12
Wednesday, November 16, 1988 / University Daliv Kansan
KUEA leads Big Eight
By Daniel Niemi Kansan staff writer
The Kansas University Endowment Association leads the Big Eight and its peer schools in the value of its endowment.
its endowment.
According to the Endowment Association annual report, increased yesterday, the asset value of the association increased almost $15 million to $207,460,092.
The University of Nebraska's fund comes closest to Kansas' at $174.8 million, according to statistics compiled for 1987 endowments. At the time, KU's Endowment Association fund was worth $191,969,119.
The University of Oklahoma had the next largest endowment, at $92.5 million, followed by Kansas State University with about $73 million. The University of Colorado was next with assets of $65 million.
Oklahoma State University had an endowment of about $47 million, and Iowa State University had an endowment worth about $43 million.
The University of Missouri-Columbia reported an endowment of about $61 million, but its figures did not include other assets provided by that state's endowment system.
"KU alumni have been traditionally and consistently more generous than alumni at other Big Eight schools and even among most Big Ten schools," said Jim Martin, executive vice president of the Endowment Association.
"I think it has something to do with this community and this campus and with the quality of teaching here at KU and the way alumni are treated after they leave the Hill," he said.
KU's Endowment Association also leads its peer schools in total asset value. Peer schools are similar in size, scope and mission.
The University of North Carolina-Chapel Hill reported a 1987 endowment of about $127 million, followed by Oklahoma and Colorado.
followed by Oklahoma and then the
The University of Oregon had an endowment worth
about $22 million and the University of Iowa had an
endowment of about $20 million.
endowment of about $93 million.
Todd Seymour, president of the Endowment Association,
said several factors contributed to the association's success.
ton's success.
"First of all we are independent from the University and from political involvement. I don't know of any other university that has the same thing."
KU may have suffered a little from the stock market crash in October 1987, but recovered all of its value later.
Continued from p.1
ENDOW
"We didn't make as much money on the sale of stocks, but it depends on what you sell and when you sell it," he said.
Last year, the association made about $8 million on the sale of securities, down about $2.6 million from the previous year.
The Endowment Association also reported about a $2.2 million increase in fund raising to about $17 million.
Seymour said much of the increase was due to contributions coming in for Campaign Kansas. Pledges to Campaign Kansas, or money not yet received, were not included in the report.
Campaign Kansas is the University's five-year, $150 million fundraising drive.
The following is a listing showing how the University Endowment Association spent and paid money the last two years. The figures shown are $14,927,035 in 1888 over fiscal year 1987.
A rising endowment
Additions June 30,1988
Fund raising $17,466,827
Fund raising $17,466,827
Deposits $8,687,112
June 30,1987
$15,227,215
Deposits $8,687,112
Income from investments $21,446,883
Total additions $47,600,822
$23,872,195
- $7,495,065
$46,594,475
Dec.
University support $26,715,365 $23,034,209
Other expenditures $5,957,521 $5,097,528
Total expendits $32,672,866 $28,131,737
Total fund $207,460,092 $192,532,156
Source: Kansas Endowment Annual Report
KANSAN graphi
The Associated Press
WASHINGTON — A government-sponsored panel yesterday recommended a major overhaul of wetlands protection. The states would assume responsibility for a national goal of creating more wetlands than are being destroyed.
are being destroyed The National Wetlands Policy Forum, convened by the Conservation Foundation at the request of the Environmental Protection Agency, said the proposed goal of ending the conversion of wetlands to other uses did not mean every single parcel of marshy ground would have to be preserved, but enough wetlands should be created or restored to outweigh the losses.
on our website.
"The federal government has hundreds of wetlands rules, but there is no guiding principle, no overriding goal," said New Jersey Gov. Thomas H. Kean, who served as chairman of the forum. "The result is confusion equal to rush hour on the beltway."
The 20-member forum embraced representatives of builders, industry.
environmental groups, state and local governments and federal agencies. Its recommendations were presented as a consensus package, and Kean and others said the group would oppose attempts to pick out particular measures from the more than 100 recommendations to support or oppose.
About half the 200 million acres of marshes, swamps and other wetlands that were present in the lower 48 states when European settlement began have been converted for other uses - farms, housing developments, shopping centers, airports and everything else that humans build.
In recent decades, however, environmental benefits of wetlands have been recognized increasingly: storage of flood water, cleansing of pollution, protection of wildlife, spawning and nursing of 60 to 90 percent of the nation's commercial fish catch, recharging groundwater and controlling erosion.
