Repository: UIHistories Project: Book - Four-Year Report of UI President (1950) [PAGE 57]

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1 oi th, bicnnium If) 19 H . tin i 01 n spondinN appropi iutiom w rr < foi ( '»II« ni purpi , $'»1.1 9,000 foi i apital it< u, $1 . IO.ODO. total, $ 0 [19,000, Ni, i sums wen from lax revenues onl) Appropriations wen also inadi ol University income from itudcnt i<« and from open 1 lion ill of which are deposited in the St a t lYcasur) l < l' I!) .i < • > the added amount \\-> $1 i,000,000, making .» total appmpriation from .«ll funds < i $8 i 119,000 foi th< two yi am > \\\ ill. state law, ili« Univcrsit) handlei its own trcasun « < ,. i|)i-, from i < > » '-i mi ind all trust funds ln< lud< «l in th< latt<« < l < l .it. publii and private research contract! private -iii and a < livitii operated undei trust indentures oi bond issui V\M total ol i urn ni operationi in 19 I » Hi was $lil 11 1,000; foi I!) I!) >() u was $•! I ' 1,000 Ai IIK (:hu .!•-.•» Profi ional ColI<>»,< expenditure from truit fundi wen a littli over $200,000 in 1916 and $962,000 in 1949 50 Income from federal grants and contracts inen ised from $ 904,000 in 1943 16 to $-1 ! 11 000 in 1949 50 Income from expendabli private ills and endowment Incom in< n m H from $469,000 in H I > l(i to $1 000 in 1949 »1 ( r During (he years Hid >(), fund foi nev> capital projects to th i tent "I $ ' M ; I no wen rcurcd b) borrowing, not includin $ > ooo oi i' funding opt rationi on pn vioua loan I h rani ol < mi. i. it on thi •« transai tiom wai from i per \ \\\ to U pei cent From thi Mini \< hii v mi nt Fund ol thi i niv< rnit) I lllino < Foundation, thi i fnivi i It) • 11 ivi d Rifts i $ I ^^^ duri < i .....I 1930 ( hi Junr 30, 1916, thi pi rmani nt itudi nt l n and i ido^ \\w nt < fundi received from prh ati oun - wai $1,11 [9 ^^^ on [urn 19 >0, thi total wai $2,66 000, ( > fum 10 19 16, tin invi tmi nt in I fnivi - it) plant ind i i|ui| n

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