UIHistories Project: A History of the University of Illinois by Kalev Leetaru
N A V I G A T I O N D I G I T A L L I B R A R Y
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Repository: UIHistories Project: Book - 16 Years (Edmund James) [PAGE 31]

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The Income of the University

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quired for the inauguration of a comprehensive building plan for the next ten years, was not granted by the legislature. 3. Total Income of the University The total receipts of the University from all sources for each year from 1904 to 1917 are shown in the following table. It should be noted that in this table the sums received from the State of Illinois represent not only all sums appropriated directly to the University for University purposes, but also all other funds with the administration of which the Trustees of the University were charged. It will be observed that the income of the University and related departments from each of the various sources—United States Government, State of Illinois, and fees, sales, etc.,— showed a marked increase during the sixteen years from 1904 to 1920. The income proper of the University exceeded $1,000,000 for the first time in the year 1905-06. Six years later it went beyond $2,000,000 and for the years 1915-16, and following it has exceeded $3,000,000. The total available income for 1903-04, the year immediately preceding this period, was $956,472.80. The total sum available for 1919-20, including the balance at the beginning of the year, was $3,967,848.20, an increase of $3,011,375.40 over the income for 1903-04, or about 314 per cent.

GIFTS TO THE UNIVERSITY

The University has, at various times, been the recipient of important gifts. These have consisted of land, buildings, scientific collections, libraries, machinery, miscellaneous items, and sums of money. Usually any money received has been given for a definite purpose designated by the donor, such as a fellowship, a scholarship, a loan fund, a prize, or books of a special character. The first gifts to the University were made in 1867 in order to secure its location in Champaign County. At that time the county, through a committee of its board of supervisors, offered the Urbana and Champaign Institute buildings and grounds, about 970 acres of farm land, one hundred thousand dollars in Champaign County ten per cent bonds, fifty thousand