Statements of Financial Information
|
| |
|
2015* |
|
|
2014* |
|
|
|---|
| ASSETS |
|
|
|
|
|
|
|---|
| Cash |
|
$49,220 |
|
|
$147,004 |
|
| Accounts Receivable and Prepaid Expenses |
|
$6,034 |
|
|
$3,095 |
|
|
| Interest and Dividends Receivable |
|
$150,685 |
|
|
$107,915 |
|
|
| Federal Excise Tax Receivable |
|
$148,166 |
|
|
|
|
|
| Investments |
|
$100,375,738 |
|
|
$106,898,818 |
|
|
| |
|
|
|
|
| Total Assets |
|
$100,729,843 |
|
|
$107,156,832 |
|
|
| |
|
|
|
|
| LIABILITIES |
|
|
|
|
|---|
| Grants Payable |
|
$1,290,000 |
|
|
$797,500 |
|
|
| Federal Excise Tax Payable |
|
|
|
|
$3,782 |
|
|
| |
|
|
|
|
| Total Liabilities |
|
$1,290,000 |
|
|
$801,282 |
|
|
| |
|
|
|
|
| NET ASSETS |
|
|
|
|
|---|
| Unrestricted |
|
$99,439,843 |
|
|
$106,355,550 |
|
|
| |
|
|
|
|
| Total Liabilities and Net Assets |
|
$100,729,843 |
|
|
$107,156,832 |
|
|
| |
|
|
|
|
| |
|
|
|
|
Statements of Activities and Changes in Net Assets
|
| |
|
2015* |
|
|
2014* |
|
|
|---|
| REVENUE |
|
|
|
|
|
|
|
|---|
| Contributions |
|
|
|
|
$4,925,718 |
|
|
| Interest and Dividends |
|
$1,808,613 |
|
|
$1,850,292 |
|
|
| Income from Limited Partnerships |
|
$2,800,541 |
|
|
$2,330,798 |
|
|
| Net Realized and Unrealized Gains (Losses) |
|
$(5,149,359) |
|
|
$1,099,774 |
|
|
| Miscellaneous Income |
|
$436 |
|
|
$4,989 |
|
|
| Less: Investment Fees |
|
$(240,620) |
|
|
$(226,733) |
|
|
| |
|
|
|
|
| Total Revenue |
|
$(780,389) |
|
|
$9,984,838 |
|
|
| |
|
|
|
|
| EXPENSES |
|
|
|
|
|---|
| Charitable Grants |
|
$5,494,135 |
|
|
$4,232,590 |
|
|
| Grants Management |
|
$377,848 |
|
|
$364,763 |
|
|
| Management and General |
|
$159,442 |
|
|
$156,176 |
|
|
| Federal Excise Tax |
|
$103,893 |
|
|
$179,134 |
|
|
| |
|
|
|
|
| Total Expenses |
|
$6,135,318 |
|
|
$4,933,023 |
|
|
| |
|
|
|
|
| Increase (Decrease) in Net Assets |
|
$(6,915,707) |
|
|
$5,051,815 |
|
|
| |
|
|
|
|
Net Assets
|
| |
|
2015* |
|
|
2014* |
|
|
|---|
| At Beginning of Year: January 1 |
|
$106,355,550 |
|
|
$101,303,735 |
|
|
| At End of Year: December 31 |
|
$99,439,843 |
|
|
$106,355,550 |
|
|
| |
|
|
|
|
| |
|
|
|
|
| *For the years ended December 31, 2015 and 2014. |
|
|
|
|
| |
|
|
|
|
| |
|
|
|
|
Forms 990
|
|
|
|
|
| |
|
|
|
|
| For Fiscal Year 2015 |
|
|
|
|
| For Fiscal Year 2014 |
|
|
|
|
| For Fiscal Year 2013 |
|
|
|
|
