0032 iifAVJV aS 0OCf tORc 4 S3A Arv2 3 y35j iya waS OCf fsVx sJoa 3 frn2 av2 tas AiaS t Cf tORC V ootfi sjO0y yn2 Ay52VV 255032 QavJ V3yo32 33 Torc CVvk a E 1 vj Voc ytOftc7 j nv2 vyo vn2i av3Xv 2M03y CJtiU xrRc iaS o oc7 uT2i g7T S K A JV yJiN S A55KfA Afte it j loiW OOCf toRc7 svjoa vw23Xr 0032 yZctOR Ar Cyj i ytoc7 yr J 5oiy jfejoa 1 n2i iojsy r yEsZ y Zp iotas O0 jcjlS VBOC SF U500 ZiSi FS T SVSX ANNUAL FINANCIAL REPORT UNIVERSITY SYSTEM OF GEORGIA For the Year Ended June 30 1952 Regents of the University System of Georgia 20 Ivy Street S E Atlanta I MEMBERS OF THE BOARD OF REGENTS OF THE UNIVERSITY SYSTEM OF GEORGIA June 30 1952 Term Expires Robert 0 Arnold Covington 1956 Charles J Bloch Macon 195V Cason J Callaway Hamilton 1958 Edgar B Dunlap Sr Gainesville 1959 Rutherford L Ellis Atlanta 195U Frank D Foley Columbus 1956 Roy V Harris Augusta 1958 Mrs William Healey Atlanta 1953 John J McDonough Atlanta 1957 C L Moss Calhoun 1959 James Peterson Soperton 1955 Frank M Spratlin Atlanta 1953 Francis Stubbs Douglas 1957 Carey Williams Greensboro 1955 H L Wingate Pelham 1951 Officers of the Board of Regents Robert 0 Arnold John J McDonough Harmon W Caldwell Henry King Stanford J H Dewberry L R Siebert Director of Plant Chairman ViceChairman Chancellor Assistant Chancellor and Business Operations Executive Secretary James A Blissit Treasurer TABLE OF CONTENTS 11 9 0 Letter of Transmittal 4 Summary a M 5 Consolidated Statements a is University System of Georgia General Activities 27 f The University of Georgia Summary a 35 o J2 The University of Georgia Consolidated a La 49 The University of Georgia Athens a 55 3 M O 52 c Agricultural Extension Service Athens a 99 0E Atlanta Division of the University of Georgia Atlanta 107 r o 0 c o u O Agricultural Experiment Station General 117 tu 3 5 Cu u College ExpfirimfliTfc Station Ahhflns 125 Sg fli u Georgia Experiment Station Experiment a 133 E w 3 ad Georgia Coastal Plain Experiment Station Tifton a 145 E 2 J s O O z c Georgia Institute of Technology Atlanta a aa 155 2 3 w W CQ 1 North Georgia College Dahlonega aa 187 5S W V fid oi CQ 3 Georgia State College for Vi omen Milledgeville Georgia Teachers College Statesboro a a 199 aa 213 O 0 0 o O u 1 Z i Valdosta State College Valdosta a u 223 o H Medical College of Georgia Augusta aaaaaaaaaaaa La 233 0 Si r Z Ul Georgia Southwestern College Amurious a 245 o Ik X h West Georgia College Carrollton 255 CQ A Middle Georgia College fioohran a 265 z 3 South Georgia College Douglas i 273 O CQ Abraham Baldwin Agricultural College Tifton La 283 Albany State College Albany aa 293 f Fort Valley State College Fort Valley a a 303 Savannah State College Savannah 317 TABLE OF CONTENTS Letter of Transmittal 4 Summary 5 Consolidated Statements 15 University System of Georgia General Activities 27 The University of Georgia Summary 35 The University of Georgia Consolidated 49 The University of Georgia Athens 55 Agricultural Extension Service Athens 99 Atlanta Division of the University of Georgia Atlanta 107 Agricultural Experiment Station General 117 College Experiment Station Athens 125 Georgia Experiment Station Experiment 133 Georgia Coastal Plain Experiment Station Tifton 145 Georgia Institute of Technology Atlanta 155 North Georgia College Dahlonega 187 Georgia State College for Yiomen Milledgeville 199 Georgia Teachers College Statesboro 213 Valdosta State College Valdosta 223 Medical College of Georgia Augusta 233 Georgia Southwestern College Amerious 245 West Georgia College Carrollton 255 Middle Georgia College Cochran 265 South Georgia College Douglas 273 Abraham Baldwin Agricultural College Tifton 283 Albany State College Albany 293 Fort Valley State College Fort Valley 303 Savannah State College Savannah 317 Chancellor Harmon W Caldwell University System of Georgia Dear Chancellor Caldwell I am submitting herewith the Annual Financial Report of the University System of Georgia for the fiscal year ended June 30 1952 This represents the fifth annual report that has been compiled to report the financial operations of the University System These reports are intended to form a comprehensive and permanent record of the finances of the system for the periods covered for the information and reference of all persons concerned or interested You will find a summary of the principal items of interest in this report on the next following pages The remainder of the report covers the detailed operations of the various institutions comprising the University System Respectfully submitted James A Blissit Treasurer December 11 1952 4 SUMMARY Scope of Report The Annual Report contained herein covers all financial operations of the University System for the fiscal year ended June 30 1952 This report is prepared in accordance with the standards recommended by the National Committee on Standard Reports for Institutions of Higher Education All statements and schedules are prepared on a cash receipts and disbursements basis with the exception of the balance sheets and statements of surplus which are prepared on a modified accrual basis Income from State Appropriation amounted to 12633000 as compared with 6270000 for 1950311 The following state appropriation was made to the University System for the year ended June 30 1952 For the cost of operating the State Board of Regents and for aid to the University System 6615000 For annual payment to University of Georgia for old bank stock item 8000 For the purchase maintenance and operation of mobile soil testing units 70000 For the cost of operating the State Soil Conservation Committee 25000 For the cost of use andor acquiring additions to plant and equipment for the University System from the University System Building Authority 500000 For aid to University System for maintenance and for new buildings plant and equipment 1985000 For completing the construction of the building housing the School of Veterinary Medicine and for acquiring equipment needed in the operation of the school 100000 Total Appropriation 12633000 The balance in the Regents Allotment account on July 1 1951 was 78288 During the year this account was increased by a state appropriation of 12633000 as referred to above and by the repayment of an advance to the University System Building Authority in the amount of 15000 making a total of 12726288 available for allocations Of this amount the Board of Regents approved allocations totaling 12366112 leaving an unallocated balance at June 30 1952 of 360116 The allocations approved by the Board were as follows University of Georgia Atlanta Division Agricultural Extension Service Agricultural Experiment Stations General Extension Service Georgia Institute of Technology North Georgia College Plant Additions Student Aid General and and Other Operations Improvements Purposes 1925000 051813 8000 150000 22000 650000 913000 176728 55ooo 1560000 177500 268000 90100 Total I275B783 172000 650000 1089728 55000 2037500 358loo Plant Additions Student Aid General and and Other Operations Improvements PurposesTotal Georgia State College for Women Georgia Teachers College Valdosta State College Medical College of Georgia Georgia Southwestern College West Georgia College Middle Georgia College South Georgia College Abraham Baldwin Agric College Albany State College Fort Valley State College Savannah State College Regents Central Office Graduate Scholarships for Negroes Regional Council for Education Soil Conservation Committee University System Building Authority Architect Plans Campus Development Plans Total Allocations t 159ooo 105500 561 500 270000 585oo 328500 118000 16618 191 618 55oooo 31 976 581976 90000 15366 135366 122000 13265 165265 91000 15 ooo 136000 111000 10900 151900 118000 89877 207877 225000 51250 276250 290000 161133 151133 mo ooo 98600 508600 72000 72000 116000 116000 36250 36250 25000 25000 973020 973020 161915 161915 29171 29171 8802000 3103892 160250 12366112 Total Income for 195152 amounted to 27712913 an increase of 53022131 over previous year The University System realized income during the year as follows This income is compared with that received during 195051 State Appropriation Internal Income For Educational and General Purposes For Auxiliary Enterprise Operations For Plant Additions and Improvements For Student Aid Total Income for Current and Plant Purposes Increase or 195051 195152Decrease 6270000 12633000 6363000 110318817 9951331 361 186 5272662 1 732325 510337 757571 212512 515029 71732 150715 78983 22690782 27712913 45022131 Expenditures for Current Operations and Plant Purposes totaled 25099791 an increase of 1985158 over 195051 Expenditures for current operations and plant additions and improvements as compared with the expenditures for 195051 were as follows 6 f 1 195051 195152 Increase or Decrease 1 1 For Educational and General Purposes For Auxiliary Enterprise Operations For Plant Additions and Improvements For Student Aid 15760821 1 723116 2112110 168226 17527380 ii 260 282 3019099 293030 l7U6559 162861 576959 12l 80i m 1 i 4 4 Total Expenditures 23lll333 25099791 1985158 Educational and General Income amounted to 18756331 an increase of ll2ff The income received during the year for Educational and General operations is compared below with the income received during the previous year n Increase or r 195051 195152 Decrease Student Fees Matriculation 32142320 197 2886699 lSk 355621 97 r NonResident Tuition 1596118 97 1305221 70 291227 182 Summer Session 853668 52 588910 31 26U758 310 l Other Fees 328101 20 300361 16 27710 85 Total Fees 6020537 366 5081191 271 939316 156 h 1 Gifts Grants Endowments 510108 31 562216 30 52108 102 Govt Other Than State 208230l 127 2096329 112 Hi 025 07 St Sales and Services 1571595 96 2089131 111 5lU536 327 I Other 131273 08 12516I 07 5809 kk if Total Internal Income 10318817 628 9951331 531 36UJU86 35 Wi State Appropriation 6109325 372 8802000 169 2692675 Ui Total Income 161281142 1000 18756331 1000 2328189 1U2 fv n L It will be noted that student fees produced 156 less income than for the pre vious year and that this source of income produced only 271 of the total income for Educational and General purposes during 195152 as compared with 366 for the previous year It must be noted that the above comparison is based on income received during the two years rather than the income earned The student fees actually earned during the two years are compared in the following table Matriculation NonResident Tuition Summer Session Other Fees Total Student Fees 195051 195152 Decrease 3162112 2796956 365156 116 l50li96li 1111272 363692 212 826769 752807 73962 89 327319 298961 28358 87 58211614 li989996 831168 ll3 7 The above statement of student fees earned indicates that the statement of student fees collected is misleading in comparing student fees for the two years For example the student fees collected for the summer quarter were 31 less than the fees collected for the summer quarter of 195051 whereas the fees earned were only 89 below those earned for the summer quarter of the previous year It will be noted that the total fees earned during 195152 were 11 3 below the fees earned during the previous year A look at the enrollment statistics for the two years wil explain this reduction After reducing the total enrollment to an equivalent full time basis the average equivalent full time enrollment during the fall winter and spring quarters of 195152 for the various units of the University System was 16501 students as compared with 19165 during the same period for the previous year or a decline in enrollment of 152 During the summer quarter of 1951 the enrollment was 12165 equivalent full time students as compared with 12977 for the previous year This represents a decline of 63 in the enrollment for the summer quarter The total enrollment for the academic year and the summer quarter of 5152 computed on an equivalent full time basis was 136 below the enrollment for 195051 Another significant change in the income for 195152 was in the amount collected from sales and services This increase was due in most part to the large increase in research services performed by the Experiment Station of the Georgia Institute of Technology Of the total increase 175118 was from that source Mention has previously been made of the large increase in the State Appropriation for 195152 As will be noted from the above 8802000 of the total State Appropriation was allocated for Educational and General purposes This represents an increase of 11 1 over the amount allocated for Educational and General purposes in the previous year It also represents 169 of the total Educational and General income received as compared with 372 of the total in 195051 Expenditures for Educational and General purposes amounted to 17527380 The expenditures for 195152 were 111 in excess of the amount expended during the previous year These expenditures are compared by function in the following table with the expenditures for 195051 Increase or 195051 195152 Decrease Adm and General 1136236 91 1 1556912 89 120706 81 Student Welfare 312036 22 315813 20 3807 11 Plant Operations 1618772 103 1806719 103 187977 116 Library 557810 35 659171 38 101661 182 Instruction 652ltW3 113 6887191 393 362718 56 Act Rel to Instruction 672169 I3 619537 37 22932 31 Research 2111 913 13I 2970737 169 855821 105 Agrie Extension 1671 517 106 1811709 103 137192 82 General Extension 839595 53 839198 18 397 Total 15780821 1000 17527380 1000 1716559 111 8 Educational and General Surplus increased to 1750309 The University System ended the fiscal year with an Educational and General surplus of 17503095 as compared with a surplus of 1125125 at June 30 1951 On an accrual basis as computed in the statement of surplus to be found later in this report income exceeded expenditures by 1207099 the Regents1 Allotment Account was increased by 281118 and 7660 was transferred from other funds resulting in a total increase in the surplus account of 1196207 Reductions were made in the surplus account totaling 1171323 leaving a net increase in the surplus account for the year of 32l881 The reductions in surplus were as follows 1060217 was transferred to Plant Funds surplus reserves were increased by 101550 and other adjustments amounted to 9526 The following summary of the Educational and General section of the balance sheet is given to compare the assets and liabilities as of June 30 1952 with those of the previous fiscal year Assets June 30 1951 June 30 1952 Cash on Hand and in Banks Investments Temporary Accounts Receivable Other Assets 13187U1 376198 713581 22337 2152971 1000 588376 12337 Total Assets 2130860 2751681 Liabilities and Surplus Accounts Payable Purchase Orders Outstanding Unearned Income Other Reserves Restricted Fund Balance Surplus 77756 123187 332158 128101 311 233 1125125 11 656 211883 211271 18633 157932 1750309 Total Liabilities and Surplus 2130860 2751i681 Of the accounts receivable at June 30 1952 255165 was due from the Veterans Administration for fees of veteran students 50819 was due from other governmental agencies and 217571 was due the Georgia Institute of Technology on research contracts Receipts from Auxiliary Enterprise Operations were 102 below receipts for previous year Receipts during 195152 from the operations of Auxiliary Enterprises amounted to 1 732325 as compared with receipts of 5272662 for the previous year Income earned during the year amounted to 1 706935 which represents a decrease of 9 as compared with 195051 The various sources of receipts for the past three years are compared in the following summary Dormitories Dining Halls Bookstore Apartments Other Total Receipts 191950 195051 195152 1037362 928952 885209 2359063 2176867 2 Oil 818 1922701 1598068 1275127 230511 216219 210728 317677 352526 316113 85897320 5272662 1 732325 Expenditures for Auxiliary Operations reduced by 162861 The AuxiliaryEnterprise expenditures for 19515 amounted to 41 260 282 as compared with 1 723116 for the previous year This represents a decrease in expenditures of 98 Outlined below is a comparison of expenditures for the last three years Dormitories Dining Halls Bookstore Apartments Other Total Expenditures 191950 195051 195152 712860 819512 687111 2191610 2119227 1977219 1186768 1292150 1210111 92118 171285 100897 308620 320672 281 6ll 1 825 006 7231146 1 260282 Auxiliary Enterprise Operations show a net income of 100015 Considered on an accrual basis as reflected in the statement of surplus found later in this report the income from operations exceeded expenditures by 100015 This was 288 lower than the net earnings for the previous year The surplus account was also increased by a reduction in surplus reserves of 99223 and surplus adjustments of 8150 making a total amount to be added to surplus from previous years of 507118 During the year 353069 was transferred from surplus to Plant Funds and 1833 was transferred to other funds This resulted in a net increase in the surplus account of 119516 resulting in a surplus at June 30 1952 of 930019 as compared with 780503 at June 30 1951 Income for Student Aid amounted to 302965 During the year income for Student Aid was received in the amount of 302965 as compared with 17l706 for the previous year Of this amount 152250 was allocated by the Board of Regents from the State Appropriation 116000 for scholarships to Negro students attending institutions other than units of the University System and 36250 for the Southern Regional Education Board Listed below are the sources from which this income was received as compared with the previous year 195051 195152 Endowment Income 5261 18815 Gifts and Grants 66170 131870 State of Georgia 102975 152250 Total Income 171 706 302965 10 1 i Itfv VA I il Expenditures for Student Aid amounted to 293030 0 the year29330 Has emended for student add as compared with the previous year This amount is compared with the expenditures for 195051 in the following summary r 195051 195152 r Fellowships 8892 20101 Scholarships 130137 223113 PJ 4 Other 29197 19213 I Total Expenditures 168226 293030 Included under Scholarships above is 8830 for 195051 and 120718 for ended for scholarships for Negro students Included under Other is d 19595l and 36250 for 195152 paid the Southern Regional Education Board as the cost of Georgias participation in this program Agency Funds were held amounting to 635137 The System held Agency Funds at June 30 1952 having a total fund balance of 635137 This was composed of funds received and held by various units as custodians and consisted mostly of unexpended student activity fees funds of student organizations and fund deposited with the institutions by students for safekeeping Endowment Fund Assets increased to 3815973 The University System held Endowment Fund Assets at June 30 1952 in the tnff37oonP ThJsJamt consisted of cash i6268s and investments 37997 5 Listed below is a summary of the investments as compared with the investments at June 30 1951 June 30 1951 June 30 1952 U S Government Bonds Other Bonds Preferred and Common Stock Real Estate Real Estate Mortgages University System Buildings Other Investments Total 1675500 155850 314159 127529 30057 1180161 10303 3213559 1570850 807000 13663 127529 21750 1211196 11 717 3799705 Of the above assets 17558 was due to other funds 29156 was reserved for the purpose of trust and 3798959 represented fund balances This represents n inJea 63623 in balances as compared with the fund balance at June 1951 ii Student Loan Fund Assets amounted to 1212161 The total assets of Student Loan Funds at June 30 1952 amounted to 1212l6l This amount was composed of cash 115971j student notes receivable 19l960 due from other funds 17221 and investments 8i009 The investments as compared with those at June 30 1951 were as follows June 30 1951 June 30 1952 U S Government Bonds Other Bonds Real Estate Real Estate Mortgages University System Buildings Other Investments Total 366981 63900 1366 62151 30U287 1238 826528 U57059 11750 13150 7U358 286635 11057 851 009 The fund balances at June 30 1952 amountedto 1212161 which represents an increase of 50617 over the fund balance at June 30 1951 Income for Plant Additions and Improvements amounted to 3616135 During the year ended June 30 1952 the University System received income in the amount of 3616131 for plant purposes Of this amount 303892 was allocated by the Board of Regents from the State Appropriation 182231 was from Gifts and Grants and 60308 was from other sources In addition to the income referred to above Educational and General Funds in the amount of 1060217 and Auxiliary Enterprise Funds in the amount of 353069 were transferred to Unexpended Plant Funds for plant purposes Plant Fund Expenditures amounted to 3019099 Plant Fund expenditures for the year ended June 30 1952 were as follows Plant Additions Land 113197 Buildings 1121086 Improvements Other Than Buildings 135110 Equipment 119307 Debt Service Building Authority Rentals Other Expenditures 1188730 217968 973020 309381 Total 3019099 The Plant Fund activities would not be complete without a look at the activities of the University System Building Authority The Authority is not a part of the University System therefore its financial operations are not included as a part of this report The Authority issues bonds using the proceeds for the construction of buildings on the campus of units of the University System and upon completion leases the buildings to the University System The University System will pay rent 4 r t If 1 U ill jy I 9 V f vv A m 12 R ft V Y Kjfe If H K 1 p k i ll f U t I I ii i iy J v 5 on these projects for a period of thirty years after which time the buildings become the property of the University System As of June 30 1952 the Building Authority had issued bonds totaling 13000000 of which 12600000 were outstanding Sixteen projects with an estimated total cost of 12028000 were under construction during the year At the end of the year several projects were substantially completed and had been occupied As of June 30 1902 6302163 had been expended in the construction of these projects and the Authority held funds in the amount of 7023691 for the completion of these projects and for the construction of additional projects As will be noted above the University System paid 973020 to the Building Authority during 195152 as rentals for the use of these facilities Unexpended Plant Fund Balances amounted to 3386313 at June 30 1952 Unexpended Plant Funds had assets at June 30 1952 totaling 3516985 This amount was composed of cash 25121915 and temporary investments 1031191 Of these assets 1320 was due to other funds 159322 was reserved for sinking fund purposes as required under the terms of a trust indenture for the retirement of bonds issued by the Board of Regents for the benefit of the Georgia Institute of Technology and 3386313 represented unexpended fund balances A Total of 51500532 invested in Plant as of June 30 1952 The University System had an investment in physical plant assets at June 30 1952 in the amount of 51500532 This represents an increase of 