COMBINED BALANCE SHEET
ENDOWMENT 17 ENDOWMENT 17
.LPRED YELR BOOK, 1944 -il
Horace B. Packer Professorship of English 7,000.00
President's Chair 925.00
Khode Island Professorship of Mathematics 10,000.00
George B. Rogers Professorship of Industrial Mechanics 15,000.00
William A. Rogers Professorship of Astronomy 500.00
T O T A L P R O F E S S O R S H I P F U N D S $190,506.00 Departmental Funds
Allen Memorial Museum Foundation $ 427.50
Mary E. Pitt <Scientific Department) 1,000.00
William Hern Willis and Nancy Whiting Willis Memorial 1,700.00
T O T A L D E P A R T M E N T A L F U N D S $ 3,127.50 Library Funds
Freeborn W . Hamilton and Amanda P. Hamilton Library $ 1,000.00
Mary A. Prescott McArthur Library 1,483.44
T O T A L L I B R A R Y F U N D S $ 2.483.44 Research Funds
Ceramic Research $ 100.00
$336,730.23
Less Undistributed Investment Losses $ 20,661.78
T O T A L U N I V E R S I T Y F U N D .$316.068.45 THE SCHOLARSHIP FUND
Regular Scholarships
Adsit, Charles $ Alden, Cynthia Westover L000.00 Alfred, First Seventh Day Baptist Church of 1,000.00
Alfred, The Great 137.00
Alfred, Ladies of 756.00
Alfredian Lyceum 231.00
Allegany County Masonic Free 10,000.00
Alleghanian Lyceum 231.00
Allen, Abigail, Memorial ... 756.00
Allen, George Richmond 4.000.00
Allen, Mary and Marie, Memorial 757.00
Athenaean Lyceum 274.00
Babcock, Ethel Middaugh, Memorial 1,112.00
Babcock, Eugenia Lewis • • • • 2,000.00
Babcock, Phebe Maria 757.00
Barker, Edmund P 3'112°£
Barnes, Enos W . , Memorial 588.00
Bass, Elmer W . , Memorial 2,000.00
Benjamin, William C , Memorial J• 500.00
Binns, Charles F 1.294.00
Bowler, Mary E 151-92
Bradlev. George H . , Memorial 20.000.00
Bradley, George H . and Harry 2,000.00
Bradley, Myrtle Wells 2,000.00
Brainard, George Edward 155.00
Briggs, Asa Sheldon and Mary Caroline 1,000.00
Brookfield, Second S. D. B. Church 350.00
Brown, Shirley E 1,000.00
Brown, William Wallace and Isaac Brownell Brown Family Scholar-
ship . . 9,231.00
ENDOWMENT 19
Bullock, Asa W., Dr 757.00 Burdick, Amanda M 756.00 Burdick, Malvina Amanda 756.00 Burdick, Susan Minerva 756.00 Canfleld, Lewis L 756.00 Cannon, William C 4,000.00 Carpenter and Rudolph 1,000.00 Cartwright, Ranson and Flora. Memorial 2,000.00
Casey, John Captain, Memorial 1,000.00
Champlin, John, Dr 5,500.00 Chicago, 111., S. D. B. Church 1 265.00
Clarke, Alvord B., Memorial 1,000.00 Clarke, William Russell 125.00
Class of 1890 246.00 Class of 1904 442.00 Clawson. Lewis T. and Amanda Langworthy 757.00
Clawson, Lucia Weed . . . 1,513.00
Cottrell. Edgar Henry 2,500.00 Cottrell, Ira Lee, Rev 2,000.00 Crandall, Benjamin R. and Matilda F 1,000.00
Crandali, Burton Benjamin 1,000.00
Crandall, Eliza M 871.00 Crandall, Emeline Truman, Memorial 756.00
Crandall, Laura Clarke 757.00 Crandall, Sherman Griswold . . 1,000.00
Crandall, W. W., Dr 1,892.00 Crandall, W. W., Mrs . . . 1,892.00
