The Valdosta State University Foundation
Fund Balance Reports

*** Pizer (Spendable Income) ***

****Please note that your balance reflects total dollars (gifts + other revenue less withdrawls).****

                                                                                                                                                                                                                                               
 TYPE       DATE      NUMBER                DESCRIPTION                        DR           CR        BALANCE                                                                                                                                                           
-------   -----------   --------   ---------------------------------------    ----------   ----------   ----------                                                                                                                                                      
Gen J     1/1/2006   5807 ABC   Opening Balances for 2006                                  8732.53      8732.53                                                                                                                                                         
Gen J     1/1/2006   5807 ABC   Opening Balances for 2006                     7251.22                   1481.31                                                                                                                                                         
Check     3/14/200   36328      Valdosta State University Feb. 06 Pizer        129.05                   1352.26                                                                                                                                                         
Check     4/18/200   36786      Valdosta State University March 2006 Piz       379.00                    973.26                                                                                                                                                         
Gen J     5/31/200   5579 ABC   Correct Endowment Variances                    140.80                    832.46                                                                                                                                                         
Check     6/13/200   37290      Valdosta State University Chair Expenses       129.05                    703.41                                                                                                                                                         
Gen J     6/20/200   5580 ABC   Spending Plan for 06/07                                    5790.96      6494.37                                                                                                                                                         
Check     11/14/20   38294      Valdosta State University Expenses Made        934.74                   5559.63                                                                                                                                                         
                                                                           ----------   ----------   ----------                                                                                                                                                         
                                Total SI Pizer                                8963.86     14523.49      5559.63

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Comments concerning the VSUF financial reports can be e-mailed to
(aculbret@valdosta.edu)
Telephone 229-333-7176. These reports were updated 01/18/07.