2290097 over the investment at June 30 1951 The investment in plant as compared with that at June 30 1951 is summarized as follows June 30 1951 June 30 1952 Land 3151111 Buildings 29620609 Improvements Other Than Bldgs 3101953 Equipment 13333132 3261 969 30669035 3263235 11303293 Total 19210135 51500532 During 195152 91000 of Series nV Georgia Institute of Technology Revenue Bonds were retired leaving a balance of 2599000 outstanding at June 30 1952 398000 at 22 1709000 at 2f and 192000 at 2 with maturity dates to May 1 1978 In addition to the bonded indebtedness referred to above at June 30 1952 a total of 1500831 was due to Endowment and Student Loan Funds for amounts invested in revenue producing projects at various units of the University System This amount is being amortized over a period of years from the net revenues of the projects financed by these loans This amount is invested in plant assets of the following units Vv H m 13 University of Georgia Georgia Institute of Technology North Georgia College Georgia State College for Women Fort Valley State College Savannah State College Total 1022557 261358 35295 1UU1U1 11006 26U7U Is 500831 With a total investment in plant of 51500532 against which tends were outstanding in the amount of 2599000 and 1500831 was due to Endowment and Student Loan Funds the University System had a net investment in plant of U7U00701 at June 30 1952 General Comments On the following pages of this report will be found various consolidated statements relating to the years operations statement of Educational and General andAuxiliary Surplus and ihe assets and liabilities of the University System at June 30 1952 In addition to the consolidated statements detailed financial reports relating to the operation of the individual units of the University System may be found in this report 14 UNIVERSITY SYSTEM OF GEORGIA CONSOLIDATED BALANCE SHEET June 30 1952 4 i r Assets v I CURRENT FUNDS 4 A GENERAL Cash on Hand and in Banks 175260175 Accounts Receivable 53176273 A 4 Due from Other Funds 1233686 TOTAL GENERAL FUNDS B RESTRICTED 4 Cash on Hand and in Banks 10031961 Accounts Receivable Investments Temporary TOTAL RESTRICTED FUNDS 5661278 100000 C AUXILIARY r Cash on Hand and in Banks 891 72069 A Investments Temporary 10000000 Accounts Receivable 8577006 Stores Inventories 37513297 1 Due from Other Funds 131991 V vd TOTAL AUXILIARY FUNDS 14 TOTAL CURRENT FUNDS II AGENCY FUNDS 4 Cash on Hand and in Banks Notes Receivable Investments Temporary Vvt TOTAL AGENCY FUNDS V III ENDOWMENT FUNDS Cash on Hand and in Banks A Investments U S Government Bonds 157085000 Other Bonds 80700000 Preferred and Common Stock 1366271 4 Real Estate 12752911 Real Estate Mortgages 2175000 University System Buildings 1211 19573 Other Investments 11 71732 TOTAL ENDOWMENT FUNDS B 229675131 15793212 115721363 62686012 685275 1121 50 U21192739 63513737 1626793 379970517 381597310 h IM 15 IV STUDENT LOAN FUNDS Cash on Hand and in Banks Student Notes Receivable Due from Other Funds Investments U S Government Bonds Other Bonds Real Estate Real Estate Mortgages University System Buildings Other Investments 1U597083 19U95970 1722118 U5705875 1175000 1311975 7U3580U 286635 W 110576U 85UOQ962 TOTAL STUDENT LOAN FUNDS 121216133 4 if V PLANT FUNDS A UNEXPENDED Cash on Hand and in Banks Investments Temporary 25l2U9iull 103UU9093 TOTAL UNEXPENDED PLANT FUNDS 35U69850U B INVESTED IN PLANT Land Buildings Improvements Other Than Equipment 326U96870 3066903551 Bldgs 326323U8U lU30329329 TOTAL INVESTED IN PLANT TOTAL PLANT FUNDS TOTAL ASSETS 515005323U 550U751738 6U95271657 4 f 16 UNIVERSITY SYSTEM OF GEORGIA CONSOLIDATED BALANCE SHEET June 30 1952 Liabilities Surplus and Fund Balances CURRENT FUNDS A GENERAL Accounts Payable Res for Purchase Orders M65571 Outstanding 21188250 Reserve for Unearned Income 21127083 Other Reserves 1863311 Unappropriated Surplus 175030919 TOTAL GENERAL FUNDS 229675l3l B RESTRICTED Fund Balances i It57932li2 TOTAL RESTRICTED FUNDS 15793212 C AUXILIARY Accounts Payable 51 01119 Due to Other Funds Res for Purchase Orders 1200000 Outstanding 1276221 Reserve for Unearned Income 5720061 Reserve for Stores 37513297 Other Reserves 1578750 Unappropriated Surplus 93001912 TOTAL AUXILIARY FUNDS 115721363 TOTAL CURRENT FUNDS AGENCY FUNDS Fund Balances TOTAL AGENCY FUNDS ENDOWMENT FUNDS Due to Other Funds Reserve for Purpose of Trust Fund Balances 21192739 63513737 63513737 1755801 2915612 379895891 TOTAL ENDOWMENT FUNDS 381597310 STUDENT LOAN FUNDS Fund Balances 121216133 TOTAL STUDENT LOAN FUNDS 121216133 V PLANT FUNDS A UNEXPENDED Due to Other Funds 131991 Reserve for Sinking Fund 15932219 Fund Balances 33863ii29U TOTAL UNEXPENDED PLANT FUNDS 35U69850ii B INVESTED IN PLANT Loans Payable to Endowment Funds Loans Payable to Student Loan Funds Bonds Payable Investment in Plant 121U19573 286635Uii 259900000 U7li0070117 TOTAL INVESTMENT IN PLANT 515005323U TOTAL PLANT FUNDS 55OU751738 TOTAL LIABILITIES SURPLUS AND FUND BALANCES 695271657 18 UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF AVAILABLE FUNDS AND APPLICATION OF FUNDS FOR CURRENT AND PLANT PURPOSES For Year Ended June 30 1952 AVAILABLE FUNDS Cash Balance Including Temporary Investments July 1 1951 General Restricted Auxiliary Plant Regents Allotment Account Income State Appropriation Internal Income Educational and General Auxiliary Enterprises Student Aid Plant 995133017 173232529 15071511 21251235 129621811 32061506 86571511 110877UU8 7828816 1263300000 1507991325 IT Total Income NonIncome Loan from Endowment Funds Repayment of Advance to Building Authority Other Items TOTAL AVAILABLE FUNDS 9755956 1500000 835360 APPLICATION OF FUNDS Expenditures Educational and General Auxiliary Enterprises Student Aid Plant 1752737971 U26028182 29303025 3501909936 NonExpense Transfer to Univ of Ga Endowment Funds Cash Balance Including Temporary Investments June 30 1952 General Restricted Auxiliary Plant Regents Allotment Account TOTAL FUNDS APPLIED 139250567 10131961 991 72069 351698501 36011608 li 396961188 2771291325 12091316 3180316829 2509979117 800000 669567712 3180316829 id 19 UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF CURRENT SURPLUS June 30 1952 EDUCATIONAL AND GENERAL Surplus July 1 1951 11425147532 Additions Excess Income Over Expenditures 1 Current Income Realized 18 171 00559 Add Balance Payable to Institutions On It State Appropriation 285321 88 4 Decrease in Unearned Income 120886 88 10621176 1887721735 Deduct Decrease in Accounts Receivable 12520810 Current Income Earned 1875200895 Pp Deduct Current Expenditures Cash Expenditures 17527379714 M Add Increase in Accounts Payable 1753052 Current Expenditures 175141491026 120709869 Increase in Regents Allotment Account 28111762 P Transfer from Other Funds 766013 h Surplus July 1 1951 Plus Additions 292163176 Deductions Transfer to Plant Funds 106021687 Increase in Surplus Reserves 10155039 Transfer to Other Funds 162717 Surplus Adjustments 789811 117132257 Nig Surplus June 30 1952 175030919 AUXILIARY ENTERPRISES Surplus July 1 1951 78050282 Additions Excess Income Over Expenditures Current Income Realized 473232529 Deduct Decrease in Accounts Receivable 1911712 Increase in Unearned Income 621286 2538998 Current Income Earned 1470693531 Deduct Current Expenditures Cash Expenditures 1 26028182 H pi Add Decrease in Inventories 7007253 U330351w35 Deduct Decrease in Accounts Payable 23146421 Current Expenditures 1 3O6 89Oll 10001517 Decrease in Surplus Reserves 9922265 Surplus Adjustments 15020 Surplus July 1 1951 Plus Additions 128792081 4 Deductions y Transfer to Plant Funds 35306876 Transfer to Other Funds 483296 35790172 Surplus June 30 1952 93001912 20 6 SENIOR UNITS University of Georgia Athens Atlanta Division General Extension Agricultural Experiment Stations Agricultural Extension Service Georgia Institute of Technology North Georgia College Georgia State College for Women Georgia Teachers College Valdosta State College TOTAL SENIOR UNITS MEDICAL UNITS Medical College of Georgia JUNIOR UNITS Georgia Southwestern College West Georgia College Middle Georgia College South Georgia College Abraham Baldwin Agr College TOTAL JUNIOR UNITS NEGRO UNITS Albany State College Fort Valley State College Savannah State College TOTAL NEGRO UNITS GENERAL Central Office Soil Conservation Committee TOTAL GENERAL GRAND TOTAL UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF EDUCATIONAL AND GENERAL EXPENDITURES For Year Ended June 30 1952 Administrative Student and General Welfare Physical Plant Library Instruction Activities Related to Instruction Research Extension Total Expenditures 22590444 10684678 39529499 23797917 192084861 18595410 20109237 327392046 12762186 1823612 10740295 9582638 70197165 105105896 3098820 136150 14198301 3170468 10106035 30709774 10275082 5889565 1168851 36586255 131153474 185073207 10517012 181170949 191687961 28353622 9713116 55533346 12702427 174751057 132728715 44097210 457879493 4511721 2254427 8521796 1826038 17889087 25782 35028851 7101904 2779194 9597897 3275038 37088297 219114 2176575 62238019 4977497 541479 5764056 2275550 27505638 632119 41696339 3933349 959493 3218796 1176460 11770113 21058211 108121657 28755999 138931400 55804899 545484519 39756723 282722495 258292125 1457869797 5005677 5747504 1040599 37523275 19390751 14116041 131185 82955032 2920473 442557 2556121 431322 4116344 10466817 2628947 166190 3214075 623478 7625156 104271 14362117 2627150 137500 2463522 552260 5011314 10791746 2671728 559075 2158937 516998 7231190 13137928 2312407 404916 2817535 529521 6047747 3867591 852099 16831816 1 13160705 1710238 13210190 2653579 30031751 3867591 956370 65590424 5413945 1071906 3663878 1560123 15410427 27120279 5863958 1059377 8163685 2405773 25169296 1938683 235111 3274219 48110102 8760995 1986773 10958205 2482414 35099818 344879 596133084 20038898 4118056 22785768 6448310 75679541 1938683 255111 3619098 134863465 9367290 9367290 2091966 2091966 9367290 2091966 11459256 155694207 34584293 180674862 65947387 688719086 64953748 297073647 265090744 1752737974 21 UNIVERSITY SYSTEM OF STATEMENT OF EDUCATIONAL AND For Year Ended June GEORGIA GENERAL INbOME 30 1952 STUDENT FEES Gifts Government Sales Total Less Allotment NonResident Summer Grants Other Than and Internal State unpaid at Total Matriculation Tuition School Other Endowment Allotment Services Other Income Allotment End of Yr Income SENIOR UNITS University of Georgia Athens 669959jo7 31397307 17358602 7091446 19048955 23116265 8704360 3998187 177711029 192500000 9680824 360530205 Atlanta Division 44338960 22551900 11860974 1390963 80142797 45000000 1951997 123190800 General Extension 20449037 8262017 1294221 30005275 5500000 2666218 32839057 Agricultural Experiment Station 9322321 37992442 66231300 1546627 115092690 91300000 6784Ul 205714289 Agricultural Extension Service 4362657 126231433 130594090 65000000 195594090 Georgia Institute of Technology 89098446 66690413 5103999 6841753 6363887 1720710 126721143 2696087 305236438 156000000 461236438 North Georgia College 72668i71 414631 1783277 736295 160000 6042 10367116 26800000 624777 36542339 Georgia State College for Women 7806432 307164 4953510 1381710 20U000 7870686 659388 23178890 45900000 3992997 65085893 Georgia Teachers College 6916734 1214995 5931612 986317 2982500 451214 18483372 27000000 2702442 42780930 Valdosta State College 5108803 736886 832252 871261 20105 7569307 148000U0 868059 21501248 TOTAL SENIOR UNITS 2479811490 123313296 47824226 26170799 39457820 199914036 202957066 10762571 898381004 669800000 23165715 1545015289 MEDICAL Medical College of Georgia f 13657188 49500 16535129 250000 1165237 57180 31714234 55000000 86714234 JUNIOR UNITS Georgia Southwestern College 1 1362050 78315 98785 177990 138387 1855527 9000000 404241 10451286 West Georgia College 2199375 302194 342570 309604 144371 194947 3493061 12200000 1152443 14540618 North Georgia College 1288000 240000 62000 180000 200000 1970000 9100000 11070000 South Georgia College 2011161 472687 322099 2805947 11100000 1007414 12898533 Abraham Baldwin Agr College 19556470 133552 346166 180175 2997467 134972 5748002 11800000 17548002 TOTAL JUNIOR UNITS 8816256 1226748 849521 1169868 144371 2997467 668306 15872537 53200000 2564098 66508439 NEGRO UNITS Albany State College 4140927 522340 1987769 5 63558 12000 7226594 22500000 1121843 28604751 Fort Valley State College 6348625 1686746 3212637 1073360 228618 6758792 1680080 261532 21250390 29000000 50250390 Savannah State College 7725650 3772997 5016850 1009006 2565710 113209 781466 20984888 41000000 61984888 TOTAL NEGRO UNITS 182152402 5982083 10217256 2645924 228618 9324502 1793289 1054998 49461872 92500000 1121843 140840029 GENERAL Central Office 3400 3400 7200000 7203400 Soil Conservation Committee 2500000 1680832 819168 TOTAL GENERAL 3400 3400 9700000 1680832 8022568 GRAND TOTAL L2 88669836 130522127 58891003 30036091 53221567 209632909 208913059 12546455 995433047 880200000 28532488 1847100559 22 V2 UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF CURRENT AUXILIARY INCOME For Year Ended June 30 1952 Dormitories Dining HallsBookstoreApartmentsOther Total Senior Units University of Georgia Athens 282807U5 398141389 33603799 148555914 106581527 Atlanta Division 17l4l4l4631 60238514 2314681485 Georgia Institute of Technology 27257226 51597257 1466621459 171461221 101402132 153380295 North Georgia College 1918372 150814667 52142810 1628301 14205708 31109858 Georgia State College for Women 7580311 23162629 2311726 10U6250 3591816 37695762 Georgia Teachers College 3758593 114116350 3998879 820128 22693950 Valdosta State College 1696555 69871471 1367732 620055 10671813 Total Senior Units 73521802 150789763 110632036 20135772 30522317 385601690 Medical Medical College of Georgia 1232977 U232977 Junior Units Georgia Southwestern College 10276214 3795001 976061 33855U 61372140 West Georgia College 16U9322 14808536 9332146 1030395 814211499 Middle Georgia College 1635000 2617500 1179008 51431508 South Georgia College 1318738 137598 1213311 352505 7290505 Abraham Baldwin Agr College 1736335 6813880 11614077 320838 10035130 Total Junior Units 7367019 221410865 51i 95706 338551 1703738 37315882 Negro Units Albany State College 2227026 69714967 1020167 10222160 Fort Valley State College 2898769 11901886 2951693 598185 627075 18977908 Savannah State College 2506267 9l4Ol433U 32101014 1761207 16881912 Total Negro Units 7632062 28281187 71819614 598185 2388282 146081980 GRAND TOTAL 88520883 2011481815 127512683 21072811 3146114337 1473232529 UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF CURRENT AUXILIARY EXPENDITURES For Year Ended June 30 1952 Dormitories Dining Halls Bookstore Apartments Other Total Senior Units University of Georgia Athens 22317981 11551551 31552571 5206126 100631232 Atlanta Division 13839266 2295306 16131572 Georgia Institute of Technology 18858321 52891881 17213360 8129331 9218882 136371781 North Georgia College 3016083 11019137 1611210 11311402 3001209 25782011 Georgia State College for Women 59071 11 19898903 2360791 261661 3101689 31533191 Georgia Teachers College 3786639 12956716 3972061 1058616 21771092 Valdosta State College 2512lt51 5559676 1239938 331076 9616111 Total Senior Units 56398925 1 16880897 101822197 9522397 212189314 311873350 Medical Medical College of Georgia 3226370 3226370 Junior Units Georgia Southwestern College 811550 31 71319 10314797 216058 5536721 West Georgia College 1267893 5111503 817259 10011418 8501103 Middle Georgia College 1712832 2721782 1079076 5516690 South Georgia College 1351270 1375877 1115958 288681 7131789 Abraham Baldwin Agr College 1503078 6613131 1161713 197719 9508671 Total Junior Units 6679623 22626615 5211803 216058 li 90881 36221980 Negro Units Albany State College 1770802 7378698 1153897 10303397 Fort Valley State College 2009965 12009285 3253306 351205 939917 18563678 Savannah State College 1881825 8826378 3316511 1781690 15836I 07 Total Negro Units 5662592 28211361 7753717 351205 2721607 11703l 82 68711110 197721873 121011087 10089660 2816ll22 1 26028182 GRAND TOTAL UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF INCOME FOR STUDENT AID For Year Ended June 30 192 im fi H Senior Units University of Georgia Georgia Institute of Technology Georgia State College for Women A if Negro Units Fort Valley State College Jx General Activities j WR Graduate Scholarships for Negroes Regional Council for Education Totals Gifts State Endowment Grants Allotment 120969 18791497 1245036 111275114 5181498 100000 80000 11600000 3625000 18 814503 Ii3i5870il 15225000 vw STATEMENT OF EXPENDITURES FOR STUDENT AID For Year Ended June 30 1952 Fellowships Scholarships Other f yi Senior Units University of Georgia Georgia Institute of Technology X Georgia State College for Women Negro Units Fort Valley State College General Activities Graduate Scholarships for Negroes Regional Council for Education Totals 20140388 2010987 7728972 hh9h96 79999 120718214 101687 11914672 3625000 20140388 223U1278 4921359 Total 20001466 12372550 6181498 80000 11600000 3625000 302965114 Total 211267U 109614032 l4U9l496 79999 120718214 3625000 29303025 25 UNIVERSITY SYSTEM OF GEORGIA STATEMENT OF UNEXPENDED PLANT FUND EXPENDITURES For Year Ended June 30 1952 Plant Additions Buildings and Additions Improvements Other Than Land Equipment Debt Service Other Senior Units University of Georgia Atlanta Division Agr Exp Station Agr Extension Service Georgia Institute of Tech North Georgia College Ga State Col for Women Georgia Teachers College Valdosta State College Medical Medical Col of Georgia Junior Cxa Southwestern College West Georgia College Middle Georgia College South Georgia College Negro Albany State College Fort Valley State College Savannah State College General Campus Development Plans Architecture Fees Building Authority Rentals Total 15111767 2291182 1502179 5062219 6051575 60022222 591037 10792108 11383185 6186000 236377141 1717261 1239706 32780711 3001562 3001562 36335c 18693531 6267909 6360076 18878382 21 22822 18582030 3037121 91760 198975 1153803 11 81659 700000 2816851 150000 93560 710553 1197333 5728300 136563 519717 332817 27500 1016627 619261 1789892 2809156 808868 808868 1172602 11332 92765 1805231 3111933 310719 1 87072 10000 687350 1525111 18500 1390005 11 38505 879210 337991 1217231 ge 139IOOj 591097 16915 507960 638190 3588192 312365 99371 120519 1785918 2388203 1512270 1315532 102316 118976 3019091 573000 1233777 987876 2213011 201700 1262911 9172275 569687 569687 8111369 8111369 97302023 97302023 11319657 112108579 13511038 11930711 21796765 1 28210186 301909936 Totals REGENTS ALLOTMENT ACCOUNT AND GENERAL ACTIVITIES FINANCIAL REPORT FOR THE YEAR ENDING JUNE 30 1952 27 BALANCE SHEET June 30 1952 ASSETS I CURRENT FUNDS A GENERAL OPERATING FUNDS Cash in Bank Accounts Receivable Bd of Regents B REGENTS ALLOTMENT ACCOUNT Cash in Bank TOTAL CURRENT FUNDS II PLANT FUNDS Cash in Bank Temporary Investments TOTAL PLANT FUNDS TOTAL ASSETS 1372798 1680832 3053630 6U5U7996 67600726 11U60566 50000000 6lU60566 129061292 LIABILITIES I CURRENT FUNDS A GENERAL OPERATING FUNDS Surplus Central Office Soil Conservation Graduate Education TOTAL CURRENT OPERATING FUNDS B REGENTS ALLOTMENT ACCOUNT Allotments Payable Surplus TOTAL REGENTS ALLOTMENT ACCOUNT TOTAL CURRENT FUNDS II PLANT FUNDS Fund Balance Campus Development Plans Ilah D Little Funds Architects Fees TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS 625U77 2018703 U 09i5o 3053630 28532188 360lU608 6U5sU7096 67600726 2525855 5085U580 8080131 6lU6o566 129061292 28 REGENTS ALLOTMENT ACCOUNT STATEMENT OF RECEIPTS AND DISBURSEMENTS For Year Ended June 30 1952 RECEIPTS State Appropriation General Appropriation Act of 1951 Section 9 a For the cost of operating the State Board of Regents and for aid to the University System 661500000 For annual payment to University of Georgia for old bank stock item For the purchase maintenance and operation of mobile soil testing units For cost of operating the State Soil Conservation Committee Section 9 b For the cost of use andor acquiring additions to plant and equipment for the University System from the University System Building Authority Section 51 c For aid to University System for maintenance and for new buildings plant and equipment 198500000 Section 51 v For completing the construction of the building housing the School of Veterinary Medicine and for acquiring equipment needed in the operation of the school 10000000 Total State Appropriation 1263300000 Repayment of Advance to Building Authority 1500000 8000u00 7000000 2500000 50000000 TOTAL RECEIPTS DISBURSEMENTS 12 6i800000 Payment on Allotments for Educational and General Operation Payment on Allotments for Plant Additions and Improvements Payment on Allotments for Other Purposes 851667512 3U0389238 16025000 TOTAL DISBURSEMENTS 1208081750 Excess of Receipts Over Disbursements Cash Balance July 1 1951 56718250 7828816 Cash Balance June 30 1952 61517096 29 REGENTS ALLOTMENT ACCOUNT STATEMENT OF ALLOCATIONS BY BOARD OF REGENTS For Year Ended June 30 1952 Senior University of Georgia Atlanta Division Agr Extension Service Agr Experiment Stations General Extension Service Ga Institute of Technology North Georgia College Ga State College for Women Georgia Teachers College Valdosta State College Medical Medical College of Georgia Junior GafSouthwestern College West Georgia College Middle Georgia College South Georgia College Abraham Baldwin Agr College Negro Albany State College Ft Valley State College Savannah State College General Activities and Other Regents Central Office Graduate Scholarships for Negroes Regional Council for Education Soil Conservation Committee University System Building Auth Architects Fees Campus Development Plans Total Allocations Less Amount Unpaid at End of Year Educational Plant and General Additions and ODerations Improvements Other Total 192500000 15000000 65000000 913000 00 5500000 156000000 268000 00 15900000 270000 00 11800000 65181300 2200000 17672800 17750000 9010000 10550000 5850000 1661800 800000 258181300 17200000 65000000 108972800 5500000 203750000 35810000 561 50000 32850000 19161800 55000000 3U97600 581 97600 90000 00 12200000 91000 00 11100000 11800000 1536600 1326500 1500000 1090000 8987715 13536600 16526500 13600000 15190000 20787715 225000 00 290000 00 11000000 5125000 16113300 9860000 27625000 15113300 50860000 7200000 11600000 3625000 7200000 11600000 3625000 2500000 97302023 16191500 2917100 2500000 97302023 16191500 2917100 880200000 3U0389238 16025000 1236611238 28532k88 285321 88 851667512 310389238 16025000 1208081750 Total Payments on Allocations GENERAL ACTIVITIES STATEMENT OF INCOME For Year Ended June 30 1952 I CURRENT A EDUCATIONAL AND GENERAL Governmental State of Georgia Regents Central Office State Soil Conservation Committee Less Amt Unpaid at End of Year TOTAL GOVERNMENTAL Other Sources Miscellaneous Receipts TOTAL EDUCATIONAL AND GENERAL INCOME 3 OTHER NONEDUCATIONAL Governmental State of Georgia Graduate Scholarships for Negroes Regional Council for