UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Board of Trustees Minutes - 1940 [PAGE 810]

Caption: Board of Trustees Minutes - 1940
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1940]

UNIVERSITY OF ILLINOIS ESTIMATED INCOME General Income

807

Educational and General Public Appropriations: State: One-half Biennial Appropriation for current expense from tax revenues. . . ?5 432 Federal: 50 Morrill-Nelson Acts Bankhead-Jones Act (Teaching) "3 Hatch and Adams Acts Purnell Act Bankhead-Jones Act (Research) Smith-Hughes Act 24 Smith-Lever Acts (including BankheadJones Extension) Capper-Ketcham Act (187 Total, Federal Total, Public Appropriations (5 620 Student Fees: Gross I 300 30 Deduct: Estimated Refunds Net, Fees (1 270 Interest on U. S. Land Grant Fund (from the State) 32 Sales and Services of Educational Departments, and Miscellaneous Sources: 26 Medicine 48 Dentistry Agriculture 80 All Other Total, Sales, Services, and Miscella(155 neous Sources Sub-total (7 077 Endowment Income and Expendable Gift Funds for Educational Purposes: Endowment Income Gifts Total Total, Educational and General (7 077 Auxiliary Enterprises and Activities Endowment Income and Expendable Gift Funds for Non-Educational Purposes Endowment Income

Restricted Income

Total

500 000 318

$5 432 500

50 113 30 60

$30 000 60 000

000 318 000 000

86 737 368 54i 38 (756 (756

86 737 24 368

686) 186)

000 000 000)

755 54i 755 461 38 461 953) (944 639) 953) (6 377 139) 1 300 000 30 000 (1 270 000) 32 451

26 000

451

000

500 500

000

223 860 35 346

48 500 224 360 H 5 346

000) (259 206) (414 206) 637) (1 016 159) (8 093 796) 5 246 (252 637) (1 268 950 5 570 246 520) (252 679) (8 346 950 570 520) 316)

150 000

150 000

Gifts Total

Grand Total Estimated Income $7 077 637

23 5 (29 $1 448

75o 850 600) 279

23 5 (29 525

75o 850 600) 916"