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Caption: Board of Trustees Minutes - 1940
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8lO BOARD OF TRUSTEES [April 25 SUMMARY OF EXPENDABLE E N D O W M E N T INCOME, GIFTS, A N D OTHER TRUST FUNDS The balances and receipts of the following trust funds are appropriated for the purpose of the respective funds with the provision t h a t the expenditures shall not exceed the receipts and balances of the individual funds. The details as to individual funds and amounts are shown in the summaries of colleges and schools. Salaries Other Educational and General and Wages Expense Total Instruction and Departmental Research: Liberal Arts and Sciences $ 350 $ 50 $ 400 Commerce and Business Administration 3 300 3 300 Fine and Applied Arts 4 750 250 5 000 Physical Education 350 350 Medicine 700 50 750 Total, Instruction and Departmental Research (9 100) (700) (9 800) Organized Research: Liberal Arts and Sciences 29 000 6 000 35 000 Commerce and Business Administration 2 000 2 000 Engineering Experiment Station 95 000 25 000 120 000 Agricultural Experiment Station 24 500 3 500 28 000 Medicine 41 250 8 000 49 250 Dentistry 4 000 I 000 5 000 Total, Organized Research (195 750) (43 500) (239 250) Libraries 2 900 2 900 Physical Plant Operation and Maintenance 570 570 Total, Educational and General (204 850) (47 670) (252 520) Non-Educational Purposes Scholarships, Fellowships, and Prizes Miscellaneous Total, Non-Educational Purposes Grand Total •Distributed as followa: From Endowment Income From Gifts 700 24 5 600 5 (23 300) (6 300) (29 $228 150 $53 970 $282 23 300 000 600 600) 1201 Scholarships, Educational Fellowships, MisceUaand Central and Prizes neons Total J 5 950 ?i8 150 $s 600 $ 29 700 246 570 5 850 252 420
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