Education TOTAL OTHER NONEDUCATIONAL INCOME TOTAL CURRENT INCOME II PLANT FUNDS Governmental State of Georgia Campus Development Plans University System Building Authority Rentals Architects Fees TOTAL GOVERNMENTAL Other Interest on Temporary Investments TOTAL PLANT FUNDS INCOME TOTAL INCOME 2500000 1680832 7200000 819168 8019168 3ii00 802268 11600000 3625000 15225000 232147568 2917100 97302023 16191500 116110623 501616 116912239 110189807 31 GENERAL ACTIVITIES STATEMENT OF EXPENDITURES For Year Ended June 30 1952 Object Classification Operating Personal Supplies Total Services Expense Equipment I CURRENT A EDUCATIONAL AND GENERAL ADMINISTRATIVE AND GENERAL Regents Central Office EXTENSION Soil Conservation Committee 9367290 7311291 2016335 36661 2091966 15033I18 588618 TOTAL EDUCATIONAL AND GENERAL 11159256 8817639 2601953 36661 B OTHER NONEDUCATIONAL Graduate Education for Negroes Regional Council for Education 12071821 12071821 3625000 3625000 TOTAL OTHER NONEDUCATIONAL 15696821 15696821 TOTAL CURRENT EXPENDITURES 27156080 8817639 18301777 36661 It PLANT FUNDS Campus Development Plans Building Authority Rentals Architects Fees 569687 97302023 8111369 TOTAL PLANT EXPENDITURES 105983079 NONEXPENSE Purchase of Temporary Investments 10000000 TOTAL PLANT DISBURSEMENTS 115983079 TOTAL EXPENDITURES 133139159 32 STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 Regents Allotment Account Regents Central Office Soil Conservation Committee Graduate Education Regional Council for Education Campus Development Plans Building Authority Rentals IIah D Little Library Fund Architects1 Fees TOTALS Cash Balance July 1 1951 Receipts Disburs ements Cash Balance June 30 1952 7828816 1261800000 1208081750 61517096 2789367 72031 00 9367290 625177 1610669 819168 2091966 337871 88127V 11600000 12071821 l09l50 3625000 3625000 ll81l2 2917100 569687 2525855 97302023 97302023 10352961 501616 10000000 85it58o 16191500 8111369 8080131 23611562 ll 0189807 1351220909 rM060 BANK BALANCES Fulton National Bank Atlanta Georgia 61881967 Citizens Southern National Bank Atlanta 11231163 Trust Company of Georgia Atlanta 1261030 TOTAL 77380l60 33 THE UNIVERSITY OF E 0 R G I A FINANCIAL REPORT FOR THE YEAR ENDING June 30 1952 The University of Georgia Athens Georgia 35 THE UNIVERSITY OF GEORGIA Athens Georgia I am submitting herewith my annual report as Comptroller and President 0 C Aderhold The University of Georgia Athens Georgia Dear President Aderhold I am submitting herewith my annual report as Comptroller and ft Treasurer of The University of Georgia for the fiscal year ending June 30 1952 which consists of the following exhibits and schedules PART I Consolidated Consolidated Balance Sheet Exhibit A Summary of Current Income Exhibit B Summary of Expenditure s Exhibit C PART II University at Athens Balance Sheet Schedule A Summary of Income Schedule B Statement of Educational and General Income Schedule Bl Statement of General Extension Income Schedule B2 Statement of Auxiliary Enterprises Income Schedule B3 Statement of Other NonEducational Income Schedule BU Summary of Expenditures Schedule C Statement of Educational and General Expenditures Schedule Cl Statement of General Extension Expenditures Schedule C2 Statement of Auxiliary Enterprises Expenditures Schedule C3 Statement of Operations of Restricted Funds Schedule D m J9 v m il 1 It 11 j P 9 A w i I I k 1 ra 4 K j 4 i k Vi V v d V S i5 t 1 V i t 9 Sm v in V 9 E 9 1 Statement of Trust Fund Balances Schedule E Statement of Trust Fund Balances by Funds Schedule El Summary of Trust Fund Investments Schedule E2 Detail of Endowment Funds Governmental Bonds Schedule E21 Detail of Endowment Funds Common Stock Schedule E22 Detail of Loan Funds Governmental Bonds Schedule E23 Detail of Loan Funds Common Stock Schedule E2it Statement of Receipts and Disbursements Trust Funds Schedule E25 Statement of Changes in Cash Balances Schedule F Statement of Agency Funds Schedule G Statement of Unexpended Plant Funds Schedule H Statement of Operations of Plant Funds Schedule Hl Statement of Investment in Plant Schedule H2 PART III Agricultural Extension Service Balance Sheet Schedule I Statement of Current Income Schedule J Statement of Current Expenses Schedule K Statement of Operations of Restricted Funds Schedule L Statement of Agency Funds Schedule M Statement of Changes in Cash Balances Schedule N Statement of Investment in Plant Schedule Nl PART IV Atlanta Division Balance Sheet Schedule 0 Statement of Current Income Schedule P 37 Statement of Current Expenditures Schedule Q Statement of Changes in Cash Balance Schedule R Statement of Agency Funds Schedule S Statement of Unexpended Plant Funds Schedule T Summary of Investment in Plant Schedule U Statement of Investment in Plant Schedule Ul PART V Experiment Station General eu Schedule V Statement of Current Income Schedule W Statement of Current Expenditures Schedule X Statement of Changes in Cash Balances Schedule X Statement of Unexpended Plant Funds Schedul Z Statement of Investment in PlantSchedule Zl Statement of Operations of Unexpended Plant Funds Schedule Z2 PART VI College Experiment Station Schedule AA Balance Sheet Schedule BB Statement of Current Income Statement of Current Expenditures Schedule CC Statement of Operations of Restricted Funds Schedule DD Statement of Changes In Cash Balances Schedule EE Statement of Unexpended Plant Funds Schedule FF Statement of Operations of Unexpended Plant Funds Schedule FF1 Statement of Investment in Plant Schedule FF2 PART VII Georgia Experiment Station Balance Sheet Schedule GG Statement of Current Income Schedule HH Statement of Current Expenditures Schedule II Statement of Operations of Restricted Funds Schedule JJ Statement of Agency Funds Schedule KK Statement of Changes in Cash BalancesSchedule LL Statement of Unexpended Plant Funds Schedule MM Summary of Investment in PlantSchedule MK1 Statement of Investment in Plant Schedule MM2 PART VIII Coastal Plain Experiment Station Balance Sheet Schedule NN Statement of Current IncomeSchedule 00 Statement of Current Expenditures Schedule PP Statement of Operation of Restricted Funds Schedule QQ Statement of Changes in Cash Balances Schedule RR Statement of Unexpended Plant Funds Schedule SS Statement of Investment in Plant Schedule SS1 Respectfully submitted s J D Bolton Comptroller and Treasurer Dated at Athens Georgia August 31j 1952 39 COMMENTS This report is assembled on a basis of receipts and disbursements with the exception of the Balance Sheet which reflects all known assets and liabilities including both accounts receivable and accounts payable The report embraces all units of the University of Georgia including The University of Georgia Athens Georgia General Extension Service Athens Georgia Atlanta Division of The University of Geqrgia Atlanta Georgia Agricultural Extension Service Athens Georgia Experiment Stations General Athens Georgia College Experiment Station Athens Georgia Georgia Agricultural Experiment Station Experiment Georgia and the Georgia Coastal Plain Experiment Station Tifton Georgia A separate accounting is maintained for each unit and therefore the report is arranged in eight parts asfollows Part I Consolidated All Units Part II University of Georgia Including General Extension Service Part III Agricultural Extension Service Part IV Atlanta Division of the University of Georgia Part V Experiment Stations General Part VI College Experiment Station Part VII Georgia Agricultural Experiment Station Part VIII Georgia Coastal Plain Experiment Station CONSOLIDATED A 11 n fi VV M Ml INCOME I The following summary gives the source of income and the percentage of each item to the total for Educational and General purposes only 195051 195152 Source Amount Percent Amount Percent Student Fees 27850888 3373 231600371 2523 r b State Allotment 251618915 3081 381322560 1187 Federal Appropriations 176687783 2139 175777710 1915 Other Public Appropriations 11770311 113 115621 00 126 Endowment 2261831 27 1682185 18 Gifts and Grants 21617121 298 31051718 339 V Sales and Services 708251 35 858 71935660 817 Other 61 79671 78 6910707 75 TOTALS 825802989 10000 917813371 10000 v p iff I k EXPENSES The following is a statement of Educational and General expenditures I A by functions and the percentage of each function to the total 195051 195152 Function Amount Percent Amount Percent Administration 117930039 623 16013712 518 Student Welfare 11918638 155 12508290 119 Physical Plant 56677791 737 56295509 670 Libraries 2867U917 373 36523662 li35 Instruction Resident 265687072 31 56 2761 80327 3291 Research 113136261 1175 1521161701 1815 Services Related to Instruction and Research 10950738 533 37782Ult7 It 50 Extension 203573039 2618 221903233 26U2 TOTALS 7688181 98 10000 839968881 10000 3 THE UNIVERSITY OF GEORGIA ATHENS GEORGIA INCOME The following table reflects the comparative Educational and General Income and percentages of income to the total for a threeyear period 191950 195051 195152 Source Amount Percent Amount Percent Amount Percent mm Student Fees 1 61i3565 1897 1666295 16UU 1228133 3lt 91 v Endowment 17700 53 22618 63 16822 18 Pli Federal 88012 262 86953 212 87566 219 Std6 1306799 3891 1162323 1076 1828192 5196 v 1 State Dept Health 3368 10 5233 15 1808 05 Other States 2250 07 2895 08 6600 19 I Vocational 117171 U38 111 082 318 70129 200 U S Navy Research 79lU 21 5121 11 395 01 h 1 Clarke County 28782 86 32106 90 63090 179 L Other Counties 1620 11 3805 11 1275 01 Gifts and Grants 18619 115 117653 112 173668 l9l y 1 Rents 2231 07 1715 05 2517 07 1 1 Other 22126 67 8267 23 17112 19 1 Veterans Guidance 32377 96 28369 79 20323 58 ml i 4 TOTALS 3355897 10000 3587795 10000 3518260 10000 1 0 I 1 f 4 0 41 EXPENSES The following table presents a comparison of expenditures for Educational and General purposes for four years Function 19U81i9 19lt950 195051 195152 Administration 161989 135688 16U081 168850 General 111618 165U28 160796 161 an Plant Operations 367015 310122 371087 38a287 Library Net 191255 186061 220U02 237178 Instruction Net 1829010 1852631 1797063 l8ai698 Research Net 237969 232900 191U78 17a67a Services Related to Instruction Net 13972 5U51U 36018 0 Extension Net 27l35i 233U76 6389li ia091 SubTotal 3217212 3170820 30078U9 3113189 Outlay 799950 117799 6lli57 73988 TOTALS 14017162 3288619 3069306 3187177 The following table is a comparison of the preceding expenditures expressed in percentages to the total Function Percent i9a8a9 Percent 19a950 Percent 195051 Percent 195152 Administration u03 i13 535 530 General 353 503 521 506 Plant Operations 91a 913 1219 1206 Library u76 566 718 7aa Instruction 1553 5633 5855 5778 Research 592 708 62a 5a8 Services Related to Instruction Net 35 166 117 0 Extension 683 710 208 a55 Outlay 1991 358 200 233 TOTALS 10000 10000 10000 10000 The following table is a study of Instructional Cost by Schools and Colleges These figures include Outlay and all other Instructional Cost except the Summer Quarter The figures for the School of Education include Vocational Agricultural Teacher Training Vocational Home Economics Teacher Training Demonstration School and Physical Education The cost of the Dean of faculties Office is prorated to all schools and colleges School or College i9aea9 191950 195051 195152 1 Agriculture 237890 2a8966 236697 215aoo 2 Arts and Sciences 707059 666765 638587 6a6a9a 3 Business Administration 135293 125867 123780 110601 a Education 236773 235801 251 103 298117 5 Forestry 33125 37187 37379 35766 6 Graduate aa92o 17697 a2302 15309 7 Home Economics 86a8l 82768 76010 77635 42 Instructional Cost by Schools and Colleges Continued School or College 19U8U9 191950 195051 195152 8 Journalism 29751 28820 29225 29807 9 Law 58228 61170 59702 59222 10 Military It 710 U 527 5359 6631 11 Pharmacy 10333 15870 17871 13802 12 Veterinary Medicine Net 120122 119305 160500 167930 TOTALS 1735285 l73i7l6 171118 1736711 The number of quarter hours taught by each School or College is shown in the following table Hours taught in Military Science and the Graduate School are shown under the school or college in which the student is majoring School or College 191819 191950 195051 195152 1 Agriculture 30185 26750 22015 18137 2 Arts and Sciences 113388 133597 110529 91802 3 Business Administration 51757 38217 31081 26316 1 Education 28007 32261 27166 23657 5 Forestry 7710 6188 1151 3212 6 Home Economics 5811 6072 5803 6356 7 Journalism 10709 7512 5720 1293 8 Law 11560 9970 7851 5803 9 Pharmacy 7077 6302 5213 l5oi 10 Veterinary Medicine 8222 11111 11508 10735 TOTALS 301 759 278010 231103 195112 The following table is a comparison of cost per student quarter hour by Schools and Colleges for a four year period School or College 191819 191950 195051 195152 1 Agriculture 780 931 1071 1168 2 Arts and Sciences 193 199 578 701 3 Business Administration 261 329 398 U20 1 Education 815 731 935 1260 5 Forestry U3U 601 900 1113 6 Home Economics li 80 1361 1310 1221 7 Journalism 278 382 511 691 8 Law Sol 611 760 1021 9 Pharmacy 570 728 913 973 10 Veterinary Medicine Net U 65 1311 1395 1561 TOTAL AVERAGE 1 569 621 711 890 43 AUXILIARY ENTERPRISES INCOME AND EXPENSES Details of income from Auxiliary Enterprises in the amount of 1065j8l527 are shown in Schedule B3 The details of expenses amounting to 106826828 are shown in Schedule C3 The Balance Sheet Schedule A reflects reserve for repairs and replacements of 2Ul8U285 GENERAL EXTENSION AND CORRESPONDENCE The following summary is a comparison of the Operations of General Extension and Correspondence for the past four years Prior to 19U7U8 this service was operated as a unit of the University System of Georgia 19U8U9 19U950 195051 195152 AmountPercent Amount Percent Amount Tercent Amount Percent INCOME Student Fees State Allotment Other 235660 Uoooo 568 8531 1UU8 21 213096 53700 7987 2013 272367 11 300 8601 1399 300053 28338 9137 863 TOTALS 276228 10000 266796 10000 316667 10000 328391 10000 EXPENSES Adm General Plant Operation Instruction Services Related to Instruction Extensaon 23186 1196 99117 23811 73152 10U9 5U UU98 1077 3322 23926 1196 112317 29709 82851 957 18 11 93 1188 3311 25152 1053 130665 25831 87286 931 39 U8U0 957 3233 30988 1362 1U1983 31705 101060 1009 UU U62U 1032 3291 TOTALS 221095 10000 2U9999 10000 269987 10000 307098 10000 TRUST FUNDS The University holds funds in trust as follows Endowment Funds 233372889 Loan Funds Miscellaneous Funds 12670Up Total Trust Funds Corpus 295768202 Reserves for Purposes of Trust Endowment Funds 29 U5612 Loan Funds 16921398 Total Trust Fund Reserves 19867010 TOTAL CORPUS AND RESERVES 44 315635212 A summary of these funds is shown in the Balance Sheet Schedule A Statement of Trust Fund Balances is shown in Schedule E and a statement of the individual fund balances is shown in Schedule El Summaries of Trust Fund investments are shown in Schedules E2 E21 E22 E23 and E2U Statement of Receipts and Disbursements is shown in Schedule E25 There is an unamortized balance of 37759959 due to Trust Funds from the University on buildings This balance is being amortized over a period of 20 years at 3 There is an unamortized balance of 28013893 on Clark Howell Wings and 358021470 on Milledge Annex Wings which is being amortized over a period of 30 years at 3 The balance due to Trust Funds on the H H Hinton property on Jackson Street purchased by the University in 19U9 is 13lU975 This property is rented for 7500 a month and the payments are applied on this loan There is an unamortized balance of 96108014 due to Trust Funds from various fraternities representing loans on their homes These loans are being amortized over a period of 20 years at It Loans from Trust Funds to other units of the University System being amortized over a period of 20 years at 3 arei North Carolina College Dahlonega Georgia 3529183 Savannah State College Savannah Georgia 26Ij7lt12 AGRICULTURAL EXTENSION SERVICE The following is a summary of income and percentage of income to total for three years 19U950 195051 195152 Source Amount Percent Amount Percent Amount Percent State of Georgia hkh000 2580 135200 21 95 650000 3323 Clarke County 1320 25 U320 25 5280 27 Federal Funds 1219618 7086 12509U7 7172 125703k 6U27 Gifts and Grants 53067 308 53809 308 13627 223 Other 21U 01 20 TOTALS 1721219 10000 l7Uit 296 10000 19559kl 10000 A comparison of expense by objects of expenditure is presented below in amounts and percentages 191950 195051 195152 Object Amount Percent Amount Percent Amount Percent Salaries and Wages Travel Operating Supplies and Expense Equipment 1316827 305126 118120 9868 7525 1326990 nkh 3UO786 675 1011U6 56 U205 7U8U 1922 570 2U 11499016 311088 98018 8758 7820 1623 511 I46 TOTALS l7ii99Ul 10000 1773127 10000 1916860 10000 45 The following is a statement by projects of all expenditures disbursed by both the Agricultural Extension Service and the various counties This statement also indicates the amount of Federal Funds used State and County Funds used for offset and funds not used for offset by each project No 1 2 3 k 1a 1b 1c 1d 1e 1f 1i 5 5a 6 7 7a 7c 8a 8b 8c 8e 9 10 11 11a 12 Hi 17 18 19 22 Project Federal Funds Administration Publications County Agent Work Home Dem Work Home Improvement Nutrition Textiles and Clothing Utilization Child Development Home Industries Health Negro County Agt Work Negro Home Dem Work 1H Club Work Economics Marketing Research Marketing Georgia Eggs Beef Cattle and Sheep Dairying Poultry Swine Agronomy Horticulture Agricultural Engineering Farm Housing Forestry Soil Conservation Recreation 2956608 ll06317 60611818 201361498 UlU989 810011 l92l62 791925 U1699U 388618 7711 10711579 6210296 1312253 27895114 155000 J96o73 lll795 1665785 1025037 512136 2718033 999021 12573149 61000 182718 171996 l69620 Wild Life Conservation Bee Culture 528768 Entomology Offset Funds 688165 2626612 25391578 25019031 253121 388387 159616 370891 216751 230l 81 267732 2051791 1377233 1715096 1711580 267500 i96073 280317 1 52716 l21135 310220 1097272 1116115 937772 881731 252762 12717 251685 Funds Not Used as Offset 211010 5326Q 32007920 H670705 2281053 1181521 703313 638582 7987 Total Expenditures 3l 30763 7086219 118011316 59856231 668113 1198398 352078 1165819 635715 619129 275176 150501 23 8802053 6027319 1531091 1 22500 992116 695112 2821811 lll6172 822356 UI53887 2115139 2195121 61000 1061l82 171996 722382 12717 536755 251685 TOTALS 125857050 69311119 151336331 216537833 mjj 1 Of this amount 11510977 was disbursed by the various counties 2 Of this amount 17276981 was disbursed by the various counties 46 The following schedule indicates the funds to be offset and the manner in which they were offset Funds to be OffSet FEDERAL FUNDS SmithLever and BankheadJones BankheadFlannagan CapperKetcham Additional Cooperative Farm Housing Research and Marketing NorrisDoxey ClarkeMcNary TOTAL FEDERAL FUNDS STATE AND COUNTY FUNDS State and Other Funds County Disbursed by Counties TOTAL STATE AND COUNTY FUNDS Total To be OffSet Non OffSet 66381711 ll252U13 52129331 52383815 52383815 37331U8 17331U8 2000000 2613270 2613270 61000 61000 651073 651073 162000 162000 162000 162000 1 26181050 693U1 19 56836601 61890825 57833U72 UO57353 58789958 11510977 17278981 1 20680783 69 3111 19 5133633U The following is a summary of expenditures by objects Disbursed by Disbursed by Percent Object University Counties Total to Total Personal Services 116782185 55791765 202573950 8217 Travel 30900026 2998193 33898219 1375 Transportation of Things 120638 120638 05 Communication Service 1265935 1265935 51 Heat Light Power 135975 135975 06 Printing 1161302 1161302 17 Repairs to Equipment 18UU78 181178 07 Insurance 617973 617973 25 Supplies and Small Printing 5929389 5929389 211 Equipment 619971 6U997U 26 TOTALS ll877U7875 58789958 216537833 10000 47 THE UNIVERSITY OF GEORGIA CONSOLIEATED CONSOLIDATED BALANCE SHEET June 30 1952 ASSETS EXHIBIT A I CURRENT FUNDS A GENERAL Cash on Hand and In Banks Accounts Receivable TOTAL GENERAL B RESTRICTED Cash in Banks Accounts Receivable TOTAL RESTRICTED C AUXILIARY Cash in Banks Inventories Accounts Receivable TOTAL AUXILIARY TOTAL CURRENT FUNDS II AGENCY FUNDS Cash in Banks Notes Receivable TOTAL AGENCY FUNDS III ENDOWMENT FUNDS Investments IV LOAN FUNDS Cash in Banks Investments Due from Endowment Funds TOTAL LOAN FUNDS V PLANT FUNDS A UNEXPENDED Cash in Banks Temporary Investments B EXPENDED Land Buildings Improvements other than Bldgs Equipment TOTAL PLANT FUNDS TOTAL ASSETS 77922355 33556721 21358597 372ll19 35989523 3975719 3730619 37501702 630275 95179W 68076619 1722118 1105U0538 37500000 118010538 102996115 1161089272 18985166 U18528293 1731599116 1111 79076 28083016 13695861 183257953 38131977 238010619 79316711 1882639681 2121386911 50 CONSOLIDATED BALANCE SHEET June 30 1952 LIABILITIES CURRENT FUNDS A GENERAL ft in 4 Accounts Payable 1 Unearned Income Reserves y 4 Surplus BE 4 TOTAL GENERAL id 1 B RESTRICTED r Fund Balances M j n C AUXILIARY wm Purchase Orders Outstanding 1 Reserves Surplus 1 TOTAL AUXILIARY 1 TOTAL CURRENT FUNDS y I II AGENCY FUNDS Fund Balances K Hi tn ENDOWMENT FUNDS Bfff Fund Balances Due Other Funds Lt l Reserves TOTAL ENDOWMENT FUNDS fk 1 IV LOAN FUNDS Fund Balances y Reserves s TOTAL LOAN FUNDS y I V PLANT FUNDS A UNEXPENDED K Fund Balances 1 B EXPENDED Mf Due to Other Funds 1 Invested in Plant TOTAL PLANT FUNDS Ip I yv 1 TOTAL LIABILITIES AND SURPLUS jl 1 5U91622 10U9098 10032881 3069822 91835U53 111U79076 28083016 2UU9l6 281600OU 152909Ul U369586l 183257953 38131977 233372889 1722118 29U5612 62395313 16921398 2380U0619 79316711 p 10225569U 16323U3U52 l 1U80U0538 1731599116 1882639681 21 21386911 Vi r 51 EXHIBIT B CONSOLIDATED STATEMENT OF CURRENT INCOME For Year Ended June 30 1952 A EDUCATIONAL AND GENERAL Student Fees Public Appropriations State Regular Less Amount Payable Federal Other TOTAL PUBLIC APPROPRIATIONS 599300000 ll977ll0 381322560 175777710 115621 00 Endowment Gifts and Grants Sales and Services Other TOTAL EDUCATIONAL AND GENERAL 231600371 571662700 1682185 31051718 71935660 69A0707 917813371 B AUXILIARY Dormitories Dining Halls Other TOTAL AUXILIARY 28280715 39811389 61927878 130050012 C OTHER NONEDUCATIONAL Endowment Gifts and Grants TOTAL OTHER NONEDUCATIONAL 120969 1879U97 20001 66 TOTAL CURRENT INCOME 1019893819 D PLANT FUNDS State of Georgia Other TOTAL PLANT FUNDS TOTAL INCOME NONINCOME TOTAL RECEIPTS 85057100 11893911 96951011 1116811860 10001026 1156815886 52 EXHIBIT C r i y 4 W I 1 i 1 1 m i I m i j ft w I I A S4 V V IP V W V K HI 1 B 1 w E 1 A m X y 1 m CONSOLIDATED STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 Salaries and Wages Operating Supplies Expense Capital Outlay Total A EDUCATIONAL AND GENERAL Administration and General Student Welfare Physical Plant Libraries Instruction Research Services Related Extension TOTAL EDUC AND GENERAL B AUXILIARY Dormitories Dining Halls Other TOTAL AUXILIARY C OTHER NONEDUCATIONAL Scholarships Awards TOTAL OTHER NONEDUCATIONAL D PLANT FUNDS Additions Debt Service TOTAL PLANT FUNDS TOTAL EXPENSE NONEXPENSE TOTAL