|
Without Donor Restrictions |
With Donor Restrictions |
Total |
Revenues and Other Support |
|
|
|
| Contributions |
$1,600,666 |
$2,154 |
$1,602,820 |
| Investment income, net |
1,323,398 |
1,074,864 |
2,398,262 |
| Beneficial trust income |
|
63,593 |
63,593 |
| Net realized and unrealized gain (loss) |
7,988,639 |
10,510,417 |
18,499,056 |
| Unrealized gain (loss) on interest in perpetual trust |
- |
21,754 |
21,754 |
|
10,912,703 |
11,672,782 |
22,585,485 |
|
|
|
|
|
|
|
|
Net assets released from restrictions |
1,027,582 |
(1,027,582) |
- |
|
|
|
|
|
|
|
|
Total revenues and other support |
11,940,285 |
10,645,200 |
22,585,485 |
|
|
|
|
Expenses
|
|
|
|
| Grants and distributions |
8,962,594 |
- |
8,962,594 |
|
|
|
|
| Administrative and general expenses |
|
|
|
| Salaries |
983,598 |
- |
983,598 |
| Purchased services |
243,933 |
- |
243,933 |
| Employee benefits |
199,385 |
- |
199,385 |
| Supplies and office expenses |
64,473 |
- |
64,473 |
| Payroll taxes |
59,393 |
- |
59,393 |
| Other expenses |
35,146 |
- |
35,146 |
| Depreciation |
44,273 |
- |
44,273 |
Total administrative and general expenses |
1,630,201 |
- |
1,630,201 |
|
|
|
|
| Other Expenses |
212,865 |
- |
212,865 |
|
|
|
|
Total expenses
|
10,805,660 |
- |
10,805,660 |
|
|
|
|
|
|
|
|
Change in net assets
|
1,134,625 |
10,645,200 |
11,779,825 |
|
|
|
|
|
|
|
|
Net assets, beginning of year
|
66,961,478 |
83,434,624 |
150,396,102 |
|
|
|
|
|
|
|
|
Net assets, end of year
|
$68,096,103 |
$94,079,824 |
$162,175,927 |
