UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Board of Trustees Minutes - 1970 [PAGE 356]

Caption: Board of Trustees Minutes - 1970
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356

BOARD OF TRUSTEES

[March 19

Funds from United States Government: F o r Urbana-Champaign (including $614,704 from National Defense Education Act, $81,000 from Health Professions Act for student loans) For Medical Center (including $49,176 from National Defense Education Act, $366,000 from Health Professions Act, and $27,360 from Nurses Training Act for student loans) For Chicago Circle (including $136,973 from National Defense Education Act for student loans) Total Funds from Contracts with State of Illinois Agencies: F o r Urbana-Champaign F o r Medical Center For Chicago Circle Total Grand Total

$44 129 893 77 8 677 047 40 3 111 308 73 $55 918 249 90 $ 1 394 338 73 $ 1 806 $68 179 194 517 365 077 731 52 77 21 50 58

This report was received for record.

INVESTMENT REPORT F o r the Month of January, 1969 Report of the Finance Committee (29) The Finance Committee reported the following changes in investments of endowment funds: Beckwith Purchase: $84 000 U.S. Treasury bills due 6/26/68 $ 81 470 62 Pool Sales: 100 shares Interco Corporation 4 483 27 25 shares Kansas City Power and Light common stock 934 38 200 shares Kellogg Company common stock 8 023 76 61 shares Kroehler Manufacturing Company 2 271 62 Purchases: $ 5 000 C I T Financial Corporation demand notes 5 00000 t/z share Consolidated Foods Corporation common stock 32 19 11 000 Sears Roebuck Acceptance Corporation demand notes 11 000 00 Report of the Comptroller T h e Comptroller reported the following changes in investments of current and unexpended plant funds, which he has been authorized to make: Current Funds Medical Service Plan (Medical Center) Purchase: $100 000 Federal National Mortgage Association certificates due 6/10/69 $ Restricted Group Sale: $500 000 Atlantic Richfield notes due 3/4/69 Purchases: $ 500 000 Federal National Mortgage Association certificates due 8/4/69 1 200 000 Federal National Mortgage Association certificates due 6/30/69 1

100 127 01

496 989 58 481 688 89 164 160 00