DISBURSEMENTS t 29366215 10810515 29675353 16890769 2510721 81 105360321 10305835 15291817 Hi10339 218811 72 18101 20 17299929 36881189 26200939 1352620 2271 36 1738681 178221 73 8107911 10217191 1275673 16013712 12508290 56295509 36523662 276180327 1521 61701 37782117 623627168 171183199 12157917 I c CJ7 ujc 839968881 86181 80 1310553lt 563970 22317981 10009616 30593390 166816 10769852 732911j7 16260528 88293 53677968 25987273 1 899591 52 819079 116765801 2010987 2010987 101687 101687 2112671 2112671 8826295 90297561 99123859 1111198 3921021 5062219 9967lj93 91218585 101186078 619611711 276223118 137195581 1063033110 92691 1063126131 53 m i Pi 1 it v i pi 1 ft h 1 l 1 V ft iV 4 4 A 0 A P 1 k t rM i 4 mk w 0 llJi M m 1 V Vv i b II 4 V 1 1 4 11 u I 1 PART II THE UNIVERSITY OF GEORGIA ATHENS GEORGIA Schedule A Schedule Hlj 55 BALANCE SHEET June 30 192 ASSETS I CURRENT FUNDS A GENERAL Cash on Hand and in Bank Accounts Receivable Board of Regents Veterans Administration Other TOTAL GENERAL FUNDS 38710982 9680821 82lOll5 12500 17963739 B RESTRICTED Cash in Bank 5898056 Accounts Receivable 287612l TOTAL RESTRICTED FUNDS C AUXILIARY Cash in Bank 21716535 Accounts Receivable 21 377 50 TOTAL AUXILIARY FUNDS D GENERAL EXTENSION Cash in Bank 1313U95 Accounts Receivable Board of Regents 2666218 Veterans Administration 7559618 10225836 TOTAL GENERAL EXTENSION TOTAL CURRENT FUNDS II AGENCY FUNDS Cash in Bank III ENDOWMENT FUNDS Investments s U S Securities Other Bonds Preferred Common Stock Real Estate Owned Loans to Fraternities University of Georgia Bldgs TOTAL ENDOWMENT FUNDS IV STUDENT LOAN FUNDS AND MISC FUNDS Cash in Bank and on Hand U S Securities 19758000 Notes Receivable Students 9887112 Common Stocks Loans to Fraternities 7135801 Savings Account University of Georgia Bldgs 22186619 North Georgia Col Bldg Loan 3529183 H H Hinton Property 1311975 Savannah St Col Bldg Loan 26171 12 Due from Endowment Funds TOTAL STUDENT LOAN AND MISC FUNDS SfT IJlB m MJ H f 56708721 v A 87711 80 A 21181285 r V 1U539331 BBm 101206817 29119000 L V wk m 95179Uli 136360000 11900000 1925916 3590000 2175000 79089673 238010619 f I 68076619 1722118 V 79316711 56 BALANCE SHEET Continued PLANT FUNDS A UNEXPENDED Cash in Bank B EXPENDED Land Buildings Improvements Other Than Bldgs Equipment TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL ASSETS l 26792500 1000371963 17267902 288276677 77310958 13627 ISO 12 til 100 53000 1890766117 LIABILITIES I CURRENT FUNDS A GENERAL Purchase Orders Outstanding Unearned Income Reserve for Work in Progress Reserve for Military Leaves Reserve for Insurance General Surplus TOTAL GENERAL FUNDS B RESTRICTED Fund Balances C AUXILIARY Reserve for Repairs and Replacements TOTAL AUXILIARY FUNDS D GENERAL EXTENSION Purchase Orders Outstanding Reserve for Unearned Income Surplus TOTAL GENERAL EXTENSION TOTAL CURRENT FUNDS II AGENCY FUNDS V f Fund Balances r m X III ENDOWMENT FUNDS r Fund Balances 8 Due to Other Funds Reserve for Purpose of Trust TW TOTAL ENDOWMENT FUNDS p A IV STUDENT LOAN FUNDS AND MISC FUNDS f Fund Balances Reserve for Purpose of Trust f 9 1 TOTAL STUDENT LOAN FUNDS AND MISC 3095858 5861181 2380766 i 31600 239970 11696316 I 21181285 821873 1062l81 12651977 56708721 87711 80 21181285 11539331 101206817 29119000 233372889 1722118 2915612 62395313 16921398 238010619 79316711 57 LIABILITIES Continued V PLANT FUNDS A UNEXPENDED Fund Balances B EXPENDED Due to Other Funds Invested in Plant TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS 102255691 12601 56318 77310958 1362712012 11100530Q0 1890766117 SUMMARY OF INCOME For Year Ended June 30 1952 Student Fees Public Appropriations State of Georgia Federal Other Endowment Gifts and Grants Sales and Services Dormitories Dining Hall Cow Test Printing Shop Stores Other TOTAL INCOME NONINCOME TOTAL RECEIPTS Current Funds Educational Auxiliary Other Non Plant and General Enterprises Educational Funds Total K At 1528lt8S37 152818537 4 189371536 65181300 25555836 12301198 12301198 7096189 70961 89 1682185 120969 1803151 17366770 I879i97 19216267 8701360 8701360 28280715 28280715 39811389 39811389 4 203U73 203l73 1652121 1652121 33603799 33603799 L A 3998187 107911 1106098 393369262 106581527 2000166 65292211 567213166 1991237 5575756 7569993 A 395363 99 106581527 2000166 110867967 6181359 4 58 STATEMENT OF CURRENT INCOME For Year Ended June 30 1952 J g General Income Restricted Income Total 1 V A EDUCATIONAL AND GENERAL STUDENT FEES ni I NonResident Tuition 31397307 31397307 Matriculation 66995907 66995907 1 Nursery School 266650 266650 f I I Atlanta Area 890500 890500 Summer NonResident Tuition 6282830 6282830 A ft Summer Matriculation 11075772 11075772 2v Infirmary 601506 601506 Diploma 862219 862219 P Health 3898820 3898820 Miscellaneous 568751 568751 1 TOTAL STUDENT FEES 1121952762 890500 122813262 m I PUBLIC APPROPRIATIONS gf State of Georgia r Regular Operations 1192500000 Less Amt Payable 9680821 182819176 182819176 Vocational Funds 3537751 353775U f Dept of Health Mental Health 180821 180821 h 44 Other States Alabama For Agr Educ Relations 125000 125000 K Louisiana For Agr Educ Relations 60000 60000 Mississippi For Agr Educ Relations 50000 50000 North Carolina For Agr Educ Relations 225000 225000 Tennessee For Agr Educ Relations 60000 60000 Virginia For Agr Educ Relations 110000 110000 0 W United States Ji MorrillNelson Fund 6811102 6811102 Dept of Health For Plant Toxicology 1912200 1912200 V Navy Dept For Research 39k50 39U50 Vocational Funds 35o5llt6 3505116 1 Counties and Cities 1 Clarke County Dem School 6308989 6308989 Hall County For Surveys 127500 127500 Ik TOTAL PUBLIC APPROPRIATIONS 182819176 23116265 S2059351tll ENDOWMENT JI Alumni Library Fund 30380 30380 Alumni Y M C A Fund 11867 11867 i Bocock h Fund 1022 1022 1 Denmark B A N Fund l171tl2 117112 Franklin College Fund 867008 867008 I Franklin Mary J Fund 1178 11781 Gilmer George R Fund 18016 18016 V Landscrip Fund 1 860 50 1 86050 14 V w V Magers Edmund Fund 250 250 Peabody George Foster Fund 1126 1126 t 1 Terrell William Fund 71210 71210 TOTAL ENDOWMENT I 1682185 l82185 v g 59 STATEMENT OF CURRENT INCOME Continued General Restricted Income Income Total fr GIFTS AND GRANTS FROM PRIVATE SOURCES American Learned Society Atomic Energy Commission Atomic Energy Savannah River Braselton Hatchery Calloway Community Fund Chicopee Manufacturing Company Clarke County Milling Company Colonial Feed Company Dahlonega Feed Hatchery Emory University Fame and Fish Commission General Education Board Agr Education Relations General Education Board Art General Mills Georgia Feed Association Georgia Forestry Commission Georgia Power Company Lilly Eli Company Marbut Milling Company Milk Control Board Osmose Wood Company SearsRoebuck Foundation Southern Guano Company Tennessee Corporation Tsali Institute Various For Press Veterinary Medicine Regional Council Whitman M J TOTAL GIFTS AND GRANTS FROM PRIVATE SOURCES SALES AND SERVICES Agricultural Ed Relations Literary Quarterly Mathematics Books University Press Veterinary Clinics Veterinary Pathology TOTAL SALES AND SERVICES OTHER SOURCES Agr Ext Service Fire Loss Insurance General Experiment Stations Rents Veterans Guidance Miscellaneous TOTAL OTHER SOURCES TOTAL EDUCATIONAL GENERAL INCOME 17366770 17366770 1 755U1 I5755la 315U65 3151465 6500 6500 32631481 3263l48U 314914699 3lt9i4699 I48671 I48671 7122319 15820141 87014360 800000 1 I 800000 251716 251716 1400000 400000 25X733 251733 2032286 2032286 262U52 262152 3998187 1 1 3998187 3158921141 1414637761 360530205 vl 111 156600 156600 III 177370 177370 1000000 1000000 10000 10000 y 80000 80000 k 1 1000QP 100000 10000 10000 Bf 10000 10Q00 Vi 10000 10000 630000 630000 Jk 800000 800000 250000 250000 687500 687500 250000 250000 40000 40000 3000000 3000000 k 50000 50000 g 400000 400000 50000 50000 100000 100000 60000 60000 p 100000 100000 10000 10000 50000 50000 V1 M 100000 100000 25300 25300 9200000 9200000 10000 10000 t 1 id m I H i F V 1 60 STATEMENT OF CURRENT INCOME Continued A EDUCATIONAL AND GENERAL Continued General Restricted Income Income Total NONINCOME Accounts Receivable Tifton 220000 220000 Transfer from Restricted Funds 177it237 177U237 TOTAL NONINCOME 199U237 1991237 TOTAL EDUCATIONAL AND GENERAL RECEIPTS 317886681 11637761 362S2UUU2 B GENERAL EXTENSION STUDENT FEES Correspondence 7706662 7706662 Film Library 7U7555 7U7555 Parttime and Special Services 555355 555355 Photographic Department 516666 516666 Columbus Center U695377 U695377 Gainesville Center 3001805 3001805 Marietta Center 960055 960055 Rome Center U8U7255 1817255 Savannah Center 921261 921261 Waycross Center UU71599 UU71599 Negro Columbus Center 1551682 1551682 TOTAL STUDENT FEES r 1 30005275 PUBLIC APPROPRIATIONS State of Georgia Reg Op5000 00 Less Amt Payable 2666218 2833782 2833782 TOTAL GENERAL EXTENSION INCOME 32839057 I 32839057 C AUXILIARY ENTERPRISES DORMITORIES A A A I Barracks 19U7598 19U7598 Brown 2092350 2092350 Camp Wilkins 237l00 2371 00 Candler 866975 866975 Clarke Howell 2i01265 21 01265 Coordinate 3011811 30U18UU Law 809982 809982 Lucy Cobb 888060 888060 Mary Lyndon 1605370 1605370 Milledge 1932900 1932900 Milledge Annex 11 01550 11 01550 Myers Hall 112500 112500 Private Trailers 205158 205158 Reed Hall 1500 1500 Rutherford 1953095 1953095 Soule 1U95850 1U95850 Veterans Housing 72813U8 7281318 TOTAL DORMITORIES 28280715 28280715 STATEMENT OF CURRENT INCOME Continued General Income Restricted Income Total AUXILIARY ENTERPRISES Continued DINING HALLS Coordinate 9306167 9306167 Denmark 9217780 9217780 Lucy Cobb 3579291 3579291 Milledge Annex 5it 80513 5180513 Snelling Hall 10935260 10935260 Tea Room 1292078 1292078 TOTAL DINING HALLS 39811389 39811389 OTHER Cow Testing 203U73 203l73 Printing Department 1652121 1652121 University Stores 33603799 33603799 TOTAL OTHER 381 59393 38159393 TOTAL AUXILIARY INCOME 106581527 106581527 OTHER NONEDUCATIONAL ENDOWMENTS Advancement of Art Fund 6216 6216 W J Bryan Fund 796 796 Joe Brown Connally Fund 6850 6850 Geo A Kitzinger Fund 332UU 33211 Isaac Meinhard Fund 2250 2250 Neil ReedMemorial Fund 10000 10000 H B Russell Fund 8125 8125 Cecil Wilcox Fund 23158 23158 TOTAL ENDOWMENT 120969 120969 GIFTS AND GRANTS Amer Foun Pharmacy Ed Fellowship 133210 133210 Atlanta Womens Panhellenic Assn Kemp I8OOO 18000 James F Byrnes Foundation Grace Miller 50OOO 50000 Clark Chev Corp Constance Tant 50OOO 50000 Jennie Fowler Cole Fred Dean 205OO 20500 Delta Air Lines Scholarship 60000 6OOOO Mrs A I DuPont Saunders 50000 50000 Mrs R M Durr Schaffer Poultry 160000 160000 Forestry Scholarship 10000 10000 Gainesville Ciyitan Club Scholarship 10000 10000 Georgia Feed Assn Scholarship 100000 100000 Ruth Hagitti Scholarship 39900 39900 Kroger Grocery Co Scholarship 80000 80000 Mrs E K Mann Billy Barnes 30000 30000 Mahmood Mayahi Scholarship 18000 18000 Esther McLemore Scholarship 20000 20000 G N Neimeyer Art 10000 10000 Rosenblatt Fund Louise Virgin 30569 30569 62 General Restricted Income Income Total GIFTS AND GRANTS Continued SearsRoebuck Agriculture 405177 1405177 SearsRoebuck Home Economics 39998 39998 Seedmans Scholarship iiOOOO I4OOOO J H Smith Foun D J Spector 10000 10000 Stroupe Scholarship 16000 16000 Student Activities Orchestra 1071400 1071 00 Tithers Inc Nancy Johnson 10000 10000 Tithers Inc Mary L Potts 10000 10000 Lamar Trotti Frances Sosebee 3765b 37650 U D C Gilson Webb 20000 20000 U S D A Hannelore Muenker 179500 179500 Union Bag Co Forestry 26800 26800 Various Sources Music 5996 5996 War Orphan Scholarship Edward M Wright 20000 20000 James Ennis For Psychology 2000 2000 Michael Bros For Award 50000 50000 Student Activities For Frizes 6000 6000 U of Ga Foun For Bert Michael Award 2767 2767 TOTAL GIFTS AND GRANTS 18791497 1879497 TOTAL OTHER NONEDUCATIONAL INCOME 20001466 20001466 TOTAL CURRENT RECEIPTS 1457307265 146638227 50391451492 63 EDUCATIONAL AND GENERAL Aciministrative General Student Welfare Plant Operations Library Instruction Research Serv Rel to Instr Extension AUXILIARY Dormitories Dining Halls Gen Dorms Dining Halls Printing Shop Stores OTHER NONEDUCATIONAL Scholarships Awards PLANT Additions to Plant Indebtedness Retired Rent TOTAL EXPENDITURES NONEXPENSE TOTAL DISBURSEMENTS SUMMARY OF EXPENDITURES For Year Ended June 30 1952 Current Funds Educational Auxiliary Other Non Plant and General Enterprises Educational Funds Total 2568926U 1068U678 396656U9 23797917 206283162 18595U10 3170U68 30215272 2568926U 1068U678 396656U9 23797917 206283162 18595U10 3170U68 30215272 2231798U U0769852 78U699 5206126 31552571 2231798U U0769852 78U699 9206126 31552571 2010987 101687 2010987 101687 y w M I 5U960003 51960003 4 5062219 5062219 358101820 100631232 2112671 60022222 52p8679U8 V 32939liU5 6195596 3913501 3910U1265 106826828 211267U 60022222 560002989 X j I M I b 64 STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 Object Classification Operating Fund Classification Salaries Supplies EDUCATIONAL AND GENERAL General Restricted Wages Expense Equipment ADMINISTRATIVE GENERAL Accounting Office 3552790 I 3026088 1 85052 11650 Alumni Office 600000 600000 Comptrollers Office 1217911 1205988 29926 12000 General Expense 6312995 8001 03 5512592 Presidents Office 3123862 2933268 190591 Public Relations 1979798 155l 86 1 25312 Registrars Office 3787077 2916621 801799 38651 Statistical Bureau 1598568 1571305 27263 Veterans Division 357ll0 311970 9970 5500 TOTAL ADM GENERAL 22590111 I 11980132 7512508 97801 STUDENT WELFARE Dean of Students 1015658 1 990658 55000 Dean of Men 2005183 1908539 819 l 12000 Dean of Women 2211516 2075988 1201 80 18078 Placement 816753 779988 63765 3000 Student Health Service l 01912 3291155 962331 118153 University Chaplain 150296 20000 163296 7000 TOTAL STUDENT WELFARE 10661678 t 20000 9209921 1293523 181231 PHYSICAL PLANT General Operations f 10959l51 615276 2003693 9197931 373103 Grounds 1197370 2777166 12901 15 U 29759 Janitors 12766683 11599531 869221 297925 Repairs 10690719 1393885 6296831 TOTAL PLANT OPERATIONS 38911223 615276 20771278 1765113U 1100787 LIBRARIES 22139365 1658552 121 31366 803579 10559972 INSTRUCTION Dean of Faculties 2071688 1995318 75ll 1225 College of Agriculture Deans Office 2822l63 21 80160 312303 Agr Economics 790336 500000 12651 81 21852 Agr Engineering 3103102 1 00000 3389831 96671 16600 Agronomy 1788061 600000 2228976 l22l65 36623 Animal Husbandry 1952519 600000 23321 52 58389 161708 Dairy 15051 21 500000 1887932 971 89 20000 Food Technology 1216199 1073013 103786 39UOO Object Classification Fund Classification Salaries Operating Supplies General Restricted Wages Expense Equipment Horticulture 1059178 1 00000 1337988 51298 69892 Landscape Architecture 1613089 1518988 82U33 11668 Plant Pathology 1135551 1065911 29797 39810 Poultry Husbandry 757lU2 1 loo 00 1131250 18522 17370 Arts and Sciences Deans Office 19532U8 1589998 363250 Archaeology Anthropology 611672 600000 7657 7015 Art 5UU60U5 100000 5303310 179l12 63323 G E B Art 728090 728091 1169998 217U98 68685 Biology 5l5l9UU 200000 16673 i 88 628112 561 ll Botany 3190060 200000 2981268 313395 95397 Chemistry 5390501 271210 1811515 672730 1771 36 Classics 837319 829992 U778 25U9 English 6060906 2lii02 6215916 39708 19681 Geography and Geology 27U5763 200000 2509588 21U132 222013 History 2739787 2717292 9995 12500 Mathematics 3821169 300000 1100503 13666 7000 Modern Languages Ul5l65U 1089372 25151 37131 Music U32787U 1121961 127913 7U997 Nursing Education 201911 199992 U919 Philosophy 939672 93212U 7518 Physics 3528351 200000 2985210 185113 557698 Political Science 2010339 200000 2181118 11806 iuu15 Psychology 2821291 2758972 51865 101 57 Religion 1 85200 182700 25OO Sociology 1718969 200000 1892028 37236 19705 Speech and Drama 176373k 1753731 10000 Business Administration 10828215 100000 10358386 1 88388 811 11 Education Demonstration School 3311610 6611867 9006610 1 88621 U9U273 General 7811211 18016 7376715 39971U 82861 Health and Physical Education 5662167 53u6336 218387 97711 Teacher Training Agriculture 1179021 2571600 3081761 6U8357 20500 Teacher Training Home Ec 69U1U3 1500025 1989937 201231 Forestry 2933929 600000 31902U3 178686 165000 Graduate 11 76809 i390l96 79853 61 60 Home Economics 71 70887 200000 6711193 632211 291150 Journalism 29U5i5i 267UU67 2U5U13 25271 Law School 5851561 5636972 166521 18068 Military 655218 552083 103135 Pharmacy 1127952 200000 3386581 573663 365705 Regents Professors U99980 1 99980 Summer Quarter 11870051 li596003 271051 Veterinary Medicine Deans Office 1116897 1273992 112905 Anatomy and Histology 1 76206 il 00000 1503336 111261 261609 Clinics and Medicine 1616367 1100000 5289010 3296633 160691 Hygiene 1378790 1100000 2082211 201219 192300 Pathology 1717210 2000000 3316UU3 279298 1211 69 Physiology and Pharmacology 900592 1000000 1691161 113282 93116 TOTAL INSTRUCTION 161363620 27721211 1 7U599393 13113732 U371736 66 Object Classification Operating Fund Classification Salaries Supplies General Restricted Waes Expense Equipment ORGANIZED RESEARCH Atomic Energy 225083 137500 56061 31522 Atomic Energy Savannah 865190 663000 170717 311 73 Bureau Business Research 139521t3 11793014 215939 Carnegie 119120 117357 192UU9 381267 22761 General 13916586 956600 12862093 981990 1029103 Eli Lilly Pharmacy 62679 15000 17679 Ordnance Fort 105500 105500 Ordnance Huff 219230 2155314 3696 Pine Nutrition 3550 3550 Plant Toxicology 101988 36000 55886 13102 Viking Fund 65859 65859 Wood Preserving Forestry 20000 20000 Tsali Institute Cherokee Indians 191 75 38950 32000 261 25 TOTAL ORGANIZED RESEARCH l5180l2l 3111986 15161930 2005519 1127961 EXTENSION Agr Education Relations 2538921 1197788 1329867 11269 Agr Short Course 1495396 195396 Ice Cream Mfg Assn 100000 100000 Landscape Architecture 1796 1796 Milk Control Short Course 68107 68107 Atlanta Area 02978 1520500 1598305 325173 Distributive Education 700820 565727 127723 7370 Field Service 2181211 19771 83 206761 General Mills 112636 81250 61386 Mental Health 51088 15833 8255 ResourceUse Education 2851496 75000 210i96 Julius Rosenwald 6138 1581 1551 Surveys 151956 55000 96956 Veterans Teacher Training 937525 571362 366163 Vocational Guidance 651666 511661 110002 Womans Club 9939 1939 5000 Archaeology and Anthropology 14781433 309136 157722 11575 Art Museum 623013 1 955 89 88571 38883 Cereal Institute 251 03 11000 111 03 Forestry 61958 61958 Forestry Surveys 986228 591666 391562 Ga Poultry Impr Assn 53308 22520 30788 Literary Quarterly 875825 1 98300 377525 University Press 37l4ld68 135300 1231318 2618120 Veterans Guidance 2197ll2 1899971 289626 7815 Wildlife Cons Fund 672920 215675 119361 337881 TOTAL EXTENSION 11066187 9012750 121083714 7555252 1 15611 TOTAL EDUCATIONAL AND GENERAL EXPENDITURES 28 192it 12172805 259568397 19938517 17885102 67 Object Classification Operating Fund Classification Salaries Supplies General Restricted Wages Expense Equipment NON EXPENSE Transfer to College Station 55738 1302297 Transfer to Plant Funds 22657500 Cash Over and Short 15690 Refund Prev Yrs Inc 77001 Transfer to Gen Funds 1771237 Transfer to Griffin 56979 TOTAL NONEXPENSE 22785907 1 3153538 TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS i 108005118 153a26313 B GENERAL EXTENSION ADMINISTRATION General 3098820 2117970 750665 230185 PLANT OPERATIONS 136150 136150 INSTRUCTION Columbus Center 3121819 2573870 350551 971 25 Gainesville Center 1691161 1272055 322808 963OI Marietta Center 2215697 1898980 171918 171769 Rome Center 2685891 2268125 266075 151691 Waycross Center 2700273 2311992 261279 127002 Negro Columbus Center 17531 21 1512992 1031 06 107026 TOTAL INSTRUCTION 11198301 11968011 11 76070 751217 SERV RELATED TO INSTR Film Library V 1971276 752216 516586 705I71 Photographic 1196192 652167 511025 TOTAL SERV RELATED 31701 68 1101383 1060611 705I 71 EXTENSION Correspondence 5626887 1879063 709321 38500 Parttime and Spec Serv 11 79118 3226918 1196171 56029 TOTAL EXTENSION 10106035 8106011 1905195 91529 TOTAL GEN EXT EXPEND 30709771 23732528 5192811 1781105 NONEXPENSE Transfer to Plant Funds 7000000 TOTAL GENERAL EXTENSION DISBURSEMENTS 37709771 68 y Vir A K Y Wwm V j I a Vv M mm Mi 4 X A i v 4 V f V pt P M jk Vj A M h fX 4 Object Classification Operating Fund Classification Salaries Supplies GeneralRestricted Wages ExpenseEquipment C AUXILIARY ENTERPRISES DORMITORIES A A A 192 192 Barracks 1238870 388100 8291 90 21280 Brown 1019303 5581 80 181823 9000 Camp Wilkins 399586 201672 191911 Candler 65593 237196 228397 Clarke Howell 2210617 171730 1737192 31725 Coordinate 25621 70 1107211 1155226 Law 1 10263 201931 238332 Lucy Cobb 961257 532776 1 281 81 Mary Lyndon 1002918 1 70175 532773 Milledge 1111053 572792 538261 Milledge Annex 2110977 27935 1817277 355 Private Trailers 137121 13712 Rutherford 1125196 1 67713 617183 10000 Soule 1087350 1 59690 621816 2811 Veterans Housing 6355539 2396636 351137 1 11766 TOTAL DORMITORIES 22317981 8618180 13105531 563970 DINING HALLS Coordinate 8581576 2112260 6172316 Denmark 10095896 2112011 7983882 Lucy Cobb 355188 9 1119251j 2iol585 1050 Milledge Annex 5971010 9l3l10 1877813 19791 Snelling Hall 10839722 272573U 8106881 7107 Tea Room 1723725 66697 1017883 8868 TOTAL DINING HALLS 10769852 V 1 y 10009616 30593390 166816 GENERAL 78699 760000 21699 TOTAL DORMS DIN HALLS 63872535 191 18126 13723623 730786 OTHER Printing Department University Stores 5206126 31552571 2619017 2521302 3172652 28327l03 35777 52516 TOTAL OTHER 36758697 5821699 30818705 88293 TOTAL AUXILIARY EXPENDITURES 100631232 25239825 7572328 819079 t lay rJf dl J NONEXPENSE Trans to Egg Test Exp 33296 Transfer to Plant Funds 6162300 TOTAL AUXILIARY DISBURSEMENTS D OTHER NONEDUCATIONAL Scholarships Awards TOTAL OTHER NONEDUC TOTAL CURRENT DIS BURSEMENTS 106826828 2010987 101687 2112671 152511750 17139017 69 STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30 1952 A EDUCATIONAL AND GENERAL STUDENT FEES Atlanta Area Balance Balance Beginning Income Expenditures End of Year for Year for Year Transfers of Year 890500 890500 GOVERNMENTAL Grants and Aids Other States Alabama Ag Ed Rel Louisiana Ag Ed Rel Mississippi Ag Ed Rel N C Ag Ed Rel Tennessee Ag Ed Rel Virginia Ag Ed Rel Vocational lll5202 United States MorrillNelson Fund Dept of Health For Malaria 61359 Dept of Health For Mental Health 177681 Dept of Health For Plant ToxicologyNavy Dept For Research 321656 Vocational 850116 Counties Clarke County For Dem School 265288 Hall County For Survey 207760 125000 60000 50000 225000 60000 110000 3537751 68111 02 180821 1912200 39I150 3505116 6308989 127500 125000 60000 50000 225000 60000 110000 3013218 950696 6811102 61359 51088 50918 101988 3603881 1837212 361106 918881 6611867 151956 601166 183301 TOTAL GOVERNMENT 2111515 23116265 21077133 61359 170072 ENDOWMENT Alumni Library For Books 2583 Alumni YMCA For V R A 109989 W H Bocock For Books 122 B A and T N Denmark For Maintenance 277622 Franklin College Research 519553 Mary J Franklin Maintenance 9720 George R Gilmer For Education General 30339 Journalism Deans Fund 69561 Landscrip Fund Maintenance 73 Edmund Magers General Purposes 53 Geo Foster