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Report of the President of the Johns Hopkins University, Baltimore, Maryland
Report of the President of the Johns Hopkins University Baltimore Maryland Author:Johns Hopkins University General Books publication date: 2009 Original publication date: 1917 Original Publisher: the Johns Hopkins Press Subjects: Education / Higher Notes: This is a black and white OCR reprint of the original. It has no illustrations and there may be typos or missing text. When you buy the General Books edition of this book you get free trial acc... more »ess to Million-Books.com where you can select from more than a million books for free. Excerpt: ASSETS AND LIABILITIES (JUNE 30, 1918) The University has Assets as follows: Stocks, Bonds, Productive Real Estate, etc., belonging to Endowment Funds, (!,02:5,545.84 Bonds, etc., belonging to Special Funds, 34,000.00 Plant, Equipment, etc. -- Howard St. Buildings $990,189.16 Medical School Buildings 187,028.34 Homewood Land and Development.. 2,277,736.20 New Hunterian Laboratory 127,136.34 Equipment, Books, etc 675,342.88 -- t 4,257,432.92 Accounts receivable 85,468.66 Cash on hand 16,360.75 Making Total Net Assets (Book Value) $11,016,808.17 Corresponding to Liabilities, i. c.. Funds and Balances, as follows: Permanent Endowments (Trust Funds) Funds Consolidated for investment $5,238,504.28 Funds separately in- vested 1.868,765.23 $7,107.269.51 Unexpended Income of Special Funds.. 40.074.42 Sundry Open Accounts 86.492.37 Engineering School Building Fund 37,542.75 $7.271,979.05 Leaving $3,744,829.12 Which is represented by -- Plant, Equipment, etc $4,257,432.92 Unrestricted Bequests 225.093.91 $4,482.520.83 Against which has been charged Loss on investments.... $ 17,283.41 Deficit in Operations to date 330,741.57 TTomewood Development in excess of Funds available 389,672.73 $737,697.71 $3.744.829.12 These liabilities deducted should be offset by cash on hand and good current assets. That such is not the case is due to the fact that the University has had to provide cash to meet the accumulated deficits of $330,7il.57 and an amount from General Account for Homewood Development, $3...« less