Lawrence landmarks get protection City Commission establishes Historic Resources Commission
ay Derek Schmidt Special to the Kansan
The Lawrence City Commission ended more than 17 months of discussions last night by unanimously approving an ordinance to establish a Historic Resources Commission.
"This demonstrates our commitment," Commissioner Dennis Connistle said. "It demonstrates our protection of the value of a non-renewable resource."
The ordinance provides guidelines for protecting historic structures in Lawrence.
The Historic Resources Commission will comprise five members: two professionals in preservation and three members-at-large.
No one spoke in opposition to the ordinance, but several) people expressed concern about details of
its implementation.
"In my opinion, the ordinance is considerably weaker than when it was presented, and I don't think it will do what it is supposed to do," said Steve Lopes, chairman of the Lawrence Association.
Lopes questioned the process by which members had been appointed to the task force that drafted the ordinance. He said that several members were in favor of industrial growth, not economic preservation.
"I don't want balance on the Landmark Commission." Lopes said. "I want people who want to preserve houses."
preserve houses.
Mayor Bob Schumm ruled Lopes out of order when Lopes began attacking appointees by name.
Schumm said diversity had strengthened the final
product.
"If you put all proponents on a task force, then you're going to battle it out down here," Schumm said. "Then there is a greater chance you will get bogged down and have to deny the whole thing."
Commissioner Sandra Praeger said it was necessary to balance industrial growth with historic preservation.
Commissioner Mike Amyx defended the task force appointees.
The ordinance establishes an award for outstanding historical preservation to be given at least once a year. The Paul E. Wilson awards are named for a former KU professor of law who, in the early 1970s, became the first professor in the nation to teach a course in historical preservation.
Hayden asks Democrats for a meeting
The Associated Press
Louisburg to meet within the next two weeks to solicit their suggestions on budget and legislative issues.
TOPEKA — Gov. Mike Hayden yesterday invited the two Democratic leaders of the Legislature to meet with him, noting, "It is imperative that we put partisan differences aside."
or longer gave the two Democratic leaders the choice of meeting on Nov. 23, Nov. 29 or Dec. 1.
The Republican governor asked Senate Minority Leader Michael Johnston of Parsons and House Minority Leader Marvin Barkis of
the governor, said his aide, Tom Laing.
Johnston is out of the state and had not seen the letter, said his aide, Nancy Kaul.
Barkis welcomed the invitation and most certainly would meet with
"Rep. Barkis has never turned down an opportunity to have dialogue with the governor," said Laing. "We'll see if give-and-take really means give-and-take. But it's certainly a more statesmanlike message than we're received in the past, and I'm sure it's appreciated by the citizens of Kansas."
In a statement that accompanied release of the letters of invitation by the governor's office, Hayden was quoted as saying, "The issues facing our state aren't merely Republican issues or Democratic issues; they are Kansas issues.
Hayden said that what he heard from legislative leaders would shape the recommendations he would present to the Legislature in January
Your Key to the Future is Past Experience.
Experience
Fall'88 Business Manager University Daily Kansas Highest student position. Responsible for day to day operations of the advertising staff of the sixth largest paper in Kansas, including directing the hiring and training of a 40 person staff, sales management, newspaper production and client relations.
Spring '88 National Sales Manager University Daily Kansas Responsible for all national sales efforts, including advertising placement, sales calls, interaction with advertising agencies and rep firms, development and management of a regional sales force and implementation of cooperative advertising programs.
Fall '87 Production Manager University Daily Kansan Responsible for all aspects of the production department, including the logging of insertion orders, coordination of advertising, news and printing services interests, and layout of the newspaper.
Spring '87 Campus Sales Representative University Daily Kansas Responsible for sales, including planning, budgeting and campaign presentations to more than 40 active accounts. Exceeded semester quota, participated successfully in staff programs, maintained productive client relationships and expanded account list.
Summer '87 Advertising Director University Daily Kansan Solely responsible for coordinating all facets of production and directing all related problem-solving efforts as well as management of sales representatives.
Now Hiring
The University Daily Kansan is now taking applications for management and sales staff positions.
Applications are available in 119 Stauffer-Flint Hall. All applications must be turned in by Wednesday, November 16th at 5 p.m.. Interview appointments will be available upon completion of application.
The University Daily Kansas is an Equal Opportunity Employer
sweaters and pleated slacks...
all the style and selection that you've come to expect from Mister Guy...
Mister Guy of lawrence...ku's
only complete specialty shop
for men and women.
HOURS:
M-T-W-F-Sat
9:30-6:00
Th 9:30-8:30
Sun 12-5:00
920 Mass.
842-2700
free refreshments on all home ku football game days.