The Southwestern Historical Quarterly, Volume 92, July 1988 - April, 1989 Page: 652
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652 Southwestern Historical Quarterly
Handbook Project Fund of research fellowship fund incomes for the years ended August 31,
1988 and 1987, are made in accordance with the funds' restrictions.
Investment income is transferred from various award funds to the general fund to meet ad-
ministration costs. The transfer amounts are computed as a percentage of awards paid.
NOTE 5-Changes in Restricted Deferred Amounts-"Handbook" Project Fund
Balance at beginning of year $ 74,228 $ 84,991
Additions-contributions 58,405 82,375
Deductions-funds expended during year 76,592 93,138
Balance at end of year 56,041 74,228
Contributions are recognized in the Handbook Project Fund in an amount equal to funds ex-
pended during the year.
NOTE 6-"Handbook" Project
The Handbook Project Fund was established as a separate accounting entity from the Project
Fund by a resolution of the Executive Council of the Association on June 25, 1983.
At August 31, 1988, the Handbook Project Fund ending fund balance was a deficit of $100,368,
prior to the principal transfer from the Cullen Fellowship Fund. The deficit balance represents
the project to date excess of project expenses over project support, revenue, and transfers
from research fellowship funds. The fund balance deficit was not offset against Handbook
Project Fund restricted deferred amounts of $56,041 at August 31, 1988. As discussed in Notes
1 and 5, the restricted deferred amounts represent unexpended contributions that are re-
stricted by the donors for specific research assistantships
Handbook Project Fund contributions received by the Association subsequent to August 31,
1988, are expected to be restricted to expenditures Incurred on or after September 1, 1988, by
the terms of grant agreements existing at August 31, 1988. As a result of the terms of the grant
agreements, no substantial contribution amounts are expected to be available to meet the
Handbook Project Fund deficit of $100,368 at August 31, 1988. The transfer of principal from
the Cullen Fellowship Fund to the Handbook Project Fund is in accordance with the fund's
A summary of the cumulative costs of the Handbook Project Fund follows.
Aug. 31, Aug. 31,
Cost deficit met by Publication Fund
Deficit from prior year $ 9,716 $ 9,716
Change in current year -o- -o-
Ending deficit met by Pubhcation Fund 9,716 9,716
Cumulative project costs
Handbook Project Fund 985,300 726,o99
Publication Fund 9,716 9,716
General Fund 6,627 6,627
Funded by the Association 1,001,643 742,442
Contributed services 655,646 493,652
Total Handbook cumulative costs, including
contributed services 1,657,289 1,236,094
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Texas State Historical Association. The Southwestern Historical Quarterly, Volume 92, July 1988 - April, 1989, periodical, 1989; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth101212/m1/718/: accessed September 24, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Texas State Historical Association.