UA-R-GC-1914-01-01-1963-02-14_Page-070

, ; I 1 Profile of American University In Cairo Table XII-continued -3- General Adm includes Pres., Vice Pres., Comptroller, New York and Board Expenses Instruction and Research includes - Dean-Departments-Arabic Studies, English La~guage tnstltu~e - Social Research (I) Yearly costs plus new staff plus increase each year in continuing staff salary and educational costs. (2) New Staff needs each year, continuing in future years. (3) Debt = Beginning 1962-63 Bank Notes 450,900, General Fund Securities Sold from Endowment to reduce bank notes 1961-62 149,100, Due for money used in Egypt­sale of property . Anticipated deficit 1962-63 Debt Retirement 124,804, 275,000, 999, 804, 1,000,000, (4) Permanent Funding by U.S. Govt. $50,000, 000 based on $10,000,000 each year for five years starting 1967-68-estimated over all return at 4% See additional note 1 on Table XVII (5) 400,000 for purchase of Printing facilities as special grant (6) Income 814,000 +. 275,000 deficit see Note 3 = $1,089, - same as expens