero e n t 1946-47
4 . 53 4 .0 3 12.97 5.29
51.18
3 .9 0 1 .7 5 6 .6 o 9 .7 5
100.00

P erc en t 1947-48
3 .7 6
3. 7I+ 8.23
4 .6 7 1*3.38
4 .2 1
.16 6.26
2 5 .5 9
100.00

P ercen t 1948-49
4 .0 3 3 .5 3 9 .1 4 1+.76
I+5.53
5 .9 2 35
6.83 19.91
100.00

The fo llo w in g ta b le is a stu d y o f In s tru c tio n a l Cost by S chools and C olW *

P erc en t 191+9-50
1+.13
5.O3
9.1+3
5.66
5 6 .3 3 7 .0 8
1.66 7.10
3 .5 8
100.00
m ese

School or C ollege
1. A griculture 2 . A rts and S cience 3 B u s in e s s A d m i n i s tr a t io n 1*. E d u c a tio n 5* F o r e s t r y 6 . Graduate 7* Home Econom ics 8. Journalism 9* Law 10. M ilitary 11. Pharmacy 12. V e te rin ary M edicine (N et)
TOTALS

191+6-2+7
188,107 53*+. 635
65.21*1 171,818
23. 6i*2 26,177
51,109
20,502
26,577
1*,268
15,315
2l*,96o
$ 1 ,1 5 2 ,3 3 1

1947-48
$ 222,309
706,150
112,467 214,292
32,759 38,547 86,483 2 7 ,5 8 0 5 1 ,1 0 6 4 ,6 8 3 3 2 ,9 7 8 9 2 ,0 2 3
$ 1 ,6 2 1 ,3 7 7

191*8- 1*9
237,890 707,059 135,293
236,773 33,1*25 1*1*, 9 2 0 86,1*81 29,751 58,228 1*,710 1*0,333
120, 1*22
$ 1 ,7 3 5 .2 8 5

1949-50
$ 248,966
666,765
125.867 235,804
37.187 4 7 ,6 9 7 82,768 28,820
61,170
4 ,5 2 7 4 5 ,8 7 0 149,305
l,73i*,7l*6

t a b l ftTheTTU^ ber o r C o*l,le gHeoufi ns w h ich

hours

by each School or

111
th e

Ms t ui dl iet anrty

i sS cmieanjcoer i nangd.

th e

G rad u ate

C ollege is S*ocnhooooxl aa rr ee

shown sshnoowwnn

in uu nn

th e dd ee rr

t

f h

o e

l

lo S

w ing chool

School o f C ollege

1. A griculture

3

2. A rts and S cience

3 1

3 B u s in e s s A d m i n i s tr a t io n

l*. E d u c a tio n

L

5 F o r e s t r y

1

6. Home E conom ics

d

7* J o u r n a lis m

8. Law

9 Pharmacy

10. V e te rin ary M edicine

TOTALS

I 9I+6-47
23,710 166,1442 36,416 15,372 3,793 5*306 , 10,737 11,295 3 .2 8 2 1,614
277,967
-37-

Q u a rter Hours Taught

1947-48

191*8- 1*9

$ 29,190 153,461
4 8 ,5 5 3 17,688 7 ,3 9 0
6,291 10,382
14,931 5 ,9 3 8 3 ,6 9 9
297,523

$ 30,485 143,388 51,757
28,007
7 ,7 1 0 5,8144 10,709 11,560 7 ,0 7 7
8,222
$304,759

1949-50
$ 26,750 133,597 38,217
32,261
6 ,1 8 8
6,072
7 ,5 4 2 9 ,9 7 0
6,302 11,111
$278,010

The fo llo w in g t a b l e i s a com parison o f c o s t p er s tu d e n t q u a r te r h o u r by S cho o ls and C olleges fo r a fo u r y ear period*

School or C ollege
1 A g r i c u l t u r e 2 . A rts and Soienoes 3* B u s in e s s A d m in is tr a tio n 4* E ducation 5* F o r e s t r y 6 . Home E conom ics 7 Journalism 8* Law 9* Pharmacy 10* V e te r in a r y M edicine
T o tal Average

Cost P er S tudent Q uarter Hour

19U6-U7

191*74*8

191+8-1+9

7.93
3*21
1*79 1 1 .1 8
6 .2 3
9.63
1 .9 1 2*35 k .6 7
15. 1*6

* 47-.6602 2.32
1 2 .1 2
1+.1+3 1 3 .7 5
2 .6 6 3.1*2
5.55 24.88

# 7.80 4*93
2 .6 l
84*5 4*34 14.80
2 .7 8
5. 01*
5 .7 0
i4.65

1+.15

5.1*5

5.69

191*9-50
* 9.31
4 .9 9 3 .2 9 7 .3 1 6 .0 1 13.61* 3 .8 2 6 . li+ 7 .2 8 13.1*1*
* 6.21*

AUXILIARY ENTERPRISES

INCOME AND EXPENSES

S'

D e ta ils of income from A u x ilia ry E n te rp ris e s in amount o f # 1 ,3 4 3 ,7 0 2 .7 5 w e shown in S chedule B -l-C . The D e ta ils o f E xpenses am ounting to #1,113*827*92 a r e shown i n S chedule
C -l-C . K
The B a la n c e S h e e t S c h e d u le "A* r e f l e c t s r e s e r v e f o r R e p a ir s and R e p la c e m e n ts o f #211,385*1+5, a f t e r s e t t i n g up a re s e rv e fo r In v e n to r ie s *
p
GENERAL,,EXT..E.N.SIO...N.I.AND CORRE'-S-PO1NDENC--E

INCOME AND EXPENSES

The fo llo w in g summary i s a com parison o f t h e O p e ra tio n s o f G e n e ra l E x te n s io n f o r th e p a s t th re e years* P rio r to 1947-48 th is se rv ic e was o p erated as a se p a ra te u n it o f th e Univ e r s i t y System o f G eorgia*

Income

191+7-1*8 Amount Percent

1948-49 Amount Percent

191*9-50
Amount Percent

Student Fees State Allotment Other

113.21*9 3 1 .9 2 5

78.01 21.99

# 235*660 40,000 568

85.31
i4.4 8
.21

213.096 53.700

7 9 .8 7
20.13

TOTAL

ll*5.17l* 100.00 #276,228 100.00 266.796 100.00

Expenses Administrative & General P la n t Operations Instruction Servioes Related to Instruction Extension
TOTAL

36.665
3.233 1*1,895
16,518
61*. 367

22.54 1.99
25.75 10.15
39.57

#162,678 100.00

23,186 1,196
99.1*1*7 23,811* 73.1*52
2 2 1 ,0 9 5

10.49
.54
44.98 10.77 33.22
100.00

# 23,926 1,196
112,317 29,709 82,851

9.57 .4 8
44*93 11.88
3 3 .1 4

#249,999 100.00

-38-

D u rin g t h e c u r r e n t y e a r , we h a d t o re f u n d t o t h e V e te r a n s A d m i n i s tr a t io n $5,31+0.15 f e e s
c o l l e c t e d d u r i n g I 9I+8-I+9, and i t i s e n t i r e l y p o s s i b l e t h a t o t h e r r e f u n d s w i l l b e r e q u e s t e d .
T his i s due t o a r u lin g by th e V e te ran s A d m in istra tio n changing th e p o lic y in b i l l i n g them f o r G. I . S t u d e n t s . O r i g i n a l l y we b i l l e d on t h e b a s i s o f N o n -R e sid e n t S t u d e n t s . A t p r e s e n t , we M i l on a c o s t b a s i s in a c c o rd a n c e w ith a fo rm u la p re p a re d and a d o p te d b y t h e V e te ra n s A dm inistration.
m TRUST FUNDS

The U n iv e rs ith h o ld s funds in t r u s t as fo llo w s : 4

fi

Corpus -

Endowment Funds

4 '1 > -i^-|
II 4*

Loan Funds T o ta l T ru s t Fund Corpus
R eserves fo r Purposes of T rust -

Endowment Funds

I* '

Loan Funds

f

T o tal T rust Fund R eserves

%

T o ta l Corpus and R eserves

12,076,51+7.51 511,207.1+8

t g . 587. 75u .99

# 127, 855.73 g30. 607. 3u

358.U63.07 _ 2.9_U6,21_8.06

" w , r a r y . f uh6Se fu n d s i s shown in th e B alance S h eet S chedule "A ". S ta tem en t o f T ru s t B alan ces i s shown in S chedule " E \ and a sta te m e n t o f th e in d iv id u a l fu n d s show ing b a i l e e s

nEM-2-3^na nd " E " - 2-l+e E

Summari0s o f T ru st Fund in v e stm e n ts a r e shown in S c h e d u l e ^ E ^ - l 1

I

f ^ nam r t i z e d b a la n c e o f $1+61+,932.01 due t o T r u s t FUnds fro m t h e U n i v e r s i t y on

D u iia in g s . T h is b a la n c e i s b e in g a m o rtiz e d o v er a p e rio d o f 20 y e a r s a t 3%. T here i s a l s o

. h" T " TM l 29V alan09 5 P ' 1 *66 d"

various f r a te r n itie s , re p r e s e n tin g a L ^ th e ir

h o m es. T h ese lo a n s a r e b e in g a m o rtiz e d o v e r a p e r io d o f 20 y e a r s a t l+|$g.

t f

w hich

are

b e in g

th .f n o w in S lo an s from am ortized over a p erio d of

T20r uyset

a

Fund rs a

s t

to other 3%:

u n its

of

th e

U n iv ersity *

System , *

3

N orth G eorgia C o lle g e, D ahlonega, G eorgia

1

G eorgia S ta te C ollege, Savannah, G eorgia

37*076.09 2 7 ,6 6 1 .2 8

T otal

t 6U.737.37



A sta te m e n t o f r e c e ip ts and d isb u rsem en ts o f T ru st Funds i s shown in S chedule " E " -2 -5 .

I

AGENCY FUNDS

M I t o t h T l r i o i r 8^ h ? l d s A gency fu n d s a m o u n tin g t o l i 96. 65U .O l. M ost o f t h e s e fu n d s b e lo n g

I

e v a rio u s stu d e n t a c t i v i t i e s , and th ey a re lis te d in d e ta il in S chedule "G".

5

f

PLANT FUNDS

m " t h e B u ild w e V t a em ent h! y a l r 0 f L" d * " W W * E q uipm ent and Im provem en ts o t h e r
I * i n S o h e d u l ^ H " 1 S 0TO S h e d u le H ~ 1 ' A s t a t e m e n t o f u n ex p en d ed p l a n t fu n d s i s show n'

I, l w l l l

" r T ^ ^ d i n t Ur aooounts a se c tio n fo r P la n t Funds, and th e s e aooounts



la q

n d in s am ounted

h to

i

d i

l8l

e ?

7\ n^

tL )f

r

?

h

r

"

expended

P lant

Funds

on

t t w il1
hand a t

be noted on th e B alance th e close of the fis c a l

Sheet year

I ' ft *l6 o.o

3 1 8 .2 7 0 .U l. A ll o f th e s e funds re p re s e n t work in p ro g re ss w ith th e e x c ep tio n o f

* $ 1 6 ,8 1 8 .6 5 w h ich was t h e p r o f i t fro m th e s a l e o f t h e C raw fo rd W. Long o u s e .

-39-

BALANCE SHEET June 30* 1950

Schedule A

ASSETS

I , CURRENT FUNDS

f1*

A . GENERAL

Cash on Hand and in Bank (S ch . F )

* I I 8.O3I.O 7

Accounts R eceivable

20i . 696.73

TOTAL GENERAL FUNDS

* 319. 727.8 0

B. RESTRICTED Cash in Bank (S chedule F) Accounts R eceivable TOTAL RESTRICTED FUNDS

I

93.J1*

1*6,172.07

----------------------- t

U6. 265.l4l

m *

C. AUXILIARY

Cash in Banks (S chedule F)

* 197,1*61.71*

In v e n to rie s Accounts R eceivable

3 0 ,0 0 1 .0 7
2I+,01*7.26

>

TOTAL AUXILIARY FUNDS

----------------------- t 2 5 1 ,5 1 0 .0 7

D. GENERAL EXTENSION Cash in Banks (S chedule F) Accounts R eceivable TOTAL GENERAL EXTENSION

$ 1*8,362.18 1+.265.11 #

72,62729

TOTAL CURRENT FUNDS

* 690,130.57

I I . AGENCY FUNDS Cash in Bank (S chedule F )

196, 65U.01

III.

