Operating Activities
|
Revenues and Gains |
||
|
Comprehensive fee revenue |
$ 49,500,899 |
|
|
Scholarship aid |
($ 10,492,300) |
|
|
Net revenue from students |
$ 39,008,599 |
|
|
Other educational program revenues |
$ 995,413 |
|
|
Total educational program revenues |
$ 40,004,012 |
|
|
Government grants |
$ 1,230,108 |
|
|
Contributions and private grants |
$ 3,365,749 |
|
|
Endowment spending policy |
$ 7,481,517 |
|
|
Other income |
$ 3,649,840 |
|
|
Total operating revenues and gains |
$ 55,731,226 |
|
|
Expenses |
||
|
Instructional |
$ 21,329,696 |
|
|
Research |
$ 527,548 |
|
|
Public support |
$ 167,663 |
|
|
Academic support |
$ 6,919,318 |
|
|
Student services |
$ 8,346,802 |
|
|
Institutional support |
$ 8,860,548 |
|
|
Total educational and general |
$ 46,151,575 |
|
|
Auxiliary enterprises |
$ 10,492,513 |
|
|
Total operating expenses |
$ 56,644,088 |
|
|
Total from Operating Activities (per external financial statements) |
($ 912,862) |
|
|
Depreciation (non-cash) |
$ 2,098,353 |
|
|
Results of operations (as internally budgeted) |
$ 1,185,491 |
Endowment
|
Market Value of Endowment |
$162,418,032 |
|
Nominal return on Endowment |
9.6% |
|
Allocation for Operations from Endowment |
$ 7,481,517 |
|
Spending as a % of current Endowment Mkt. Value |
4.6% |
THIS URL: http://www.bates.edu/IR/fin/finances.fy99.html
rev. 11/8/00 cep