REPORT DIGEST

EASTERN ILLINOIS UNIVERSITY FOUNDATION

FINANCIAL AUDIT

For the Year Ended:

June 30, 2000

 

Release Date:
February 22, 2001

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State of Illinois

Office of the Auditor General

WILLIAM G. HOLLAND

AUDITOR GENERAL

To obtain a copy of the Report contact:
Office of the Auditor General
Attn: Records Manager
Iles Park Plaza
740 E. Ash Street
Springfield, IL 62703

(217)782-6046 or TDD (217) 524-4646

This Report Digest is also available on
the worldwide web at
http://www.state.il.us/auditor

 

INTRODUCTION

This report covers our financial audit of the Foundation for the year ended June 30, 2000. A compliance audit for the two years ending June 30, 2001 will be performed next year.

AUDITORS' OPINION

Our auditors state the June 30, 2000 financial statements of the Eastern Illinois University Foundation are fairly presented in all material respects.

_____________________________________

WILLIAM G. HOLLAND, Auditor General

WGH:GSS:pp

SPECIAL ASSISTANT AUDITORS

Doehring, Winders & Co. LLP were our special assistant auditors for this engagement.

 

 

 

 

 

 

{Expenditures and Activity Measures are summarized on the reverse page.}

 

 

 

 

EASTERN ILLINOIS UNIVERSITY FOUNDATION
FINANCIAL AUDIT
For the Year Ended June 30, 2000

FINANCIAL OPERATIONS (ALL FUNDS)

FY 00

FY 99

REVENUE

Gifts
Interest and dividends
Loss on sale of investments and other assets
Change in fair value of investments
Other revenue and additions
Total revenue and other additions

 

$1,310,943
$1,472,576
$(7,922)
$2,170,588
$560,189
$5,506,374

 

$1,370,862
$1,411,267
$(18,567))
$7,531
$487,302
$3,258,395

EXPENDITURES

Operations
Awards, scholarships, and grants
Other expenditures
Total expenditures
Net Increase in funds for the Year

BALANCE SHEET INFORMATION

Assets
Cash and Investments
Other Assets
Total Assets
Liabilities and Fund Balances
Liabilities
Fund Balances
Current Unrestricted
Current Restricted
Endowment Fund
Deferred Giving Fund
Agency Fund
Property Fund
Total Fund Balances
Total Liabilities and Fund Balances

 

$716,398
$1,475,521
$88,341
$2,280,260
$3,226,114

 


$36,082,755
200,826
$36,283,581

$9,177,590


$325,084
$3,998,238
$21,088,137
$1,522,837
0
$171,695
$27,105,991
$36,283,581

 

$1,114,213
$1,128,630
$53,731
$2,296,574
$961,821

 


$31,702,509
194,595
$31,897,104

$8,017,227

$230,962
$3,515,889
$18,720,889
$1,241,007
0
$171,130
$23,879,877
$31,897,104

AGENCY EXECUTIVE OFFICER
During Audit Period: Dr. Jon Laible
Currently: Dr. Jon Laible