Crumb, Etta West 450.00 Daughters of the American Revolution, Catherine Schuyler Chapter . 1,522.80
Davis, Albino W. and Phoebe A. 1,000.00 Davis, Samuel V.. Liberty 1,000.00
Dennison & Sons 225.00 Dodd, Charles Hastings, Memorial 6,200.00
Eaton Memorial 711.00 Edwards, John and Harriet 757.00
Emery, Lewis, Jr., Hon., Memorial 1,000.00 Evans, Sara Smith, Memorial 1,000.00 Fairbank, Calvin, Memorial 6,200.00 Fassett. Isaac Wheeler, and Cynthia Parmenter Fassett 1,000.00
Ford, Ellen Goodrich 757.00 Fryer, Eliza Nelson 1,322.00 Fuller, Margaret B 1,000.00 Genesee. First Seventh Day Baptist Church '. 850.00
Goodrich, Levi, Dr., Memorial 756.00 Gray, Chester Wilkin. Dr. . . 1.000.00 Green. Frank R., Memorial 500.00
Green, Orson C 757.00 Green, Selinda I : 1,000.00
Greenman, Georgo Stillman 756.00 Hall, Antoinette Farmim 2.000.00 Hall, Edwin Bradford 2,000.00 Hamilton, Bertha B 757.00 Hamilton, Elwood E 757.00 Hatch, Edward Wlngate. Memorial 3.000.00
Hemphill, Aurelia Crandall Green 756.00 Henderson, Margaret Foote Chapman, Memorial . . . 757.00
Herrick, Anna Grace, Memorial 15.762.50 Herrick, Margaret Brown . . 9,906.88 Herrick, Melissa Ann, Memorial 21,268.75 Herrick, Nellie Young, Memorial 17,514.87
Higgins, Orrin Thrall 1.000.00 Hornell, Christ Church (Episcopal) of 755.00
Hornell, First Presbvterian Church of 1,360.01 Hornell, Park M. E. Church of 345.00 Howell. Susan Slingerland 2,000.00 Hull, Charles Eugene. Memorial '. 1.000.00
Hull, Nathan Vars 222.00 International Sunshine Society 1,000.00
Irish, lames Reed 342.00
ill IIII III
Kenyon, Alpheus Burdick . . Kenyon. M. Veola Babcock Lanphear, Ethan
Lyon, Chester Paden, Memorial Main, Arthur El win , McDowell, Clinton P., Memorial Mees, Arthur, Memorial Mees, Susan Howell, Memorial Merrill Memorial
Middaugh, Elizabeth Gorton, Memorial
New York City, First Seventh Day Baptist Church of 1,000.00 Orophilian Lyceum
Owen, Frederick Augustus
2.000.00 2,000.00 756.00 231.00 405.00 3,000.00 2,000.00 2,000.00 1,500.00 1,000.00
Packard Ella Lewis
Pawcatuck, Seventh Day Baptist Church, Choir of
Pawcatuck, Seventh Day Baptist Church, Ladies Aid Society of the Plain field, Seventh Day Baptist Church of
Potter, Elisha
Potter, Leman W . , Dr., Memorial Prentice, LeMyra Maxson Reynolds, J. Lester Rich, Mary E
Rogers, Benjamin Fox. Rev Rogers, Lester Courtland Rosebush, George W e s l e j Salem College
Seward, TTeodore F., Memorial Sherman, Susie Crandall Shiloh Community
Shiloh Seventh Day Baptist Church and Society Shredded Wheat
Smith, Frank Sullivan Stebbins, D. A. and Mary S. . . Steuben County Humane Society Stillman, Charles
Stillman, David R. and Martha G., Memorial . . . Stillman, Madelia Adalaide
Stillman, Mary Grace Stillman, Phebe Ann Stillman, Samuel N Sunshine, Doris
Taylor. Orville P., Memorial . . Theis, Ella Losev
Thorpe. Simeon Montgomery, Hon., and Helen Fassett Hatch, Memorial
Titsworth, Wardner C. and Belle G Tomlinson. Edward M
