Statement of Financial Position (Unaudited) Statement of Activities and Changes in Net Assets (Unaudited)

December 31, 2014

Assets

Cash and cash equivalents$858,310
Investments147,590,969
Beneficial Interest in Perpetual Trust1,345,004
Receivables18,145
Other assets189,403
Property and equipment, net2,371


Total Assets$150,004,202

Liabilities

Accounts payable and accrued expenses$175,268
Grant Commitments11,865,153


Total Liabilities$12,040,421

Net Assets

Unrestricted$71,215,517
Temporarily restricted60,486,661
Permanently restricted2,261,603


Total Net Assets137,963,781


Total Liabilities and Net Assets$150,004,202