Financial Report: Financial Position | Activities & Changes in Net Assets

Financial Position

(Unaudited) December 31, 2013

ASSETS  
Cash and cash equivalents $ 703,143
Investments $ 148,180,373
Beneficial Interest in Perpetual Trust $ 1,198,052
Receivables $ 17,983
Other assets $ 178,292
Property and equipment, net $ 4,104
TOTAL ASSETS $ 150,281,947
   
LIABILITIES  
Accounts payable and accrued expenses $ 189,603
Grant commitments $ 3,073,956
TOTAL LIABILITIES $ 3,263,559
   
NET ASSETS  
Unrestricted $ 81,210,306
Temporarily restricted $ 59,693,442
Permanently restricted $ 6,114,640
TOTAL NET ASSETS $ 147,018,388
   
TOTAL LIABILITIES AND NET ASSETS $ 150,281,947