Tullar, Eugene B. and Angie Cobb Tuttle, George W . , Memorial
Victory Memorial Free 6,075.00 174.00
1,000.00 456.00 174.00 1.000.00 1,000.00 1,892.00 1,500.00 1,000.00 757.00 757.00 757.00 1.000.00 1,025.00 930.00 1,000.00 1.892.00 386.00 1.000.00 1,000.00 1,000.00 1,000.00 1,000.00 600.00 1.000.00 1,000.00 378.00 756.00 1.000.00 1,000.00 10,000.00 1.503.50 1,000.00 378.00 756.00 10.000 00 1,000.00
Walker, James Everett W a r Memorial Graduate Ward, Hamilton, Memorial Weed, Frank J
Weed, Harriet A
Wellsviile, First Baptist Church of Wellsville, First Congregational Society of Wellsvilie, Methodist Episcopal Church of
Wheeler. Calvin, and Phoebe Arabella Maxson Wheeler and George Maxson and Phoebe Wells Maxson, Memorial
Wheeler. Lyman A., and Mary M. Rogers Wheeler, Memorial Whitford, Jessie Briggs
Willard, Virgil A. and Mary J Witter, Abby Kinsley
Witter, William Elbridge
3,000.00 5.400.00 12,000.00 1.513.00 1,513.00 1,000.00 1.090.86 1,030.00 757.00 378.00 900.00 757.00 756.00 756.00
ENDOWMENT 21
Young, Lafayette, Memorial 10,211.25 (Dormant Scholarships $16,060.86)
T O T A L R E G U L A R S C H O L A R S H I P S $332,263.42 Prospective Scholarships $ 433.00
Special Funds 3,718.50
$336,414.92 Less Undistributed Investment Losses $ 15,444.91
T O T A L S C H O L A R S H I P F U N D .$320,970.01
THE INCOME GIFT FUND
Gifts subject to annuity agreements
Allen, Alfred $ 3,800.00
Ames, Susan Howell 10,000.00 Anderson, Katherine 2,000.00 ISabcock, Henrietta V. P., (Dr. Anne L. Waite, beneficiary) 1,000.00
Binns, Charles F., (Elsie Binns, beneficiary) 1,000.00
Burdick, D. Sherman 2,500.00 Carpenter, Edwin G. and Elizabeth B 2,000.00
Carpenter, Mary E., (Marion Carpenter, beneficiary) 1,000.00
Clawson. Cortez and Mae G 1,000.00
Dare, Mabel H 1,000.00 Greene, Chas. Henry. (Howard A. Greene, beneficiary) 405.00
Hall, Harold H. 2,500.00 Harris, Harriet A 500.00 Jordan, Agnes Handlin 560.36 Macken, Mary F 5,000.00 Middaugh, Eva B 1,500.00 Popoff, Mary Frost 1,000.00 Randolph, Alva F 500.00 Rathbun. Kate S 5,000.00 Rogers, Lillis S 25,000.00 Rogers. O n a S 8,500.00 Saunders, William A 1,000.00 Titsworth, Helen A 1,900.00 Woodard. Linda M 200.00
$ 78,865.36 Less Undistributed Investment Losses $ 2,022.91
T O T A L I N C O M E G I F T F U N D . $ 76,842.45
THE THEOLOGICAL FUND
General Fund $ 4,026.84
Special Funds
Henrietta Van Patten Babcock Fund $ 6,792.02
Alfred Collins Fund 137.95 Fund to Aid Young People Preparing for the Ministry . 1,492.63
Nathan V. Hull Professorship of Pastoral Theology . . 2,721.77 William Bliss Maxson Memorial Fund for the Theological
Library 137.95 Plainfield Professorship of Doctrinal Theology 519.80
Professorship of Church History and Homiletics 1,360.88 S. D. B. Church of Scio Memorial Fund 510.00 $ 13,673.00
T O T A L T H E O L O G I C A L F U N D $ 17.699.84
T H E A L U M N I A S S O C I A T I O N
Kenyon-Allc-n Endowment Fund $ 9,179.1?
