FINANCIAL AUDIT For the Year Ended:
Release Date: State of Illinois To obtain a copy of the Report contact: This Report Digest is also available on
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INTRODUCTION Our report covers the financial audit for the period ending June 30, 1999.
AUDITORS OPINION Our auditors state the Foundations financial statements as of June 30, 1999 were fairly presented.
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SPECIAL ASSISTANT AUDITORS The Bronner Group, Inc. were our special assistant auditors on this audit.
{Expenditures and Activity Measures are summarized on the reverse page.} |
NORTHERN ILLINOIS UNIVERSITY FOUNDATION
FINANCIAL AUDIT
For the Year Ended June 30, 1999
FINANCIAL OPERATIONS (ALL FUNDS) | FY 1999 |
FY 1998 |
REVENUES AND OTHER ADDITIONS Gifts Royalties Investment Income Contract Services Provided to NIU All Other Income Total Revenue and Other Additions |
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EXPENDITURES AND OTHER DEDUCTIONS Scholarships Support for University Departments and Programs Library books, equipment and property improvements Administrative Services provided to NIU Other Expenditures/Deductions Total Expenditures and Other Deductions |
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SELECTED ACCOUNT BALANCES |
AT JUNE 30, 1999 |
AT JUNE 30, 1998 |
Cash and Cash Equivalents Investments Land and Buildings Equipment Unrestricted Fund Balance Restricted Fund Balance Endowment Investment in Plant |
$ 1,498,749 |
$ 1,104,189 |
FOUNDATION OFFICIALS |
During Audit Period: President: Mallory M. Simpson Currently: President: Mallory M. Simpson |