Peabody For Law Sch8939 William Terrell For Prof Dr A W Scott 16612 TOTAL ENDOWMENT 30380 ft 32963 11867 20000 13856 1022 llill 117112 117112 277622 867008 800000 616561 11781 11781 9720 18016 18016 30339 69561 1 86050 1 86050 73 250 303 1126 10065 71210 71210 16612 1682185 1557532 1230119 70 T Balance Balance r Beginning Income Expenditures End sv of Year for Year for Year Transfers of Year 1 y f A EDUCATIONAL AND GENERAL Continued jjN pL1 GIFTS vi J4 American Learned Society For Calvin Brown 156600 156600 y1 b Atomic Energy Commission f For Research Atomic Energy Savannah 58808 177370 225083 11095 River For Research Braselton Hatchery For 1000000 860190 71071 60736 y U Poultry Fuller Callaway Community Fund 10000 10000 For Art 80000 80000 hv U Carnegie Foun For Research it 99025 17357 27031 21637 Cereal Inst For Home Ec 251 03 251 03 Chicopee Mfg Co For H 1 Univ Press 100000 100000 Clarke Co Milling Co For Poultry 10000 10000 Colonial Feed Co For T I Poultry Fuller 10000 10000 H Dahlonega Feed Hatchery For Poultry Fuller 10000 10000 7 Emory Univ For Atlanta Area 630000 630000 Game and Fish Commission A For Wildlife Cons 800000 672920 127080 p P Agricultural Educ Relations Sales 1575511 t y G E B 2210583 y 250000 1728921 1685163 622037 G E B For Art 1951 210327 239713 611 G E B For Art 1952 687500 U88378 199122 y G E B For Lib Math 1727950 1658552 69398 General Mills For Nutrition 110906 250000 112636 218270 V Ga Feed Assn For w Poultry Fuller 10000 10000 f Ga Forestry Com Survey 30iOOOOO 986228 2013772 lr r Ga Poultry Imp For Veterinary Medicine 53308 53308 4 Ga Power Company For Ag Ed Relations 50000 50000 iK A Ga Womans Club For Ed 9939 9939 Eli Lilly For Pharmacy Marbut Milling Co For h00000 62679 337321 a p Poultry Fuller 50000 50000 Milk Control Board For Dairy Short Course 100000 68107 31893 Misc Various For Landscape Ordnance Army For 1796 1796 V Research Fort 105500 105500 Ordnance Army For fi t P f Research Huff Osmose Wood Co For Wood 219230 219230 Preserving 60000 20000 10000 Balance Beginning of Year Income for Year Expenditures for Year Transfers Balance End of Year A EDUCATIONAL AND GENERAL Continued GIFTS Continued Rosenwald Fund Education SearsRoebuck Foundation For Ag Ed Relations Sou Assn Ice Cream Mfg For Dairy 1 Sou Guano Co For Poultry Fuller Sou Reg Council For Vet Medicine Tsali Inst Cher Ind Term Corp Pine Nutrition Various Press Viking Fund Geography M J Witman For Univ Press TOTAL GIFTS ft SALES AND SERVICES Math Books 6138 6138 100000 100000 00000 100000 10000 10000 9200000 9200000 100000 38950 iUi65 50000 3550 25300 25300 65859 65859 10000 10000 6100 60615 6500 6500 TOTAL EDUCATIONAL AND GENERAL 1085158 11637761 12172805 3851211 l98873 B OTfffiR NONEDUCATIONAL ENDOWMENT SCHOLARSHIPS Advancement of Art Art Scholarship Neil Reid Memorial for Landscape Arch TOTAL ENDOWMENT SCHOLARSHIPS GIFTS SCHOLARSHIPS Amer Foun Pharmacy Ed Fellowship for W D Easterly Atlanta Womans Panhellenic Assn Louise Kemp Scholarship Borden Company For Home Jas F Byrnes Foun For Grace L Miller Clark Chevrolet Corp For Constance E Tant Jennie Fowler Cole For Fred Dean Delta Air Lines For Scholarships Mrs A I DuPont For Margaret Saunders Mrs R M Durr For Poultry Schaffer 15910 1 62U6 t 13000 9156 11500 10000 30000 21500 27110 16216 13000 30656 1 133210 113210 20000 c 150000 18000 18000 30000 120000 50000 19376 621 50000 50000 20500 12963 7537 60000 60000 50000 50000 210066 160000 160000 210066 72 V IU f via A H nJ 4 il 44 w ml j A Jj r i r k If v p wm jjHB II GIFTS SCHOLARHIPS Continued Forestry For Scholarship Gainesville Civitan Club Georgia Feed Association Ruth Hagitti Scholarship Kroger Groc Co Scholarship Mrs E K Mann Billy Barnes Mahmood Mayahi Scholarship Esther McLemore Scholarship G H Neimeyer For Art Rosenblatt Fund For Louise Virg Sears Roebuck For Agr Sears Roebuck For Home Ec Seedmans For Scholarship J H Smith Foun D J SpectQr Stroupe Scholarship Student Activities Orchestra Homer Thompson Gertha Thompson Tithers Inc Nancy Johnson Tithers Inc Mary L Potts Lamar Trotti Frances Sosebee U D C For Gilson Webb U S Dept State Hannelore Muer Union Bag Company For Forestry Various Sources For Music Various Sources For Pharmacy War Orphan Scholarship For Edward Mason Wright R W Woodruff For Forestry TOTAL GIFTS FOR SCHOLARSHIPS TOTAL SCHOLARSHIPS ENDOWMENT AWARDS W J Bryan For Prizes J B Connally For Prizes Geo D Kitzinger 1H Awards Isaac Meinhard For Awards H B Russell For Prizes Cecil Wilcox For Prizes TOTAL ENDOWMENT FOR AWARDS GIFTS AWARDS James Enneis Psychology Michael iros For Award Jesse 5ayre For Award Student Activities Prizes U of Ga Foundation For Bert Michael Award TOTAL GIFTS FOR AWARDS TOTAL AWARDS TOTAL OTHER N0N2DUCATI0NAL TOTAL RESTRICTED FUNDS Mr Balance Balance Beginning Income Expenditures End of Year for Year for Year Transfers of Year 10000 10000 10000 2000 8000 10000 100000 50000 60000 39900 39900 20013 80000 79996 20017 30000 30000 18000 18000 20000 8500 11500 10000 5000 5000 n 30569 30569 10000 1 05177 108509 6668 53336 39998 86660 6671 16000 10000 39000 17000 10000 10000 16000 16000 212313 107100 36000 3137k3 13965 13965 10000 10000 10000 10000 37650 30000 7650 20000 20000 ker 179500 158309 21191 26600 26800 280000 13300 13871 5996 19867 7675 7675 20000 20000 95k12 12000 831 12 1169211 1818730 1967987 1019951 1196621 1861976 2010987 1050610 1250 796 5016 18032 6850 21882 28861 332kk 332kk 28861 3821 2250 6071 10872 8125 10000 8997 5000 23k58 28158 70836 7k723 13211 102315 2000 2000 50000 50000 20000 20000 7030 6000 1500 8530 16901 2767 19 k3 17728 U393k 60767 581 13 16258 111770 135190 101687 118573 1311391 2000166 2112671 1199183 53965k9 k6636227 kk285k79 S18 5121115898056 73 STATEMENT OF TRUST FUNDS BALANCES For Year Ended June 30 1952 Endowment Miscellaneous Funds Loan Funds Funds Balance of Principal Beginning of Year Including income not transferred 232319209 77386022 15501 11 ADDITIONS Gifts and Grants 370000 308531 Income on Investments 7571013 1915581 23661 Notes Recovered 3500 11280 Transfers from Loan Funds 121207 1 Transfers from Endowment Funds Other Transfers 219938 2028821 Miscellaneous 396 5870 TOTAL ADDITIONS 9U06951 1270086 23661 DEDUCTIONS Notes Written Off 219Ui30 Transfers to Other Schools 321611 Transfers to Univ of Ga 1779567 Transfers to Loan Funds Transfers to Endowment Funds 2028821 1212071 Other Transfers 219938 128600 Collection Costs 2000 Awards Prizes etc 27157 10000 Expenses of Trust 1211 78 1311 30705U Miscellaneous 179310 Trans of WJ Young to U of Ga 727717 TOTAL DEDUCTIONS 5M7659 3606115 307051 Balance of Principal End of Year including Income not transferred 36318501 78019663 1267018 GRAND TOTAL 315635212 STATEMENT OF TRUST FUND BALANCES BY FUNDS For Year Ended June 30 1952 Fund Balances Fund Balances Beginning of End of Year Additions Deductions Year ENDOWMENT FUNDS Fund for Advancement of Art 778002 62146 62I46 778002 Alumni Library 1103396 30380 30380 1103396 Alumni Y M C A 13U696U U4867 1414867 13U696l4 W H Bocock ij0728 1277 ie22 140983 Charles H Brand 119160 3239 3239 119160 Charles McDonald Brown U9293305 1793980 2000 51085285 Henry Warren Brown 2606600 65936 2672536 William J Bryan Prize 21789 796 796 214789 Bernice F Bullard 2617855 214i4l4 07 83609 2778653 Elizabeth M Bullard 5111379 153628 5298007 A F Churchill Memorial 3123952 253200 99090 3278062 Edward T Comer 35559985 10214573 87814814 357060714 Hugh Moss Comer 291000 291000 Joe Brown Connally 2U6553 6650 6850 216553 May E Talmadge D A R U7U177 37862 12862 199177 Richmond W McCurry D A R 150000 1367 U367 150000 B A and T N Denmark 3615393 11714142 11714142 3615393 William Stark Denmark 1783012 10872 182388U Eugene and Harry Dodd 156U38 U780 161218 Philip Feingold 106193 2U36 108629 Franklin College 11800000 867008 867008 11800000 Mary J Franklin U35900 121481 I2I48I4 i35900 Ebb W Gallaher Memorial 500000 12500 512500 George R Gilmer 1513000 1480146 1480146 1513000 Harold Hirsch 131262 3593 1314855 A L Hull Memorial 1151 760 11911 Interfraternity Council 100000 100000 Clyde L Jr and John King 1250000 35000 35000 1250000 George D Kitzinger Award 1179007 332I4I4 332I4I4 1179007 Joseph Rucker Lamar 2500000 972h9 97219 2500000 Landscrip 2ali40217 6146050 566050 24220217 Francis A Lipscomb 21507U 6365 221139 Emma Long 59370 1515 60885 Lumpkin Law School 28772U2 l76l7U II42OO 3039216 Joseph Henry Lumpkin 1525585 U3512 1569097 Charles F McCay 27U11710 697085 28108795 Edmund Magers General 10279 250 250 10279 Isaac Meinhard 100000 2250 2250 100000 Bert Michael 85000 2767 2767 85000 Thomas E Mitchell 13986526 14398714 l 39871 13986526 Thomas E Mitchell Univ of Ga UlU5oU6 14114583 2135145 143146084 Thomas E Mitchell Coordinate 2626511 311730 191219 27147022 Pearl Campbell Moop 2383014 6732 215036 C A and H B T Moon 239619 6656 2146275 Music Scholarship 206500 15996 5996 216500 George Foster Peabody 17500 1126 1126 U7500 PhelpsStokes Fellowship 1814517U 52291 195025 170214140 Benjamin Z Phillips Law 1351111 143089 1391200 A W Reed Memorial 1469612 13885 1 83497 75 ENDOWMENT FUNDS Continued Fund Balance Beginning of Year Additions Deductions Fund Balance End of Year H L Richmond Fellowship e 2879935 72528 2952863 Horace B Russell 191313 8125 8125 191313 Edward S Shorter 8380614 59000 897068 Hoke Smith Memorial 1 17080 6500 853580 Martin R Smith Prize 395780 11936 10712 396978 0 V Smith 6169133 75261 6211391 William Terrell 2013000 71210 71210 2013000 Berryman T Thompson 1328055 51818 11011 1338859 Lamar Trotti Scholarship 387650 7650 310000 Frances Clementine Tucker 71437896 538777 167265 75051 08 J H R Washington Science 103500 7000 110500 Cecil Willcox Prize 200000 23158 231 58 200000 Cecil Willcox Loan 250000 6126 6126 250000 W J Young 713872 5580 789852 TOTAL ENDOWMENT FUNDS 232319209 9U0695l 51 07659 2 36318501 LOAN FUNDS Lucile Alexander 69879 1698 71577 Alpha Zeta 10710 921 11661 Alumni Association 133016 7810 110856 Preston S Arkwright 176150 8383 10000 170533 R and L Arnold 21205 500 21705 Atlanta Cotton Oil Company 19891 1050 50911 Atlanta Journal 159823 3872 163695 Atlanta Stockyards 17271 250 17521 DuPree Barrett 55505 1015 56520 L H Beall 18633 162 19095 Bibb County Dawson 11811 1062 85873 John D Bolton Jr Memorial 88650 11850 100500 Charles H Brand 801 21 3239 83660 Mary Upshaw Broach 37318 871 38192 Charles McDonald Brown 3820769 63I 19 1322057 2162161 Henry Warren Brown 110812 1095 37698 71209 Bryan County Dawson 2570 776 2570 Shepherd Bryan 37825 209298 38201 Bernice F Bullard 612732 89016 5221 50 Asa 0 Candler 27580 618 28228 Charles H Candler 28808 638 29ll6 Carroll County Dawson 32050 776 32826 ChamberlinJ ohnsonDuBose 66136 11 13 67579 Charlton County FH Club 16198 376 16571 Chatham County Dawson 26511 621 167100 27165 A F Churchill Memorial 1023218 109307 965825 Citizens Southern Bank 1768508 15638 30000 1781116 Class of 1926 31600 738 32338 Obadiah Lewis Cloud 518996 12625 531621 Mrs J H Cloudman 17551 818 13091 35278 Cobb County Dawson 26707 619 27356 Columbia County Dawson 8389 68 11 57 Edward T Comer 5835635 998188 116089 6283691 Hugh Moss Comer 323500 3000 326500 289263 Elijah Clarke D A R 225553 32636 8926 D A R Memorial 1322566 121 23 11950 1323039 May E Talmadge D A R 200286 12862 17500 165618 Richmond W McCurry D A R 511 22 1367 55789 76 Fund Balance Fund Balance f Jos LOAN FUNDS Continued Beginning of Year Additions Deductions End of Year II Lila Napier Jelks D A R 66003 1500 67503 Edgar G Dawson 32311289 939886 65568 33188607 DeKalb County Dawson 78966 818 9180 706OU William Stark Denmark 111500 32000 79500 11 Eugene and Harry Dodd 10599 5iioo 5199 t Druid Hills Methodist Church 17865 ii00 18265 V n J C Dukes Home Economics 132781 3188 135969 J C Dukes Agriculture 156562 3750 160312 J C Dukes Bus Adm 132571 3186 135757 Early County Dawson 9859 318 10207 ma Elbert County Dawson 7S2ll 1651 76865 vi Eipsilon Sigma Pi 8011 126 6137 Exchange Club of Atlanta 29720 193 30213 A 4 W W Findley 331395 1025U 8000 3366U9 fkl t Lucy Hurt Fischer 190303 2973 58000 135276 Charles W Ford 90U69 1386 91855 V ft Forestry 108664 197U 110638 liH Club 213502 lli321 227823 I Freshman Y Commission 9577 9577 Fulton County Dawson 61101 liiU2 625U3 11 Georgia A and W P Railroad 60335 960 61295 Georgia Bankers Association 1511510 35358 83729 Ili93139 Georgia Power Company llli7li73 27705 59039 1116139 Girls Canning Club UU1U13 2li032 61i8ii ii 58961 Glynn County Dawson 25939 566 26507 Grady County Dawson 29913 680 30593 m Hall County Dawson 698I43 l5iiU 71387 Hancock County Dawson 56139 1318 57i57 bMsK James Coffey Harris 73768 1726 751i9li Frank Hawkins U5ii25 1068 U6193 A L Hull 22308 20500 1808 vi James H Hunt 12000139 381718 2167 12379720 Jasper County Dawson 30585 192 30777 WS Mrs Graham Johnson idi52U 081 U5605 Bess D Jones 29988 652 306 iiO Sallie Maude Jones 200000 151250 351250 yy Junior League of Atlanta 299Ul 3211 30265 Jfc J B Keough 27231 62ii 27855 A 1 Clyde L Jr and John King 82615 35000 117615 m Kirkwood P T A 38025 51U 6500 32039 Joseph Rucker Lamar 507785 972U9 60503l Rb Landscape Architecture 77382 217U 79556 F E Lanier 1331 1331 Laurens County Dawson U88ll 77ii 19585 Francis A Lipscomb 56615 U5000 11615 rjmj Arthur Lucas lij896 326 15222 I Joseph Henry Lumpkin 88726 26698 62028 Mrs P C McDuffie 15000 15000 V f McIntosh County Dawson 220371 1376 221717 lt Macon County Dawson 96760 1776 98536 3P Mr and Mrs T 0 Marshall 89265 23ii07 112672 f R H Martin 25955 57l 26529 Meriwether County Dawson 31392 500 31892 V D 77 Fund Balance Fund Balance Beginning End of LOAN FUNDS Continued of Year Additions Deductions Year Moina Michael 60818 1576 62391 Thomas E Mitchell Georgia 1001650 231273 210196 998127 Thomas Mitchell Coordinate 2099136 195172 339061 1955217 Moon 1000 1000 Muscogee County Dawson 5931a 1398 60739 R C Neely 605ll 11 38 61919 C T Nunnally 16817 250 17067 J Carroll Payne 881 08 1750 90158 Phi Delta Phi 5203 5203 Benjamin Z Phillips 81331 850 831 81 John T Pittard Memorial 31000 7500 11500 Bertha Rich 15331 271 15605 Richmond County Dawson Boys 155083 3726 158809 Richmond County Dawson Girls 119987 21 86 1221 73 E Rivers 27818 650 28198 Rockdale County Dawson 10026 626 1000 39652 James D Robinson 26701 621 27328 S D V Fraternity 16177 376 16553 Sale City Dawson 109606 21 02 112008 Savannah District Dawson 27283 638 27921 John D Simmons 22637 500 23137 Hoke Smith 58826 11 21 60250 State Home Demonstration Council 93051 9399 3787 98663 Students 183933 1935 15500 170368 Student Veterans 59952 1820 61772 Mark Sullivan 17718 218 17966 Sumter County Dawson Boys 271800 1326 276126 Sumter County Dawson Girls 179065 3736 182801 Tattnall County Dawson 11231 650 11881 Telfair County Dawson 1000 1000 Thomas County Dawson 21568 500 22068 Berryman T Thompson 681690 16210 10801 720126 Meldrim Thompson 25363 511 25877 Max B Thurmond Memorial 100000 100000 Toombs County Dawson 21500 250 21750 Frances Clementine Tucker 2628013 366116 67512 2926677 Leila Bates Tye 109781 2726 112507 U S Government 16912 1160 18102 Ware County Dawson 16772 526 20000 27293 Washington County Dawson 37366 650 38016 Louis Wellhouse Memorial 133652 9131 112786 C P Whitehead 101297 2552 106819 Whitfield County Dawson 56917 1236 58183 Cecil Willcox 16759 6126 17708 35177 Robert Woodruff 51220 521 51711 Ida Young 572118 10270 86250 196I38 TOTAL LOAN FUNDS 77336022 1270086 3606 15 78019663 MISCELLANEOUS FUNDS Georgia 1H Club Foundation 529312 6517 307051 228835 Georgia 1H Club M B Lane 1099 1099 78 MISCELLANEOUS FUNDS Continued Fund Balance Beginning of Year Additions Deductions Fund Balance End of Year Georgia 1H Club Negro Camp Georgia UK Club Rock Eagle Georgia 1H Club Univ of Ga Home 7000 1000000 10000 171 Ht 7000 10171 lit 10000 TOTAL MISCELLANEOUS FUNDS 15501411 23661 307051 1267018 TOTAL TRUST FUNDS 1311255672 13700698 9321158 315635212 SUMMARY OF TRUST FUND INVESTMENTS For Year Ended June 30 1952 ENDOWMENT FUNDS Bonds U S Treasury Bonds State and Municipal Stocks Common Real Estate Atlanta Real Estate Jackson Street Loans on Real Estate Univ of Ga Bldgs Loans on Fraternity Homes Loans Clarke Howell Wings Loans Milledge Annex Wings TOTAL ENDOWMENT FUNDS STUDENT LOAN AND MISCELLANEOUS FUNDS Bonds U S Treasury Notes Receivable Students Common Stock Fraternity Loans University of Georgia Buildings Clarke Howell Wings Milledge Annex Wings North Georgia College Savannah State College H H Hinton Property Savings Account Misc TOTAL STUDENT LOAN AND MISC FUNDS Book Market Value Value 136360000 130957333 14900000 5316250 1925916 2373075 21450000 7600000 110000 2500000 2140140520 21010520 2175000 2175000 27979325 27979325 27069828 27069828 2380140619 230011331 19758000 19021381 9887112 9887112 100 7l43580U 71 35801 137191439 13719U39 31568 31568 87326U2 87326U2 3529U83 3529U83 26147112 2617112 131U975 131U975 10171114 1032371 680766149 67355187 306117268 297366518 TOTAL TRUST FUND INVESTMENTS DETAIL OF ENDOWMENT FUNDS GOVERNMENTAL BONDS For Year Ended June 30 192 STATE AND MUNICIPAL BONDS Atlanta City of Columbus City of Columbus City of Decatur City of Muscogee County of Muscogee County of Savannah City of Savannah City of Savannah City of Georgia State of Constitutional Debt TOTAL STATS AND MUN late of Interest Maturity Date Book Value Market Value bp 3p hp bp bp uh 7156 100000 109000 2153 100000 100500 9151 500000 525000 9152 700000 700000 Ui55 00000 28000 It156 200000 218000 3 121559 100000 105000 up b2 8155 100000 106750 2159 2700000 10000000 302U000 L BONDS 1U900000 53162So UNITED STATES TREASURY BONDS U S Treas Series F 253 U STreas Sris F 253 U S Treas Series F 253 U S Treas Series G 2p U S Treas Series F 253 U S Treas Series G U S Treas Series F 253 U S Treas Series F 253 U S Treas Series F 253 U S Treas Series G 2p U S Treas Series G 2 US Treas Series F 253 U S Treas Series G 22 U S Treas Series F 293 U S Treas Series G 2 U S Treas Series F 253 U S Treas Series F 293 U S Treas Series G 2f U S Treas Series F 293 U S Treas Series G 22 U S Treas Series F 293 S Treas Series G 2ps US Treas p Series G 23 U S Treas Series G 2j U S Treas Series F 293 U S Treas 24 U S Treas Series F 293 U S Treas 2z U S Treas Series G 22 U S Treas Series G 2i U S Treas Series G 2 U S Treas Series B 275 TOTAL U S TREASURY BONDS 6155 100000 88700 7155 132500 117527 10155 20000 18000 ni55 3200000 309UU00 ni55 5000 1370 1156 3915000 3785805 2156 5000 143014 Ul56 180000 15U980 6156 35000 3013ii 6156 3700000 3566800 7156 ioU5ooo 10 042 45 7156 20000 16960 12156 3382500 3250582 12156 100000 84800 1157 100000 95800 2157 3850000 3211750 5157 17500 14609 6157 120000 114960 6157 10000 8220 6157 1U25500 1361353 8157 5000 4110 8157 50000 17750 2158 50000 47600 7158 40775000 38817800 10159 7i4000 95900 9155956 4700000 4709400 12160 7U000 96000 6156259 300000 298800 6161 10000000 9560000 3161 7539000 7207284 12157267 250000 213250 Ul8075 51180000 19798110 136360000 130957333 TOTAL U S TREASURY GOVERNMENTAL BONDS 151260000 136273583 DETAIL OF ENDOWMENT FUNDS COMMON STOCKS For Year Ended June 30 1952 Book Market Value Value COMMON STOCKS American Telephone Telegraph Company 9h shares 1118820 1UU9950 Blanchard and Booth 2 share 100 Land Company of Florida 5 shares 100 Perkins Hosiery Mills 96 shares 100 General Motors Corporation 50 shares 250160 291875 Sacony Vacuum Oil Company Inc 100 shares 277U10 391250 United Steel Corporation 60 shares 279256 2R0000 TOTAL COMMON STOCKS 1925916 2373075 DETAIL OF LOAN FUNDS GOVERNMENTAL BONDS For Year Ended June 30 1952 Rate of Maturity Book Market Interest Date Value Value U S TREASURY BONDS U S Treasury Series G 2h 1115 5800000 5608600 U S Treasury Series G 2fo 1156 85000 82195 U S Treasury Series G 2 p 7156 iU55ooo 1398255 U S Treasury Series G 2 12156 917500 881718 U S Treasury Series F 253 2f 2157 h50000 375750 U S Treasury Series G 6157 io7U5oo 1026li7 U S Treasury Series G 22 7158 1595000 1518UU0 U S Treasury Series 2 9155956 600000 601200 U S Treasury Series G 3161 2li6lOOO 2352716 U S Treasury Series B 215 UI8O75 5320000 5176360 TOTAL U S TREASURY BONDS 19758000 19021381 DETAIL OF LOAN FUNDS COMMON STOCK For Year Snded June 30 1952 Book Market Value Value COMMON STOCK Pittsburg Piacer Gold Mine Co 200 shares 100 TOTAL COMMON STOCK 100 STATEMENT OF RECEIPTS AND DISBURSEMENTS TRUST FUNDS For Year Ended June 30 1952 RECEIPTS INVESTMENTS REALIZED Bonds Real Estate Note Loan Univ of Ga Bldgs Loan Clarke Howell Wings Loan Milledge Annex Wings Loan Fraternity Homes Loan H H Hinton Property Loan North Georgia College Student Loans TOTAL INVESTMENTS REALIZED INCOME FROM TRUST Interest Bonds Interest Univ of Ga Bldgs Interest Clarke Howell Wings Interest Milledge Annex Wings Interest Fraternity Homes Interest H H Hinton Property Interest North Georgia College Interest Real Estate Note Dividends on Stocks Rents Interest Student Loans Transfer from Savings Account TOTAL INCOME FROM TRUSTS FUND TRANSFERS To From NET TRANSFERS MISCELLANEOUS Gifts Recoveries Miscellaneous TOTAL MISCELLANEOUS TOTAL RECEIPTS Cash Balance July 1 1951 TOTAL RECEIPTS AND CASH BALANCE Endowment Loan Miscellaneous Funds Funds Funds Total 2680000 2680000 16372 16372 3158866 1606952 k765818 3k9508 U32 3k99kO 31729s 102358 k19653 175000 226199 U01199 51558 51558 90379 90379 kl02112 kl02112 66970kl 6179990 12877031 Ut699li9 it96373 23661 1989983 799237 k 59800 1259037 83U050 201 831251 8kl09k 281828 1122922 105750 26k913 370663 381tlt2 38kk2 108596 108596 kl6 k16 123275 123275 397272 25550 k22822 239878 239878 53027k 53027k 75710k3 1915581 553935 iooko559 96207k 2028821 2990895 2028821 96207k2990895 10667k7 10667k7 30000 30853k 338531 3500 11280 lk780 396 5870 6266 33896 32568k 359580 13235233 9k88002 553935 23277170 2077k95 8183588 2671k 6132807 11157738 17671590 5806k9 29k09977 82 DISBURSEMENTS INVESTMENTS Loan Clark Howell Wings Loan Milledge Annex Wings Loan Alpha Gamma Rho Student Loans TOTAL INVESTMENTS EXPENSES OF TRUST Salary of Trustee Repairs and Insurance Prizes Fellowships etc Collection Costs Transfers Univ of Ga Transfers Other Institutions Charge Offs Student Loans Miscellaneous TOTAL EXPENSES OF TRUSTS TOTAL DISBURSEMENTS Cash Balance June 30 1952 TOTAL DISBURSETffiNTS AND CASH BALANCE Endowment Loan Miscellaneous Funds Funds Funds Total 5570033 lil 50923 35000 lii 16666 2865U25 5605033 1150923 111 16666 2865125 9720956 1317091 11038017 90000 I 90000 31U78 31U78 27157 loooo 67157 2000 128600 130600 250731ii 2507311 321611 321611 219lU30 21911 30 179310 1311 330715 511366 3158900 2361371 330715 5853986 12879856 668li62 330715 19892033 1722118 10990128 219931 9517911 11157738 17671590 580619 291 09977 83 STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 Cash Balance July 1 1951 Receipts Disbursements Cash Balance for Year for Year June 30 1952 URRENT FUNDS General Restricted General Auxiliary General Extension 28863119 6698816 21991836 9181212 317886681 308005118 16638227 17139017 106581527 106826828 32839057 37709771 38711982 5898056 21716535 1313195 TOTAL CURRENT FUNDS 66738313 503915192 199980767 70703068 GENCY FUNDS 25079572 98221811 91152386 29119000 LANT FUNDS 26195213 110867967 60022222 