FOR THE YEAR ENDED December 31, 2017
|
|
Assets | |
| Cash and cash equivalents | $ | 676,186 |
| Investments | | 152,986,757 |
| Beneficial Interest in Perpetual Trust | | 1,274,116 |
| Receivables | | 3,686 |
| Other assets | | 203,057 |
| Property and equipment, net | | 4,598 |
| | |
| Total Assets | $ | 155,148,400 |
| | |
| | |
Liabilities | |
| Accounts payable and accrued expenses | $ | 201,533 |
| Grant Commitments | | 11,042,843 |
| | |
| Total Liabilities | $ | 11,244,376 |
| | |
Net Assets | |
| Unrestricted | $ | 69,765,005 |
| Temporarily restricted | | 67,950,804 |
| Permanently restricted | | 6,188,215 |
| | |
| Total Net Assets | | 143,904,024 |
| | |
| Total Liabilities and Net Assets | $ | 155,148,400 |
| | |
| | |