ENDOWMENT FUNDS Investm ents: U. S. S e c u ritie s (Schedule E -2-2) O ther Bonds (S chedule E -2 -2 ) P r e f e r r e d & Common S to c k (S c h e d u le R e a l E s t a t e Owned Loans to F r a te r n itie s U n iv ersity o f G eorgia B uildings

E -2 -3 )

TOTAL ENDOWMENT FUNDS

I 1,560,355.00

160, 000.00

125,266.20

37, 1*65.68

25, 250.00

296, 066.36

*

$ 2 , 20U,1*03. 21+ ,

IV . STUDENT LOAN FUNDS & MISC. FUNDS Cash in Bank (S ch ed u le F)

% l 3l+,32l+.90

U. S . S e c u r itie s (S ch ed u le E-2-1+)

I 176,625.00

N otes R eceivable - S tudents

1 0 5 ,5 2 0 .5 8

<

Common S to c k s (S c h e d u le E-2-1*)

1.00

Loans to F ra te r n itie s

61+,6!+1.66

Savings Account

5 ,1 0 8 .7 5

R e a l E s t a t e Owned U n iv ersity o f G eorgia B uildings N orth G eorgia C o lleg e - B u ild in g Loan

13. 920.99 168, 865.65 37, 076.09

G eorgia S ta te C o lleg e - B u ild in g Loan

27,661.28

599,1421.00

Due from Endowment Funds

8, 068.92

1

TOTAL STUDENT LOAN & MISC. FUNDS

71*1,811*. 82

k

40-

ASSETS (Continued)
V. PLANT FUNDS A. UNEXPENDED Cash in Bank (Schedule F)
B. EXPENDED Land (Schedule H) Improvements Other than Buildings (Schedule H) Buildings (Schedule H-l) Equipment (Schedule H-l) TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL ASSETS

Schedule A

* 318,270.1+1

# 260, 925.00

1*50, 291.36 8, 893. 630.86
2.587,61*3.52

12,172,1*90.71*

12,1*90,761.15 # 1 6 ,3 2 3 ,7 6 3 .7 9

-41-

BALANCE SHEET June 30, 1950
LIABILITIES

I . CURRENT FUNDS A. GENERAL Purchase Orders O utstanding
U nearned Inoome Reserve fo r Insurance
S u rp lu s TOTAL GENERAL FUNDS

19,828*56 70,080*56
3 ,3 2 3 .3 0
226, 495*38


3 1 9 .7 2 7 .80

Schedule A W
S
) 1 *
rip

B. RESTRICTED (S c h e d u le D) Fund B alances

+6, 265*141

C . AUXILIARY Purchase O rders O utstanding
Reserve fo r In v en to ries
S u rp lu s TOTAL AUXILIARY FUNDS

10,123.55 30, 001.07
2ll,385>U 5 *

2 5 1 ,5 1 0 .0 7

D. GENERAL EXTENSION S u rp lu s
TOTAL CURRENT FUNDS

I

7 2 ,6 2 7 .2 9

$ 690,130.57

I I * AGENCY FUNDS (S c h e d u le G) Find B alances

$ 196,65i+.01

I I I * ENDOWMENT FUNDS Due to O th er Funds Reserve fo r Purpose o f T rust Fund B alances
TOTAL ENDOWMENT FUNDS

8,068.92
1 2 7 ,8 5 5 .7 3 2,068,1+78.59

$ 2, 2Ql+,+03. 2L+

IV* STUDENT LOAN FUNDS & MISC. FUNDS R e s e rv e f o r P u rp o s e o f Tr u s t Fund B alances
TOTAL STUDENT LOAN FUNDS

# 230,607.31* 511,207.1*8

sS U

7l*l,8ll+.82

V . PLANT FUNDS A* UNEXPENDED Fund B alance

318,270J+1

B. EXPENDED Due t o O th e r Funds Invested in P lant TOTAL EXPENDED
TOTAL PLANT FUNDS
TOTAL LIABILITIES & SURPLUS

1+6L+,932.01
1 1 ,7 0 7 ,5 5 8 .7 3 12,172,1+90.71*
12,1+90,761.15
1 6 ,3 2 3 ,7 6 3 * 7 1

-4 2 -

SUMMARY OF CURRENT INCOME
F o r Y ear Ended Ju n e 3 0 , I 95O

Schedule B

G eneral

G eneral R estricted E xtension A u x iliary

T otal

EDUCATIONAL & GENERAL

1-Student Fees

$1,63U ,202.95 9 ,3 6 2 .5 0 213,095*81

1 ,8 5 6 ,6 6 1 .2 6

2-P ublio A ppropriation

W

( a ) S ta te (F or Operating) 1,306,799*00

5 3 ,7 0 0 .0 0

1, 360, 1499.00

(b ) O ther
3-Endowment
-G ifts & G rants 5-S ales & S ervices
6- O th e r S o u rc e s

282,177*29
7 ,7 5 0 .0 0 9, 950.00 i48. 6i 9. 3i4
1+06, 678.68 57, 037.26

2 8 2 ,1 7 7 .2 9
17, 700.00
148, 619.314 1+06, 678.68
>7, 037.26

I

TOTAL EDUC. dc GEN.

$3,1+12,1+67.89 3 5 0 ,1 0 9 .1 3 2 6 6 ,7 9 5 -8 1

14. 029, 372.83

B. AUXILIARY

1-

R esidence H alls

2-

D ining H alls

3 - Cow T e s t i n g

i+-Egg T e s tin g

5 -P rin tin g D epartm ent

3 2 8 ,1 5 9 .3 1
W42. i 427.17 19.770.90 6.339.37 5i4. 720. 2u

328,159.31 i4i42.i 427.17
19,770.90 6,339.37
5i4. 720. 2i4

' TOTAL AUXILIARY

C. OTHER NON-EDUCATIONAL

1-

Endowment

2-

G ifts & G rants

TOTAL OTHER NON-EDUC.

500.00
1 0 ,7 6 6 .6 3
1 1 ,2 6 6 .6 3

1,3143.702.75 1,5143.702.75
500.00 10, 766.63
1 1 ,2 6 6 .6 3

TOTAL CURRENT INCOME
NON-INCOME T ra n sfe rs from o th er funds
TOTAL CURRENT RECEIPTS

3,1412,1467.89 3 6 1 ,3 7 5 .7 6 2 6 6 ,7 9 5 .8 1 I . 3U3, 7 0 2 .7 5 5,3814.3142.21



882.22 9,530.17

10,1412.39

3 ,1 4 1 3 ,3 5 0 .1 1 3 7 0 ,9 0 5 .9 3 266, 795.81 1.314 3 ,7 0 2 .7 5 5. 39I4. 75U.60

A. EDUCATIONAL AND GENERAL

STUDENT FEES

N on-Resident T u itio n

1

M atriculation

P ractice School

N ursery Sohool

A tla n ta Area

Summer N o n -R e sid e n t

Summer M a t r i c u l a t i o n

Infirm ary

D iplom a

STATEMENT OF CURRENT INCOME For Year Ended June 30, 1950
G ner aT Income

Schedule B -l-A

R estricted" Income

T otal

-43-

5 2 3 ,6 6 9 .7 2
7 7 2 ,707. 2U
,7 7 9 .0 0
3 206.01
1 1 0 ,8 3 7 .6 8
151, 8 2 7 . 7U
U ,209.19 9 ,5 9 2 .0 0

9 ,3 6 2 .5 0

5 2 3 .6 6 9 .7 2
7 7 2 ,707. 2U
7 7 9 .0 0
3, 206.01
9 ,3 6 2 .5 0 1 1 0 ,8 3 7 .6 8
151,887.71* li,2 0 9 .1 9
9 ,5 9 2 .0 0

Schedule B-l-

STUDENT PEES (Continued) Health Miscellaneous
TOTAL STUDENT FEES

General Income

Restricted Income

Total

1 51.581.35 5 .7 9 3 .0 2
*X,63U,2 02.95

5 1 ,5 8 1 .3 5 5 ,7 9 3 .0 2
9, 362.50 1. 61*3. 565.1*5

PUBLIC APPROPRIATIONS

State of Georgia Regular Operations Vocational Funds Department of Health - Mental Health

1 .3 0 6 ,7 9 9 -0 0

1 ,3 0 6 ,7 9 9 .0 0

8l+, 6 6 1 .5 3
3. 367.76

84, 661.53 3. 367.76

Other States Virginia -- For Agric. Educ. Relations Louisiana - For Agric. Eduo. Relations North Carolina - For Agric. Eduo. Relatic s
Mississippi - For Agric. Educ. Relations

500.00 500.00 500.00 750.00

500.00 500.00 500.00
7 5 0 .0 0

United States Morrill-Nelson Fund Department of Health - For Malaria Navy Department - For Research
Vocational Department of Agric. - For Ag. Engr.

68, 990.00
7 ,3 1 0 .0 7 7,9l4U.OO
62, 509. 1*5
11,71*2.37

68, 990.00 7 , 310.07
7,9l*l*.00
62,509.1*5 11,71*2.37

Counties Clarke County - For Demonstration School Richmond County - For Surveys
TOTAL PUBLIC APPROPRIATIONS

2 8 ,7 8 2 .1 1

2 8 ,7 8 2 .1 1

1+, 6 2 0 .0 0

U ,620.00

$ 1 . 306, 799.00 $ 2 8 2 ,1 7 7 .2 9 1 ,5 8 8 ,9 7 6 .2 9

ENDOWMENT Franklin College Alumni Library Alumni Y.M.C.A. Horace B. Russell University of Georgia Foundation For Physics Professor For Theo Dalton B. A. * T. N. Denmark Landsorip Fhnd Mary J. Franklin George R. Gilmer William Terrell Fund
TOTAL ENDOWMENT

|

1 ,1 0 0 .0 0

5, 250.00

200.00
500.00

7 0 0 .0 0

$ 7 ,750.00

8 ,0 0 0 .0 0
250.00
2 0 0 .0 0 2 0 0 .0 0 1 ,0 0 0 .0 0
300.00
9 ,9 5 0 .0 0

8 ,0 0 0 .0 0
250.00
200.00 200.00
1 ,0 0 0 .0 0
300.00
1 ,1 0 0 .0 0
5, 250.00
200.00
500.00
7 0 0 .0 0
17*700.00

GIFTS AND GRANTS FROM PRIVATE SOURCES Chilean Nitrate Educ. - Bureau for Sodium American Potash Inst. - For Potash General Mills - For Nutrition Emory University - For Atlanta Area Tennessee Corp. - For Minor Elements T. V. A. - For Soil Survey Pacific Coast Borax Co. - For Boron American Cyanamid Co. - For Cyanamid Carnegie Foundation - For Research Tennessee Corp. - For Copper Mrs. J. Hambridge - For Art Museum Mr. Harry Hodgson - For Art Museum Texas Gulf Sulphur Company - For Sulphur
General Education Board - For Agric. Educ.

delations

6 ,0 0 0 .0 0 1 ,2 0 0 .0 0
2, 500.00 6, 300.00
1 ,0 0 0 .0 0
599.99
1, 500.00 600.00
3 ,3 5 3 .9 0
300.00 25.00 25.00
1 ,5 0 0 .0 0
IO J46O.56

6 ,0 0 0 .0 0 1 ,2 0 0 .0 0
2, 500.00 6, 300.00
1 ,0 0 0 .0 0
599.99
1 , 500.00
600.00
3 ,3 5 3 .9 0
300.00 25.00 25.00
1, 500.00
10,14.60.56

Schedule B -l-

G eneral

GIFTS & GRANTS (C o n tin u e d )

Income 11 ""

I n t e r n a t i o n a l M in e ra l & Chem. C o rp .

For H o rtic u ltu re R esearch

T. V. A. - For Meat S poilage

Tenn. C orp. R esearch Lab* - F o r P in e N u tritio n

Atomic E nergy Commission - For R esearch

Ga* P o u l t r y Im provem ent A ssoc* - F or V e t. M ed icin e

G eorgia H ereford A ssoc. - For L ivestock

G e o rg ia Womans C lub - F o r E d u c a tio n

M isc* flhom V a rio u s S o u rc e s - For A rc h a e o lo g y

T* V* A* - F or M eat R e s e a rc h

Dr* A* H* Bunco - F o r P harm acy T r a v e l

G eorgia S ta te F lo r is t - For H o rtic u ltu re T ravel

Anonymous - For H o r tic u ltu r e T ra v e l

C en tral Soya Co. - For D airy D epartm ent

TOTAL GIFTS & GRANTS



R estricted Income

T otal

2, 400.00

2 ,4 0 0 .0 0

869.72

869.72

1 ,0 0 0 .0 0

1 ,0 0 0 .0 0

3,000*00

3, 000.00

1, 500.00 1, 500.00

600.00

600.00

225.00

225.00

235.00

235.00

1 , 659.17

1. 659.17

100.00

100.00

150.00

150.00

16.00

16.00

1, 500.00

1, 500.00

f 4 8 ,6 1 9 .3 4 $ "4 8 ,6 1 9 .3 4

SALES 3b SERVICES D a iry Farm H o r tic u ltu r e Farm Meat C uring P la n t L iv e s to c k Farm F ield Experim ents L itera ry Q uarterly P o u ltry P lan ts Food P ro ce ssin g P la n t P ress V eterinary C linics C ream ery
TOTAL SALES 3c SERVICES

31,294.04 11,556.51 151.277.1*2
U.U8U.75 2,1*87.63
1,991.45 26,490.72 12,71+9.25 3l*,19U.53 25.6UU.78 104,507.60
406,678.68

31,294.04 11,556.51 I5I.277.I*2 U.U8U.75 2.U87.63 1,991 J*5
26,1*90.72 12.7U9.25 3U.19U.53 25.6UU.78 104,507.60
$ 406,678.68

OTHER SOURCES V eteran s Guidance A g ric u ltu ra l E xtension Service R ents from P ro p erty I n t e r e s t on Tem porary In v e stm e n ts T ran sfer from Savannah D iv isio n M iscellaneous
TOTAL OTHER SOURCES

3 2 ,3 7 7 .4 0
4,000.00 2,234.15 11,830.03 2, 680.67
1 57, 037.26

3 2 ,3 7 7 .4 0
4,ooo.oo 2,234.15 11,830.03 2,680.67
t 57,037.26

TOTAL EDUCATIONAL 3c GENERAL INCOME

,3 ,U l2 ,U 6 7 .8 9 350,109.13 3 ,762,577.02

NON-INCOME T r a n s f e r s fro m O th e r Funds - R e s t r i c t e d Fluidss

882.22

882.22

TOTAL EDUCATIONAL AND GENERAL RECEIPTS

$3, 413, 350.11 350. 109.13 3 .7 6 3 ,U59.2U

B. GENERAL EXTENSION STUDENT FEES C o rrespondence Columbus C e n te r G a in e sv ille C enter P a rt-T im e <fc S p e c i a l S e r v ic e A udio-V isual A tlan ta C enter Rome C e n te r

$ 54,881.74 3 7 .5 3 7 .9 U
10, 905.10
2 7 ,1 3 3 .2 7 9 ,7 3 5 .3 8
15. 935.92
2 3 ,0 5 7 .3 7

Schedule B -l-B
5 4 ,8 8 1 .7 4
36. 537. 9u
1 0 ,9 0 5 .1 0
27. I 33.27
9 ,7 3 5 .3 8
I 5. 935.92 23. 057.37

