Annual Report 2005-06

Statement of Financial Position (in thousands)

Assets  
June 30, 2006
 
June 30, 2005
CASH AND CASH EQUIVALENTS  
$(1,116)
 
$(380)
RECEIVABLES  
 
  Loans receivable, less allowance for uncollectible loans of $1,383
in 2006 and $1,277 in 2005 		 
18,628
  
17,958
  Contributions pledged, less
allowance for uncollectible pledges of $1,067 in 2006 and $1,058 in 2005 		 
46,278
  
47,684
  Other receivables  
14,602
  
16,000
TOTAL RECEIVABLES  
79,508
  
81,642
  INVESTMENTS  
 
  Marketable securities
(at market values)		  
1,108,191
  
992,517
  Trusts held by others
(at market values)		  
33,916
  
31,149
  Interest in KU Endowment Charitable Gift Fund  
134
  
2,258
  Real estate  
8,971
  
9,012
TOTAL INVESTMENTS  
1,151,212
  
1,034,936
PROPERTY AND FACILITIES ON
OR ADJACENT TO CAMPUS		  
 
  Land  
5,797
  
6,292
  Buildings  
17,471
  
19,580
  Equipment and furnishings  
4,017
  
3,683
     
27,285
  
29,555
  Less accumulated depreciation  
11,011
  
10,167
Net Property and Facilities  
16,274
19,388
Deposits and Other Assets  
9,439
7,931
TOTAL ASSETS  
$1,255,317
$1,143,517
     

Liabilities and Net Assets  
 
LIABILITIES  
 
  Accounts payable and accrued expenses  
13,752
  
18,931
  Life income gift payables  
17,792
  
17,254
  Agency funds  
64,656
  
61,194
TOTAl LIABILITIES  
96,200
  
97,379
NET ASSETS  
  Unrestricted  
127,910
117,495
  Temporarily restricted  
667,974
581,966
  Permanently restricted  
363,233
346,677
TOTAL NET ASSETS  
1,159,117
1,046,138
     
TOTAL LIABILITIES AND NET ASSETS  
$1,255,317
1,143,517


The Statement of Financial Position above and Statement of Activities are excerpted from KU Endowment’s 2006 financial statements, which have been audited by Ernst & Young LLP.