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Caption: Book - Four-Year Report of UI President (1950)
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Financial Resources of the University Institutions are like persons; they cannot do their best work unless they have the full support and confidence of others. Confidence in the postwar University of Illinois was expressed in convincing fashion by the thousands of veterans and other students who sought to enroll, and to an equal degree by hundreds of persons who sold their homes and broke former ties to join our staff. To these sources of support may be added one of the largest organized Alumni Associations in the country, and certainly one of the most loyal. Another demonstration of loyalty to the University has been the Illini Achievement Fund of the University of Illinois Foundation. In its first full year of operation, it broke all records among college funds for the number of contributors. All such demonstrations, however, would have been fruitless if the people of the state, through their elected representatives from the Governor down, had not wholeheartedly voted the appropriations necessary to meet the problems which have been reviewed in this report. A brief summary of the extent of this support will suffice, for it is found in annual reports. From tax funds the biennial appropriations by the General Assembly went from $43,000,000 in 1945-47 to $70,000,000 for 1949-51. The initial appropriations for the biennium 1945-47 were: for current purposes, $20,264,000; for capital purposes, $16,809,000; total, $37,073,000. These appropriations were increased by emergency appropriations of $6,184,000, to provide funds for operation of the new Chicago and Galesburg Undergraduate Divisions and for staff housing, making the totals for the biennium: for current purposes, $26,198,000; for capital purposes, $17,059,000; total, $43,257,000.
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