Graduation date: 1990The purpose of this study was to determine the degree to which public universities\ud are providing subsidies to tax-exempt, non-profit, legally distinct corporations\ud which serve as university-affiliated foundations. Specifically, this investigation\ud sought to determine (a) the percentage of universities providing subsidies, (b) the\ud types of subsidies provided, (c) the dollar value of subsidies provided by the universities,\ud and (d) whether statistically significant differences exist among the categories\ud of the value of the foundations' endowed funds, university size, and the amounts of\ud foundation unrestricted and restricted expenditures with respect to the presence,\ud type, and dollar ranges of subsidies provided by universities to their affiliated foundations.\ud A survey instrument was developed for purposes of gathering data for this\ud study. The accessible population surveyed consisted of all four-year public universities\ud and colleges with an enrollment exceeding 2,500 full-time students which were\ud members of the National Association of College and University Auditors. Of the\ud selected sample size of 125, a total of 83 usable responses were received, resulting\ud in a completion rate of 66 percent.\ud Based on the results of the study, the following information was obtained:\ud (a) 94 percent of the universities provided at least one type of subsidy to their\ud foundations; (b) 73 percent of the universities provided staff and 80 percent of the\ud universities provided office space to their foundation; (c) 50 percent of the universities\ud provided subsidies of $50,000 or more, 33 percent provided $100,000 or more,\ud and 20 percent provided $250,000 or more to their foundation; and (d) foundations\ud that received the lowest subsidies (zero) had the highest means for endowment values,\ud student enrollments, and expenditures
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