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Fifty Five Fund for Senior Thesis Research Annual Report FY 2014-2015 Date: Aug.1, 2015 Report prepared for: Princeton Class of 1955 Year Established: 1980 - 25th Reunion Purpose: Princeton Senior Thesis Fund Description: Provide grants to defray expenses related to Senior Thesis projects of unusual promise. Fiscal Year 2014-2015 2013-2014 2012-2013 2011-2012 Book Value, May: $102,309.00 $102,309.00 $102,309.00 $102,309.00 Market Value, May: $1,928,895.00 $1,755,578.46 $1,592,821.88 $1,479,225.44 Appreciation: $1,826,586.00 $1,653,269.46 $1,490,512.88 $1,376,916.44 Income Available: $79,970.00 $76,162.50 $157,991.19 $69,081.00 Total recipients to date: 1,047 984 932 895 Recipients last year: 63 52 37 ? Definitions: Book Value – Gift amount vested in Princeton’s investment pool, prior to earning any return. This capital consists of the original contribution plus any other contributions to the fund, including matching gifts. Market Value – Total value of the fund, including additions and appreciation. Appreciation – Difference between book value and market value, indicating growth of the fund. Income - Amount available for spending during the current fiscal year. Report prepared by: Christine Hill, Administrative Assistant, Office of Stewardship, Princeton University 609-258-3320 or chris@princeton.edu Revised: Oct.1,2014 by: David H. Fulmer ’55, Treasurer, Class of 1955  Do you recognize this petroglyph? It is on the west wall of Dillon Gym at the bottom of the short flight of stairs which lead toward Pyne Hall. It was installed on the occasion of our 25th Reunion to commemorate our class gift of $100,000.00. Princeton University was the beneficiary of the 25 year term life insurance policies purchased by many classmates in June of 1955. Instead of adding this money to the great anonymous pool of unrestricted gifts, our class funded a scholarship to help seniors defray the expenses involved in creating the senior thesis. The Fifty Five Fund for Senior Thesis Research now has a market value of $1,479,225.44. Over 1,000 seniors have benefited thus far. Last year, 75 members of the Class of 2012 shared some portion of $53,175.00, mostly in the form of travel grants. Since 2005, an average of $60,000.00 has been allotted to juniors and seniors by the Office of the Dean of the College. In recent years, grants from the Fifty Five Fund have been insufficient to award every applicant and funds from Annual Giving have been used to make up the deficit. (September 2013) |
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