Financial Report

Northwestern Oklahoma State University Foundation, Inc. and Alumni Association Statement of Financial Position - June 30, 2008

ASSETS LIABILITIES AND FUND BALANCE

Cash and Cash Equivalents $2,245,664.83 Liabilities Accrued Interest Receivable $47,481.95 Accounts Payable $4,794.70 Accounts Receivable $7,930.00 Accounts Payable-Payroll $4,351.56 Foundation Notes Receivable $2,452.99 Accrued Payroll $15,399.84 Investments $9,950,040.77 Liability for Funds Held for Others $540,665.64 Life Insurance Policies-Cash Value $1,715.34 Notes Payable $295,000.00 Property and Equipment $167,374.14 Gift and Charitable Trust Liability $76,276.13 (net depreciation) Land $630,373.68 Total Liabilities $936,487.87 Collections $106,289.00 Fund Balance Total Assets $13,159,322.70 *Unrestricted ($443,860.20) Temporarily Restricted $118,327.30 Total Trusts & Regents Matching Funds $5,493,267.66 Permanently Restricted $12,548,367.73 Combined Total Assets $18,652,590.36 Total Liabilities and Fund Balance $13,159,322.70

*Unrestricted Fund Balance includes Unrealized Losses on Investments as of 6/30/08 Fair Market Value NOTE - As of print time our audit was incomplete, therefore these fi gures are yet to be audited.

$20000000 $20,000,000 $18,000,000 $16,000,000 $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $0

June 1997 June 1998 June 1999 June 2000 June 2001 June 2002 June 2003 June 2004 June 2005 June 2006 June 2007 June 2008