-4 5 -

STUDENT FEES (Continued) Savannah Center Wayoross Center TOTAL STUDENT FEES
PUBLIC APPROPRIATIONS State of Georgia - Regular Operations
TOTAL GENERAL EXTENSION INCOME
C. AUXILIARY ENTERPRISES DORMITORIES A* A* A* Barracks Brown Camp Wilkins Candler Hall Clarke Howell Coordinate Law Dormitory Lucy Cohb Mary Lyndon Milledge Hall Milledge Annex Private Trailers Rutherford Hall Small Dormitories Soule Veterans Housing Project TOTAL DORMITORIES
DINING HALLS Cafeteria Coordinate Denmark Lucy Cohb Milledge Annex Tea Room TOTAL DINING HALLS
OTHER Cow Testing Egg Contest Printing Department University Stores TOTAL OTHER
TOTAL AUXILIARY INCOME
D. OTHER NON-EDUCATIONAL ENDOWMENT Univ. of Ga. Foundation - Michael Award
GIFTS AND GRANTS Ethel Jenkins - Forestry Award Sears Roebuck Foundation - Scholarships Georgia Feed Association - Fellowships

Schedule B-l-p

General Income

Restricted Ino <ae

Total

* 19,987.22 13,921.8?
r 213.095.81

19*987.22 13,921.87 t 213.095.81

# 53*700.00
* 266,795*81
* 6.U53.38 22.u12.35 22,586.31 6 ,1 8 7 *oU 12,629.02 10,507*01 1+1,888.11+ 6,565.85 10,258.57 17,903.16 19,666.83 6,688.00 2,675.12
20,61+6.66
2,990.10 19,103.61+ 98,998.13 * 328,159.31

g 53*700.00
1 266,795.81
Schedule B-l-C
6.U53.38 22.U12.35 22,586.31
6,187 .Oli12,629.02 10,507.01 1+1,888.11+
6,565.85 10,258.57 17,903.16 19,666.83 6,688.00 2,675.12 20,61+6.66 2,990.10 19,103.61+ 98,998.13 1 328,159.31

$ 121, 223.1*1+ 100,392.11 105.u32.52 39.759.65 55,199.01 20,1*20.1+6
* uu2.u 27.17

121,223.1*1+ 100,392.11 105.u32.52
39.759.63 55,199.01 20,1+20 J+6
t 14^,1*27 Trf

1 19,770.90 6,339.37 5u.720.2u
U92.285.76 $ 573.116.27;
tl.3U3.702.75

19.770.90 6,339.37 5U.720.2U U92.285.76
t 5 7 3 ,ii.g 7
t1.3U3.702.75

Schedule B-l-D

500.00

500.00

100.00
2, 166.63 1,000.00

100.00
2, 166.63 1,000.00

GIFTS AND GRANTS (C o n tin u e d ) U nion Bag Company - S c h o la rs h ip s Seedmans S ch o larsh ip s G eorgia Feed A sso ciatio n - S ch o larsh ip s Mrs* Roy M* D u rr - S c h o la r s h ip s Kroger G rocery Co. - S ch o larsh ip s Mrs* A. W. B oynton - S c h o la r s h ip s R eb ecca R . F e l t o n F\md - S c h o la r s h ip s TOTAL GIFTS AND GRANTS
TOTAL OTHER NON-EDUCATIONAL INCOME
NON-INCOME T ra n sfe r from Agency Funds
TOTAL OTHER NON-EDUCATIONAL RBCEIPTS
TOTAL CURRENT INCOME
NON-INCOME RECEIPTS
TOTAL CURRENT RECEIPTS

G eneral Incom e

Schedule B -l-D

R estricted Income

T otal

3, 200.00 300*00 900*00
1, 600*00
8 0 0 .0 0
500.00 200*00
10, 766.63

3, 200.00 300.00 900.00
1 , 600.00
800.00
500.00 200.00
10, 766.63

11, 266.63 11, 266.63

9 ,5 3 0 .1 7

9 ,5 3 0 .1 7

2 0 ,7 9 6 .8 0

2 0 ,7 9 6 .8 0

5, 022, 966.1*5 361, 375.76 5,381*.3U2.21

882.22 5,023,81*8.67

9 ,5 3 0 .1 7

10, 1*12.39

370, 905.93 5.3 9 U ,7 5 l* .6 o

SUMMARY OF CURRENT EXPENDITURES For Year Ended June JO, 1950

Schedule C

G eneral

G eneral R estricted E xtension

t, EDUCATIONAL AND GENERAL

1-

Admin i s t r a t i on

2-

S tudent W elfare

3- P hysical P lant

$ 20l+, 61 3 .3 9 96,815.1+1+
322, 609. 2U

2 3 ,9 2 5 .8 0
200.00
1 ,1 9 6 .0 0

1 + -L ib rary

5-

In stru ctio n

6-

0rganized R esearch

192,451.il I J 4IO .3I4 1,783,551.71+ 1 3 8 ,6 3 8 .1 0 112, 316.61
202, 623.26 5 9 ,8 7 5 .1 5

7-

S e r v ic e s R e la te d t o I n s t .1+20,070.97

29, 708.82

8- E x te n s io n

117, 1+5^.66 1514, 983.82 8 2 ,8 5 0 .6 7

TOTAL EDUC. & GENERAL $ 33UO,190.11 355,107.1+1 21+9, 997.90

A uxiliary

T otal
228, 539.19 97. 015.j4i*
323,805.21*
i 93. 86l .75 2, 031*, 506.1*5
262, 1*98. 1*1
1*1*9,779.79 3 5 5 .2 8 9 -1 5
3.91*5.295.1*2

1. AUXILIARY ENTERPRISES

1-

R esidence H alls

2-

D ining H a lls

3-

G eneral D orm itories 4

D ining H alls

l+-Cow T e s t i n g

5-

P rin tin g Departm ent

6-

U niversity S tores

7-

Egg C ontest

TOTAL AUXILIARY

227,587.15 227,587.15 1+25,798.82 1+25,798.82

9 ,3 5 7 ^
18, 911.60 1+3, 856. 21+

9,357.1+1+
18, 911.60 1+3, 856. 21+

377,527.73 377,527.73
10, 788. 9!+ 10, 788. 9!+

1 ,1 1 3 ,8 2 7 .9 2 1, 113, 827.92

. OTHER NON-EDCATIONAL 1 -S c h o la rs h ip s , Awards 4 P riz e s

10,1+82.28

10,1+82.28

TOTAL CURRENT EXPENDITURES $3,31+ 0,190.11 3 6 5 ,5 8 9 .6 9 21+9,997.90 1 ,1 1 3 ,8 2 7 ,9 2 5 ,0 0 9 ,6 0 5 .6 2

Schedule C

G eneral

G eneral R estricted E xtension

NON-EXPENSE

T ra n sfer to O ther Funds $ 155,361.21

882.22

O ther

l 6, 306. 2l4. 5 .3 U 0 .1 5

TOTAL NON-EXPENSE f 1 5 5 ,3 6 1 .2 1 I 7. I 88.I46 5 .3 U 0 .1 5

A uxiliary
U2,5 3 6 .6 U I42. 536. 6I4

T otal
1 9 8 ,7 8 0 .0 7
21. 6I46.39 220, 1426.146

TOTAL CURRENT DISBURSEMENTS $ 3 ,1 + 9 5 ,5 5 1 .3 2 3 8 2 ,7 7 8 .1 5 2 5 5 .3 3 8 .0 5 1 ,1 5 6 ,3 6 1 4 .5 6 5 .2 9 0 ,0 3 2 .0 8

STATEMENT OP CURRENT EXPENDITURES Year Ended June 30, 1950

Schedule C-l-A

__________________________O b je o t C l a s s i f i c a t i o n

O perating

Fund C l a s s i f i c a t i o n

S alaries

S upplies

G en eral R e s tr ic te d A Wages A Expense Equipm ent

A* EDUCATIONAL A GENERAL

ADMINISTRATIVE A GENERAL

A ccounting O ffice

$

Alumni O ffic e

C om ptroller* s O ffice G eneral

P resident*s O ffice P u b lic ity Bureau

R e g istra r's O ffice S ta t is t i c a l Bureau

V eterans A d m in istratio n

TOTAL ADM. A GEN.

33.i407.02
6,000.00 11,087.72 68,538.56 18,063.10
9,1458.59 38,9^9.10 iU, 31+3.96
i+,71+5.31+ 204.613.39

28,701.142 6,000.00 10,766.63
27,655.73 16,850.08 7,971.66 28,5814.85 13,91+7 .Ol* l+,517.0l4
1uu.99u.u5~

l+,705.60
321.09 I40,882.83
1,213.02 1,1+86.93 9,997.05
396.92 228.30 59.231.7u

387.20 387.20

STUDENT WELFARE D ir. of S tudent L ife $ Dean o f Men Dean o f Women Placem ent Student H o sp ital V ol. R eligious A ssoc. TOTAL STUDENT W. *

8,533.148 i8.i452.89 19.667.08 7.722.59 141,389.1+0 1,050.00
96.8i5.i4i4

200.00 200.00

7,850.00 17,653.16
18,771.142 6,91+6.60 30,297.88 1,250.00
82,769.06

683.1+8 799.73 895.66 6I49.76 11,091.52
" 1I4,120.15

126.23 126.23

PHYSICAL PLANT G eneral Jan ito rs R epairs Grounds
TOTAL PLANT

$ 103.i450.56 110,234.86 70.9i4i4.67 37.979.15 322,609.214

LIBRARY

ffey*

INSTRUCTION Dean o f F a c u ltie s ^ A griculture Dean's O ffice Ag. Economics Ag. E ngineering Agronomy Animal H usbandry D airy

f a9a.U5i.Ul 1.1+10.31+

yyl -

-i

25.908.79 15,030.814 35.17U.28
23,989.05 19,1415.51 16,132.18

5,000.00 13,500.00
5,500.00 5,100.00
8,000.00

16,256.97 100,015.55 30 ,432.92 2I4,381.57 171,087.01
lO8.3i48.77
17.55U.U5
21,011.149 19,6814.96 45.Ul6.37 26,502.90 21,281.91+ 22,986.00

81,917.5U 5.276.05 10,088.31 I31.OO 35,216.37 5,295.38 11,812.58 1,785.00 139.03u.80 12.U87.U3
9,3l+0*1+2 76,172.56

736.65
1+.897.30 2U5.92
2,771.80 2.UOU.99 1,200.31+
951 .uu

99.96 1+86.11 581.16
2,033.23 19U.7U

Schedule C -l-A

O bjeot C la s s ific a tio n

INSTRUCTION (C o n tin u e d )

ihnd C la s s ific a tio n

G eneral

R estricted

S alaries Sc Wages

Ope r a t i n g S u p p lie s St
Expense Equipm ent

Food T echnology H orticulture Land A rc h ite c tu re P lan t P athology P o u ltry Husbandry A r t s Sc S c ie n c e s

6 ,3 7 3 .7 7 12,631+*92 18,763.21+
5#102.19
11,588.71+

1+,0 0 0 .0 0
8 ,6 6 6 .0 0
i+ ,0 0 0 .0 0
2 ,500.00

9, 885.02 20, 279.22 17, 069.96
8,80i+.58
13,388.71+

1+88.75
707.85
1,277.82 297.61 60O.OO

313.85 I+15.I+6 100.00

Dean*s O ffice A rc h . Sc A n th ro p o lo g y A rt B iology Botany C hem istry C lassics Drama E nglish G eography Sc G eology H istory Mathemat ic s Modern Languages M usic N ursing E ducation P h ilo so p h y P h y sio s P o litic a l Science Psychology R eligion S o cio lo g y B usiness A dm inistration E ducation

1 8 ,7 9 7 .3 9 5 ,6 2 6 .3 2
5 3 ,2 li+ .5 7
53. 523.I47
3 2 ,9 7 5 .8 3 5 7 .7 5 6 .6 l
7 , 859. 5!+ 11, 782.01
6 7 ,3 8 5 .6 9
30,141+6.33
2 9 .5 9 3 .2 7 1+7,239.1+8
61,1+39.56
3 9 ,2 2 0 .7 9 l+,62l+.7l+ 13,11+5.26
3 8 .1 1 0 .2 7
27, 253.69
2k . i 6k . 9rj
3, 229.12 25. 358. 1+5
121+, 5 5 8 .7 8

1,000.00
3 ,5 5 6 .0 0
93I4.OO 1,000.00

1 5 .7 7 9 .6 0 5 , 1+08.2 6
51,1+29.35
I+9. 3I+5. I 6 29. 629.91
5 0 ,8 1 2 .5 6 7,61+2.32
1 1 .5 9 0 .9 2 70,1+95.28
2i+, 311.32
29,1+93.29 1+7,973.70
6 0 ,7 2 7 .9 8 3 6 ,6 3 l+ .7 6
1+, 516.60 13,070.68
27, 055.68 2i+ ,09l + . 6i+
3 ,2 2 0 .0 0
25, 111.10
1 1 9 .5 7 lt.6 l

3 ,0 1 7 .7 9
70. 3I+
1,870.91+
3. 611+.1+3
1 .9 5 5 .7 8 6,9l+l+.05
80.03 191.09
1+1+6.1+1
1,976.91+ 99*98 199.78
3 7 9 .2 5
1, 1+1+6.13
108.11+
71+.58
1 ,9 8 3 .6 1 198.01
570.33 9 .1 2
21+7.35 3 ,9 9 1 .9 9

li+7.72 911+.28 563.88
1,390.11+
I 37. I 9
1+,1 5 8 .0 7
332.33 1 ,1 3 9 .9 0
3, 213.1+0 100.00
9 9 2 .1 8

G eneral P hy sical Education P ractice School Voc. Ag. T r. T rain in g Home E c . T r . T r a in i n g F orestry G raduate Home Econom ics Jo u rn a lis m Law M ilita ry Science P harm acy V e te rin a ry M edicine

7 3 ,8 8 6 .8 1
5 3 ,7 8 0 .7 8
2 2 ,2 6 8 .3 2
5.951+.20 8 ,6 8 1 .3 7 2 9 ,8 0 0 .2 7
1+7,201.61+
8 1 ,9 0 7 . 9I+
2 8 ,5 2 0 .8 9
60, 53!+. 86
]+,1+80.37
1+5,293.70