77310958 RUST FUNDS Miscellaneous 26711 553935 330715 219931 Endowment 20771 95 18292858 17937181 1722118 Loan 8183588 8270616 5161106 10990128 TOTAL TRUST FUNDS m 6132807 27117139 23732302 9517911 TOTALS i 2Ui15935 710152712 677887677 1 86710970 Cash and Cash Balances General Restricted Auxiliary Plant General Extension and Agency National Bank of Athens Cash on Hand 176572201 620825 177193026 Trust Funds National Bank of Athens 9071018 C S National Bank Atlanta U i03 36 Cash on Hand 6560 9517911 TOTAL 186710970 Agr Engineering Scholarship Alpha Gamma Rho Alpha Phi Omega Alumni Society Art Auction Art Exhibit Atlanta Constitution Bacteriology Breakage Tap Bennett Portrait Breakage General Bureau business Research Chemistry Breakage Columbus OffCampus Commemorative Plates Community Concert Commutations Demonstration School Cafeteria Employees Retirement Experimental Forestry Faculty Flowers Family Life Conference Farm Short Course Federal Housing Project Foreign Tours Forestry Camp Founders Memorial Garden G B Southern Educ Film G 0 P Social Fund G10 Sesquicentennial Georgia Power Company Georgia Power Company Rights Gift for Pharmacy Jean Grougrou John Hancock Insurance Rsv Home Economics School Lunch Home Management Industrial Arts Interfraternity Council Intramural Laundry Lectures Lectures M S A Short Course Military Deposits Model Fee Movie Project Music Parents Day Pegis Club STATEMENT OF AGENCY FUNDS For Year Ended June 30 1952 Cash Balance Receipts Disbursements Cash Balance July 1 1951 for Year for Year June 30 1952 02 02 117000 5000 200560 120587 178220 15W 30528 21500 10913 25795 900 86l53li 870627 11619 900089 529373 6000 33UU9 10871 U0510 1 60129 31 76671 114039 2092918 171U6 237027 112351 316839 2528 136 171 15 25003 21892 32377 891636 115 113038 69231 23310 35000 108239 3193158 3615 710953 1101 15000 12866 7500 72000 113ll 11 3625386 90508 57607 1081750 63392 217519 130278 570392 23835 559900 335125 5805911 20313 90000 3l7l 1601590 6952235 1278 7225 97950 330000 1705602 16611 32 50U03 51177 108908 38092 5000 161810 35750 119116 119661 31537 539 21500 51628 12110 900 751610 980521 6158 51 91 389870 1039592 60 00 6103 67917 1 71976 28663 31 76671 2035688 201269 235805 18366 121092 35098 2661 281 90 13958 16002 8267 891836 115 99221 113015 16756 11581 3291331 7066 3615 30552 6801 01 1101 15000 12866 73500 6000 3267201 11 92599 90508 1065297 71060 190652 90289 761260 239110 556328 27l07 51 31232 710101 91911 181 02 31 71 77300 77300 7895183 3658612 10772 731 297215 130705 1915571 li5ll60 501 03 37016 11161 PhD Thesis Phi Epsilon Pi Physics Breakage Pi Kappa Alpha Pi Kappa Phi Portrait Account Presidents Reception Religious Activities Reserve Red and Black Sales Tax Animal Husbandry Sales Tax Creamery Sales Tax Dining Halls Sales Tax Experimental Forestry Sales Tax Horticulture Sales Tax Meat Curing Sales Tax Poultry Sales Tax Press Sales Tax Printing Sales Tax Student Union Sales Tax University Stores Shorter Fund Sigma Nu House Sigma Pi State Home Demonstration Student Activities General Student Clubs Student Faculty Teas Student Fund for Men Student Fund for Women Student Papers Student Union Study of Georgia Negro Towel Deposit Traffic Fine Typing Veterans Thesis Unallocated Student Activities Uniform Test Proc University Band Vending Machine Veterans Reader Service Vet Hygiene Breakage Vet Medicine Library Vocational Rehabilitation Amon Wein White House Conference Workshop Lunchroom SubTotal Registration Deposits Retirement Withholding Tax TOTALS Cash Balance Receipts DisbursementsCash Balance July 1 1951 for Year for Year June 30 1952 15000 20000 1 116998 163200 2U0000 111159 9178 11323 13600 329350 322833 99750 225900 239050 19720 U00 196658 570275 558631 531735 itou33 672 561 10569 188817 191637 1662 30152 32163 27 2533 2139 905 11922 15002 20961 173811 165711 63 59 579 8619 8327 287 7355 7231 150 20571 20061 26I69 550l 20 573892 19661 25000 19UU1 20829 371950 258000 59100 38206 17801 11910 30877 1U 21359 11651378 11606710 10800 281600 281500 12000 2500 72161 76800 57951 31729 75000 88607 l00032 2087500 2087500 126867 ll11182 1513768 17500 11231 92850 61223 73U72 2 61260 191925 285225 157615 171801 13331 80000 50000 150000 1U9991 13105 U 21I 69 U28185 2125U 1969 6000 12633 11960 5500 1710 3U565 31600 31600 120000 60000 180000 5975 91811 75870 192561 17 52806382 19868337 f 376500 1666501 12062168 11918601 3780151 33353261t 323651U8 35000 10198 11231U 50117 86600 19720 iOO 208302 191302 111 1719 26 51 121 825 2909U 01 901 I11 657 2997 25220 131779 21191 183U 11 66027 10900 9500 91013 21122 U00032 27281 17500 72858 115807 299381 13331 09 6389 21251 1031 12633 18720 3U565 5975 15971 82219UU62 376500 1810068 U767970 25079572 982218 Ill 91152386 291U9000 86 STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1952 Funds for Plant Additions Debt Service Total BALANCE BEGINNING OF YEAR ADDITIONSt GOVERNMENTAL APPROPRIATIONS State of Georgia Board of Regents OTHER INCOME Rent Lumpkin St Property TRANSFER FROM GENERAL FUNDS For Warehouse For Purchase of Lumpkin St Property For Gas Main For Steam Line Forestry For Grounds and Walks For Heating System Central For Paving Parking Lots For Baldwin Hall Equipment For Stokers For Academic Heating For Gilbert Memorial Hospital For Repairs Other TOTAL TRANSFERRED FROM GENERAL FUNDS TRANSFER FROM TRUST FUNDS For ClarkeHowell Wings For Milledge Annex Wings TOTAL TRANSFERRED FROM TRUST FUNDS TRANSFER FROM AUXILIARY ENTERPRISES For Rent Dorms and Dining Halls General For Repairs to Barracks TOTAL TRANSFERRED FROM AUXILIARY FUNDS TRANSFER FROM GENERAL EXTENSION For Renovation of Candler Hall TOTAL ADDITIONS DEDUCTIONS PLANT ADDITIONS BLDGS ADDITIONS TO BLDGS 165 Waddell Street Title Architects Fees Clarke Howell Wings Milledge Annex Wings Lumpkin Street Property Print Shop Vet Medicine Building Vet Medicine Bldg To complete Warehouse TOTAL BUILDINGS AND ADDITIONS 26195213 26U95213 65181300 65181300 8 V 107911 107911 a 2200000 5770000 11 00000 180000 5000 00 7500000 00000 750000 380000 6000 00 21 77500 a w 500000 2200000 5770000 11 00000 180000 5000 00 7500000 00000 750000 380000 6000 00 500000 21 77500 22157500 500000 22657500 1 5605033 111 50923 5605033 11150923 9755956 9755956 1600000 1562300 1562300 1600000 1600000 1562300 6162300 7000000 7000000 105805667 5062300 110867967 21550 21550 571168 57lil68 9099335 9099335 13983776 13983776 5963327 5963327 1069179 1069179 818796 818796 11381636 11381636 2200000 2200000 ii5llli767 Ii5lllt767 87 IMPROVEMENTS OTHER THAN BUILDINGS Gas Main Grounds and Walks General Grounds and Walks Presidents Home Heating System Central Steam Line Forestry Tennis Courts TOTAL IMPROVEMENTS OTHER THAN BUILDINGS EQUIPMENT Baldwin Hall Band Pharmacy Stokers TOTAL EQUIPMENT TOTAL EXPENDITURES FOR PLANT ADDITIONS DEBT SERVICE RETIRED Not Capitalized General Dorns and Dining Halls Rent Gilbert Memorial Hospital Rent TOTAL DEBT SERVICE REPAIRS Not Capitalized Other Fire Hazards State A A A Building Barracks TOTAL REPAIRS TOTAL EXPENDITURES Not Capitalized TOTAL DEDUCTIONS BALANCE END OF YEAR Funds for Plant Additions Debt Service Total A 567731 567731 372956 372956 162165 162165 297337 297337 180000 180000 711293 711293 22911 82 2291182 652701 A 652701 371771 371771 1 ol9 68 U0i968 69736 69736 1502179 A 1502179 U8908U28 U8908U28 15622 19 1562219 5000 00 500000 50622 19 5062219 95297 95297 1039361 Uo39361 663500 663500 1253U17 1253117 6051575 6051575 6051575 50622 19 11113791 51960003 50622 19 60022222 77310877 81 77310958 M V y a Jjli I hf p I nB 3 k I V i Ml 0 88 STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1902 HI BUILDINGS Architects Fees Clarke Howell Addition Crawford W Long Title Lumpkin Street Property Milledge Annex Addition Print Shop Thomas W Reed Hall Veterinary Medicine Building Vet Medicine Building Comp Warehouse IMPROVEMENTS OTHER THAN BUILDINGS Gas Main Grounds and Walks General Grounds and Walks General St Grounds and Walks Presidents Heating System Paving Parking Lots Steam Line Forestry Tennis Courts EQUIPMENT Baldwin Hall Band Candler Hall New Heating System Academic Pharmacy Stokers Mil Lib etc DEBT SERVICE General Dormitories Rent Gilbert Mem Infirmary Rent REPAIRS Repairs Other Repairs State A A A Building Barracks Auxiliary Candler Hall SUBTOTAL UNEXPENDED PLANT FUNDS TOTAL PLANT FUNDS Balance Receipts Disbursements Balance July 1 1951 for Year for Year Transfers June 30 1952 3600000 ft V 571168 3025832 3l 91302 9099335 5605033 11500 21550 10050 107911 5963327 61 17500 562081 9832853 13983776 1150923 669211 1069179 399965 579033 579033 2097286 818796 1278190 11931300 11381636 33552661 2200000 2200000 567731 11 00000 832269 372956 500000 127011 e 250000 250000 168620 162165 61 55 297337 7500000 7202663 00000 1 00000 180000 180000 756712 711293 151 19 652701 750000 97299 371771 375000 226 1000000 1000000 600000 600000 107810 1 01968 2872 69736 380000 310261 1562219 1562300 81 500000 500000 95297 21 77500 2382203 20000000 1039361 15960639 663500 663500 1253117 1600000 316583 6000000 6000000 21011357 65292211 60022222 18250801 71562150 51 53856 2675018 2778808 26195213 65292211 60022222 15575756 77310958 Transferred from Unexpended Balance 2265033 89 STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1952 Year Acquired Investment Beginning of Year Additions Deductions Investment End of Year LAND Franklin Campus 37 acres 13 acres 13 acres Jackson St 7 acres Prince Ave College of Agriculture 150 acres Coordinate Campus J4O acres TOTAL CAMPUS 180U 193738 1937U2 19k9 1928 i860 5550000 1950000 2500000 700000 U5ooooo U56oooo 5550000 1950000 2500000 700000 U5ooooo U56oooo 19760000 19760000 OffCampus 150 acres Denmark 870 acres 1875 acres Whitehall U62 acres Hardman 607 acres Watson TOTAL OFFCAMPUS I91U 1928 1936 1936 1933 750000 3265000 1867500 250000 9ooooo 750000 3265000 1867500 250000 900000 7032500 7032500 TOTAL LAND 26792500 26792500 This tract bought by Denmark Dining Hall and later deeded to the Trustees This acreage was composed of over 0 small parcels of land bought with assistance of George Foster Peabody by the Trustees of the Alumni Association and deeded to the University in 1928 in a single deed 90 STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1952 i If kja wi i 4 I k Investment Investment Year Beginning End of Acquired of Year Additions Deductions Year BUILDINGS Franklin Campus Academic 1901 18027001 18027001 Art Classroom 19l8 2135 2135 Athletic Office 1929 100000 100000 Baldwin Hall 1938 28787271 28787271 Boiler Room 198 256500 256500 Brown Dormitory 1932 15000000 15000000 Bus Adm Annex 19U8 2962205 2962205 Candler Hall 1901 10135671 10135671 Chapel 1855 1000000 1000000 Chemistry Annex 198 1836011 1836011 Clarke Howell 1937 1688800 1688800 Clarke Howell Wings 1951 192698 9099335 28363833 CommerceJ ournalism 1927 521 61612 521 61612 Costs 251625 251625 Demosthenian Hall 1821 1500000 1500000 Denmark Hall 1901 5000000 5000000 Field House A 1929 200000 200000 Field House B 1929 100000 100000 Fine Arts 1911 36520000 36520000 Garage and Shop 1912 1381138 1381138 Graduate Dormitory 1910 7060000 7060000 Greenhouse 198 1903859 1903859 Hirsch Law 1932 17552218 17552218 Infirmary Gilbert 192 25686626 25686626 Language and Letters 1938 11800000 11800000 LeConte Hall 1937 9530000 9530000 Library Peabody 1903 15969166 I5969l66 Library Annex 198 31373 1313731 Lumpkin House 1850 1182807 1182807 Lumpkin House Annex 1950 80000 80000 Lustrat House 197 1100000 1100000 Meigs Hall 1905 6000000 6000000 Memorial Hall 1923 38672152 38672152 Military Building 1931 2500000 2500000 Milledge Hall 192139 15000000 15000000 Student Union 576000 576000 Boys1 Girls Dorms 618630 571168 1222798 Milledge Annex 1910 9200000 9200000 Milledge Annex Wings 1951 22238317 13983776 36222123 Moore College 187 7836629 7836629 New College 1823 8312565 8312565 Old College 1801 10135672 10135672 Peabody Hall 1913 10108711 10108711 Phi Kappa Hall 183 1000000 1000000 Printing Shop 1951 330786 1069179 1399965 Reed House 1807 500000 500000 Residence 325 Jackson 193712 300000 300000 91 STATEMENT OF INVESTMENT IN PLANT Continued Franklin Campus Continued Residence 365 Jackson Residence 375 Jackson Residente 385 Jackson Residence 393 Jackson Residence 297 Jackson Stegeman Hall Storeroom Jackson Strahan House Terrell Hall Woodruff Hall Boys Dorms Tucker Howell Warehouse Jackson Street Lumpkin Street Property I65 Waddell Street Investment Year Beginning Acquired of YearAdditions Deductions Investment End of Year 19l2 1 50000 1 50000 193742 350000 350000 193712 300000 300000 193712 250000 250000 193712 250000 250000 1943 13800000 13800000 1938 200000 200000 1856 1280218 1280218 1901 9000000 9000000 1924 7500000 917250 7500000 917250 1951 600000 600000 1952 1952 5963327 24550 24550 5963327 TOTAL FRANKLIN CAMPUS 507588533 30711335 21550 538270318 Presidents Home 11787682 11787682 College of Agriculture A A a Building Abattoir 19l0 1918 5000000 1350000 5000000 1350000 Barracks Fain A 1942 6000000 60y 00000 Barracks Dudley B 1942 3000000 3000000 Barracks Griggs C Barrow Hall 1942 1911 30000 00 75000 00 3000000 7500000 Barrow Hall Shop 1936 800000 800000 Boiler House A 500000 500000 Boiler House B 1912 500000 500000 Boiler House f 1948 900000 900000 Cafeteria Snelling 1910 13300000 13300000 Camp Wilkins 1925 1000000 1000000 Cavalry Barn I92O 750000 750000 Cavalry Barn 1926 100000 100000 Cavalry Barn Annex 1936 60000 60000 Cavalry Office Shack I93O 50000 50000 Cavalry Blacksmith Shop 1920 0000 10000 Connor Hall 1908 20000000 20000000 Dairy Products 1940 12071600 12071600 Dawson Hall 1932 18703585 18703565 Field House 1943 51 33661 513366i Food Processing Canning 1934 300000 300000 Food Processing Meat 5219075 5219075 Forestry 1940 12200000 12200000 Four H Club 300000 300000 Garage near Poultry Bldg I9I3 20000 20000 Garage near 1195 Lumpkin 20000 20000 Greenhouse Veg Flowers 1911 530000 530000 Greenhouse Research 1918 1622701 1622701 Hardman Hall 1919 1500000 1500000 92 STATEMENT OF INVESTMENT IN PLANT Continued ri if f if Investment Investment X k Year Beginning End of amB Acquired of Year Additions Deductions Year 1 College of Agriculture Continued Hoke Smith Extension 1938 7830000 A 7830000 Home Management A 1910 1500000 1500000 Home Management B 1910 1500000 1500000 Home Management C 1910 1500000 1500000 ift Home Management D Laundry 1910 1912 1500000 3050000 1500000 3050000 m Dry Cleaning Plant 1912 U50000 i50000 Boiler Room I9I2 200000 200000 s Gas House 1912 50OOO 50OOO Repair Shop 1912 50000 50000 Lumpkin Hall 1829 1000000 1000000 Mary Lyndon Hall 1937 10210000 10210000 Nursery School 1910 3500000 3500000 va Paint Janitor Shop 1919 50000 50000 Physical Education 1929 15326276 15326276 y W Plant Pathology 1915 1500000 1500000 4 Poultry 1913 1500000 1500000 Residence 1195 Lumpkin 300000 300000 Boiler Room Rear Poultry 1913 20000 20000 Res near 1195 Lumpkin 19U5 80000 80000 ftf Res 223 Burnet Street 1929 100000 100000 I Res 225 Burnet Street 1929 100000 100000 Res 215 Burnet Street 1929 100000 100000 V Livestock Shelters i99999 U99999 ROTC Classroom 19U7 1539000 1539000 Rutherford Hall 1939 iiO5oooo 11350000 Shop Grounds 200000 200000 Soule Hall 1919 12500000 12500000 4 University Stores 1913 350000 350000 Veterinary Building 1917 l66ll00 l66ll00 m Veterinary Clinic 1 1918 1800000 1800000 Veterinary Clinic 2 1918 1201520 1201520 ft Veterinary Medicine 1918 l50l02711 122001 32 162603116 Warehouse AAA Bldg I9I4O 200000 200000 Warehouse 1 on Railroad 19U8 900000 900000 Warehouse 2 on Railroad 1918 900000 900000 Warehouse 1952 2200000 2200000 v 1 TOTAL COLLEGE OF AGRICULTURE 368721531 illlOOl32 383121963 H 1 i Coordinate Campus Barn 1927 50000 1 50000 Bradwell Hall 1896 5000000 5000000 Carnegie Library 1909 3500000 3500000 ri Club House 1909 500000 500000 Dozier School 19II 150000 150000 F Gilmer Hall i860 6500000 6500000 Jf J 1 STATEMENT OF INVESTMENT IN PLANT Continued Year Acquired Investment Beginning of Year Additions Investment End of Deductions Year Coordinate Campus Continued Infirmary 1916 500000 500000 Miller Hall 1917 8500000 8500000 Old Auditorium I898 1200000 1200000 Pound Auditorium 1917 7500000 7500000 Powell House 189U 600000 600000 Residence Foreman 1927 250000 250000 Senior Hall Rhodes I9O6 1000000 1000000 Shop Agriculture 1927 50000 50000 Smith Building 1906 l5ooooo 1500000 Training School 1902 3000000 3000000 White House 1899 100000 100000 Winnie Davis Hall 1902 1000000 1000000 TOTAL COORDINATE CAMPUS 19900000 19900000 Farms 2 Houses Potato Curing Agr 19ll I 2 Houses Potato Curing 19ll 1 House Instrument 19ll 1 House Tool House 19ll 1 House 10 x 16 1916 1 House Experiment 1 House Experiment Barn Dairy Animal Husbandry 1915 Barn Hog Animal Husbandry Barn Horse Animal Husbandry Bairn Isolation Animal Hus 1923 Barn Mule Animal Husbandry 193U Bullpens Animal Husbandry 193h Implement Shed An Husbandry 1920 Office Foremans An Hus 1927 Res A Carlton Ave An Hus Res B Carlton Ave 1915 Res Duplex An Hus 1912 Res A Near Dairy Barn 1912 Res C Near Dairy Barn 1915 Res Near Railroad 1909 Scale Shed An Husbandry 1929 1 Brooder House 16 x 18 19U0 1 Brooder House 18 x 16 19U0 1 Brooder House 16 x 16 19l0 1 Brooder House 16 x 18 190 6 Brooder Houses ll x 16 19U0 6 Brooder Houses 12 x ll 19l0 3 Brooder Houses 15 x 16 19l0 3 Brooder Houses 16 x 20 19U0 2 Brooder Houses 20 x 20 19l0 1 Brooder Inc Bldg 19U0 10000 10000 68000 68000 5000 5000 20000 20000 10000 10000 100000 100000 30000 30000 1000000 1000000 150000 150000 l 00000 1 00000 120000 120000 300000 300000 60000 60000 100000 100000 25000 25000 60000 60000 60000 60000 120000 120000 90000 90000 90000 90000 250000 250000 25000 25000 110000 110000 120000 120000 60000 60000 25000 25000 120000 120000 90000 90000 52500 52500 60000 60000 i5ooo 15000 800000 800000 94 STATEMENT OF INVESTMENT IN PLANT Continued i 1 m Kn i Year Acquired Investment Beginning of Year Additions Investment End of Deductions Year Ml 9 Farms Continued 1 Brooder House 2li x 11 1913 500000 500000 SM 1 Feed Lab Bldg 19h2 700000 700000 Grading and Packing Poultry 1912 80000 80000 i Killing and Dressing n 300000 300000 I 59 Laying Test Bldgs 12 x 11 175000 11 75000 3 Laying Houses 20 x 50 300000 300000 4 ffl 1 Laying House 20 x 50 10000 10000 6 Laying Houses ll x 2l 180000 180000 wj 1 Laying House 12 x llj 20000 20000 10 Range Houses 11x12 1 Residence Poultry 35000 300000 35000 300000 A Hardeman Mem Forest Dwelling 1936 0000 10000 Barn Forestry 1936 10000 10000 fWA Oconee Denmark BarnHort 1936 200000 200000 Cabin Forestry 1936 20000 20000 5 Dwellings Horticulture 19liU 1000000 1000000 Garage and Shed 1936 60000 60000 1 3j Log Cabin Forestry 10000 10000 p i Machine Shed Shop Hort 193839 70000 70000 1 Nursery Bldg Forestry Res B near Dairy Barn 1912 60000 90000 60000 90000 J d Office Horticulture 1935 30000 30000 til i Storage Shed Horticulture 19ll 60000 60000 Sweet Potato House Hort 19U2 150000 150000 f Vegetable Grading House 19lt3 120000 120000 k Watson Springs Barn Forestry 1933 50000 50000 Cottage Forestry 1933 50000 50000 House Forestry 1933 100000 100000 Storage House Forestry 1933 10000 10000 fl Store House 2 Forestry 1933 10000 10000 jr3 Jtj Whitehall Barn Agronomy 1936 100000 100000 Dwelling Agronomy 1936 50000 50000 4fj Field Shed A Agronomy 1936 20000 20000 Field Shed B Agronomy 1936 5000 5000 M 1 Storage House Agronomy 1936 1500 1500 Storage House Agronomy 1936 1500 1500 Tenant House A Agronomy 1936 200000 200000 Tenant House B Agronomy 1936 100000 100000 j Tenant House C Agronomy 1936 10000 10000 ri Tenant House D Agronomy 1936 30000 30000 j Tool House small n 1936 3000 3000 Tool House large n 1936 10000 10000 fr 4 Barn A Animal Husbandry 1936 30000 30000 Barn 3 Animal Husbandry 1936 50000 50000 f J STATEMENT OF INVESTMENT IN PLANT Continued C Year Acquired Whitehall Continued Barn Feed Scales 1936 1 Hog Houses 1936 5 Hog Houses 1936 2 Tenant Houses 1936 2 Tenant Houses 1936 Bam Brick Forestry 1936 Dwelling Brick Forestry 1936 House 1 Forestry 1936 House 2 Forestry 1936 House 3 Forestry 1936 House 1 Forestry 1936 Shed Forestry 1936 Bam Poultry 1936 Dwelling A Poultry 1936 Dwelling B Poultry 1936 Garage Poultry 1936 Laying House 2l x 110 1936 Laying House 20 x 130 1936 20 Range Houses 10 x 10 1936 1 Range Houses 22 x 3U 1936 Remodeled Poultry House 1936 Shop Poultry 1936 Smokehouse Poultry 1936 TOTAL FARMS TOTAL INVESTMENT IN BUILDINGS IMPROVEMENTS OTHER THAN BUILDINGS Streets and Sidewalks Lighting System Heating System Water Systems Landscaping Presidents Home Tennis Courts Gas Mains TOTAL IMPROVEMENTS OTHER THAN BLDGS Investment Beginning of Year Additions Investment End of Deductions Year 150000 150000 200000 200000 12500 12500 200000 200000 300000 300000 60000 60000 55oooo 55oooo 60000 60000 U5000 U5ooo 50000 50000 150 oo U5ooo 30000 30000 200000 200000 1 00000 1 00000 110000 110000 2000 2000 120000 120000 120000 120000 ioooo 10000 30000 30000 120000 120000 2000 2000 1000 1000 17287000 17287000 9S52876 15111767 21550 1000371963 21020999 372956 21393955 3873012 13191767 77337 3873012 13669101 1500000 111735U 162165 1500000 1309519 1213258 711293 195551 567731 567731 119761 20 22911i82 17267902 96 TATEMENT OF INVESTMENT IN PLANT Continued EQUIPMENT Administrative Physical Plant Library Instructional Department Organized Research Extension Dormitories Dining Halls Presidents Home Printing Press Laundry Book Stores Athletic Department Store Room V R A Farm Cow Testing TOTAL EQUIPMENT TOTAL INVESTMENT IN PLANT Adjustments Investment Investment Year Beginning End of Acquired of Year Additions Deductions Year 5386278 509220 5895198 8960l08 1100787 10061195 77337983 112651 16 886031 29 116899616 6628132 123527778 11929987 1127961 16057918 8673583 5l01l0 9213723 15925300 563970 l6189270 667727 70538 166816 6811513 701588 3065361 278910 8916573 35777 89165731 3101138 278910 1575769 3768050 807050 277312 52516 376805o1 1628285 807050 277312 1662801 126179 1662801 126179 278970535 21990765 126816231 288276677 1306021201 69397011 1 2709173 1362712012 97 PART III THE UNIVERSITY OF GEORGIA AGRICULTURAL EXTENSION SERVICE ATHENS GEORGIA Schedule I Schedule Nl 99 BALANCE SHEET June 30 1952 ASSETS I CURRENT FUNDS A GENERAL Cash In Bank B RESTRICTED Cash In Bank TOTAL CURRENT FUNDS II AGENCY FUNDS Cash In Bank III PLANT FUNDS B EXPENDED Equipment FourH Club Rock Eagle 5812U5U U0l772 9215070 300U562 TOTAL ASSETS LIABILITIES I CURRENT FUNDS A GENERAL Surplus B RESTRICTED Fund Balances TOTAL CURRENT FUNDS II AGENCY FUNDS Fund Balances III PLANT FUNDS Invested in Plant TOTAL LIABILITIES AND SURPLUS 5812U5U UoU772 100 6217226 5803093 12219632 2U239951 6217226 5803093 12219632 2U239951 v O m STATEMENT OF l CURRENT INCOME For Year Ended June 30 1952 General Restricted i l M if Income Income Total A EDUCATIONAL AND GENERAL yc PUBLIC APPROPRIATIONS State of Georgia Regular Operations Clarke County 6897601 58102399 65000000 Jl For Non Offset United States 528000 528000 Smith Lever 1S2SZU13 15252U13 t CapperKetcham 3733ili8 37331U8 BankheadJ ones 51129331 51129331 n p BankheadFlannagan 52382269 52382269 Additional Cooperative 