T H E R O S E B U S H F O U N D A T I O N
George W. Rosebush Professorship of Economics $ 9 1 , 4 3 0 . 6 9 T O T A L E N D O W M E N T F U N D H E L D B Y A L F R E D
U N I V E R S I T Y $832,190.62 H E L D I N T R U S T F O R A L F R E D U N I V E R S I T Y
Seventh Day Baptist Board of Christian Education For Alfred University, College of Liberal Arts
Alfred University Fund $ 15,225.03
Natural History Fund 138.45 Twentieth Century Endowment Fund 39.27
Special Betterment Fund 2 5 7 . 0 7
$ 15,659.82 For Theological Department
Alfred Theological Department Fund $ 17,530.21 Young People Preparing for the Min-
istry Fund 677.46 Twentieth Century Endowment Fund 13.07
$ 18,220.74 $ 33,880.56 Seventh Day Baptist Memorial Fund
For Alfred University
Alfred University Fund . . . . $
Bi-Centennial Education Fund 3 Babcock Professorship of Physics . . 22 George H. and E. Lua Babcock Fund 97 William B. Maxson Professorship of
Greek Language and Literature . 12,562.08 Charles Potter Professorship of His-
tory and Political Science 31,536.68 Twentieth Century Endowment Fund 9 0 0 . 0 0
Nathan Wardner Fund 3,679.66 337.50
896.15 093.41 194.97
$172,200.45 For Theological Department
Professorship of Church History and
Homiletics $ 6,691.40 Nathan Vars Hull Professorship of
Pastoral Theology 50.00 Plainfield Professorship of Doctrinal
Theology 10,474.15 Twentieth Century Endowment Fund 3 0 0 . 0 0
$ 17,515.55 $189,716.00
Tctal Held in Trust for Alfred University $ 2 2 3 . 5 9 6 . 5 6 Total University Endowment Funds (Exhibit A) . $ 1 . 0 5 5 . 7 8 7 . 1 8
PLANT FUNDS 23
S c h e d u l e A - 6 P L A N T F U N D S
June 30, 1945 Alfred University
Grounds $ 41,800.00
Buildings 781,750.00 Furniture and Fixtures 6 6 , 2 5 0 . 0 0
Apparatus and Equipment . ^I'JSx'SS
Libraries 42,500.00 Mimerm 10,000.00 S o n i5;ooo.oo
$1,149,050.00 New York State College of Ceramics
Grounds . . $ 1,000.00
Buildings 260,000.00 Furniture and Fixtures 4,440.00
Apparatus and Equipment 88,020.00
Libraries 1,000.00
$ 354,460.00 New York State Agricultural and Technical Institute
Grounds .$ 17,000.00
Buildings 158,150.00 Furniture and Fixtures 10,000.00
Apparatus and Equipment 106,240.00
Libraries 2,500.00
$ 293,890.00
Total Plant Funds (Exhibit A) $1,797.400.00
a D
E x h i b i t B
A N A L Y S I S O F C O M B I N E D C U R R E N T R E S T R I C T E D F U N D S
Juno 30, 1945
College of Liberal A r t s Special Income Funds
Allen Memorial Museum
Fund $ Babcock, Henrietta \ . P.,
Income Fund
Binns, C. F., Prize Medal Fund
Carillon Fund Ceramic College Fund
(Bond)
Ceramic Fellowships Ceramic Research Fund . . . Class of 1945 Fun i College of Ceramics Com stock Fund Degen Loan Fund Employees Defense Bonds . English Department Book
Fund
Fisher, M. W . , Prize Fund . Greene, Charles Henry,
Income Gift Fund Herrick Pri/9 Essay Fund . Jamestown Extension School Jordan, S. H., Income
Gift Fund Jumph Injury Fund Music Department . . . Music Department Fund . . Room Deposits
Sanger, H. L., Fund Service Men's Scholarship
Fund
Social Hall Building Fund . Social Hall Maintenance
