REPORT.

To the Board of Trustees of Cornell University:

GENTLEMEN: Your Treasurer begs to submit herewith his Annual Report for the year ending August 1, 1909:

Total Income

Less amount transferred to principal of funds

Income available for the year 1908-9 (See Schedule I)
Total expenditures for the year 1908–9 (See Schedule
II)

Cash deficit for the year 1908-9.

Increase in amount due special funds during the year to complete contracts

64

Total deficit for year 1908-9

Add: Accumulated deficit August 1, 1908.

Accumulated deficit August 1, 1909

Summarized as follows:

$ 1,142,652 79

13,516 85 1,129,135 94

1,132,375 14

3,239 20 11,076 12

703 24

15,018 56 98,454 79

$113,473 35

Amount brought forward

Received from N. Y. State for State

Veterinary College (Schedule XXIII) $30,000 00

Received from fees, etc..

$1,401,749 92

Received Carnegie Foundation for pensions to retired
Professors.

$35,990 08

CASH STATEMENT

Received Aug. 1, 1908 to Aug. 1, 1909.. 3,020,893 29 $3,076,634 92

3,016,779 06

$59,855 86

Agricultural Student Loan Fund:
Gift of the School of Practical Agri-
culture and Horticulture at Brier-
cliff, N. Y., to aid students in the
Agricultural College who are
working their way through. Es-
tablished 1908

Alumni Endowment Fund:

Gift of Alumni to the Endowment fund of the University. Established 1908

Barnes Library Endowment Fund: Gift of Mrs. Harriet Barnes Newberry and A. Victor Barnes in memory of their father, the late Alfred Cutler Barnes. Established 1904

Mrs. A. S. Barnes Shakespeare Prize Fund:

Gift of Mrs. A. S. Barnes, the in

come to be appropriated as a prize to the undergraduate student, who shall present the best essay upon the writings of Shakespeare. Established 1887 Cottage Renewal Fund:

Consists of the surplus income from

the Campus Cottages owned by
the University, in excess of 52%
of the investment value trans-
ferred annually to current in-
come; the fund to be held to
renew the cottages or replace the
investment therein. Established
in 1904...

Philo Sherman Bennett Fund:

Gift from the estate of Mr. Bennett, the income to be used for a prize for the best essay discussing the Principles of Free Government. Established 1905

Amount carried forward

298 01

125 00

5,000 00

1,000 00

9,436 93

400 00

$16,259 94

Amount brought forward

Class '86 Memorial Prize Fund:
Gift of the Class of 1886, the in-
come to be awarded annually as a
prize in Junior Oratory.

Class '91 Memorial Fund:

Gift of Class of 1891, the income to be used for the relief of sick students. Established 1891

Class '94 Memorial Prize Debate Fund: Gift of the Class of 1894, as a foundation of a prize in debate

Class '96 Memorial Fund:

Gift of the Class of 1896, as a nucleus for a fund which shall be used for the establishment of a University Club.

Class '97 Memorial Fund:

Gift of Class of 1897, for furthering

the plan of a University Club....

Class of '98 Memorial Fund:

Gift of Class of 1898 to be added to the fund for the establishment of a University Club

Class of 1908 Fund:

Established by Class of 1908 to be
invested with University funds,
the income less 5% transferred to
University Surplus Fund to be
paid over to Class Secretary.
When no longer needed by the
Class the fund is to revert to the
University for general University
purposes unless the Class at
some regular meeting designate a
particular University purpose for
its use. Established 1908

College Land Script Fund:
Consists of the proceeds received by
the State of New York from the
sale of the Land Scrip appor-
tioned to the State by the U. S.
under the Morrill Act of 1862....
Cornell Endowment Fund:
Consists of the $500,000 given by

Ezra Cornell, pursuant to his
agreement with the State, for the
founding of the University, to-
gether with the net profits de-
rived from the sale of lands

$16,259 94

1,886 00

580 54

500 00

869 57

1,293 46

376 06

1,480 41

688,576 12

Amount carried forward $711,822 10