300.OO
2 8 ,7 8 2 .1 1 26,01+5.67
13. 651+.32 7, 000.00
100.00

7 0 ,6 6 0 .8 0
5 0 ,2 7 7 .9 8 1+9,862.1+6 2 5 ,1 9 5 .3 0 19,1+29.16 3U,l+01.2l+ 1+6,398.08 7 3 ,5 7 l+ .1+6 2 6 ,2 3 2 .3 9 5 8 ,7 0 6 .1 8
3 ,7 0 0 .0 8 3 5 ,3 8 3 .1 8

Dean*s O ffice Anatomy Sc H is to lo g y P h y s ic s Sc P h arm aco lo g y V eterin ary Pathology C l i n i o s Sc M ed icin e H y g ien e R egents P ro fe sso rs Summer S ch o o l

31, 976.82
1 5 ,7 2 0 .6 8
19, 91+8.71
21,1+1+9,68
62, 521.91
16.51+.36
1+.999.80
1 6 1 ,7 9 7 .6 8

11,212.1+3
li+ ,233.28
1 9 ,0 6 9 .7 8 20,21+9.52
38,955.1+0 1 5 ,3 1 6 .6 8
1+,999* 80
159. 61+8.30

TOTAL INSTRUCTION 1 ,783,551.71+ 1 3 8 ,6 3 8 .1 0 1 ,7 6 3 ,2 0 5 .1 3

3 ,2 7 7 .1 3 2 .6 7 7 .2 5
851+.80
5,81+0.51+ 2 ,9 0 6 .5 3
1,1+87.61
803.56
5 ,7 5 3 .1 a
2, 106.03
1 ,3 2 9 .0 2 780.29
6, 132.83

21+8.88
825.55
333.17 961+. 03
9 1 1 . I +2
2 ,5 8 0 .0 7 182.1+7 1+99.66
3. 877.69

1+,986. 1+1
1,1+87 .1+0
878.93
1, 200.16 23, 167.22 / 1 , 197.68

1 5 ,7 7 7 .9 8
399.29

2,11+9.38
U 5 . 0 7 2 .9 2 1+3, 913.81

Schedule C -l-A

O bject C la s s ific a tio n

O perating

FUnd C l a s s i f i c a t i o n G eneral R e stric te d

S alaries A Wage s

S upplies & Expense Equipment

ORGANIZED RESEARCH

G eneral - A g ricu ltu re i Ag. In d . & S erv ices B ureau o f Bus* R esearoh

7 7 .U 6 U .9 9
,12.6U8.62 12.6U8.62
9 981.08

6l.5Ul.65 20,209.05
7.799-3U

9,7U9.65 6,173.69 3.88.0U 2,000.15

2,027.89

153.85

D isease Research

12,095.87 5.891.95 12.J65.87

1,278.10 U.3U3.85

G eneral

89,625.62 8,000.00 78,3J7.69

7.U52.93 11,835.00

1 I*

R adio-A ctive F ert* Exp. C arnegie Researoh

2U8.U9 807.08 2.U21.25

186.00 658.30

62 .U9 2,5Ul.03

29.00

Iro n Experim ents

U88.U9

268.00

220 .U9

P otash Experim ents Sulphur Experim ents Cyanamid E xperim ents C en tral Soya

627.98 962.08
U2U.07 286.70

531.25 750.87 268.75

96.73 211.21 155.32
6.70

280.00

Sodium E xperim ents A n a ly tic a l Navy

6.5U1.U5 U.178.5U

U,797.75 U,025.OO

1.-5U3.70 153.5U

O rganic Navy M inor Elem ents Navy-M athem atic s M erck A Company P u b lic H e a lth - M ai. P ine N u tritio n

96.55 19U.61 2.U00.00 79.78 5.626.U2
705J+5

1U7.00
2.UOO.OO
U,799.88 365.00

96.55 U7.61
79.78 757.90 120.00

68.6U 218 .U5

Boron E xperim ents

578.85

252.U5

326.38

Copper T.V .A . Meat Navy Cymene P r o j e c t A tom ic E n e rg y Com. M ineral Study - H o rt.

17.00 3.859.77
732.52 2,610.33
U56.27

17.00
1,580.8U 625.00
1,125.00 115.63

1.750.95 107.52 126. 9U 221.09

527.98
1.358.39 121.55

TOTAL ORG. RES. 1 2 0 2 ,6 2 3 .2 6 5 9 ,8 7 5 .1 5 2 0 3 .l6 5 .3 2

3 2 ,2 2 2 .5 U 27, 110.55

SERVICES RELATED TO INSTRUCTION

C ream ery

$ 106,632.11

D airy Farm

UU.7OO.23

Food P ro c e s s in g

19,175.88

G reenhouse

5.U93.86

H o rtic u ltu re Farm L iv e s to c k Farm Meat Curing P la n t

11,317.31 30,011.76 162,761.00

P oultry P lant

TOTAL SERVICES

20,070.97

28,19U.18 77,336.09 1,101.8U

18,5U9.21 2 i,7 U i.o i U.U10.01

8,038.03 10,015.85 1,122.00

2,593.20

2,871.72

28.9U

8,UUU.15

2,275.16

598.00

8, 635.67

8,379.69 12.996.U0

13,393.91 1U6,510*38 2,856.71

29,319.81

82.89

4\

98,U2U.U7 298.UU9.71 23.196.79

EXTENSION Ag. I t i n . T r. T raining Ag. S hort Course C ereal In s titu te Ga. P o u ltry Imp. A ssoc. A tla n ta Area F ield S ervices Ag. Educ. R elatio n s D istrib u tiv e Educ. J u liu s Rosenwald Fore s tr y Home E c . I t i n . T r . T r a i n . L itera ry Q uarterly
M ilk M arketing

35.539,99 766.25.

5,206.02 15.9U2.58

1U3.U7 1,199.63 15,662.50

15.633.71 6.7U5.65
168.60

600.00 20,760.90

6,821.13

999.3u

28,06U.80
122.00 37.80
17,959.70 13,2l6.U8 11.U83.76 U.916.59
105.00 600.00 15,770.98 U.656.87

7.U75.19 766.25 21 .U7 56U.93
2,908.82 2,726.10 U.1U9.95 1,6U0.38
63.60
U.989.92 2,l6U.26
999.3U

556.90 188.68

Schedule C-l-A

Fund Classification

G eneral R e stric te d

EXTENSION ( C o n tin u e d )

G eneral M ills (N utr. Educ)

2, 066.11

Surveys - E ducation U n iv ersity P ress

1+,208.21
$ 3I+,226.12

S o il T estin g & Survey

6,1+35.1+5

599.99

Trades & Ind. Educ.

6, 01+8.57

V eterans Guidance

36,335.1+1

V eterans T r. T raining

18,1+21.08

V o catio n al G uidance

lJ+,309.22

R es. - Use E d ucation A rchaeology

9, 299.90

1+,72O.89

235.OO

Museum

5,1+01.1+7

50.00

M ental H ealth

3,81+5.31+

Womans C lub

8 5 .9 5

TOTAL EXTENSION $ 117,!+5U.66 15!+,983.82

Olbjeot Classification

Salaries

Operating
Supplies &

& Wages

Expense Equipment

1, 050.00 I .I + 30.91
12,1+68.51+
5.371+.92 1+, 5 6 6 .6 2
30, 1+29.17 11, 869.69
1 0 ,8 1 8 .2 6
6, 133.30
2 ,6 3 8 .8 7 1+,691.26
3 ,3 7 9 .1 3
85.95 191, 870.60

1, 016.11
2 ,7 7 7 .3 0
21. 757.58
1 ,3 7 1 .2 0
1,1+81.95
1+, 6O7 . 6I
6 ,5 5 1 .3 9 3,1+90.96
3, 166.60
2 ,0 9 8 .8 2
535.1+0 1+66.21

289.32
1, 298.63
2 1 8 .2 0
22I+.8I

77. 791. 31+ " 2, 776. 51+

TOTAL EDUC. ie GEN. EXPENDITURES

3.3Uo,190.ll 355.107.Ul .763,862.79 7U5.263.62 186,171.11

NON-EXP ERSE Refunds P rev. Y rs ., In c . T rans, to O ther Funds
TOTAL NON-EXPENSE $

, 155 361.21
1 5 5 ,3 6 1 .2 1

16,306.2U 882.22
17,188.1+6

TOTAL EDUC. * GEN. DISBURSEMENTS

3, 1+95, 551.32 372, 295.87

B. GENERAL EXTENSION ADMINISTRATION Gene r a l
PLANT OPERATIONS

t ___ 23, 925.80 1 , 196.00

INSTRUCTION Columbus C enter G ain esv ille C enter W ayross C enter A tlan ta C enter Rme C e n te r Savannah C enter

3I+, 2 3 7 .6 7
10, 1+7 3 .2 2 1 1 ,3 8 1 .5 3 1 5 ,9 3 5 .9 2
21, 505. 11+
F 112, 316.61

A u d io -V isu al Aid

TION $ 29,708.82

EXTENSION

Forums

4

C o rrespondence

P art-T im e & S pec. Sei e

TOTAL EXTENSION 1

8. 079.17 +1+,31+1 . 1*8 30, 1+30.02
8 2 ,8 5 0 .6 7

TOTAL GEN. EXT. EXPEND4 21+9,997.90

NON-EXPENSE R fds. Prev. Y rs. In c.

5 .3 U Q .1 5

TOTAL GEN. EXT. DISB. 2 5 5 ,3 3 8 .0 5

16,296.62
,1 196.00

Schedule C-l-B 6,726.31 902.87

29, 816.07 8, 160.00
9,370.81+
1 5 ,9 3 5 .9 2 19,783.21+

i+,1+21.60 1,823.72 2, 010.69
1 ,5 8 7 .2 2

U89.50 13I+.68

99.251+.07 " l i , 7 6 5 .1 0 " 1 , 297.u u

9 ,0 1 5 .2 0

5,991.U 9 li+,702.13

7 ,3 2 6 .2 6 1*1,1+01.75 22.51+1+.1+5 71.272.1+6
197. 03U.35

752.91 2, 939.73 7, 885.57
1 1 ,5 7 8 .2 1
3 6 ,0 6 1 .1 1 1 6 ,9 0 2 J+1+

Schedule C-l-C

AUXILIARY ENTERPRISES

DORMITORIES

B arracks

$

Brown

Camp W ilk in s

C andler

C larke Howell

Lucy Cobb

Mary Lyndon

Mi H e d g e

Mi H e d g e Annex

R utherford

Sm all Dorns*

S o u le

A # A

C oordinate

P rivate T railers

C raw fo rd W. Long

V eterans Housing P ro je c t

Law D o rm ito ry

TOTAL DORMITORIES $

Fund C la s s ific a tio n G eneral R estricted
10, 588.63 13. 059.36 1+.913.75 6, 762.33
6 ,6 3 1 .8 7 9 ,5 ^ 6 .8 6 1 0 ,6 3 1 .2l+ 1 1 ,5 6 7 .6 8
5, 310.01 10, 1+97.31
6,11+8.85 9 ,1 9 3 .0 7
1+ .073.65
3 2 ,7 8 7 .3 1
1, 657.22
552.78 7 9 ,1 8 5 .6 2
1+.+79.61
2 2 7 ,5 8 7 .1 5

O bject C la ssific a tio n

O perating

S alaries

S upplies &

<fe Wages

Expense Equipment

1+.1+1+5.12 5.70+.30 2,1+21.99
2,757.1+5 i+, 1 1 2 .0 0 5,21+8.85
5 ,1 9 7 .9 3 5.711+.00
1 ,8 0 5 .5 0
+,623.03
2 ,1 2 1 .1 5
1+, 655+5
1,81+5.60
15, 71+1+. 50 I 05.O I 330.33
31, 1+91+, 13 2, 252.10
100,578.1+1+

6, 11+3.51
6,1+1+7.21+
2, 1+91.76
l+,0Qi+.88
2 ,3 3 2 .3 7
1+, 298.O I
5.1+33.31 5 ,8 5 3 .6 8
3. 50I+.51
5.871+.28
+ ,0 2 7 .7 0 1+.537.62
2 ,2 2 8 .0 5 17,01+2.81
1 , 552.21
222.1+5
1+2, 692. 1+7
2 ,2 2 7 .5 1
120,911+. 37

9 0 7 .8 2
1 8 7 .50
1+,9 9 9 .0 2 6,09l+.3l+

DINING HALLS

T ea Room

$

C afeteria

C oordinate

Denmark Lucy Cobb

Mi H e d g e Annex

TOTAL DINING HALL I

1 9 .9 3 6 .8 2 1 0 9 ,3 8 0 .8 2
1 0 2 ,2 2 9 .1 8
111, 190.12 36, 31.8.68
+6,71+3.20
1+25,798.82

G e n e ra l Dorms & D in in g $ 9.357+ 1+

TOTAL DORMS. & DINING $ 662,714.3.1+1

OTHER Cow T e s t i n g Egg C ontest P rin tin g Departm ent U n iv ersity S tores
TOTAL OTHER

$ 18,911.60 10,788.91+ 1+3,856.21+
3 7 7 ,5 2 7 .7 3
$ 1+51, 081+. 51

TOTAL AUXILIARY EXP. $1 ,1 1 3 ,8 2 7 .9 2

7 .5 5 8 .0 2
27. 937.81
2 l+ ,9 1 0 .7 2 2i+,29l+.79
10, 11+6.52
8,1+00.77 103,21+8.63
8 ,8 3 0 .1 3
2 1 2 ,6 5 7 .2 0

1 2 ,3 7 8 .8 0 81,1+1+3.01 77,318.1+6
86, 895.33
2 6 ,1 7 2 .1 6 38,31+2.1+3
322, 550.19
527. 3I
1+1+3,991.87

6,09l+.3l+

13, 638.78 3, 700.00 22, 898.1+6 32, 775.08 73, 012.32
285, 669.52

1+,8 0 9 * 7 0
6 ,6 8 8 .9!+
1 9 ,9 0 8 .8 1 31+2,928.20 37+, 3 3 5 .6 5
8 1 8 ,3 2 7 .5 2

I+63.12
1+00.00 1,01+8.97 l,82l+.l+5
3. 736. 51+
9 ,8 3 0 .8 8

NON-EXPENSE T ran sfer to P la n t Funds

1|2, 53&.61+

TOTAL AUXILIARY DISB. $ 1 , 156, 36i+*56

Schedule C -l-D

D. OTHER NON-EDUCATIONAL Fellow ships S cholarships P r iz e s and Awards TOTAL OTHER NON-EDUC.

Fund C la s s if ic a tio n

S alaries

G eneral

R e s tric te d & Wages

1, 000.00
8 ,8 8 2 .2 8
600.00 10, 482.28

O perating S upplies A
Expense Equipment
1*000.00
8 ,8 8 2 .2 8
600.00 " 10, 482.28

& , 70l ) ,015.93 365, 589.69 5, 21)6, 566.66 1,6 lO ,1 5 U .5 5 212,901).1)3

NON-EXPENSE DISBURSEMENTS

203,258.00 17,188.46

TOTAL CURRENT DISBURSEMENTS $ 4 ,9 0 7 ,2 5 3 .9 3 3 8 2 ,7 7 8 .1 5

STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30, 1950

Schedule D

A. EDUCATIONAL AND GENERAL STUDENT FEES A tla n ta Area

B alance B eginning
Of Year

R eoeipts *or Year

b istu rsem ents
For Year

T ransfers

B alance End
Of Y ear

-9 ,362.50

9 ,3 6 2 .5 0

GOVERNMENTAL Ghauts A Aids

O ther S ta te s

S tate of V irg in ia

For Ag. E d u . R e l a t i o n s S tate of L ouisiana

50 0 .0 0

500.00



For A g. E du. R e l a t i o n s

500.00

500.00

State of N. C.

