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ARTS AND SCIENCES BUDGET FOR PRATT BEQUEST Fiscal Year 1978-79
 
 
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1434

ARTS AND SCIENCES
BUDGET FOR PRATT BEQUEST
Fiscal Year 1978-79

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  23,400  14,500  52,000  63,200  153,100 
Undergraduate  6,500  6,500 
Faculty Salary 
Supplement  7,000  3,500  30,000  1,500  42,000 
Equipment  62,000  88,000  121,000  271,000 
TOTAL  92,400  112,500  82,000  185,700  472,600 
In June 1977 
Amount previously approved by Bd. of Visitors  174,000  115,150  80,000  150,000  519,150 

W. D. Whitehead, Director May 9, 1978