STATEMENT OF FINANCIAL POSITION (Unaudited)
December 31, 2010
Assets | ||
Cash and cash equivalents | $ | 266,056 |
Investments | 129,434,194 | |
Beneficial Interest in Perpetual Trust | 1,021,222 | |
Receivables | 2,546 | |
Other assets | 143,056 | |
Property and equipment, net | 2,988 | |
TOTAL ASSETS | $ | 130,870,062 |
LIABILITIES | ||
Accounts payable and accrued expenses | $ | $88,101 |
Grant commitments | 2,248,532 | |
TOTAL LIABILITIES | $ | 2,336,633 |
Net Assets | ||
Unrestricted | $ | 73,639,087 |
Temporarily restricted | 48,956,566 | |
Permanently restricted | 5,937,776 | |
TOTAL NET ASSETS | $ | 128,533,429 |
TOTAL LIABILITIES AND NET ASSETS | $ | $130,870,062 |