Finances Fiscal Year 2000, Year-End Actual (July 1, 1999 to June 30, 2000)


Operating Activities

Revenues and Gains

Comprehensive fee revenue

$ 52,327,546

Scholarship aid

($ 11,978,828

Net revenue from students

$ 40,348,718

Other educational program revenues

$   1,125,672

Total educational program revenues

$ 41,474,390

Government grants

$   1,027,523

Contributions and private grants

$   4,171,119

Endowment spending policy

$   8,867,547

Other income

$   4,995,018

Total operating revenues and gains

$ 60,535,597

Expenses

Instructional

$ 23,166,155

Research

$      387,385

Public support

$      236,796

Academic support

$   7,654,914

Student services

$   8,783,937

Institutional support

$   9,770,191

Total educational and general

$ 49,966,378

Auxiliary enterprises

$ 10,645,511

Total operating expenses

$ 60,611,889

Total from Operating Activities (per external financial statements)

($      76,292)

Depreciation (non-cash)

$   2,500,465

Results of operations
(as internally budgeted)

$   2,424,173


Endowment 

Market Value of Endowment

$198,273,873

Nominal return on Endowment

26.0%

Allocation for Operations from Endowment

$ 8,867,547

Spending as a % of current Endowment Mkt. Value

4.5%


THIS URL: http://www.bates.edu/IR/fin/finances.fy00.html
rev. 02/07/01  cep


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