2613270 2613270 Research and Marketing 175002 175002 p 4 Farm Housing Forestry Dept For 61000 61000 v Norris Doxey 321000 321000 4n TOTAL PUBLIC APPROPRIA V 4 TIONS 7l 25601 183805832 191231U33 f t GIFTS AND GRANTS Cotton Producers Assn 15061 150611 Ga Crop Improvement Assn 228300 228300 Georgia Eggs Inc li 50000 15oo00 Movie Conservation 200000 200000 im Peanut Club 29200 29200 Southeastern Aromatic Tobacco Company 210000 210000 Tennessee Valley Authority 309513 3091513 V W TOTAL GIFTS AND GRANTS 618111 3711513 1362657 TOTAL CURRENT INCOME 8013715 187550315 195591090 f ji W f vj 101 STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 o to A EDUCATIONAL AND GENERAL EXTENSION State Offset State NonOffset Federal SmithLever BankheadJ ones BankheadFiannagan CapperKetcham Additional Cooperative Research and Marketing Farm Housing T V A Industries T V A 195152 Movie Conservation Georgia Eggs Inc Williams Waterman TOTALS Object Classification Fund Classification General Restricted Salaries Wages Operating Supplies Expense Equipment Total H 57337399 10875232 161 62167 57337399 3733353 321000 1608219 2228981 220150 1057353 66381711 6059lU 86 5391011 393211 66381711 52383815 36317318 1603697 52383815 3733118 3733118 3733118 2613270 2613270 2613270 651073 510258 110815 651073 61000 27390 36610 61000 21111 21111 21111 2769615 2699373 70212 2769615 156909 125097 31812 156909 U96073 1 10251 55819 1 96073 992l18 i20000 3781 18 191000 992118 733353 187951608 119901558 10910617 875786 191687961 Sr 4T L Kgj ikSBai E STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30 1952 Balance Beginning Of Year Receipts For Year Disbursements For Year Balanc End Of Yr Additional Cooperative 1 0 ft 2613270 2613270 0 Bankhe adFla nnagan 1516 52382269 5233815 0 C appe rKe t Cham 0 3733116 3733118 0 Farm Housing 0 61000 61000 0 Georgia Eggs Inc 7588 1 5oo oo 196073 381 85 Movie Conservation 13U1u87 200000 156909 177578 Research Marketing U89998 175002 651073 13927 SmithLever Federal 0 66381711 66381711 0 State For Matching T V A Accounts 0 57337399 57337399 0 Receivable 551062 3067817 2769615 255830 T V A Industries 5522 26666 21111 0 WilliamsWate rman U S D A NorrisDoxey 735000 765000 992ltl8 507582 ClarkeMcNary 0 321000 321000 0 TOTALS 809035 167550315 187951608 li0772 Transfer General Funds to Match 103 STATEMENT OF AGENCY FUNDS For Year Ended June 30 1952 Fund Balance Beginning Of Year Receipts For Year Disbursements For Year Balance End Of Year Federal Retirement 32676a U265aaa a2ao9oa 351301 Federal Withholding Tax 7aoaa3 na8a36a 112106a5 10ial62 FourH Club Construction 6U37a28 30oa562 332866 Regional Film Corporation iaaasi 0 131710 127ai Rock Eagle UH Foundation Hfh9229 2639590 3382652 a06167 State Teachers Retirement 51722a 70189U3 695031U 585853 TOTALS 2878111 318h5769 28920787 5803093 STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 Cash Cash Balance Receipts Disbursements Balance July 1 1951 For Year For Year June 30 1952 CURRENT FUNDS General Restricted 1502062 8010716 809035 187550316 1 3733353 187951608 5812USli UOU772 TOTAL CURRENT FUNDS 2311097 195591090 191687961 6217226 AGENCY FUNDS 2878111 31815769 28920787 5803093 TOTAL 5189208 227U39859 220608718 12020319 Bank Balances Citizens Southern National Bank Athens Georgia 12020319 STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1952 Year Acquired Investment Beginning Of Year Additions Deductions Investment End Of Year A BUILDINGS Rock Eagle hH Camp 1952 TOTAL BUILDINGS 0 3001562 0 3001562 It If 0 3001562 0 3001562 EQUIPMENT Extension 8339281 t 875786 0 9215070 lb Vi TOTAL EQUIPMENT 8339281 875786 0 9215070 J TOTAL INVESTMENT IN PLANT 8339281 38803U8 0 12219632 V n By I miQi w I y5S 9 ly vSj M 106 4 4 i vvjft 4 J AI hL fr 9 V X 9 PART IV THE UNIVERSITY OF GEORGIA ATLANTA DIVISION ATLANTA GEORGIA Schedule 0 Schedule Ul li V 1 If 9 9 V 3 Vf 107 BALANCE SHEET Jine 30 1952 ASSETS I CURRENT FUNDS A GENERAL Cash in Bank 22590197 Accounts Receivable Board of Regents 1951997 Veterans Administration 2710057 Other 26691 l68871l5 TOTAL GENERAL FUNDS 27278912 B AUXILIARY Cash in Bank Accounts Receivable Stores Inventory 11212988 1292369 3975719 TOTAL AUXILIARY FUNDS 19511576 TOTAL CURRENT FUNDS 16790518 II AGENCY FUNDS Cash in Banks Notes Receivable 2099609 630275 TOTAL AGENCY FUNDS 2729881 III PLANT FUNDS A UNEXPENDED Cash in Bank U S Government Bonds 23913673 37500000 TOTAL UNEXPENDED 61113673 B EXPENDED Land and Improvements Buildings Equipment TOTAL EXPENDED 28003635 66756170 391 81697 131211502 TOTAL PLANT FUNDS 195658175 TOTAL ASSETS 215178577 108 m j 1 BALANCE SHEET June 30 1952 1 KK LIABILITIES I CURRENT FUNDS A GENERAL Accounts Payable Purchase Orders Outstanding Unearned Income Surplus 132868 732778 3106219 23307077 TOTAL GENERAL FUNDS 27278912 JR w x B AUXILIARY Accounts Payable Reserve for Stores Surplus 211916 3975719 1529091a TOTAL AUXILIARY FUNDS 19511576 v a TOTAL CURRENT FUNDS m II AGENCY FUNDS Fund Balances 2729881 TOTAL AGENCY FUNDS V HI 16790518 272988k III PLANT FUNDS A UNEXPENDED Purchase Orders Outstanding Contracts to be Negotiated Fund Balances TOTAL UNEXPENDED B EXPENDED Invested in Plant TOTAL PLANT FUNDS TOTAL LIABILITIES SURPLUS AND FUND BALANCES 170000 60286671 957002 61113673 131211502 195658175 215178577 vgi v 109 A EDUCATIONAL AND GENERAL STUDENT FEES Nonresident Tuition Matriculation Summer Session TOTAL STUDENT FEES STATEMENT OF CURRENT INCOME For Year Ended June 30 1952 22551900 11338960 1186097U PUBLIC APPROPRIATION State of Georgia Regular Operations Less Amount Unpaid at end of Year OTHER SOURCES Interest on Bonds Institutes Miscellaneous TOTAL OTHER SOURCES TOTAL EDUCATIONAL GENERAL INCOME NONINCOME Reimbursement for Reader Service TOTAL EDUCATIONAL AND GENERAL RECEIPTS B AUXILIARY ENTERPRISES BOOKSTORE OFFICE BUILDING RENTAL REFECTORY TOTAL AUXILIARY ENTERPRISE INCOME TOTAL CURRENT INCOME 150000 00 19551997 1 81110 578005 3067U8 7875183U I 13018003 1365893 25070 123190800 17U11631 1197817 1526037 123165730 23U 681 85 Hi V 116631215 c m 110 STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 M K Object Classification 1 m A EDUCATIONAL AND GENERAL I ADMINISTRATIVE AND GENERAL Comptrollers Office Directors Office General Administrative Registrars Office TOTAL ADMINISTRATIVE GENE JHA STUDENT WELFARE Dean of Students Alumni Placement Bureau HA I TOTAL STUDENT WELFARE Total Salaries Wages Operating Supplies Expense Equipment 269221 21 15730 3338658 1358577 19111 51 2222218 160870 3397899 181262 187332 3060912 897715 523508 6180 116876 62933 RAL 12762186 7722135 1330251 709l97 13U3Hi 215981 263311 12371 30 118015 215116 60679 67939 18198 16205 S 1823612 1630591 116816 16205 r jw PHYSICAL PLANT 10710295 6758588 3618302 333lo5 LIBRARY 9582638 3012066 255991 6311581 A INSTRUCTION Administrative Dean 2205212 17681 63 388691 18055 Art 997969 907716 60009 30211 Biology 2760217 1763070 222717 771100 Business Administration 21230778 20100613 77108 356081 Chemistry 1710011 1139369 303336 297309 Education 1221138 1109220 99303 12615 English 1711100 16761 82 21389 16229 A Geography and Geology 801290 676053 3O7ll 97526 History 17171 88 1727500 6967 13021 V I Journalism 701617 669996 31621 Mathematics 3757085 3281690 7320 1 65075 Modern Languages 2651799 2600001 7795 11000 J Music 2031101 1792332 151501 87271 Nursing Education 5061336 l55Ut96 286603 223237 4 Philosophy 927519 921728 5791 Physical Education 1182856 1025123 600ll 97119 Physics 1063890 810061 201 20 2331 06 Political Science 1199861 1155000 11861 30000 Psychology 2223850 2020521 76918 126381 R 0 T C i39706 387500 52206 Sociology 1175538 1175220 318 Speech and Dama 1028308 913651 51955 29722 li m Summer School 9331187 9298936 32551 TOTAL INSTRUCTION 70197165 61505077 2710127 2981961 j TOTAL EDUCATIONAL AND GENERAL 105105896 83628760 110911 87 10385619 w in STATEMENT OF CURRENT EXPENDITURES Continued A EDUCATIONAL AND GENERAL Continued NONEXPENSE Transfer to Plant Fund TOTAL EDUCATIONAL AND GENERAL DISBURSEMENTS B AUXILIARY EXPENDITURES BOOKSTORE OFFICE BUILDING REFECTORY TOTAL AUXILIARY EXPENDITURES NONEXPENSE Transfer from Office Bldg to Plant Fund Account TOTAL AUXILIARY DISBURSEMENTS TOTAL CURRENT EXPENDITURES 4 n M i I Hr H 1 Object Classification Total Salaries Wages Operating Supplies Expense Equipment f a m j 1 61800000 JB S oA 166905896 YV 419 k j 13839266 3 161 85 13U92781 w H 8125U9 lit 82757 211369 189591 601180 1293163 l6l3U572 717118 15387121 t M 0 a HH 2500000 1863U572 121210168 81376208 261 78611 10385619 fl n b ti tis IM To yj mi 5 iff il i if a 112 pM STATEMENT OF CHANGES IN CASH BALANCES v Jill For Year Ended June 30 1952 ill o u fa nj t 11 Cash Balance July 1 1951 Receipts Disbursements for Year for Year Cash Balance June 30 1952 f f GENERAL 66305293a 123190800 166905896b 22590197 1 AUXILIARY 9U09075 23k68i85 I863i572 li2 2988 Vi 6 TOTAL CURRENT FUNDS 75711368 116659285 1855U0U68 36833185 PLANT FUNDS 6296818 665ooooob 11383115 6li13673b 14 AGENCY FUNDS 1383982 l6i7883i 15763207 2099609 TOTAL 83395168 229638ll9b 212686820 l003i6i67b JB i a includes Bonds of 37519788 S 3 h Includes Bonds Transferred to Plant Fund of 37500000 SjMfl I H I I 11 BANK BALANCES M k f Fulton National Bank Atlanta Operating Account Student Promotion Office Building Account Florence Noyes Scholarship Fund ROTC Commutation in lieu of Uniform Citizens and Southern National Bank Atlanta Bookstore Music Fund Account Refectory Trust Company of Georgia Atlanta Student Credit Union TOTAL 6503870 1062299 222510 50000 518333 52357012 9521178 U3Ulo5 501050 10U59333 30122 62861 67 m V m pi P Kv i 113 STATEMENT OF AGENCY FUNDS For Year Ended June 30 1952 Student Credit Union Student Promotion Music Fund Account Florence Noyes Scholarship Fund Withholding Tax Collection Group Insurance Sales Tax ROTC Commutation in Lieu of Uniform TOTAL Balance Beginning of Year Receipts for Year Disbursements for Year Balance End of Year 101891 2733998 2808767 30122 1005297 2156390 2099388 1062299 1901 86 915609 50000 96221 70 671990 9622170 1 31105 50000 83308 38530 121838 U750 173509 168759 788328 269995 518333 1X383982 161 78831 15763207 2099609 STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1952 Funds for Plant Additions BALANCE BEGINNING OF YEAR 6296818 ADDITIONS Transfer from General Funds Transfer from Auxiliary Blinds Received from State Funds 61800000 2500000 2200000 TOTAL ADDITIONS 66500000 DEDUCTIONS Expended for Plant Additions Land and Buildings Administration Building Additions and Improvements 5159100 622li01i5 TOTAL DEDUCTIONS 11383115 BALANCE END OF YEAR 6ll 13673 114 SUMMARY OF INVESTMENT IN PLANT June 30 1902 VALUE OF PLANT JULY 1 1951 ADDITIONS Expended from Plant Funds 113831i5 Expended from Educational and General Funds and Included in Current Expenditures 103856 49 112475708 217687914 VALUE OF PLANT JUNE 30 1952 H 3142104502 1k STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1952 5 I El Year Acquired Investment Beginning of Year Additions Investment End of Year LAND Campus 198551 26920258 591037 27511295 Off Campus 198517 8 92310 li 92310 TOTAL LAND 271112598 591037 28003635 BUILDINGS Administration and Classroom 1985 510866U9 622l40U5 Ak 57310694 Gymnasium 1987 8882813 Illi21ii3 ROTC Office and Shops 1951 1400000 1400000 Armory 1951 1658738 I651i73li DeKalb Extension 1982 1 35000 li350oo Preliminary Outlay New Building 1513329 1513329 TOTAL BUILDINGS 55961062 10792108 66756170 EQUIPMENT Administrative Offices and Classrooms 5318289 755702 6073991 Auditorium Hi18250 1418250 Instructional Departments 12122916 2981961 15101877 Library 7932678 6311581 11217255 Physical Plant 995119 333lio5 1328824 Cafeteria 1311500 1311500 TOTAL EQUIPMENT 290990U8 10385619 39484097 TOTAL INVESTMENT IN PLANT 1128 75708 2176879li 131211502 115 PART V i r 41 4 d II k 1 f 4i 1y t A 4 y 4 1I 1r Hi 4il Al M 3W W jjH A V jS y f 4 KM LvM v B n9 i m y i t J 1 THE UNIVERSITY OF GEORGIA EXPERIMENT STATION GENERAL ATHENS GEORGIA Schedule V Schedule Z2 117 BALANCE SHEET June 30 192 ASSETS I CURRENT FUNDS A GENERAL Cash on Hand and in Bank Accounts Receivable TOTAL CURRENT ASSETS II PLANT FUNDS A UNEXPENDED Cash on Hand and In Bank B EXPENDED Land Buildings Improvements Other Than Bldgs Equipment TOTAL PLANT FUNDS TOTAL ASSETS LIABILITIES I CURRENT FUNDS A GENERAL Purchase Orders Outstanding Surplus TOTAL CURRENT FUNDS II PLANT FUNDS A UNEXPENDED Fund Balance B EXPENDED Invested in Plant TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS 4 At M Hit 2223860 28318 2252178 M it6691 9 4 6186000 8290259 1717261 111 66862 17660385 m 4 19127302 21379180 4 4f f ii l4 V jfl I 8865 2213313 2252178 1 y 0 11 66917 y h 17660385 19127302 1 i 21379180 if j H 11s H 4 STATEMENT OF CURRENT INCOME For Year Ended June 30 1952 M m 4 i v4 Jm mm General Restricted Income Income Total EDUCATIONAL AND GENERAL PUBLIC APPROPRIATIONS State of Georgia Regular Operations Less Amount Unpaid 23531000 28318 23505682 23505682 OTHER SOURCES Rent Miscellaneous 12500 81002 ip 125OO 81002 TOTAL OTHER SOURCES 96502 96502 TOTAL INCOME 23602181 2360218U kf A4 f1 STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 Object Classification k 1 Total Salaries and Wages Operating Supplies Expense Equipment bm SXPERIMENT STATI0N GENERAL Administration General Research 2712820 8891061 llt77996 lt363197 1231821 3061005 j 11 66862 Hi TOTAL EXPENSE 11603881 5811193 li295829 11 66862 h NONEXPENSE Transfer to Plant Funds 977U110 v mV TOTAL DISBJRSEMENTS 21378321 STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 v n II CURRENT FUNDS General PLANT FUNDS H TOTALS Cash Balance July 1 1951 Receipts for Year Disbursements for Year Cash Balance June 30 1952 23602181 2137832lt 2223860 9771tliliO 8307523 lit66917 i3337662lt jf296858lt7 3690777 STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1952 Funds for Plant Additions For Debt Service Total BALANCE BEGINNING OF YEAR GIFTS Burke County Gordon County Sumter County 2106000 3500000 2280000 2106000 3500000 2280000 TRANSFERS From Educational and General 977lll0 977lil4UO TOTAL INCOME 17660110 176601 10 DEDUCTIONS PLANT FUNDS Land Buildings Improvements Other Than Bldgs 6186000 8290259 1717261 6186000 8290259 1717261 TOTAL DEDUCTIONS 16193523 16193523 BALANCE END OF YEAR 11 66917 U466917 120 STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1952 Investment Investment Year Beginning End of 1 SSt Acquired of Year Additions Deductions Year i a LAND Branch Stations Burke County 16875 acres 1952 ft 1706000 1706000 a Gordon County 111 3 acres 1952 2500000 2500000 Sumter County 15535 acres 1952 1980000 1980000 H i TOTAL LAND 6186000 6186000 B BUILDINGS Branch Stations Ajy Southeast Branch Station O Superintendents Home 1952 659880 659880 3 Tenant Houses 1952 1058812 4 7 Gift Sumter County 1952 100000 Additions 1952 958812 2 Barns Gift Sumter County 1952 200000 200000 Machine Shed 1952 2501 36 2501 36 Foremans Cottage 1952 Mll55 it01155 Southwest Branch Station w Superintendents Home 1952 1502500 1502500 2 Tenant Houses 1952 693669 693669 Machine Shed 1952 219760 219760 Foremans Cottage 1952 750455 7501455 Office 1952 356158 356158 mm Storage House Gift Burke Co 100000 100000 J Tenant House Gift Burke Co1952 300000 300000 Northwest Branch Station Foremans House 1 Gift Gordon County 1952 500000 500000 V Addition 1952 100000 100000 Machine Shed 1952 1722147 172217 Bara 309753 J f Gift Gordon County 1952 200000 Tj W Addition 1952 109753 9 Office Gift Gordon Co 1952 200000 200000 Addition 1952 66323 66323 Laying House 1952 273191 273191 M Tenant House 175920 Gift Gordon County 1952 100000 jJ 4 Addition 1952 75920 vlj TOTAL BUILDINGS 8290259 8290259 X1 i a y rP K i J 121 STATEMENT OF DIVESTMENT DI PLANT Continued Investment Investment Year Beginning End of Acquired of Year Additions Deductions Year IMPROVEMENTS OTHER THAN BUILDDIGS Branch Stations Southeast Georgia Branch Station Water System Fencing Other 1952 1952 1952 282738 U60617 2I476 1 282738 U6o617 2U76 Southwest Station Water System Fencing Other 1952 1952 1952 186308 U88791 I4I862 186308 188791 lil862 Northwest Station Water System Fencing Other 1952 1952 1952 iili6li 2 199830 10000 tli61i2 199830 10000 TOTAL IMPROVEMENTS OTHER THAN BUILDDIGS 1717261t 1717261 EQUIPMENT Branch Stations Research i lit 66862 i lli66862 TOTAL INVESTMENT IN PLANT Il7660385 7660385 122 STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1952 Balance Receipts Disbursements Balance July 1 1951 lor Year for Year Transfers June 30 1952 BUILDINGS Branch Stations Southeast Branch Southwest Branch Northwest Branch 2270283 35225i2 697I43U 3250000 979717 3700000 l77li58 7itoooo I42566 TOTAL BUILDINGS 6lu 90259 760000 119971a IMPROVEMENTS OTHER THAN BLDGS Branch Stations Southeast Branch Southwest Branch Northwest Branch 7831 716961 35U72 90li720 I 153589 8014720 87759 375000 20528 TOTAL IMPROVEMENTS OTHER THAN BUILDINGS 151726h 2084luliO 267176 TOTALS 830723 977li0 li66917 123 1 JJBK f 41 m yJ H i 1 ART VI 11 THE UNIVERSITY OF GEORGIA COLLEGE EXPE RIfflT STATICI H r ATHENS GEORGIA 4 li w r I il I m fi Schedule AA Schedule FF2 s W 4b y A SI W 3 ili 1 By H 125 BALANCE SHEET June 30 1952 ASSETS I CURRENT FUNDS A GENERAL Cash on Hand and In Bank B RESTRICTED Cash on Hand and In Banks TOTAL CURRENT FUNDS II PLANT FUNDS A UNEXPENDED Cash on Hand and In Banks B EXPENDED Buildings Equipment TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL ASSETS I CURRENT FUNDS A GENERAL Purchase Orders Outstanding Surplus TOTAL GENERAL FUNDS B RESTRICTED Fund Balances TOTAL CURRENT FUNDS II PLANT FUNDS A UNEXPENDED Fund Balances B EXPENDED Invested in Plant TOTAL PLANT FUNDS TOTAL LIABILITIES AID SURPLUS LIABILITIES 3023866 2589136 112 610 110677k 1219ll7 2I426965 36146382 836U28 5613002 6I4I49I430 10095812 12191417 2lu 26965 36146382 8361428 5613002 6Ul49l430 10095812 il H fy 4 If J 126 STATEMENT OF CURRENT INCOME For Year Ended June 30 1952 EDUCATIONAL AND GENERAL PUBLIC APPROPRIATIONS State of Georgia Regular Operations Dept of Forestry Fire Hazards United States Dept of Agriculture Ag Industry Serv Bureau Nutrition Hone Economics TOTAL PUBLIC APPROPRIATIONS GIFTS AND GRANTS FROM PRIVATE SOURCES American Cyanamid Company American Potash Company Central Soya Company Chilean Nitrate Educational Fund Ferro Corporation International Mineral and Chemical Corporation Morrison Fund Tennessee Valley Corporation Tennessee Cdrporation U S Radio Active TOTAL GIFTS AND GRANTS SALES AMD SERVICES Agronomy Animal Husbandry Canning Plant Creamery Cot Testing Dairy Farm Egg Testing Farm Structures Horticulture Farm Horticulture Livestock Farm Meats Laboratory Poultry Plant TOTAL SALES AND SERVICES TOTAL EDUCATIONAL AND GENERAL INCOME NONINCOME Transfer from University Auxiliary Funds Transfer from General University General Restricted Income Income Total 20116000 20116000 219333 210333 1100000 1100000 200000200000 20116000 1519333 321635333 60000 y 60000 120000 120000 100000 100000 1200000 1200000 U0000 koooo 2Ii0000 2Uoooo 200000 200000 90939 90939 30000 30000 150000 150000 2230939 0 2230939 U12U50 U12U50 1118035 665691 12191879 17381 31 3673210 1260131 305670 960506 103U89 521823 9752913 2013228 1113035 665691 12191879 1738U8l 3673210 1260131 305670 968506 103U89 521823 9752913 2013223 33U7255U0 33u7255uo 5U8ia5hO 33750272 0S8591812 33296 33296 55738 55738 51i93057U 33750272 536808l46 TOTAL EDUCATIONAL AI GENERAL RECEIPTS STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 Object Classification Fund Classification Salaries and Operating Suoplies eneral Restricted Wages Expense Equipment COLLEGE EXPERIMENT STATION Administration Directors Office 711180 619992 61188 Research Agricultural Economics 11168 i IP 377175 33993 Agricultural Engineering 305201 259992 33529 11680 Farm Structures 900268 lt71tltl5 36233lt 63519 Rural Electrification 690121 582210 16590 61291 Soil and Water 867029 608892 221089 37018 Ag Ind and Services 1317298 1317299 2201706 3U3932 85959 Agronomy 2633838 2035332 509530 88976 Animal Husbandry 2211337 955675 11651 65 90197 Beef Projects 212101 1101 39 287257 50286 150OO Dairy 1017833 852771 105920 59139 Food Technology U59U16 380078 79338 Forestry 202575 202575 Horticulture 833691 662391 161383 99lit Landscape Architecture 203561 163300 2026I1 Plant Pathology 15lt98ljl 1257539 83652 208650 Poultry U I35O6 2861 21 38071 89011 Soil Testing 2081215 1399575 225506 1 59131 Morrison Fund 100717 100718 153729 101 06 7300 Copper 3060 2725 335 Central Soya 62979 62979 Iron 22988 2988 20000 Mineral Research 1311451 115607 1199lt 3850 Minor Elements 8938 1350 7588 Borden Fund 30265 20000 10265 Potash 11723 13525 1198 Sodium 1 51781 357905 93876 Cyanamid 15810 25250 19160 11 00 Coming Dairy Research 16095 16095 Fruit Research 28965 23150 1120 1395 Radioactive 3271 3100 171 Anonymous Dairy 11327 II327 Boron 16162 6900 9262 Forestry Fire Research 219333 160000 59333 TOTAL RESEARCH I6I113722 1 1 2625601 13921003 3801860 1313lt63 128 STATEMENT OF CURRENT EXPENDITURES Continued v y i 1 f 1 1 Object Classification Fund Classification General Restricted Salaries and Wages Operating Supplies Expense Equipment Services Related to Research Canning Plant 1072709 510813 531896 id 4 Cow Testing 1615038 1176066 126912 12030 Creamery 12017269 2118317 9133619 U65333 Dairy Farm 1180I477 19I8800 2106082 125595 Egg Testing 1305876 81753 802823 21300 Greenhouse 691070 299113 339927 55000 Horticulture Farm 1302263 718250 258570 3253 Livestock Farm 1622985 716022 696623 210310 Meats Laboratory 9363190 631791 8728399 Poultry Plant 3382378 689713 2632033 60632 TOTAL SERVICES TOTAL EXPENDED 36586255 9653668 25656911 1275673 53711157 2625601 21 221663 29522962 2589136 rl I rM IH f J w ia 4ji pi 4 H9 ll 129 STATEMENT OF OPERATIONS OF RESTRICTED FUNDS For Year Ended June 30 1952 GOVERNMENTAL United States Department of Agriculture For Agricultural Engineering For Home Economics Beef State of Georgia Department of Forestry For Fire Hazards TOTAL GGVEPJDENTAL GIFTS American Cyananid Co For Cyanamid American Potash Company For Potash Anonymous For Dairy Research Ball Brothers For Food Testing Borden Company For Dairy Central Soya Co For Dairy Chilean Nitrate Co For Sodium Corning Glass Works For Dairy Ferro Corp For Fruit Forbes Co For Dairy Anonymous International Mineral Chem Corp Hort International Mineral 2c Chen Corp Iron Morrison Fund For Dairy Pacific Coast Borax Co For Boron Tennessee Corp For Copper Tennessee Corp For Minor Elements T V A For Meat Research T V A For Meat Spoilage Texas Gulf Sulphur Co For Sulphur U 3 Radio Active For Experiment TOTilL GIFTS GRAND TOTAL Balance Disburse Balance Beginning Income ments End of Year for Year for Year of Year h2iUU 1100000 1317299 325isit3 71616 200000 14U0Lu39 131177 219333 219333 29U72 1519333 1677071 128266 81252 6OOOO 145310 S 95U2 2Uo596 120000 lLtf23 315873 22170 6327 158U3 57695 57695 30265 30265 675I46 100000 62979 ioU567 52239 1200000 U 51781 8OOi58 60000 16095 143905 I4OOOO 28965 11035 5ooo 5000 2573 lj2 210000 i3iU5i 365891 139065 22988 116077 200000 100718 99282 l757U3 16162 159536 28927 30000 3060 55367 i8ia55 8938 175217 90939 