The most common funds used by private colleges and universities include all of the following except. Multiple Choice Endowment funds. Loan funds. Sustainable funds. Plant funds.

University plant funds can readily be recast from an AICPA to a FASB presentation. A university maintains several plant funds as shown in the condensed balance sheets presented below. The fund structure and presentation are consistent with the AICPA college and university reporting model. Although this model has been superseded by FASB ASU 2014-09, Financial Statements of Not-for-Profit Organizations, it is still used by many colleges and universities for internal purposes. Plant Funds (in thousands) Unexpended plant funds     Assets      Cash $  9,000    Investments   27,000     Total assets $  36,000   Liabilities and fund balances  Bonds payable $  24,000    Fund balance      Restricted by donors for specified projects $  4,000    Not restricted by donors    8,000  12,000 Total liabilities and fund balances   $ 36,000 Funds for renewals and replacements     Assets      Cash   $ 4,500  Investments    85,100   Total assets   $ 89,600 Liabilities and…

For each of the following indicate the fund (or funds), if any, in which you think the activity should be accounted for and reported. If you think the fund should be a fiduciary fund, then indicate the type of fund; if a governmental or proprietary fund, then so state. Provide a brief explanation for your response. The Jackson School District holds all funds of the foundation that supports the Jackson High School football team. The foundation is governed by a board of advisors, the members of which are selected by a committee of other advisors. The District performs no administrative functions other than depositing the funds in a checking account and writing checks as directed by the foundation. Virginia State University requires that all cash collected by university‐sponsored clubs be held in university maintained accounts and that all disbursements be approved by the Assistant Dean of Students, consistent with policies and procedures established by the university. Using general…

In each of the three scenarios below (a, b, and c), choose ONE appropriate measure of performance among the following four measures: i) Sharpe Measure ii) Treynor Measure iii) Jensen’s Alpha iv) Information Ratio a) A charitable foundation is considering investing its entire endowment with a single portfolio manager. b) A diabetes foundation is considering choosing many portfolio managers (from a very large pool of portfolio managers) to manage its endowment. c) A university endowment is considering adding a position in an actively-managed portfolio to an already existing passive portfolio. It is evaluating several actively-managed portfolios to choose one among them. PLEASE PROVIDE YOUR ANSWERS IN THE FREE-RESPONSE BOX BELOW: