 | Board of Visitors minutes June 2, 1979 |  |
1587
ARTS AND SCIENCES
BUDGET PROPOSAL FOR PRATT BEQUEST
Fiscal Year 1979-80
The Special Advisory Committee of the Center for Advanced Studies has approved the following budget for the Pratt funds of the four departments in Arts and Sciences. The four departments designated in the Will were Biology, Chemistry, Mathematics, and Physics; and the funds could be used in three categories displayed in the budget, scholarships for outstanding students, supplementation of faculty salaries, and equipment. The annual disbursement of the estate is $678,478 to be divided equally between Arts and Sciences and Medicine; in addition there is a one time allocation of income accumulated before the disbursement program was established of approximately $750,000 to be equally divided.
| Biology | Chemistry | Mathematics | Physics | Total | |
| Student Support: Graduate & undergraduate | 41,000 | 17,500 | 28,700 | 40,000 | 127,200 |
| Faculty Salary Supplement | 4,000 | 4,000 | |||
| Equipment | 40,300 | 149,500 | 49,000 | 238,800 | |
| TOTAL | 81,300 | 171,000 | 28,700 | 89,000 | 370,000 |
| Amount previously approved by Board of Visitors: June 1978 | 92,400 | 112,500 | 82,000 | 185,700 | 472,600 |
| June 1977 | 174,000 | 115,150 | 80,000 | 150,000 | 519,150 |
| Board of Visitors minutes June 2, 1979 | |