Fumi . . . South Hall Fund
Stanton. L. T., Fund for Promotion of Art Trust Accounts Tuition Resolve
U. S. Cadet Nursing Program Student Fees
Balance
7-1-44 Additions Deductions
4.80 29,07 45.49 74.00 4,353.06 54.29 26.52 25.00 15.00 53.00 11.77 10.00 587.13
16.28 176.20
.60 510.00 112.88 851.51 5,000.00 1,714.42 56.25 1,085.26 100.00
9.98 $ 32.29 13.08 45.00 10,781.12 2.33 40.00 500.00 283.75 49.98 40.00
9,500.00 18.09 47.66 1.199.22 5.000.00 1,810.00 40.00
500.00 77.05 96.74 1,145.00 69,328.49
29.07 45.00 12,599.34 26.52 25.00 500.00 225.00 49.98 30.00 11.77 9,855.11
16.28 1,199.82 2,120.00
86.04
64.74 66,746.10
Balance 6-30-45
14 78 32.29 58.57 74.00 2,535.44 56 62 40.00
73.75 63.00 14.53 10.00 232.02
18.09 223.86 5,000.00 200.0O 152.88 851.51 5,000.00 2,128.3F 56.25 1,162.31 32.00 1,245.00 2,582.39 American Ceramic Society
Dues 40 93 39.50 15.60 64.83 Ceramic Art Sales Deposit . 110.00 1,901.17 2,024.33 (dr.) 13.1 6 Ceramic Design
Ceramic Engineering and
2,712.99 4,537.50 3,373.96 3,876.53 Ceramic Design
Ceramic Engineering and
Glass 3,767.89 4,086.50 5,725.59 2,128.80 Ceramic Out-of-State
Tuition 100.00 165.00 265.00 • — Fiat Lux 697.25 727.50 1,000.00 424.75 Kanakadei
—
1,088.00 1,088.00—
Student Senate 660.00 486.75 511.75 635.00 Scholarships
From Endowment 18,059.54 13,755.30 12,060.44 19.754.40
CURRENT RESTRICTED FUNDS 2 5
FEDERAL L O A N F U N D 3 2 4 . 7 6 3 2 4 . 7 6 STATE ( D R . ) 4 7 . 5 0 3 , 1 5 6 . 0 0 3 , 1 0 8 . 5 0
SPECIAL GIFTS — 5 0 0 . 0 0 5 0 0 . 0 0 TOTAL COLLEGE OF LIBERAL
A R T S (SCHEDULE A - 4 ) $ 4 1 , 3 3 8 . 9 9 $ 1 3 1 , 0 1 7 . 5 3 $ 1 2 3 , 6 2 7 . 7 0 $ 4 8 , 7 2 8 . 8 2 SCHOOL OF THEOLOGY
F U N D T O A I D Y O U N G PEOPLE
P R E P A R I N G FOR THE M I N I S T R Y . $ 2 3 6 . 1 9 $ 1 8 0 . 8 7 $ 1 8 0 . 0 0 $ 2 3 7 . 0 6 M A X S O N , W . B . , MEMORIAL
F E N D FOR THE THEOLOGICAL
L I B R A R Y ( D R . ) 9 . 9 1 7 . 9 9 — ( D R . ) 1 . 9 2 TOTAL SCHOOL OF THEOLOGY
(SCHEDULE A - 4 ) $ 2 2 6 . 2 8 $ 1 8 8 . 8 6 $ 1 8 0 . 0 0 $ 2 3 5 . 1 4 S U M M E R SCHOOL
R O O M DEPOSITS $ 3 . 0 0 $ 1 3 2 . 0 0 $ 3 . 0 0 $ 1 3 2 . 0 0 C E R A M I C A R T SALES D E P O S I T S . . 6 0 . 3 0 3 3 . 2 0 2 7 . 1 0 TOTAL S U M M E R SCHOOL
(SCHELUDE A - 4 ) 8 3 . 0 0 $ 1 9 2 . 3 0 $ 3 6 . 2 0 $ 1 5 9 . 1 0 A L U M N I ASSOCIATION
(SCHEDULE A - 4 ) $ 5 . 3 6 $ 2 . 3 4 $ — $ 7 . 7 0 STUDENT L O A N F U N D
(SCHEDULE A - 4 ) $ 1 2 , 7 7 2 . 5 5 $ 4 4 7 . 9 1 $ 2 , 0 1 6 . 8 3 $ 1 1 , 2 0 3 . 6 3 N E W YORK STATE COLLEGE OF
C E R A M I C S
I N C O M E F U N D BALANCE IN STATE TREASURY AS OF M A R C H 3 1 , 1 9 4 5
(SCHEDULE A - 4 ) $ 1 3 4 . 1 9 $ 5 , 3 8 8 . 4 7 $ 4 , 0 3 2 . 3 7 $ 1 , 4 9 0 . 2 9 N E W YORK STATE AGRICULTURAL
A N D TECHNICAL INSTITUTE I N C O M E F U N D BALANCE I N STATE TREASURY AS OF M A R C H 3 1 . 1 9 4 5
(SCHEDULE A - 4 ) $ 1 2 , 2 3 2 . 8 3 $ 2 2 , 4 5 6 . 8 8 $ 1 9 , 7 6 4 . 1 3 $ 1 4 , 9 2 5 . 5 8 TOTAL C O M B I N E D CURRENT
RESTRICTED F U N D S
( E X H I B I T A ) $ 6 6 7 1 3 . 2 0 $ 1 5 9 . 6 9 4 . 2 9 $ 1 4 9 . 6 5 7 . 2 3 $ 7 6 . 7 5 0 . 2 6
A lllli
E x h i b i t C