For Ag. Edu. R e la tio n s S tate of M ississip p i

500.00

500.00

For Ag. Edu. R e la tio n s

V ocational

$ -2 2 ,9 8 3 .6 1

U nited S ta tes

750.00 8 4 ,6 6 1 .5 3

75O.OO 85,326.84

(-2 3 ,6 4 8 .9 2 )

M o rrill-N e lso n Fund D ept, o f H ealth

6 8 ,9 9 0 .0 0

6 8 ,9 9 0 .0 0

For M alaria D ept, of H ealth
For M ental H e alth Navy D epartm ent

1 ,6 6 8 .5 7
1*78.0 3

7 ,3 1 0 .0 7 3 ,3 6 7 .7 6

5, 626.1*2 3*845.34

3 ,3 5 2 .2 2 478.03(1) (-477.58)

For Research

(-7 6 8 .9 0 ) 7,91*4.00

V ocational

(-1 4 * 6 5 8 .7 9 ) 62, 509.45

D ept, o f A g ric u ltu re

F o r A g rio . E n g . ; 1 , 063.07 11,71*2.37

C ounties

7 ,407.61 65,498.46
12,648.62

( - 232. 51)
(-1 7 ,6 4 7 .8 0 )
156.82

C larke County

For D em onstration Sch. Richmond County

2 8 ,782.11 28,782.11

For Survey

________________ 4 ,6 2 0 .0 0 ______4__,2__0_8_._2__1

TOTAL GOVERNMENTAL $ - 3 3 ,2 0 1 .6 3 2 8 2 ,1 7 7 .2 9 2 8 4 .5 8 3 .6 1

478.03 -3 8 ,0 8 5 .9 8

Schedule D t *

EDUCATIONAL AND GENERAL (ContM) ENDOWMENT Franklin College Alumni Library Alumni Y. M. C. A. Horace B. Russell Univ. of Ga. Found. For Physics Prof. Univ. of Ga. Found. For Theo Dalton
TOTAL ENDOWMENT

Balance Beginning
Of Year $
$

GIFTS Chilean Nitrate Edu. Bureau - For Sodium International Minerals & Chem. Corp - For Iron American Potash Institute For Potash General Mills For Nutrition Emory University For Atlanta Area Rosenwald Fund For Education Tennessee Corp. For Minor Elements
T. V. A. For Soil Survey
Pacific Coast Borax Co. For Boron
American Cyanamid Co. For Cyanamid
Carnegie Foundation For Research
Tennessee Corporation
For Copper Mrs. J. Kambridge
For Art Museum Mr. Harry Hodgson
For Art Museum U. s'. Radio Active
For Experiment Texas Gulf Sulphur Co.
For Sulphur General Edu. Board
For Ag. Edu. Relation Int. Mineral A Chem. Cor;?
For Hcrt. Research T. V. A.
For Meat Spoilage Tenn. Corp. Rsch. Lab.
For Pine Nutrition Atomic Energy Com.
For Research

8I I . 9U
2 ,8 0 3 .7 5 97U.OO 381.99
323.98 1 .1 6 9 .1 5
1.3U 7.73 536.18
2,i#U .90 197 .U6
1 ,0 0 9 .9 9
16I4.67 1 , 51+7.914
937.83

Receipts For Year

Disburse
ments For Year Transfers

8 ,0 0 0 .0 0
250.00
200.00 2 0 0 .0 0
1 ,0 0 0 .0 0
300.00
9 ,9 5 0 .0 0

8 ,0 0 0 .0 0
250.00
200.00 200.00
300.00 8, 950.00

6 ,0 0 0 .0 0
1 ,2 0 0 .0 0
2, 500.00 6, 300.00
1 ,0 0 0 .0 0

6,31+1.1+5 1*88.1*9 627.98
2, 066.11 6, 300.00
168.60
19U.61

Balance End
Of Year

*vr %
SB*| | **
W
''4- glfjIj a -4l 1f

1 ,0 0 0 .0 0 1 ,0 0 0 .0 0

< 11r
4V| l k

A *- L
1+70.1+9 1
p+ { 2 ,3 1 5 .2 6

1 , 51*6.02 <,11 V*
815.88

1 5 5 .3 8 1.971+. 52

*
3* J
ft

599.99
1, 500.00

599.99 578.83

600.00
3*353.90
300.00 25.00 25.00

1+21+.07
2, 1*21.25 17.00 25.00 25.00

1 , 500.00

21*8.1*9
962.08

10,U 60.56 2,1*00.00

13*383.71
1+56.27

8^9.72

1 ,0 0 0 .0 0 3 ,000.00

703.1+5
,2 610.33

pf| 1 2,268.90 u

712.11 265.62(1) 3.161.93
1*80.1*6
7 6 1 .5 0 702.59

k
4

< if

,m

'

vV|. m

&I

rl

jk I
A4

( - 1 ,3 7 5 .2 1 ) ii ..

2,881.56 k

V
882. 22( 2) ( - 12. 50)

296.55

389.67

Schedule D

Balance

Beginning

Of Year

EDUCATIONAL AND GENERAL (Cont'd)

GIFTS (Cont *d)

Ga. Poultry Imp. Assn.

For Vet. Medicine

Georgia Hereford Assn.

For Livestock

Georgia Womans Club

For Education

Miso, from Various Sources

For Archaeology

T. V. A.

For Meat Research

Dr. A. H. Bunce

For Pharmacy Travel

Georgia State Florist

For Hort. Travel

Anonymous

For Hort. Travel

Robert W. Woodruff For Pharmacy

10,000*00

Mise, from Various Sources For Land Arch.

23.36

General Education Board

For Disease Research Cereal Institute

2 0 ,4 5 4 .5 4

For Home Economics

4 8 2 .0 0

Ball Brothers For Food Testing
General Education Board For Library Books

(-576.95) 960. 3I4

Merck & Company

For Poultry National Yeast Corp.

122.41

For Home Economics

1 ,0 0 0 .0 0

Central Soya Company

For Dairy Department

TOTAL GIFTS

$ 1*7.167.19

Receipts For Year
1, 500.00 600.00 225.00 235.00
1, 659.17
100.00
150.00 16.00
1 , 500.00 48, 619.34

Disbursements
For Year
1, 159.63 600.00
85-95 235.00 3 ,8 5 9 .7 7 100.00
150.00 16.00
5. 891.95
11*3-1+7
960.34
7 9 .7 8
286.70
52, 211.30

Transfers

Balance End
Of Year

31+0.37

139.05
( - 2, 200. 60)

1 0 ,0 0 0 .0 0
23.36 ll* ,562. 59( l )
338.53 (-5 7 6 .9 5 )
1+2.63
1 ,0 0 0 .0 0 (1 )
1, 213.30
16,710.43 26,864.80

TOTAL EDUC. & GENERAL

$ 11,965.56 350, 109.13 355, 107.1+1 1 7 ,1 8 8 .4 6 - 1 0 ,2 2 1 .1 8

B. OTHER NON-EDUCATIONAL

Fellowships

Georgia Feed Association

For Agriculture

$

1 ,0 0 0 .0 0

1 ,0 0 0 .0 0

Scholarships Sears Roebuck Foundation For Agriculture Various Sources For Pharmacy Sears Roebuck Foundation For Betty J. Smith Borden Company For Home Economics Union Bag Company For Agriculture

2, 016.63 150.00
3 ,2 0 0 .0 0

2, 124.98 - 6 8 3 .3 7 ( 3 ) 5 7 5 .0 2

75.00 150.00

-1 5 1 .7 5 (3 )

7 6 .7 5

300.00 - 2 ,1 0 0 .0 0 ( 3 ) 1 ,8 0 0 .0 0

2, 533.00 - 4 ,2 6 5 .0 0 ( 3 ) 4 ,9 3 2 .0 0

-55-

Sohedule D

OTHER NON-BDUCATIONAL ( C o n t'd ) S cholarships (C ontfd) Seedmans G eorgia Feed A sso ciatio n For Scholarships Mrs* Ray M* D u rr For P oultry K ro g e r G ro cery Co* Mrs* A* W. B oynton For L ois Drawdy R ebecca R. F e lto n Rind For C h a rle s Shaw TOTAL SCHOLARSHIPS

B alan ce B eg in n in g
Of Year
1 ------------------

R eceipts For Year
300.00 900*00 1, 600.00
800.00
500.00 200.00
9 ,6 6 6 .0 3

D isbursem ents
For Year T ran sfers

B alan ce End
Of Year

300,00

- 3 0 .0 0 ( 3 ) 30.00

700.00 - 100. 00( 3) 300.00

1, 199. 31* - 2, 000. 00( 3) 2,1*00.66 799.96 - 2 0 0 .0 5 (3 ) 200.09

500.00

200.00 8 ,8 8 2 .2 5 - 9, 530.17 10, 3ll*. 52

Awards U niv. o f Ga. Foundation For M ichael Award E th e l J e n k in s Award For F orestry TOTAL AWARDS
TOTAL OTHER NON-EDUC.
TOTAL RESTRICTED FUNDS
(1 ) Refunds t o Donors (2 ) T ran sfer to G eneral Funds (3 ) T ra n sfe r from Agency Rinds
TOTAL TRANSFERS

* 11. 965.56

500.00

500.00

100.00 600.00

100.00 600.00

11, 266.63 10,1*82.28 - 9 ,5 3 0 .1 7 10,311**52

361, 375.76 3 6 5 ,5 8 9 .^ 9 7. 658.29

9 3 .3 h

16, 306. 2U
882*22 -9 ,5 3 0 .1 7

STATEMENT OF TRUST FUND BALANCES Year Ended June 30, 1950

Sohedule E

BALANCE OF PRINCIPAL, BEGINNING OF YEAR income n o t tr a n s f e r r e d )
ADDITIONS* G ifts and G rants Income o f Investm ents Notes Recovered T ra n sfe rs from Loan Funds T ra n s fe rs from Endowment Funds
TOTAL ADDITIONS

(in c lu d in g

Endowment Funds
* 2 ,1 7 9 .8 0 1 .7 3

Loan Funds
* 7 0 8 ,1 9 3 .0 3

M iscellaneous Funds
t 8, 601.03

* rl+ ,337.31 1 200.00 1 30, 261.32

7 0 ,0 1 1 .5 t* 2l*,l*0i*.ljl*

108.75

330.00

1 0 ,5 5 1 .7 5

20, 1*83.62

95. 23O .6O 1 1*5, 088.06 * 30, 370.07

DEDUCTIONS: Notes w ritte n o ff Loss on S ale o f Investm ents (S tocks and Bonds) $
T ra n sfe r t o G eneral Rinds T ra n sfe r to R e s tric te d Rinds T ra n sfe r to Loan Funds T ra n s fe r t o Endowment Funds
Expenses of T rust T ran sfer to O ther In s titu tio n s

12,987.1*6
7. 75O.OO 8, 650.00 20, 1*83.62
61*8.27 26,1*95.01*

1 150.00 29.00
1 0 ,5 5 1 .7 5
1 , 826.1*6 2, 126.90

32. 1i16. 3i*

/J* >| fp gJB
>,4.
4b
1
jLj! A-
A :M K W*
4
Ri
f| iff
V*
4/1
>' B
A4
S V. M 1
>* 4
b*
M4TW
4*1 fJ
T1

-56-

,>if >a i,
41
v4
4 w

DEDUCTIONS (C o n tin u e d ) S ch o larsh ip s, Awards, etc* C o lle c tio n C osts M iscellan eo u s - Hefund TOTAL DEDUCTIONS
BALANCE OF PRINCIPAL, END OF YEAR
GRAND TOTAL

Schedule

Endowment Rind 8

Loan Rinds

M iscellaneous Funds

$ 1,1*52.08 $ 200*00

231. 51*

3 .3 9 1 .9 2

15.00

$ 78,698.01 $ 18,291.03 $

2, 196, 331*.32 73i*.9 9 0 .0 6 $

32, 11*6. 31* 6, 92l*.76

$2,938, llff.lU

STATEMENT OF TRUST FUND BALANCES BY FUND For Year Ended June 30, 1950

Schedule E -l

1m
t* **
4-. X.
*4f|
V*
A4
>; B
><1 >41 >1 -y ff #4
4}
*\

Fund B alance

B eginning

Of Year

ENDOWMENT FUNDS Fund f o r Advancement o f A rt Alumni L ib ra ry A lum ni Y* M* C* A. W* H* Booook C h a rle s H* B rand C h a rle s McDonald Brown

7. 050.02 11, 597.1*2
ll*,l*03. 5t* 1*02.01
1 , 191.60 1*65, 91)2.19

H enry Brown

2t*, 781. 1*0

W. J* B ryan P r i s e

291.07

B e rn ic e F* B u lla r d E l i z a b e t h M* B u l la r d

23,29i*.i*9
1*9, 027.96

A. F. C h u rc h ill M emorial Edward T* Comer

29. 159. 1i* 23l * , 332. 1*l*

Jo e Brown C o n n ally S c h o la rs h ip

2 ,6 1 5 .8 2

May E . Talm adge - D. A. R* Richmond W alton McCurry - D. A. R.

