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President's Report 2006 - Rose State College

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financial information<br />

Protecting the investment of donors is a primary goal of the Board of Trustees of the<br />

<strong>Rose</strong> <strong>State</strong> <strong>College</strong> Foundation. Investment decisions are made by the Finance and<br />

Investment Committee to provide the greatest yield and to provide immediate access to<br />

funds for scholarships and programs at <strong>Rose</strong> <strong>State</strong> <strong>College</strong>.<br />

<strong>2006</strong> foundation assets expenditures for <strong>2006</strong><br />

$4,150,624.41<br />

total assets as of June 30, <strong>2006</strong><br />

Artwork<br />

Collection<br />

$7,000.00<br />

Stocks<br />

$29,219.58<br />

Land Held<br />

for Sale<br />

$31,325.00<br />

Cash & CDs<br />

$136,086.14<br />

CommonFund<br />

Investments<br />

$361,869.01<br />

Atkinson<br />

Heritage Center<br />

$1,400,000.00<br />

Public & Private<br />

Endowments<br />

$2,185,124.68<br />

Category of Expense<br />

Expenditure<br />

Scholarships, Academic Awards and Programs $169,389.14<br />

Audit $22,929.00<br />

Honors and Academic Programs $2,300.00<br />

Community Relations $3,205.04<br />

Fundraising $12,193.57<br />

Atkinson Heritage Center $53,000.00<br />

Real Estate Property $10,442.00<br />

Fundraising Software $12,000.00<br />

Other (Office Supplies, Postage, Insurance, etc.) $8,779.00<br />

$294,237.75<br />

total expenditures for <strong>2006</strong><br />

28 <strong>Rose</strong> <strong>State</strong> <strong>College</strong> Foundation: Annual <strong>Report</strong> | 2005-<strong>2006</strong>

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