90939 1250 1250 35933 35933 lj2l471 150000 3271 189200 11272825 1 2230939 S 9U8533 52555231 1302297 3750272 2625601 21426965 130 STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 Cash Balance July 1 1951 Receipts Disbursements for Year for Year Cash Balance June 30 1952 CURRENT FUNDS General Restricted 1302297 5i93057U 37S0272 53711157 26256oli 1219lil7 2lt26965 TOTAL CURRENT FUNDS 1302297 86303W 5636761 36U6382 PLANT FUNDS 4 5100000 1i263572 8361i28 TOTAL 1302297 6378o816 60600333 10t 82810 BANK BALANCES National Ban of Athens Liili82810 STATEMENT For Ye OF UNEXPENDED PLANT iUNDS ar Ended June 30 1952 Funds for Plant Additions Funds for Debt Service Total BALANCE BEGINNING OF YEAR n ft V ADDITIONS GOVERNMENTAL APPROPRIATIONS State of Georgia Board of Regents Milk Control Board 1600000 3500000 1600000 3500000 TOTAL ADDITIONS 5100000 5100000 DEDUCTIONS PLANT ADDITIONS Dairy Laboratory Retairs Various Not Capitalized 3023866 12397 06 3023866 1239706 TOTAL DEDUCTIONS 11263572 1263572 BALANCE END OF YEAR 836Ii28 836U28 131 STATEMENT OF OPERATIONS OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1952 Balance Eeceipts Disbursements Balance July lt 1951 for Year for Year June 30 1952 BUILDINGS Dairy Building REPAIRS TOTAL COLLEGE PLANT FUNDS 13500000 3023866 1 76131 1600000 1239706 36029U 5100000 1263572 836128 STATEMENT OF DIVESTMENT IN PLANT For Year Ended June 30 1952 Investment Investment Year Beginning End of Acquired of Year Additions Deductions Year BUILDINGS Dairy Bara Lab 1952 3023866 3023866 EQUIPMENT Research 1313l63 0l313li63 Services Related 1275673 1275673 TOTAL EQUIPMENT 2589136 02589136 TOTAL 05613002 5613002 132 PART VII THE UNIVERSITY OF GEORGIA GEORGIA EXPERBISNT STATION EXPERIMENT GEORGIA Schedule GG Schedule MM2 Jig 133 BALANCE SHEET June 30 1952 ASSETS 1 CURRENT FUNDS A GENERAL Cash on Hand and In Banks B RESTRICTED Cash in Banks Due from T V A Due from Quartermaster Depot TOTAL RESTRICTED FUNDS TOTAL CURRENT FUNDS II AGENCY FUNDS Cash in Bank III KANT FUNDS A UNEXPENDED Cash in Banks B INVESTED IN PLANT Land and Improvements Buildings Equipment TOTAL DIVESTED IN PLANT TOTAL PLANT FUNDS 1797U25 f13937BlpL 1814309 663686 1U835836 16633261 h50000 6790219 235U67Uo Uo591965 i479U0200 112078905 11886912U 135952385 TOTAL ASSETS BALANCE SHEET June 30 1932 LIABILITIES I CURRENT FUNDS A GENERAL Accounts Payable Purchase Orders Outstanding Surplus TOTAL GENERAL FUNDS B RESTRICTED Fund Balances TOTAL CURRENT FUNDS II AGENCY FUNDS Fund Balances 863782 36813 876830 17 97k23 1U833836 16633261 U30000 III PLANT FUNDS A UNEXPENDED Fund Balances B INVESTED IN PLANT Net Invested in Plant TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS 6790219 112078903 11886912k 133932383 135 STATEMENT OF CURRENT INCOME For Tear Ended June 30 1952 PUBLIC APPROPRIATIONS State of Georgia General Restricted Income Income Total Regular Operations United States 19615000 2000000 21615000 Hatch 1500000 1500000 Adams 1500000 1500000 Purnell 6000000 6000000 BankheadJones 98 i0295 9810295 Research and Marketing 11952811 11952811 Regional Research 1070000 1070000 Title II 1610000 1610000 TOTAL PUBLIC APPROPRIATIONS 19615000 38173109 58118109 GIFTS AND GRANTS Anonymous Contribution 52712 52712 Columbia Southern Chemical Company 50000 50000 Chemagro Corporation Pittsburg Ag 75000 75000 Julius Hyman Company 75000 75ooo International Mineral and Chemical Co 250000 250000 National Confectioners Association 100000 100000 Production Marketing Association 250000 250000 Tennessee Valley Authority 205h519 2051519 Quartermaster Depot 919311 919311 United States Dent of Agriculture 25000 25000 United States Public Health Service 290000 290000 Velsicol Corporation 100000 100000 TOTAL GIFTS AND GRANTS U27l5h5 1271515 SALES AND SERVICES Bulletins 213 5o 21350 Dairy Products 12131189 1213l89 Farm Products 2827551 2827551 Food Processing 159822 159822 Forestry Products lol78 I0I78 Eatonton Timber Sales 9277062 9277062 Penalty 75ooo 75000 Horticulture h858h5 1 35815 livestock 2561776 2561776 Meat 22119 22119 Miscellaneous 212l35 212h35 Rabbits 3k6o 3l6o Seed Revolving 976250 976250 Wool 18631 18631 TOTAL SALES AND SERVICES 7611959 10253312 17898271 if J A jf I m M 3 I H 4 if 136 STATEMENT OF CURRENT INCOME Continued General Restricted Income Income Total OTHER SOURCES Southern Piedmont Rents from Property A A A Parity TOTAL FROM OTHER SOURCES TOTAL EDUCATIONAL AND GENERAL INCOME NONINCOME Transfer from University of Georgia S 12000 0 12000 1017663 1017663 6723167281 1126911 11269 11 0281 16903 52997966 31111869 0 56979 0 56979 028116903 033051915 0811 71818 TOTAL EDUCATIONAL AND GENERAL RECEIPTS STATEMENT OF CURRENT EXPENDITURES For Tear Ended June 30 1952 Object Classification Salaries Operating Fund Classification and Supplies General Restricted Wages Expense Equipment ADMINISTRATIVE AND GENERAL Comptrollers Office 355oo 191000 59500 4 V Directors Office 691612 U25100 1020000 967I2 General 1971681 337895 78916 1321281 200382 TOTAL ADMINISTRATIVE GENERAL 3018796 956995 235Wl6 ll20993 200382 PHYSICAL PLANT 3 37li757U 962972 2725782 58820 LIBRARY 2931 10 366685 376101 77910 206081 ORGANIZED RESEARCH Agricultural Economics 711767 8010261 5152600 3253078 319350 Agronomy 3315799 6217017 7535103 li17835 579878 Animal Industry 3177516 5128627 551097 2601927 163212 S3 An Ind Regional 300000 300000 Botany 225935 23881i91 1369979 221866 53000 Chemistry 612387 2026252 2261752 103387 Eatonton Project 2271278 3U05032 I9l9ll5 2800197 929698 Entomology 116290 1551866 1520011 230062 218080 Food Processing U03899 1911995 1161189 821330 336375 Georgia Mountain Station 3125123 3020917 11 82270 1339731 321069 Georgia Crop Inmrovement 500000 1 69616 30381 Home Economics 7503 20153 2256967 313139 161871 Regional Housing Project S8 1326lll6 561065 589087 172991 Title II Poultry Project 318389 297 65 2092I Horticulture 21i69532 3220908 1714165 72766 203509 Primary Station 70U01 1500000 120783 253991 111627 Seed Revolving 1915296 1915296 Trust Fund SM7 95908 95908 Trust Fund S15 95871t 95871 Agricultural Engineering 861111 810003 I 11 10000 TOTAL RESEARCH 20119789 18611987 17623360 17221723 3916693 TOTAL EDUC AND GEN EXP 27209569 19938667 51316819 211l9l08 1381979 NONEXPENSE Transfer to Plant Fund 131910 27311509 19938667 TOTAL STATEMENT OF OPERATION OF RESTRICTED FUNDS For Tear Ended thine 30 1952 Balance Balance Beginning Receipts Di sbur sement s End of of Tear for Tear for Tear Tear American Potash Company 70195 7G195 Anoifymous Contribution 3257 52712 19709 35578 Columbia Southern Chemical Comnany 50000 50000 Chemagro Corp Pittsburg Ag 75ooo 75ooo CrgiaCannarB Association 56U5U 13255 lt3199 G F A Peanut Association 3872U5 38721i5 Georgia Power Company 1i395U U395U Julius Hyman Company i25o5o 75ooo 66692 133358 International Min Chenu Co 329U90 250000 566132 13058 Eatonton Timber Sales 5605929 9277062 23lt6597 1253639U Eatonton livestock Sales 1058135 10581i35 National Confectioners Association 35507 100000 135507 Phosphate Research Committee 1371 1371 Production Marketing Association 5138 250000 206378 187 60 Seed Revolving Fund 1028330 976250 1915296 8928U Refrigeration Research Foundation 106969 106969 Tennessee Valley Authority 590839 2051519 1617989 181i30 Quartermaster Depot 9193 ll 1613000 63686 United States Dept of Agriculture 25000 25000 United States Public Health Service 290000 U0000 250000 University of Georgia 15793 56979 72772 Velsicol Corporation 100000 36585 63U1S Hatch 1500000 1500000 Adams 1500000 1500000 Purnell 6000000 6000000 Bankhe adJone s 9810295 9810295 Research and Marketing 1053336 11952811 13006150 Regional Research Fund 90932i 1070000 1717361 261960 Title H Fund 505818 1610000 1618608 It 97210 State Fund to Match Title H 9118 1610000 120li28U It 97205 State Fund to Match S8 390000 1U8585 2Uiiti5 T0TAI5 10871563 S53051i9lt5 19938667 S139878lll 139 STATEMENT OF AGENCY FUNDS For Year Ended June 30 1952 Balance Disburse Balance Beginning Receipts ments End of Year for Year for Year of Year Escrow Funds 150000 300000 1450000 Withholding Tax U2l4l588 1211588 Retirement Fund 1599111 1599111 Group Insurance 225000 225000 Employees Bond Account 1493271 193271 TOTAL AGENCY FUNDS 150000 6859000 6559000 1450000 STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 Cash Balance July 1 1951 Receipts Disbursements for Year for Year Cash Balance June 30 1952 CURRENT FUNDS General Restricted 722031 10871563 28116903 53051915 27311509 19938667 1797125 13987811 TOTAL CURRENT FUNDS 11593591 8114718148 77280176 15785266 PLANT FUNDS 600000 11701710 85114521 6790219 AGENCY FUNDS 150000 6859000 6559000 1450000 TOTAL 12313591 1 03035588 92353697 230251485 BANK BALANCES Petty Cash 30000 State Bank Griffin Georgia Educ and General Account 1256375 Commercial Bank and Trust Co Griffin Georgia 86631432 Commercial Bank and Trust Co Griffin Georgia Agency Funds 125363914Commercial Bank and Trust Co Griffin Georgia Seed Revolving 8928I4 Commercial Bank and Trust Co Griffin Georgia Escrow Account 150000 Citizens Southern National Bank Macon Georgia Escrow Account 300000 TOTAL 230251485 140 STATEMENT OF UNEXPENDED PLANT FUNDS For Year Ended June 30 1952 Funds For Funds for Plant Debt Additions Service Total BALANCE BEGINNING OF YEAR 600000 600000 ADDITIONS Government Appropriation State Transfer from General Funds 11572800 131910 11572800 131910 TOTAL ADDITIONS 11701710 17070 DEDUCTIONS Expended for Plant Additions Bldgs and Additions to Bldgs Repairs to Existing Bldgs Bldg Materials for Machinery Shed at Mountain Station 6860503 1535011 119001 6860503 1535011 119001 TOTAL DEDUCTIONS 851521 8511521 BALANCE END OF YEAR 6790219 6790219 SUMMARY OF INVESTMENT IN PLANT As of June 30 1952 VALUE OF PLANT JULY 1 1951 l00909l06 ADDITIONS Expended from Plant Funds Expended from Educational and General and included in Current Expenditures Adjustment for Prior Years 8511521 1381979 1617570 TOTAL ADDITIONS VALUE OF PLANT JULY 1 1951 PLUS ADDITIONS DEDUCTIONS Property Worn Out or Otherwise Disposed Of 1952 11511070 1151 531 76 3371571 112078905 VALUE OF PLANT JUNE 30 STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1952 Investment Investment Year Beginning End of Acquired of Year Additions Deductions Year A LAND Georgia Experiment Station 123 acres 33556 acres 2U0 acres 2516 acres 9 acres 611 acres 90 acres Georgia Mountain Station 200 acres 177 acres 1889 1937 191a 1912 1913 19l5 1907 1932 1918 I 22311210 550000 682500 223112 10 550000 682500 TOTAL LAND 23516710 235U67UO BUILDINGS Flynt I929 6000000 879999 6879999 Auditorium 190000 190000 Soils Laboratory 300000 300000 Nutrition Laboratory 19U0 800000 208315 1008315 Old Horticulture Building 300000 300000 New Horticulture Building 1918 5000000 99755 5099755 Dairy Building 1910 800000 800000 Cow Testing Building 100000 100000 Cattle Sleeping Barn 50000 50000 Cattle Sleeping Barn 500000 500000 Swine Barn 200000 200000 Potato Storage House 70000 70000 Slaughter House 10000 10000 Utility Barn 200000 200000 Agronomy Greenhouse 150000 150000 Chem and Hort Greenhouse 200000 200000 Botany Greenhouse 500000 500000 Mud Building 130000 130000 General Storage Building 200000 200000 Mule Barn 300000 300000 Fertiliser and Seed 3arn 1911 350000 350000 Machinerv Shed and Mule Barn 1950 250000 250000 Drying House 150000 150000 Sanford Barn 600000 600000 New Gin House 1916 600000 600000 Food Processing Laboratory 1918 2500000 1337091 6837091 Residences and Tenants 7000000 316915 600000 6716915 Weighing Office and Shed 60000 60000 Barn 100000 100000 Implements Shed 60000 60000 Peach Packing and Imp Shed 1919 700000 700000 Barn 100000 100000 142 j STATEMENT OF INVESTMENT IN PLANT Continued M Investment Investment I Year Beginning End of 1 In Acquired of Year Additions Deductions Year BUILDINGS Continued Agricultural Implement Shed 1919 150000 150000 1N f Forage Crop and Grain Dryer 1919 100000 100000 Sheep Shed 80000 80000 Cattle Feeding Sheds 160000 160000 Mule Feeding Shed 10000 10000 Pump House 20000 20000 Trailers Housing 550000 550000 New Greenhouse 1950 n6191a 116191a Insectory 1950 80000 80000 New Administration Building Mountain Station 600000 600000 j Utility Office 71000 71000 Community Cannery 72500 72500 L Shop and Fertilizer House 20000 20000 Office 100000 100000 Livestock Bam 62500 62500 Two Residences 300000 300000 V Cow Barn 2500 2500 Forest Tool House 2000 2000 Storage Cellar 20000 20000 Exhibit Sheds 13000 13000 r Pottery lUooo 11000 DairyBuilding 19U8 1 50000 1 50000 Three Residences 1918 160000 160000 Garage 1918 5000 5000 Calf Barn 1918 10000 10000 Dairy Barn 19U9 325000 325000 Sheep Shed 1919 75000 75000 i Livestock Barn and Mach 1919 100000 100000 Materials for New Mach Shed 119001 119001 1 New Administration Building 19231 12 1923l12 1 J ml TOTAL BUILDINGS 32677111 8511521 600000 10591965 1 1 EQUIPMENT Trailer Camp Administrative Agricultural Economics Agronomy Animal Industry Botany Chemistry Eatonton Area Project 109530 603871 1183607 7096959 10il6969 1755000 3538135 7877390 5000 1 31708 319350 1213158 1 63212 60950 it 76651 929698 91 50 362119 1733738 111530 1038579 lit93507 8310117 10518062 1815950 1011786 7073350 I m 143 STATEMENT OF INVESTMENT IN PLANT Continued Investment Investment Year Beginning End of Acquired of Year Additions Deductions Year EQUIPMENT Continued 1 1072657 Entomology 719870 352787 Food Processing 2383225 336375 126325 2593275 Georgia Mountain Station 2k 01725 32U069 20k68k 252kl10 Home Economics 1766570 16U871 96751 I83k687 Horticulture 2536975 219310 2756285 Library 1835125 20608k l3k88k 1906325 Primary Station Carpenters Shop Regional S8 Project U27271 111627 208675 17299k 106587 k 32311 208675 l 7299k TOTAL EQUIPMENT kk685222 60295k9 2771571 t 17910200 TOTAL INVESTMENT IN PLANT 100909k06 lk5kk070 337US71 112078905 144 PART VIII THE UNIVERSITY OF GEORGIA COASTAL PLAIN EXPERIMENT STATION TIFTON GEORGIA Schedule NN Schedule SS1 BALANCE SHEET June 30 1902 ASSETS CURRENT FUNDS A GENERAL Cash in Bank Due from State on Appropriation TOTAL GENERAL FUNDS B RESTRICTED Cash in Bank TOTAL RESTRICTED FUNDS TOTAL CURRENT FUNDS PLANT FUNDS A UNEXPENDED Cash in Bank B EXPENDED Land Buildings Equipment TOTAL EXPENDED TOTAL PLANT FUNDS TOTAL ASSETS 1220525 650083 1870608 1610963 16U0963 3011571 1923U3 181670UO U20U7U87 29000601 90070678 90263021 93771092 BALANCE SHEET June 30 1952 LIABILITIES I CURRENT FUNDS A GENERAL Accounts Payable Purchase Orders Outstanding Contracts Outstanding Surplus TOTAL GENERAL FUNDS B RESTRICTED Fund Balances TOTAL CURRENT FUNDS II PLANT FUNDS A UNEXPENDED Fund Balance B EXPENDED Invested in Plant TOTAL PLANT FUNDS TOTAL LIABILITIES AND SURPLUS 52UU8 659992 17U86 1110682 1870608 1610963 4 3511571 192313 90070678 90263021 937714592 147 STATEMENT OF CURRENT INCOME For Year Ended June 30 1952 PUBLIC APPROPRIATIONS State of Georgia Regular Operations 26005000 Less Amount Unpaid 650083 GIFTS AND GRANTS FROM PRIVATE SOURCES Hill Blackett Chemagro Corporation Georgia Highway Department International Min Chem Corp Pennsylvania Refining Company Georgia Department of Agriculture Stone Mountain Grit Company Tennessee Corporation U S Golf Assn Fund National Cottonseed Assn TOTAL GIFTS AND GRANTS SALES AND SERVICES Agricultural Engineering Agronomy Animal Husbandry Animal Pathology Dairy Farm Forage Crops and Pastures Grass Breeding Horticulture Range Grazing Soils Tidewater Station Tobacco TOTAL SALES AND SERVICES OTHER SOURCES A A A Rents from Property Timber TOTAL OTHER SOURCES TOTAL CURRENT INCOME General Restricted Income Income Total j 4 I 25351917 25351917 i i r m 100000 100000 l 30000 30000 A 500000 500000 1 150000 150000 1 i m 50000 50000 p k 1000000 1000000 100000 100000 30000 30000 1 679837 679837 180000 180000 2819837 2819837 11 l 590oi 59001 219060 219060 8026711 8026711 1 i m U13965 113965 1510613 1510613 II 1812605 1812605 w 37030 37030 3U737 31737 610369 61136 9 59635 59635 15991 15991 v 1 20010 20010 A m 666723 666723 7 13607U89 13607189 r 1 13631 U3631 235550 235550 A 1 k llooo 11000 I 323181 323181 39285587 2819837 121051 21 I kit m K 1 S 1 1 f 9 i 148 STATEMENT OF CURRENT EXPENDITURES For Year Ended June 30 1952 ADMINISTRATIVE AND GENERAL Directors Office General TOTAL ADM AND GENERAL PHYSICAL PLANT Plant Operation LIBRARY r I 1 m vQ i ORGANIZED RESEARCH Agricultural Engineering Agronomy Animal Husbandry Animal Pathology Apiculture Dairy Entomology Farm Forage and Pastures Grass Breeding Highway Turf Horticulture Nematology Plant Pathology t Range Grazing Seed Certification Shade Tobacco Soils fj 1 4 it 5 k 9 Tobacco i Turf t TOTAL ORGANIZED RESEARCH V1 TOTAL CURRENT EXPENDITURES 1 iI NONEXPENSE i Transfer to Plant Funds 1 c t TOTAL CURRENT DISBURSEMENTS r y l r I V r f Object Classification Salaries Operating Fund Classification and Supplies General Restricted Wages Expense Equipment lit21920 1361195 63725 lit 50371 180102 1155517 10752 1 2875291 1511297 1219212 111752 2110991 1013365 852951 215672 508736 316020 156351 1 36362 1001039 796996 167136 UO6O7 ait 51072 2095161 325611 30000 81t273U 180000 3090235 3971827 1501672 1718997 1000000 201 8068 505106 125783 UU89U3 U09992 16780 20167 1993381t 916813 1058809 17722 510872 066897 51975 20000 1193800 787522 l06318 10U067lt 856118 161256 20000 991151 821211 110671 32263 313561t 270198 11873 281 93 lt5778U7 3860880 673318 13619 122727 120257 2070 651000 21068 609588 61580 1000 1073259 505192 528067 ii9lU 77 It12675 18802 2685621 1810706 787518 50l00 17651t03 1109530 238050 U17823 1161666 880257 280U09 591167 532939 58595 2633 323 06109 2111899 22512838 9553258 2392212 378721i27 2111899 25U13520 11781808 2788998 1000000 38872127 2111899 i 149 STATEMENT OF OPERATION OF RESTRICTED FUNDS For Year Ended June 30 1952 9 Hill Blackett Chemagro Corporation Georgia Highway Department International Min and Chem Corp National Cottonseed Association Pennsylvania Refining Company Georgia Department of Agriculture Stone Mountain Grit Company Tennessee Corporation U S Golf Assn Fund TOTAL Balance Beginning of Year ReceiptsDisbursementa for Year for Year Balance i End of Year 1 n Kt 100000 100000 30000 30000 1 V 500000 313561 186136 150000 150000 igjH 180000 l 80000 50000 50000 1000000 1000000 Bh 100000 100000 i jjgih 30000 2U168 5832 ip 933025 679837 59Ul67 1018695 933025 12619837 2111899 1610963 1 1 Included in Educational General Expenditures Included in Educational General Income STATEMENT OF CHANGES IN CASH BALANCES For Year Ended June 30 1952 CURRENT FUNDS General Restricted TOTAL CURRENT FUNDS PLANT FUNDS TOTAL Cash Balance Receipts Disbursements Cash Balance July 1 1951 for Year for Year June 30 1952 807365 39285587 38872127 1220525 933025 2819837 2111899 16U0963 1710390 121 051 21 10981326 286lk88 11 Oil 38 2900000 3309095 1923U3 2811828 i5oo512l 11793k 21 3053831 m BANK BALANCE Bank of Tifton Tifton Georgia Educational and General Account 53831 150 4 STATEMENT OF UNEXPENDED PLANT FUNDS For Year nded June 30 1952 BALANCE BEGINNING OF YEAR ADDITIONS Governmental Appropriations State Transfer from Current Funds Gift Georgia Highway Department TOTAL ADDITIONS DEDUCTIONS Expended for Plant Additions Animal Disease Laboratory Architects Fee Animal Disease Laboratory Repairs and Equipment Architects Fee Greenhouse Addition Funds For Plant Additions 1101U38 1500000 1000000 100000 2900000 118986 193257 2397317 315912 723593 TOTAL DEDUCTIONS BALANCE END OF YEAR 3809095 192313 A STATEMENT OF INVESTMENT IN PLANT For Year Ended June 30 1952 Investment Investment Year Beginning End of Acquired of Year Additions Deductions Year LAND 20622 acres Original Tract 1919 2062200 2062200 6297 acres Tift 1 Tract 1925 629700 629700 6060 acres Tift 2 Tract 1932 616000 616000 10950 acres Henry Tift Tract 1935 1095000 1095000 5677 acres Mitchell Tract 1935 567700 567700 21170 acres Choate Tract 1936 1073500 1073500 16500 acres College Tract 1937 1650000 1650000 55290 acres Carson Tract 1937 3639500 3639500 225 acres Tifton Realty Tr 1937 22500 22500 100 acre Fulwood Tract 1937 30000 30000 6700 acres Cook County Tract 1938 267500 267500 2813 acres Grimes Tract 1910 562600 562600 162 acres Saunders Tract 1910 160000 160000 12808 acres Decatur Co Tract 1939 1062650 1062650 118010 acres Alapaha Tract 19U 1180100 1180100 1700 acres Alapaha Tract 1911 117500 117500 5350 acres Alapaha Tract 1911 56775 56775 122330 acres Alapaha Tract 1911 1281165 1281165 51100 acres Carpenter Tract 1911 1789550 1789550 5000 acres Cumby Tract 1950 300000 300000 527592 acres TOTAL LAND l81675iiO 18167510 151 STATEMENT OF INVESTMENT IN PLANT Continued Investment Investment Year Beginning End of Acquired of Year Additions Deductions Year BUILDINGS Research Building 1937 6000000 6000000 Extension Building 1922 1650000 U650000 Greenhouse U00000 U00000 Greenhouse 1533700 800000 2333700 Feed Sample House 20000 20000 Engineers Shop 100000 100000 Farm Machine Shed 100000 100000 Nematology Shop 75000 75000 Car Shed 160000 160000 Main Barn 600000 600000 Superintendents Dwelling U00000 U00000 Weather Bureau House 10000 10000 Horticulture Barn 50000 50000 Employees Cottages 6 2000 1200000 1200000 Gin and Seed House 765000 765000 Potato Curing House 300000 300000 Seed Drying House 1951 350000 350000 Seed Cleaning House 1951 120000 120000 Tobacco Packhouse 3UOOOO 3U000Q Tobacco Fertilizer House 85000 85000 Tobacco Curing Barn Steel 20000 20000 Tobacco Curing Barn 33300 3300 30000 Tobacco Curing Barn 30000 30000 Tobacco Curing Barn 30000 30000 Tobacco Curing Barn 30000 30000 Tobacco Curing Barn 50000 50000 Employees Cottage 150000 150000 Tobacco Pathology Packhouse 30000 30000 Soils Laboratory 19U9 180000 180000 Employees Cottage 80000 80000 Employees Cottage 60000 60000 Employees Cottage 50000 50000 Horticulture Main Barn U00000 U00000 Employees Cottage Uoooo Uoooo Grass Breeding Barn Uoooo Uoooo Pump House 5000 5000 Garage Uoooo Uoooo Employees Cottages 2 2000 U00000 U00000 Agronomy Barns 3 U000 1200000 1200000 Fertilizer Building 100000 100000 Shed and Storage Barn 200000 200000 Agronomy Storage Barn 100000 100000 Employees Cottage 55ooo 55ooo Employees Cottage 280000 280000 Employees Cottage 150000 i500oo Employees Cottage 280000 2800 00 Employees Cottage 300000 300000 STATEMENT OF INVESTMENT IN PLANT Continued B Sjr Year Acquired Investment Beginning of Year Additions Deductions Investment End of Year BUILDINGS Continued Dairy and Dairy Barn 2750000 2750000 Breeding Barn 0000 0000 Bull Shed 20000 20000 Bull Shed 20000 20000 Employees Cottage 35000 35000 Employees Cottage 20000 80000 100000 Employees Cottage 30000 70000 100000 Superintendents Cottage U00000 U00000 Gas and Oil House 20000 20000 Animal Husbandry Mule Barn 800000 800000 Animal Husbandry Machine Shed 100000 100000 Animal Husbandry Shop 20000 20000 Animal Husbandry Corn Crib 100000 100000 Animal Husbandry Cow tfarn 200000 200000 Animal Husbandry Feed and Mill House 280000 280000 Animal Husbandry Cow Barn 300000 300000 Animal Husbandry Storage Barn 30000 70000 100000 Employees Cottage Uoooo Uoooo Employees Cottage 100000 100000 Employees Cottage 20000 20000 Employees Cottage 20000 20000 Animal