Annual Report 2006-07

Statement of Financial Position (in thousands)

Assets  
June 30, 2007
 
June 30, 2006
CASH AND CASH EQUIVALENTS  
$2,110
  
$(1,116)
RECEIVABLES  
 
  Loans receivable, less allowance for uncollectible loans of $1,503
in 2007 and $1,383 in 2006 		 
19,427
  
18,628
  Contributions pledged, less
allowance for uncollectible pledges of $841 in 2007 and $1,067 in 2006 		 
40,053
  
46,278
  Other receivables  
18,067
  
14,602
TOTAL RECEIVABLES  
77,547
  
79,508
  INVESTMENTS  
 
  Securities (at market values)  
1,279,164
  
1,108,191
  Trusts held by others
(at market values)		  
37,387
  
33,916
  Interest in KU Endowment Charitable Gift Fund  
512
  
134
  Real estate  
9,103
  
8,971
TOTAL INVESTMENTS  
1,326,166
  
1,151,212
PROPERTY AND FACILITIES ON
OR ADJACENT TO CAMPUS		  
 
  Land  
5,715
  
5,797
  Buildings  
17,489
  
17,471
  Equipment and furnishings  
4,180
  
4,017
     
27,384
  
27,285
  Less accumulated depreciation  
11,793
  
11,011
Net Property and Facilities  
15,591
16,274
Deposits and Other Assets  
9,389
9,439
Collateral Held for Securities Lending  
134,790
  
121,805
TOTAL ASSETS  
$1,565,593
$1,377,122
     

Liabilities and Net Assets  
 
LIABILITIES  
 
  Accounts payable and accrued expenses  
16,038
  
13,752
  Securities lending obligation  
134,790
  
121,805
  Life income gift payables  
20,259
  
17,792
  Agency funds  
73,647
  
64,656
TOTAl LIABILITIES  
244,734
  
218,005
NET ASSETS  
  Unrestricted  
157,242
127,910
  Temporarily restricted  
785,754
667,974
  Permanently restricted  
377,863
363,233
TOTAL NET ASSETS  
1,320,859
1,159,117
     
TOTAL LIABILITIES AND NET ASSETS  
$1,565,593
1,377,122


The Statement of Financial Position above and Statement of Activities are excerpted from KU Endowment’s 2007 financial statements, which have been audited by Ernst & Young LLP.