1*. 1*86.77
1, 500.00

B* A. and T* N. Denmark

39.89U .57

W. S . Denmark

1 6 ,9 9 5 .1 0

Eugene and H arry Dodd P h ilip F ein g o ld M emorial

1,1*91.89
1, 027.00

F ran k lin C ollege Mary J , F ra n k lin

1 2 2 ,5 0 7 .0 0
1*, 616.93

G eorge R* G ilm er H arold H irsoh

1 5 ,6 2 2 .1 1
1, 21*6.32

A. L. H ull M emorial I n te r f r a te r n ity C ouncil Jo u rn alism D ean's Clyde L . Jr* and John King

395.21*
1 , 000.00 695.61
12, 500.00

G eorge D* K i t z i n g e r Joseph Rucker Lamar

12, 126. 71* 25, 000.00

L an d so rip Endowment

2l*l*,776.6l*

F r a n c is A* Lipscom b

2,053*81

Emma Long Lumpkin Law S c h o o l

567.71
26. 253. 9l*

Jo sep h H enry Lumpkin

llt,5 l3 .2 li

C h a r le s F . McCay

2 6 1 ,0 5 3 .5 7

Edmund M agers G e n e ra l Endowment

Isa a c M einhard M emorial

9 9 3 .2 1

A ddit ions



3 6 .5 0

3ol*.l*o

355.56

5.00

1*1 . 31*

16,773.1*1
68l *.72

7.1*3
2, 062.08

1 ,2 5 6 .7 0

1 ,7 5 5 .1 0

2 0 ,1 7 2 .7 7
68.60

31*7.22
52.69 1, 131.69
1*73.36 39.97 19.06
8, 562.50
129.90
1*18. 31* 35.00 8.30

318. 71* 303.12
935.61*
6, 155.00
52.21*
lU .09 1 ,6 7 2 .1 7
3 7 7 .1 0
6, 97.52 102.79
22.50

D eductions
1 250.01 200.00 .01
1*1.31* 232.37
05 13.32 317.1*0
788.1*0
9. 51*8.50
10.00
11*7.22 52.69 1, 100.13
.09
.0 1 8 ,0 0 0 .0 0
206.00 500.06
318. 71* 293.76
935.61* 6 ,0 5 0 .0 0
1*21.90
.01 .10

Rand B alance End o f Year
$ 7, 088.52 11, 651.81
ll*. 559.10
1*07.00 1, 191.60 1*82, 1*83.23
25,1*66.07
285.18
2 5 ,0 3 9 .1 7
50, 281*.66
30,125.81+
21*1*.956.71
2, 67l*.1*2
1*. 6 8 6 .7 7 1 ,5 0 0 .0 0
3 9 ,9 2 6 .1 3 17,1*68.37
1 , 531.86
1,01*6.05
123, 069.50 i*. 51*0.83 15, 51+0.39
1 ,2 8 1 .3 2
1*03. 51* 1 , 000.00
695.61 12, 500.00 12, 136.10 25, 000.00
21*1*,881.61*
2 ,1 0 6 .0 5 581.80
27,50l*.21 11+.890.33 2 6 7 ,7 5 0 .9 9
102.79
1 ,0 1 5 .7 1

Schedule E -l

ENDOWMENT FUNDS (C o n t* d ) B ert M ichael S ch o larsh ip Thomas E . M itc h e ll - E d u c a tio n a l Thomas E . M itc h e ll - G eo rg ia Thomas E . M itc h e ll - C o o rd in ate P e a r l C am pbell Moon * C. A. and Homer B. T . Moon M usic S c h o la rsh ip George F o s te r Peabody Phelps-S tokes Fellow ship B en jam in Z . P h i l l i p s Law A. W. R eed M em orial N e il R eid M emorial H. L. Richmond F ello w sh ip Horace B. R u sse ll P riz e J e s s i e Woodrow S ay re Award Edward S . S h o rte r Hoke Sm ith M em orial M artin R. Smith P riz e
0 . V. Smith W illiam T e rre ll Berryman T . Thompson Frances Clem entine Tucker Hugh V. W ashington C ecil W ilcox - P riz e C e c il W ilcox - Loan R o b e rt W. W o o d ru ff F o r e s t r y W illia m J . Young
TOTAL ENDOWMENT FUNDS

fund B alance
B eg in n in g Of Year

A dditions

Fund B alance
o;f D e d u c tio n s _______ Y ear______

$

997.73
1 5 1 ,0 8 5 ,7 6

$ 27.55 1*, 163.22

$ 15,383.72

$

1 ,0 2 5 .2 8
139,865.26

37,952.95 25,186.1*3
2.262.07
2 .2 6 2 .0 8

l+,200.25 2,52l+.32
66.80
75.53

2,082.91
1,911.61*
.01

]+o,070.29 25. 799.11
2 ,3 2 8 .8 6
2,337.61

2,301.1*8

51.93

2,353.1*1

5I4I .23 17,603.87 13,037.82

II.90
1*1*1*.68
578.70

553.13

18,01*8.55

.01

13,616.51

U,396.30 75.00

211+.68 .200.00

.03 160.00

1*, 610.95 115.00

2 8 ,2 8 9 .3 2

626.81*

675.26

28,21*0.90

2,261**35 500.00

52.50

300.00
200.00

2 ,0 1 6 .8 5
300.00

2,500.00 1+, 332.1+3 3,9l*l.ll 60,389.02

2,561**39
7 0 .0 0
95.92 2,306.67

1 ,8 0 8 .6 7

5 ,o61*.39 1*,1+02.1*3 1*, 037.03
6 0 ,8 8 7 .0 2

20,925.20 13,271.12 7 3 , 1 3 1 *.69 2,506.23
2 ,0 0 0 .0 0
2,500.00 932.1*6
29,206.58

558.51
1*51.26
3,9ll*. 50 83-75 50.00 68.76
11.56
1*21.83

700.01
1*51.26
3,9li*.50
50.00 68.76
.01
21,563*1*7

20,783.70 13.271.12 73,131*.69 2, 589.98
2 ,0 0 0 .0 0
2,500.00 9I4U .O I
8,061*.9l*

$2,179,801*73 $ 95,230*60 $ 7 8 ,6 9 8 .0 1 $2,196,531**32

LOAN FUNDS L u cile A lexander A lpha Z eta Alumni A s s o c ia tio n P resto n S. A rkw right
R. and L. Arnold A tla n ta C o tto n O il Company
The A tla n ta J o u rn a l A tlan ta Stockyards DuPree B a rr e tt L. H. B eall Bibb C ounty Dawson C h arles H. Brand Mary Upshaw B roach C h a rle s McDonald Brown
H en ry W. Brown B ryan C ounty Dawson Shepherd Bryan B ernice F . B ullard A sa G. C a n d le r C harles H. Chandler C a r r o ll C ounty Dawson Chambe r 1i n - J ohns on-Du Bos e C h a rlto n County Dawson Chatham County Dawson

$

667.86 $ 16.21+

388.92

9.21+

1,303.18

32.56 $ 17.50

1,699.29 202.05

39.78 5.00

1*79*00

IO .9U

1,525.78

37.55

170.65

1.56

537.38

10.32

.01

180.81* 1*50.00

3.12 282.Il*

289,20

736.77

1*1.31*

355.70

8.71+

1+0,001*. li* 1,270.10

1,668.21 1*8.19

6,305.99 10I*. 06

25.70

359.11+ 7,91+8.97
258.81*

8.13 1*03.00
11.21*

l,361+.78

280.85

1.21+

306.02

7.50

625.06 . 12.66

15+.1+6

3.76

252.93

6.21+

681*. 10
398.16
1,318.21*
1,739.07 207.05 1*89.9U
1,563.33 172.21
5U7.69 183.96 U+2.9U 778.11 36I+.I++ 35,366.36 l,2ll*.23
25.70 367.27 6,987.19
270.08
282.09
313.52 637.72
158.22
259.17

11

.f a

Schedule E -l

.'/Jmfil >!# m
4J 4i <t V a Ml
V iK

>4 H: i
ill 1 *J *
M 4 v il '^ Iw 'a 4?S
*k `* 1;%'
A Hi
+1
JIlV
4
1

Fund B alance

B eginning

Of Year

LOAN FUNDS (C o n t* d )

Chi P si E d u catio n al A F. C h u r o h h ill

* 10. u 39.96

C itize n s & S outhern C lass o f 1926

16. 931.99
305.70

0* L. Cloud

U .95U.05

Mrs J H. Cloudman

1+59*1+0

Cobb C ounty Dawson Columbia County Dawson Edward T Comer

255.07
1*2.78
25. 8u u .9u

E lija h C larke D. A. R. D. A R M em orial May E rw in Talm adge D. A R.

2 ,1 6 0 .5 9
12. 5U3.16 1, 983.58

Richmond W alton McCurry D. A. R . L i l a N a p ie r J e l k s D. A R.

i+ll.1+1
630.03

E dgar G ilm er Dawson

303. 8i u .32

DeKalb County Dawson W. S . Denmark

893.55
1, 205.00

Eugene & H a rry Dodd D ruid H ills M emorial J C Dukes - Home E conom ics

105.99 173.29
1, 275.00

J . C. Dukes - B u s in e s s A d m i n i s tr a t io n J C* D ukes - A g r i c u l t u r e

1,275*00
1, 500.00

E a r ly C ounty Dawson

91.69

E lb e r t County Dawson E p s ilo n Sigma F h i

719.51 7 9 .2 3

Exchange Club - A tla n ta

286.63

W. W. F in l e y
Lucy H urt F isc h e r
C h a rle s IT* F o rd
F o restry Loan

3 ,2 0 8 .1 5
1. 875.19
870.07
l.c U U .27

1+-H C lub Loan

2 ,0 3 6 .5 0

Freshm an Y. Commission

9 5 .7 7

F h lto n County Dawson

582.1+2

G e o rg ia - A t l a n t a 5s W est P o in t R. R.

582.65

G eorgia Bankers A sso ciatio n

9 ,2 6 1 .5 9

G eo rg ia B ankers - Boys

2.U 79.57

G eorgia Bankers - G irls

3 .0 3 U .6 U

G e o rg ia Power Company G irls Canning Club

1 1 ,1 3 8 .7 5
1+, 283.61

Glynn C ounty Dawson

21+8.28

Grady C ounty Dawson

288.29

H a ll C ounty Dawson

668.21

H ancock C ounty Dawson

535-28

Jam es C H a r r i s
Frank Hawkins
A. L. H u ll M em orial

70U.UU U33. 1U
223.08

Jam es H* H unt

111*, 8 7 8 .7 6

J a s p e r County Dawson M rs. Graham Johnson

277.50
U25. 9U

B ess D J o n e s
Ju n io r League * A tla n ta
J B. Keough

288.19
292.93 259.S3

Clyde L. J r . and John King Kirkwood P , T. A.

253.05 373.8U

Joseph R ucker Lamar

3 ,1 0 3 .5 0

A dditions
# 200*00 801+.13
u i u .25 5. 9U
1 1 7 .3 2 8.11+ 6 .2 6
.62
lU .2U 7.73
U8.76 1+11.90
169.87 5 3 .0 0
15.00
9,61+9.1+8 8 .1 2
7 8 .3 9
3 .1 2
31.87
31.87
3 7 .5 0 1+.18
16.89
.62 5 .8 2
7 2 .9 3 53.21
23 >7U 19.68 65.UU
1U .36
1 1 .8 6 1+35.22
1+8.76
107.9U
2 2 2 .2 6 181+.26
5 .6 2
6.25 15. 7U 13.12
1 7 . 2U 10.62
3 ,0 1 7 .3 9 2 6 .6 2 1 0 .6 2
6.57 3. 2U
6.21+
318. 7U 22.65
1 ,0 5 1 .2 7

D eductions

ftmd B alance End o f Year

t

200.00

879.10 10,361+.99

150.80

17. 195.u u

311+61+

2 9 .7 5

5 ,0 7 1 .3 7
U67. 5U 261.33
U3.U0 1+0, 062.92

230.00
1+11+.06
3 7 .5 0 168.39

2 ,2 0 9 .3 5
12, 955.06
1, 923.U5
1+61+ .1+1
6I+5 .03 313.o u 9 . 7u
86I+.17 1, 115.00

105.99 176.1+1

1 ,3 0 6 .8 7

1 ,3 0 6 .8 7

1 ,5 3 7 .5 0

9 5 .8 7
736.U0 79.85
292.U 5
3 ,2 8 1 .0 8

1+1+.1+2

1 ,8 8 3 .9 8

893.81

1 ,0 6 3 .9 5

.03

2, 101.91

135.22
1+6.50

9 5 .7 7
596.78
59U.51 9 . 561.59
2,1+81.83

2 3 .1 5 2 7 .2 5
131+.01

3. 119.U3 u . 333.76
1+,3 3 3 * 8 6
253.90 29U .5U

6 8 3 .9 5 5U8.1+0
721.68 UU3.76

52.56

223.08
117. 8U3.59 301+.12

1+36.56
29U .76 296.17

266.07

2 0 .9 9

571.79 3 7 5 .5 0

U .15U .77

Sohedule E -l

Fund B alanoe B eginning Of Year

A dditions

Fund B alanoe End o f
S e d u c tio n s _______ Y ear______

LOAN FUNDS (C o n t' d ) Landscape A rch itectu re
F. E. Lanier L au ren s C ounty Dawson F ra n c e s A* Lipsoom b A rthur Lucas Joseph H. Lumpkin M oDuffie C ounty Dawson M rs. P . C. M cDuffie M cIntosh C ounty Dawson Maoon C ounty Dawson Mr. & M rs T . 0 . M a rsh a ll R. H. M artin M eriw eth er County Dawson
Moina M ichael T. E. M itch ell - G eorgia T. E. M itch ell - C oordinate
Moon M uscogee C ounty Dawson
R. C. N eely C. T, N unnally J . C arro ll Payne Phi D elta Phi B en jam in Z . P h i l l i p a Law S c h o o l
A. W. R eed M em orial B ertha R ich Richmond County - Boys Richmond County - G ir ls
B. R ivers R ockdale County Dawson James D. Robinson S. D. V. F ra te rn ity S a le C ity Dawson Savapnah D i s t r i o t Dawson
John D. Simmons Hoke Smith S t a t e Home Dem. C o u n c il S tu d e n ts* S tudent V eterans O rganization
Mark S u lliv a n Sum ter County Boys Sum ter County G irls T a t t n a l l County Dawson T e l f a i r C ounty Dawson Thomas County Dawson Berryman T . Thompson M eldrim Thompson Toombs C ounty Dawson F ran c is C. Tucker L e ila B ates Tye U. S. Government Ware County Dawson W ashington County Dawson L ouis W ellhouse M emorial C. P . W hitehead W h itfie ld County Dawson

