ML14279A025

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Reed College, Annual Financial Test Per 10 CFR
ML14279A025
Person / Time
Site: Reed College
Issue date: 09/17/2014
From: Arvin L
Reed College
To:
Document Control Desk, Office of Nuclear Reactor Regulation
References
Download: ML14279A025 (1)


Text

REED COLLEGE September 17, 2014 OFFICE OF THE TREASU R 3203 Southeast Woodstock Boule Portland, Oregon 97202-8199 telephone 5031777-7506 fax 503/777-7775 email emcfarl@reed.edu ER Document Control Desk US Nuclear Regulatory Commission evard1n Washington, DC 20555 Docket 50-288 RE: Annual Financial Test per 10 CFR Reed College satisfies the following self-guarantee tests:

1. Current bond rating of the most recent uninsured, uncollateralized, and unencumbered issuance of this institution:
  • Rating: Aa2/VMIGI
  • Name of rating service: Moody's Investor Service
2. As of 6/30/14, Reed College holds unrestricted endowment assets in the amount of

$126,491,681. This amount exceeds the requirement of at least $50 million.

3. The college will be sending the Commission the 6/30/14 financial statements as soon as they are completed in early October 2014.

I herby certify that the content of this letter is true and correct to the best of my knowledge.

Sincerely, L Zrr/~inervin Vice-President and Treasurer For a verification upon oath or affirmation:

State of Oregon, County of filulfown" Signed and sworn to (or affirmed) before me on &

IJier h l,,'fdate) by,a 4 (lL atV1S.

(name of person making statement)

(Signature of notarial officer)

OFFICIAL SEAL PATRICIA B HENEGHAN NOTARY PUBLIC-OREGON SCOMMISSION NO.

MAC1,2