Report for the academic year - Libraries - Institute for Advanced Study

More documents

Recommendations

Info

Institute for advanced study F. CHANGES IN DEFERRED RESTRICTED REVENUE (REFUNDABLE ADVANCES) Restricted receipts, which are recorded initially as deferred restricted revenue, are reported as revenues when expended in accordance with the terms of the restriction or transferred ti • quasi-endowment funds. Changes in deferred restricted revenue amounts are as follows: Total Deferred Restricted Revenue Balance at June 30, 1999 $4,419,414 Additions: Contributions, grants, etc. 7,809,892 Restricted endowment income 12,218,964 Total additions 20,028,856 Deductions: Funds expended from contributions, grants, etc. 7,441,479 Funds expended from restricted endowment 6,268,760 Quasi-endowment funds utilized 5,950,204 Total deductions 19,660,443 Balance at June 30, 2000 $4,787,827 G. FUNDS HELD IN TRUST BY OTHERS The Institute is the residuary1 beneficiary of a trust and, upon the death of the life tenant, will be entitled to receive the corpus thereof. The approximate market value of the trust's assets, as reported by the administrator of the trust, aggregated $4,713,800 as of June 30, 2000, and is not included in the accompanying financial statements. H. FUNCTIONAL ALLOCATION OF EXPENSES The costs of providing the various programs and other activities have been summarized on a functional basis in the statement of activities and cash flows. Accordingly, certain costs have been allocated among the programs and supporting services benefited. The net costs incurred by the Institute in operating both the Dining Hall ($478,308 net of $628,267 in revenues) and members' housing ($1,843,328, net of $1,243,508 in revenues) have been allocated among the programs and supporting services benefited. An overhead charge is allocated to certain schools generally based upon their ability to recover such costs under the terms of various grants and contracts. Overhead allocated from administration and general expenses to various programs totaled $3,403,830 for the year ended June 30, 2000. Interesl expense on plant fund debt, net of interest income on short-term investments, is allocated CO schools based upon their occupancy of academic buildings funded with such debt. Allocated interest expense totaled $1,738,445 and allocated interest income totaled $-0- for the year ended June 30, 2000. 132
I. TAX STATUS J . NOTES TO FINANCIAL STATEMENTS The Institute is exempt from Federal income taxes pursuant to Section 501(c)(3) of the Internal Revenue Code and is listed in the Internal Revenue Service Publication 78. TEMPORARILY AND PERMANENTLY RESTRICTED ASSETS The Institute reports gifts of cash and other assets as restricted support if they are received with donor stipulations that limit the use of the donated assets. When a donor restriction expires, that is, when a stipulated time restriction ends or purpose restriction is accomplished, temporarily restricted net assets are reclassified to unrestricted net assets and reported in the statement of activities as net assets released from restrictions. The Institute reports gifts of buildings and equipment as unrestricted support unless explicit donor stipulations specify how the donated assets must be used. Gifts of long-lived assets with explicit restrictions that specify how the assets are to be used and gifts of cash or other assets that must be used to acquire long-lived assets are reported as restricted support. Absent explicit donor stipulations about how long those long-lived assets must be main- tained, the Institute reports expirations of donor restrictions when the donated or acquired long-lived assets are placed in service. Temporarily restricted net assets are available for the following purposes: Academic Services: Educational Programs Permanently restricted net assets are restricted to: Investments to be held in perpetuity, the income from which