Statements of Financial Information
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2016* |
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2015* |
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| ASSETS |
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| Cash |
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$56,198 |
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$49,220 |
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| Accounts Receivable and Prepaid Expenses |
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$7,209 |
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$6,034 |
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| Interest and Dividends Receivable |
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$150,685 |
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| Federal Excise Tax Receivable |
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$175,994 |
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$148,166 |
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| Investments |
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$103,776,359 |
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$100,375,738 |
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| Total Assets |
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$104,015,760 |
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$100,729,843 |
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| LIABILITIES |
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| Account Payable |
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$13,348 |
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| Grants Payable |
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$800,000 |
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$1,290,000 |
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| Total Liabilities |
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$813,348 |
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$1,290,000 |
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| NET ASSETS |
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| Unrestricted |
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$103,202,412 |
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$99,439,843 |
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| Total Liabilities and Net Assets |
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$104,015,760 |
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$100,729,843 |
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Statements of Activities and Changes in Net Assets
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2016* |
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2015* |
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| REVENUE |
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|
|
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|---|
| Interest and Dividends |
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$1,917,174 |
|
|
$1,808,613 |
|
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| Income from Limited Partnerships |
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$682,217 |
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|
$2,800,541 |
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| Net Realized and Unrealized Gains (Losses) |
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$6,538,515 |
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$(5,149,359) |
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| Miscellaneous Income |
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$489 |
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$436 |
|
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| Less: Investment Fees |
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$(240,353) |
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$(240,620) |
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|
|
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| Total Revenue |
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$8,898,042 |
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$(780,389) |
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|
|
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| EXPENSES |
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|
|
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|---|
| Charitable Grants |
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$4,584,525 |
|
|
$5,494,135 |
|
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| Grants Management |
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$321,771 |
|
|
$377,848 |
|
|
| Management and General |
|
$169,350 |
|
|
$159,442 |
|
|
| Federal Excise Tax |
|
$59,827 |
|
|
$103,893 |
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|
| |
|
|
|
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| Total Expenses |
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$5,135,473 |
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|
$6,135,318 |
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| |
|
|
|
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| Increase (Decrease) in Net Assets |
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$3,762,569 |
|
|
$(6,915,707) |
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Net Assets
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| |
|
2016* |
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|
2015* |
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|---|
| At Beginning of Year: January 1 |
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$99,439,843 |
|
|
$106,355,550 |
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| At End of Year: December 31 |
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$103,202,412 |
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$99,439,843 |
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| *For the years ended December 31, 2016 and 2015. |
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Forms 990
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| For Fiscal Year 2016 |
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| For Fiscal Year 2015 |
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| For Fiscal Year 2014 |
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| For Fiscal Year 2013 |
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