71+1+.32 * 1+3.00 1+71.76 566.15 11+5.09
887.26

16.56 .31
9.37
2.1+9

150.00 2, 136.02
879*68
853*33 21+8.57 3 2 8 .6 5
583. 0U 9, 2ll+.l+8
1 7 ,9 2 7 .0 6
62.72 566.I+5
580.31 162.55
850.05 51.1+0
630.86 100.00
189.71+ 1,1+85.52
1, 150.00 266.52 1+20.00
251+.56
151+.25 1 ,0 5 2 .2 5
260.60
216.37 565.12
9 3 6 .5 0 1,71+8.56
561.27
173.19 2 ,6 3 3 .5 6 1,71+2.29
3 9 8 .7 8 10.00
205.68
5 ,8 8 5 .1 0
21+5.17 210.00 23,1+03.66
1,055.01+
2,697 *00
1+60.81+
360.1+5 l,ll+l+.l+l+
9 9 8 .7 5
5I+I+.I4I+

30*96 50.91+
20.01 5.62
9.51+
1+.20
2,1+73*92 2 ,2 7 l+ .11
.1+7 13.71+ 13.87
3.12
2 0 .3 7 .63
13.53
3.00
1 .8 1 3 5 .7 0 26.51+
6. 21+ 5.00 6. 21+
3 .7 6 21+.38
6. 21+ 5.00
12.91+ 17.1+8 98.91+ 3 2 .2 5
2.1+9 5 2 .6 5 3 0 .3 1
7 .8 2
5 .0 0
i+51.26
1+.70
2.50
3 ,7 6 9 .5 0 21+.38 11+2.81+
1+.37 7.1+9
I7.58
21+.07
12.67

2,1+01.73
698.26
2 3 .1 9
21+0.55
103.00 1+0.00 25.00
18.11 3 6 .3 0
1 ,8 2 3 .5 8 2 ,1 2 6 .9 0

760.88
1+3.31
I48I . I 3
566.15 11+7.58 887.26
150.0 0 2, 166.98
9 3 0 .6 2
873. 3U
25U .1 9 337*99 597.2L+ 9 ,2 8 6 .6 7 1 9 ,5 0 2 .9 1
1+0.00 580.19 59U .1 8
165.67
870.1+2
52.03 1+03*81+
151*55
1, 521.22
1176.5U 272.76 1+00.00 2 6 0 .80 158.01
1 ,0 7 6 .6 3 266.81+ 221.37 578.06
935*87 1 ,8 1 1 .2 0
593*52 175*68 2 ,6 8 6 .2 1 1 ,7 7 2 .6 0
I+06.60
10.00 210.68 6 ,3 3 6 .3 6 21+9*87
212.50
25,31+9.58 1,079*1+2 712.91+
1+65.21
367.91+
1 , 252.02
1 ,0 2 2 .8 2
557*11

LOAN PONDS ( C o n t 'd ) C eoil W ilcox R obert W oodruff I d a A* Young TOTAL LOAN PONDS
MISCELLANEOUS PONDS G eorgia 0-H Club F oundation
G e o rg ia 0-H C lub M. B. L ane
G e o rg ia 0 -H C lub N egro Camp
G e o rg ia 0-H C lub R ock E a g le
TOTAL MISCELLANEOUS FUNDS
TOTAL TRUST FUNDS

Schedule -}

Find B alance B eginning Of Year

A dditions

D eductions

Fund B alance End o f Year



2 8 0 .0 7 I I 8.76

500.80

6.88

5*1+86.78

222.61+


79. 11+

398.83
507.72 5 ,6 3 0 .2 8

* 7 0 8 ,1 9 3 .0 3 1+ 5,099.0$ 1 18, 291.03 7 3 0 ,9 9 0 .0 6



8 ,6 0 1 .0 3 2,728.1+5 5,835*03

5 ,0 9 0 .0 5

2 6 ,5 0 0 .0 0

2 6 ,3 1 0 .9 1

189.09

5 5 .0 0

5 5 .0 0

1 ,0 8 6 .6 2

1 ,0 8 6 .6 2

8, 601.03 * 30, 370.07 32. u 46. 3u "T ~ 6 ,8 2 0 .7 6

* 2, 896, 595.79 1 7 0 ,6 8 8 .7 3 1 2 9 ,1 3 5 .3 8 * 2 ,9 3 8 li* 9 .lU

SUMMARY OF TRUST FUND INVESTMENTS For Year Ended June 30, 1950

Schedule E-2-1

ENDOWMENT FUNDS Bonds. U. S T reasury Bonds, S ta te and M unicipal S to c k s Common

. I kr.

Loans on R e a l E s t a t e , Campus Real E s ta te , Pff-Campus Loans on F r a t e r n i t y Homes
(Off-Campus R eal E s ta te )

TOTAL ENDOWMENT FUNDS

Book V alue
1 * 5 6 0 ,3 5 5 .0 0
160, 000.00
1 2 5 ,2 6 6 .2 0
(U . o f Ga. B u ild in g s ) 296, 066.36
3 7 * > 5 .6 8 2 5 ,2 5 0 .0 0
2 ,2 0 0 ,0 0 3 .2 0

LOAN FUNDS

Bonds, U. S T reasury

176,625.00

S to c k s Common

1 .0 0

L oans on R e a l E s t a t e , Campus ( F r a t . Homes) (U . o f G a. B ld g s ) 168, 865.65

Loans on Real E s ta te , Off-Campus ( F r a ts .)

60,6A*1.66

S tudents N otes R eceivable

1 0 5 ,5 2 0 .5 8

Loans - N orth G eorgia C ollege

3 7 ,0 7 6 .0 9

Loan - G eorgia S ta te C o lleg e

2 7 ,6 6 1 .2 8

Real E state

1 3 ,9 2 0 .9 9

iUIAJU ijUAN JPUNUS

* 53U ,312.25

MISCELLANEOUS FUNDS Savings Account - A thens F e d e ra l Savings end Loan A sso c ia tio n TOTAL MISCELLANEOUS FUNDS
if
TOTAL TRUST FUND INVESTMENTS



5 ,1 0 8 .7 5



5 ,1 0 8 .7 5

2,803,820.21+

E arnings
1 ,5 1 3 ,7 7 9 .0 0 6 5 ,9 0 2 .8 5
1 7 8 ,0 5 9 .0 0
296, 066. 36* 50, 000.00
2 5 ,2 5 0 .0 0 *
2 ,1 2 9 ,0 9 7 .2 5
172,797.66
1 8 2 ,7 8 6 .6 0 * 6 0 ,6 0 1 .6 6 * 1 0 5 ,5 2 0 .5 8 3 7 ,0 7 6 .0 9 * 2 7 ,6 6 1 .2 8 *
* 590,1*83.91

* 5,108.75

*

5 ,1 0 8 .7 5

2 ,7 2 0 ,6 8 9 .9 1

* Fnds* TOlUe Sh0,m 68 b 0 k TalU ' s ln c e t h e s e a r e lo a n s on t h i s p r o p e r t y . H ot owned b y T r u s t

L

S ch ed u le E-2*-2

DETAIL OF ENDOWMENT FUNDS -GOVERNMENTAL BONDS For Year Ended June 30, 1950

R ate Of In terest

STATE AND MUNICIPAL BONDS

A thens, C ity of

A tla n ta , C ity of

i)ft

A tla n ta , C ity of

i+lz

Columbus, C ity o f

Wo

Columbus, C ity o f

1+1/

Columbus, C ity o f

5/

D ecatur, C ity o f

G eorgia, S ta te o f (C o n s titu tio n a l D ebt)

M arietta, C ity of

fO

M uscogee, County of

M uscogee, County of

Savannah, C ity of

Savannah, C ity of

Savannah, C ity of

TOTAL STATE AND MUNICIPAL BONDS

D ate Of

Book

M a t u r i t y ___________

5-1-52

7-1-50
7- I -56

2-1-53

9-1-5U

7-

1-50

9- 1-52

8- 1-51
1+-1-55
1+-1-56
12- 15-59 8- 1-55 2- 1-59

I

1,000*00 $

2,000*00

1 ,0 0 0 .0 0

1,000*00
5. 000. 00

6 .0 0 0 . 00
7 . 000. 00

1 0 0 ,0 0 0 .0 0

2 .0 0 0 . 00

U ,000.00

2 ,0 0 0 .0 0

1 ,0 0 0 .0 0

1 ,0 0 0 .0 0
27, 000.00 __

T557OO.QO $

M arket V alue
1 , 106.56
2 ,0 0 0 .0 0 1 ,1 1 6 .6 5 1 ,1 0 5 .0 7
5, 560.00
6 ,0 0 0 .0 0 7,71+6.55
2 ,2 0 7 .1*2
i+,L|J+6.92
2 ,2 3 0 .7 U 1,108.61+ 1 ,1 1 1 .0 9 3 0 ,2 0 3 .0 1 65,91+2.65

u. S . TREASURY BONDS
U. S. Treasury - S eries A U. S. T reasury - S eries D U. S. T reasury - S e rie s F U. S. T reasury - S eries F U. S. T reasury - S eries F U. S. T reasu ry - S e rie s G U. S. T reasury - S eries F U. S. T reasury - S eries G U. S. T reasury - S eries F U. S . T reasury - S eries F U. S. T reasury - S e rie s F U. S. T reasury - S eries G U. S. T reasury - S e rie s G U. S. Treasury - S eries F U. S. T reasury - S e rie s G U. S. T reasury - S eries F U. S. T reasury - S eries G U. S. Treasury - S eries F U. S. T reasu ry - S e rie s F U. S. Treasury - S eries G U. S. T reasury - S e rie s F . S. Treasury - S eries G U. S. Treasury - S eries F U. S. Treasury - S eries G U. S. Treasury - S eries G U. S. Treasury - S eries G U. S. T reasury - S eries F
U. S. T reasury - S eries F U. S. Treasury - S eries G U. S. Treasury - S eries G U. S. T reasury - S eries G U. S. T reasury - S e rie s G U. S. Treasury - S eries G U. S. Treasury - S eries E

l-l/8?6 Wo
2 .5 3 / 2 .5 3 / 2-53/
2* 2. 53/0
23/
2 .5 3 /
2. 53/ 2. 53Z
m Wo 2 .5 3 / 2 / li/ 2*

I- 1-51



6- 1-51

6- 1-55

7-

1-55

1 0 - 1-55
II- 1-55 11- 1-55 1- 1-56 2- 1-56 1+-1-56 6- 1-56 6- 30-56 7- 1-56
7- 1-56 12- 1-56 12- 1-56

1-

1-57

2-

1-57

5-

1-57

6- 1-57

6- 1-57

6- 1-57

8- 1-57

8 - 1-57
2- 1-58

7-

1-58

9-

15-59

12- 1-60

6- 1-61

6-15-62
6- 15- 72-67

12-15-72-67

12-15-53

9-15-55

ii+3, 500.00 $ ll+3,l+8L+.20

21, 900.00

2 1 ,9 0 2 .1 9

1 . 000. 00

81+8.00

1. 325.00 200.00

1,272.00 169.60

69. 000.

006 7 ,6 3 5 .7 0

50.00

1+1.71+

1+0, 000.00 50.00

38,200.00 I+1.10

1 .8 0 0 .0 0

l,6lii+.00

350.00

287.70

37. 000.

003 5 ,3 3 5 * 0 0

12, 1+50.00

11,890.00

200.00

16!+. 1+0

33. 600.00

31. 987.00

1. 000. 00 1. 000. 00

797.00 *91+7.00

38. 300.00

30, 525*00

175*00 1 ,2 0 0 .0 0

135*80
1, 138.80

100.00

7 7 .6 0

20,135*00

19. 108.00

50.00

3 8 .8 0

500.00

1+73*50

500.00

1+73*50

1+13, 250.00

3 8 8 ,6 8 2 .0 0

1+7, 000.00

35. i 96.79

71+0.00

71+2.00

1 0 0 .0 0 0 .

