Statements of Activities 2014 | Kent State University

Statements of Activities 2014

       
Revenue and support
UNRESTRICTED
TEMPORARILY
RESTRICTED 
PERMANENTLY
RESTRICTED 
TOTAL
Gifts                
     Cash and securities   $ 70,632   $ 10,407,273   $ 2,508,303   $12,986,208
     Net change in pledges
     receivable
  (2,165)
-----------------
  (836,313)
-----------------
  (7,320)
-----------------
  (845,798)
-----------------
    68,467   9,570,960   2,500,983   12,140,410
     Losses on pledges
     receivable
  (22,306)
-----------------
  (1,609,251)
-----------------
  (104,406)
-----------------
  (1,735,963)
-----------------
    46,161
-----------------
  7,961,709
-----------------
  2,396,577
-----------------
  10,404,447
-----------------
Net investment income                
     Securities   3,593,757   17,042,493   -   20,636,250
     Investment pool
     operator fee
  1,399,715   (1,399,715)   -   -
     Investment in Hotel
     and Conference
     Center
  495,611
------------
  -
----------------
  -
-----------------
  495,611
-----------------
    5,489,083
-----------------
  15,642,778
-----------------
  -
----------------
  21,131,861
-----------------
                  
Sales, services, events, and other   144   534,759   25,000   559,903
Changes in designation of prior contributions   10,445   (392,704)   382,259   ----------------
Change in actuarial liabilities   ----------------   23,518   519,876   543,394
Release of restrictions   9,965,322
----------------
  (9,965,322)
----------------
  -
--------------
  -
---------------
    15,511,155
----------------
  13,804,738
----------------
  3,323,712
---------------
  32,639,605
----------------
Expenses and losses                
     Grants for Kent State
     University
  11,442,276   -
 
  -   11,442,276
     Administration   717,254
----------------
  -
----------------
  -
----------------
  717,254
----------------
    12,159,530
----------------
 
  -
----------------
  -
----------------
  12,159,530
-----------------
Change in net assets   3,351,625   13,804,738   3,323,712   20,480,075
Net assets at beginning of year   6,877,557
-----------------
  99,584,064
-----------------
  33,509,299
-----------------
  139,970,920
-----------------
Net assets at end of year   $10,229,182
===========
  $113,388,802
===========
  $36,833,011
===========
  $160,450,995
===========