KU Endowment gave about $120M to KU

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LAWRENCE, Kan. (AP) — The Kansas University Endowment provided the University of Kansas with nearly $120 million in the fiscal year that ended June 30.

The KU Endowment announced Tuesday that in the 2013 fiscal year it provided the university with $119.4 million, which was barely more than the $119.3 million the endowment provided the university during the 2012 fiscal year.

The Lawrence Journal-World reported (http://is.gd/ripfby ) that of the total, only about $5 million came from unrestricted funds, while most were funds that donors earmarked for specific university functions. The total funding figure also includes $9.6 million for the University of Kansas Hospital.

Other funds went to such things as student scholarships and fellowships and faculty salaries and professorships.

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Information from: Lawrence (Kan.) Journal-World, http://www.ljworld.com

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