00 101, 320.00

3. 000. 00 5, 500.00

3. 000. 00 5*572.60

1+77. 250.00 1+83*51+9.70

2 .0 0 0 . 00 8 0 0 .0 0

2 .0 0 0 . 00
657.60

U . S . TREASURY BONDS (C o n t* d ) U. S. Treasury - S eries P U* S T r e a s u r y - S e r i e s G
TOTAL U. S . TREASURY BONDS

R ate of In terest
2 -3 /t <-2/

D ate o f M aturity
10-1-59
3- 1-61

TOTAL U . S . TREASURY & STATE A MUNICIPAL BONDS

Sohedule E -2-2

Book V alue

tfa rk e t V alue



71*0.00

767.OO

8i+, 690.OO

83, 673.72

1. 560, 355.00 1 . 513. 779.oU

1. 720. 355.00 1. 579. 721.69

DETAIL OP ENDOWMENT FUNDS - COMMON STOCKS For th e Year Ended June 30, 1950

Schedule E-2-3

COMMON STOCKS A m erican T elep h o n e A T e le g ra p h Company Bibb M an u factu rin g Company B lanchard A Booth Land Company o f F lo r id a Perkins H osiery M ill

60 shares
1+699 s h a r e s
share
5 shares
96 s h a r e s

Book V alue
$ 7.788*20
117, 1*75.00
1 .0 0 1.00 1 .0 0

M arket V alu e
8,895.00 l6 9 ,l6 1 + .0 0

TOTAL COMMON STOCKS

125, 266.20 1 7 8 ,0 5 9 .0 0

DETAIL OF LOAN FUNDS * GOVERNMENTAL BONDS For Year Ended Ju n e 30* 1950

R ate o f D ate o f In te re s t M aturity

Book V alue

S o h ed u le E-2-1+
M arket V alu e

U . S . TREASURY BONDS U. S. Treasury - S eries A U. S . T reasury - S e rie s D U. S. Treasury - S eries G U* S . T r e a s u r y - S e r i e s G U. S. T reasury - S eries G U. S. T reasu ry - S e rie s F U. S. T re a su ry - S e rie s G U* S* T r e a s u r y - S e r i e s G U. S* T r e a s u r y U. S. T reasury - S eries G U* S* T r e a s u r y - S e r i e s G
TOTAL

1-1/8% ip
2.53% 2M> 2^

1-1-51
6- 1-51
11-1-55
7- 1-56 12- 1-56
2-1-57
6- 1-57
7-1-58
9-15-59 12-15-67-72
3- 1-61

6, 500.00
1 ,1 0 0 .0 0 2 1 ,0 0 0 .0 0 1 2 ,5 5 0 .0 0 9.U 00.00 h ,700.00
1+, 865.00 10, 1+50.00 6, 000.00
81+,7 5 0 .0 0
I 5. 3IO.OO
1 7 6 ,6 2 5 .0 0

6,1+99.30 1 ,1 0 0 .1 1
20,581+. 30
1 1 ,9 8 5 .0 0
8, 91+9.00
3,71+6.00 1+,617.00 9 ,8 2 8 .7 6
l*,l*93.2l 8 5 ,8 6 8 .7 0 1 5 ,1 2 6 .2 8
1 7 2 .7 9 7 .6 6

DETAIL OF LOAN FUNDS - COMMON STOCKS For Year Ended June JO, 1950

S ch ed u le E-2-1+

COMMON STOCKS P i t t s b u r g P la c e r Gold Mine Company

200 sh ares

Book V alue
100*00

M arket V alue
.................. $

TOTAL COMMON STOCKS

100*00 I

STATEMENT OF RECEIPTS AND DISBURSEMENTS - TRUST FUNDS F o r Y ear Ended Ju n e 30 1950

Schedule E -2-5

RECEIPTS INVESTMENTS REALIZED Bonds S to o k s Real E state U . o f Ga* B ld g s . - Loans N orth Ga. C ollege - Loans 6 a. S ta te C ollege - Loans F r a t e r n i t y Homes - Loans S tudent N otes
TOTAL INVESTMENTS REALIZED

Endowment Fund

Loan Fund

M iscellaneous Fund

T otal

#156,650.00 $ 67,750.00

111, 568.00

29.00

111,000.00

270.26

23,371.55 1,750.00

23,333.U9 851.91
1,152.60 1,669.28

22.7Ul.19

*210,539.55 *117,797.73

$22U,U00.00 lU, 597.00 iU,270.26
U6,705. oU 851.91
1,152.60 3,U19.28
22,7U1.19 $328,137.28 W li

INCOME FROM TRUSTS

I n te r e s t on R eal E s ta te Loan

I n te r e s t on Bonds

* 1*5.576 .U7

D ividends on Stooks

7.956.3s

R en ts

3,626.18

I n t e r e s t - U . o f 6 a . B ld g s. - Loan S 9.582.97

I n te r e s t - N orth 6 a. C ollege - Loan

In te re s t - 6a. S tate C ollege-L oan In te r e s t - F ra te rn ity Loans

1.203.75

In te r e s t - S tudent N otes Los8 on S ale of Investm ents
TOTAL INCOME

- 12.86U.U6 $ 55,081.29

$ 162.7U 5,285.17 u ,705.52 255.50 5,656.62 1,137.81* 86U.U0 1,587.31 U,669.57
* 2U.32U.67

$ 162.7U # 108.75 50,970.39 S av in g s A ct,. 12,661.90
3,881.68
15,239.59 1.137.8U
86UUo 2,791.06 U,669.57 - 12,86U.U6
# 108.75 * 79.51it.7i

FUND TRANSFERS To From NET TRANSFERS
6IFTS NOTE RECOVERIES
TOTAL 6 1 FTS & RECOVERIES
TOTAL RECEIPTS
B a la n c e , J u l y 1, 19U9
TOTAL RECEIPTS AND BALANCES

* 10,551.75 $ 20.U83.62 $ 1,000.00 * 32.035.37

- 20.U83.62 - 10,551.75

- 31.035.37

#- 9,931.87 * 9,931.87 $ 1,000.00 $ 1,000.00

t 1U.337.31 $ 330.00
# 111,667.31 $

279.77 $30,261.32 $ UU,878.UO 330.00
279.77 $30,261.32 $ U5,208J|0

#270,156.28 152.33u.ou *31,370.07 *lt53,86o.39

- 3li,li+l.o6 100, 517.52 2,601.03 68,977.U9

236,015.22 *252,851.56 *33,971.10 $522,837*88

DISBURSEMENTS INVESTMENTS Bonds R eal E s ta te Loan F r a te r n ity House Loans
Student Loans TOTAL INVESTMENTS

$200,800.00 #200,800.00

* 13,900.00 lU, 191.25 5U,753.75 21.589.U7
$10U,U3UU7

$2lU,700.00
lU,191.25 5U,753.75 21,589.U7 305.23U.U7

EXPENSES OF TRUST S alary of T rustee
R epairs - Insurance

# 1,800.00

566.90

23.58

$ 1,800.00 590 .U8

-64-

5

49

Schedule E -2-5

- >4
>0 Ml
)0 >6 4
>U fi )i >0
>8
L9 i|
i "%

DISBURSEMENTS (C o n t d ) EXPENSES OF TRUST ( C o n t 'd ) P rizes - S ch o larsh ip s, etc M iscellaneous S tudent Notes Charged Off S tocks Charged O ff T ra n sfers to O ther Schools T ra n sfe r to U S Government T ran sfer to U niv. o f 6 a. - H e stric te d T ra n sfe r to U niv. o f Ga. - G eneral C o lle c tio n C osts TOTAL
TOTAL DISBURSEMENTS

Jk VM 59 )0 4 1
S8 59 m m

B alan c e, June 30 1950 TOTAL DISBURSEMENTS & BALANCES

Endowment Fund

Loan Fund

M iscellaneou s

Fund

T otal

1,1*52.08 $ 2 0 0 .0 0

$ 1,652.08

81.37
123.00 21*. 1*29 .25

1 7 .8 8 32, 11*6. 31* I 5O.OO 29.OO

32, 21*5.59 I 50.OO I 52.OO
2U,I+29.25

8, 650.00

2 ,1 2 6 .9 0

108.75

2, 235.65 8, 650.00

7 ,7 5 0 .0 0
231. 5I*

3, 391.92

7 ,7 5 0 .0 0
3, 623. 1*6

* l*3,28i+.li* 7 ,7 3 9 .2 8 32, 255.09 83, 278.51

$2l4f,08l+.li+ 1 1 2 ,1 7 3 .7 5 32, 255.09 $ 3 8 8 ,5 1 2 .9 8

- 8, 068.92 lJ+O,6 7 7 .8 1

1 ,7 1 6 .0 1 131*. 3214.90

$ 2 3 6 ,0 1 5 .2 2 $ 2 5 2 ,8 5 1 .5 6 33. 971.10 $ 5 2 2 ,8 3 7 .8 8

STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30, 1950

Schedule P

CURRENT FUNDS G eneral R estricted A uxiliary G eneral Extension TOTAL CURRENT FUNDS
AGENCY FUNDS
? FUNDS
' FUNDS M iscellaneous Endowment Loan
TOTAL TRU
TOTALS

Cash B alance R ece ip ts
J u l y 1, I 9J4.9 F o r Y ear

D isb u rse m e n ts T^ash B alan c e

For Year

Ju n e 30, I95O

$ 2 0 0 ,2 3 2 .2 8 3. 1*13. 350.11 3. 1495, 551.32 $ 1 1 8 ,0 3 1 .0 7

1 1 ,9 6 5 .5 6

370, 905.93

3 8 2 ,7 7 8 .1 5

93-31*

1 0 ,1 2 3 .5 5 1 .3 U 3 .7 0 2 .7 5 1, 156, 361*. 56

36, 901+.1+2 266, 795.81

2 5 5 .3 3 8 .0 5

197,1+61.71+ 1+8,362.18

259, 225.81 5 .3 9 U .7 5 U .6 0 $ 5 ,2 9 0 ,0 3 2 .0 8 $ 363, 91*8.33

239, 1*58.68 $ 8 7 5 ,7 U 6 .9 8 $ 9 1 8 ,5 5 1 .6 5 $ 196, 651+. 01

, 716.50 $ 91+0, 868.10 $ 318,270.1+1

,8 1 9 .8 7 $ 32, 70l+. 89 $ 1, 716.01

,6 2 0 .6 5

2i+5,5l+8.51

- 8, 068.92

25I+.8I

ll6,09l+ .52

11*0,677.81

695.33 39i4. 3u 7.92 13u . 32i4.90

9I 3.I+I 7, 5143. 799.75 1, 013, 197.65

Cash and I : . Gene 1
Trus { '

'A V

''

TOTAL

9nsion
869, 105.29 9, 767.146 $ 878, 872.75

$ 130,812.78

m ta

l,3 5 l+ .52

2, 157.60

13i4. 32i4.90

$ 1 ,0 1 3 ,1 9 7 .6 3

DISBURSEMENTS (C o n t d ) EXPENSES OF TRUST (C o n t d ) P rize - S cholarships, e tc . M iscellaneous S tudent Notes Charged Off S tocks Charged O ff T ra n sfers to O ther Schools T ra n sfe r to U, S. Government T ran sfer to U niv. o f 6 a. - R e stric te d T ra n sfe r to U niv. o f Ga. - G eneral C o lle c tio n C osts TOTAL
TOTAL DISBURSEMENTS
B alan ce, June 30 1950
TOTAL DISBURSEMENTS A BALANCES

Endowment Fund

Loan Find

Schedule E -2-5

M iscellaneou 3

Fund

T otal

t 1 , 1*52.08 $ 200.00

$ 1 , 652.08

81.37

17.88 32, 11*6. 31* 32, 21*5.99

150 .0 0

150.0 0

I 23.OO

29.0 0

152.0 0

2 k , 1*29.25

21+.1+29.25

8. 650.0 0

2, 126.90

108.75

2, 235.65 8. 650.00

7 .7 5 0 .0 0

7. 750 .0 0

231.5U

3. 391.92

3. 623.1+6

: i* 3 ,2 a + . 11* 7 ,7 3 9 .2 8 32, 255.09 1 8 3 ,2 7 8 .5 1

$2i+i+, 08U.11+ 1 1 2 ,1 7 3 .7 5 32, 255.09 $ 3 8 8 ,5 1 2 .9 8

- 8, 068.92 11+0,677.81

1 ,7 1 6 .0 1 13+.321+.90

$ 2 3 6 ,0 1 5 .2 2 252, 851.56 33. 971.10 $ 5 2 2 ,8 3 7 .8 8

STATEMENT OF CHANGES IN CASH BALANCES F or Y ear Ended Ju n e 30 1950

Schedule F

CURRENT FUNDS G eneral R estricted A uxiliary G eneral E xtension TOTAL CURRENT FUNDS
AGENCY FUNDS
PLANT FUNDS
TRUST FUNDS M iscellaneous Endowment Loan TOTAL TRUST FUNDS
TOTALS

Cash B alance R ece ip ts J u l y 1, 191+9 F o r Y ear

d is b u r s e m e n ts Jash B a la n c e

For Year

Ju n e 30, I 95O

200, 232.28 11, 965.56

3. 1+13, 350.11 370, 905.93

3. 1*95. 551.32
3 8 2 ,7 7 8 .1 5

$

118, 031.07 93. 31*

10, 123.55 1,3 1 * 3 .7 0 2 .7 5 1, 156, 361*. 56

36. 901+.1+2 266, 795.81

2 5 5 ,3 3 8 .0 5

197. 1*61. 71*
1*8,362.18

259, 225.81 5 .3 9 l* .7 5 l* .6 o $ 5 ,2 9 0 ,0 3 2 .0 8 $ 363,91*8.33

239,1*58.68 $ 875,71+6.98 $ 9 1 8 ,5 5 1 .6 5 $ 196, 651+.01

- 2 0 0 ,5 7 7 .9 9 $1,1+ 59,716.50 $ 91+0, 868.10 $ 318, 270. 1+1

$ 2, 601.03 - 3U .II+ I.O 6

$

3 1 ,8 1 9 .8 7
271, 620.65

$

32,701+.89 21+5,51+8.51

$

1, 716.01 - 8, 068.92

1 0 0 ,5 1 7 .5 2

1 5 6 ,2 5 ^ .8 1

116,091+. 52

11+0, 677.81

* 68,977.1+9 1*59. 695.33 39l*.3l*7.92 $ 13l+.32l*.90

$ 3 6 7 ,0 8 3 .9 9 $ 8 ,189,913.1+ 1 7 ,5 1 * 3 .7 9 9 .7 5 1.,013, 197.65

BANK BALANCES

Cash and Bank B alan ces:

G eneral, R e stric te d , A u x iliary , P lan t & Extension

N atio n al Bank o f Athens Cash on Hand T rust Funds

869,105.29 9767.1+6 $ 8 7 8 ,8 7 2 .7 5

N a tio n a l Bank o f A thens
C i t i z e n s <Sc S o u th e rn N a tio n a l B ank, A t l a n t a Cash on Hand

$ 130,812.78
l35l+.52
2. 157.60