1932-1933 Catalog

INCOME AND ENDOWMENT 19 CATALOGUES AND BULLETINS Cata logues and bulletins are issued quarterly by the College. They may be had on request. Students, alumni, and friends can render a valuable service to the college by sending names and addresses of prospective students and also names and addresses of men and women of means who are willing to give to the sup– port of a Christian college. Any sum will be gladly received, thankfully acknowledged, and wisely used. INCOME AND ENDOWMENT lncome.-The annual income of Cedarville College comes from five sources, namely (1) the tuition fees from students, (2) interest from its productive endowment, (3) voluntary gifts from individuals, (4) contributions from congregations of the Reformed Presbyterian Church General Synod, and (5) from several congregations in the Presbyterian church, U. S. A. Endowrnent.-The total amount of the productive En– dowment of Cedarville College is $242,000. To this should be added two funds of the Reformed Presbyterian Theological Seminary amounting to $75,000 from whose income the college benefits annually. The two funds total the sum of $317,000. Cedarville College is now seeking to add $300,000 to the present endowment by June 1934, which is the fortieth anniversary of the college. Friends are urgently asked to contribute gifts in money, checks, r eal estate, annuities, stocks, bonds, and be– quests. Large and small sums will be thankfully received, carefully invested, and only their annual income wisely used. Friends may be assured that their gifts will be safely invested. CUSTODIAN OF ENDOWMENT The Board of Trustees have elected and secured the FIRST NATIONAL BANK OF CINCINNATI as the CUSTODIAN AND INVESTMENT TRUSTEE of all of its Endowment securities. ENDOWMENT FUNDS Peter Gibson .....•.....•.. . ..•... .. ......••.•.• .•••• ..•.• ••••.•.. f20,000 .00 'fhomas Gibson ............... ..... . .. , . . . . . . . . . . • . . . . . . . . . . . . • •. • 5,000.00 Robert M. Cooper . . . . . . . . . . • . . . . . • . . . . • • . . . . . . . • . . . • . • • . • • . . . • • • • 8,414.45 George W. Harper ...•...•..................... , . • • . . • . . . • . . . . . • • . 12,000.00 James Burney Lyons ...............................•. , . . . . . . . . • . • • 700.00 :McLeod Memorial •.. ............... , ....•... , ......... , , • . . . . . . . • 8,200.00 Pittsburgh Tabernacle Presbyterian Church . . . . . . . . . . . . . . . . . . . . . . . • • 5,500.00 Samuel Price . . . . . . . . . . . . . . . . . . . . . . . . . • . • . . . . . . • . . . • . . . . . . . • . . . . • • 8,000.00 liargaret A. Hunter ... .. ..........••............• . .. , .... , . • . . . • • 500.00 Second Reformed Presbyterian Church, Philadelphia, Pennsylvania • • 5,000.00 George W. Brownell ................... ....•.......... , , . • • • . • . • • • 200.00 Alumni Cedarville College . . • . . • . . . . . • . . . .... , .. , . ..•. , . , . . . . . . • . 4,000.00 Darlington Reformed Pre8byterlan hurch .....•....... , , ... , . . . . . . . 1,800.00 hrlstlne .Arbuckle •.........•......... , .. , , . , ••...•• , •..••. , . • . • • 85,000.00