is expendable to support academic services 2000 $28,563,649 $93,004,620 Net assets were released from donor restrictions by incurring expenses satisfying the restricted purposes or by occurrence of other events specified by donors. Purpose restrictions accomplished: Program expenses: School of Mathematics School of Natural Sciences School of Historical Studies School of Social Science Academic support costs: Libraries and other academic Computing Administration and general: Fund raising Tenants' housing Equipment acquired and placed in service Trust fund disbursements Total restrictions released 133 2000 $3,795,795 2,205,255 1,856,129 2,005,582 2,672,215 92,200 8,616 135,319 160,504 309,612 $13,241,227
Page 5:
Institute for ADVANCED STUDY REPORT
Page 8 and 9:
Extract from the letter addressed b
Page 10 and 11:
The Institute tor Advanced Stud) wa
Page 13 and 14:
THE BOARD LOUIS BAMBERGER CAROLINE
Page 15 and 16:
NATHAN P. MYHRVOLD Co-President, In
Page 17 and 18:
LIBR MOMOTA GANGUL1 Librarian, Math
Page 21 and 22:
The Institute concluded this past y
Page 23 and 24:
REPORT OF THE CHAIRMAN Region and h
Page 25 and 26:
REPORT OF THE DIRECTOR and created
Page 27 and 28:
REPORT OF THE DIRECTOR focus to dat
Page 29 and 30:
RECORD OF EVENTS 1998-99 Institute
Page 31:
institution itself is established n
Page 34 and 35:
Institute for advanced study Nation
Page 36 and 37:
Mr. ind Mrs. Henry Gallagher Evelyn
Page 38 and 39:
William Abikofl Stephen L. Adlei Al
Page 40 and 41:
David Pingree John U. Polking karla
Page 42 and 43:
Institute for advanced study The In
Page 44 and 45:
Institute for advanced study NEC Re
Page 47 and 48:
THt SCHOOL Ob HISTOR] DIES GLEN W.
Page 49 and 50:
THE SCHOOL OF HISTORICAL STUDIES Du
Page 51 and 52:
THE SCHOOL OF HISTORICAL STUDIES Sc
Page 53 and 54:
THE SCHOOL OF HISTORICAL STUDIES of
Page 55 and 56:
THE SCHOOL OF HISTORICAL STUDIES Or
Page 57 and 58:
DAVID HOLLINGER United States Histo
Page 59 and 60:
Chinese Studies Seminar: "Reading E
Page 61 and 62:
Historical Studies Colloquium: "Rew
Page 63:
any production of mathematical pape
Page 66 and 67:
Institute for advanced study [ Bomb
Page 68 and 69:
JINHO BAIK Jntegrable Systems and R
Page 70 and 71:
ALEX SAMORODNITSKY Coding Theory, C
Page 72 and 73:
Automoiphic Forms anj L-functions S
Page 74 and 75:
Automoiphic Forms and L-functions S
Page 76 and 77:
"Converse Theorem, Proof and/oi App
Page 78 and 79:
Institute for advanced study Combin
Page 81 and 82:
SCHOOL • STEPHEN L. ADLER, Partic
Page 83 and 84:
THE SCHOOL OF NATURAL SCIENCES high
Page 85 and 86:
THE SCHOOL OF NATURAL SCIENCES comm
Page 87 and 88: TAL ALEXANDER Astrophysics Institut
Page 89 and 90: THE Astrophysics Talk: "Neutrinos f
Page 91 and 92: Astrophysics Talk: "Early Results f
Page 93: T derived enormous academic benefit
Page 96 and 97: Institute for advanced study PROFES
Page 98 and 99: RUTH ABBEY Political Science Univer
Page 100 and 101: Political Economy Seminar: Discussi
Page 103: This has been an intellectually dem
Page 106 and 107: Institute for advanced study Nowak
Page 108 and 109: Institute for advanced study The Pr
Page 110 and 111: Libraries The Historical Studies-So
Page 113 and 114: IE FOR A. The IAS/Park City Mathema
Page 115 and 116: IAS/PARK CITY MATHEMATICS INSTITUTE
Page 121 and 122: The Mentoring Program for Women in
Page 123: The Institute is a scholar's paradi
Page 126 and 127: Institute for advanced study BALANC
Page 128 and 129: Institute for advanced study STATEM
Page 130 and 131: Institute for advanced study STATEM
Page 132 and 133: Institute for advanced study may be
Page 134 and 135: Institute for advanced study The fo
Page 136 and 137: Institute for advanced study The no
Page 140 and 141: K. FUNCTIONAL EXPENSES Institute fo
Page 145: HISTORICAL STUDIES- SOCIAL SCIENCE
show all

Report for the academic year - Libraries - Institute for Advanced Study

Create successful ePaper yourself

Delete template?

Save as template?