Statements of Financial Information
|
| |
|
2019* |
|
|
2018* |
|
|
|---|
| ASSETS |
|
|
|
|
|
|
|---|
| Cash |
|
$300 |
|
|
$83,907 |
|
| Accounts Receivable and Prepaid Expenses |
|
$13,598 |
|
|
$9,737 |
|
|
| Federal Excise Tax Refund Receivable |
|
$150,069 |
|
|
$9,737 |
|
|
| Investments |
|
$110,223,818 |
|
|
$99,410,534 |
|
|
| |
|
|
|
|
| Total Assets |
|
$110,387,785 |
|
|
$99,617,936 |
|
|
| |
|
|
|
|
| LIABILITIES |
|
|
|
|
|---|
| Checks Written in Excess of Bank Balance |
|
$2,153 |
|
|
$0 |
|
|
| Account Payable |
|
$15,251 |
|
|
$12,250 |
|
|
| Grants Payable |
|
$1,670,000 |
|
|
$1,235,000 |
|
|
| |
|
|
|
|
| Total Liabilities |
|
$1,687,404 |
|
|
$1,247,250 |
|
|
| |
|
|
|
|
| NET ASSETS |
|
|
|
|
|---|
| Unrestricted |
|
$108,700,381 |
|
|
$98,370,686 |
|
|
| |
|
|
|
|
| Total Liabilities and Net Assets |
|
$110,387,785 |
|
|
$99,617,936 |
|
|
| |
|
|
|
|
| |
|
|
|
|
Statements of Activities and Changes in Net Assets
|
| |
|
2019* |
|
|
2018* |
|
|
|---|
| REVENUE |
|
|
|
|
|
|
|
|---|
| Net Investment Return |
|
$16,222,195 |
|
|
$(4,724,682) |
|
|
| |
|
|
|
|
| EXPENSES |
|
|
|
|
|---|
| Charitable Grants |
|
$5,502,175 |
|
|
$5,031,425 |
|
|
| Grants Management |
|
$308,766 |
|
|
$318,743 |
|
|
| Management and General |
|
$42,870 |
|
|
$84,123 |
|
|
| Federal Excise Tax |
|
$38,689 |
|
|
$75,881 |
|
|
| |
|
|
|
|
| Total Expenses |
|
$5,892,500 |
|
|
$5,510,172 |
|
|
| |
|
|
|
|
| Increase (Decrease) in Net Assets |
|
$10,329,695 |
|
|
$(10,234,854) |
|
|
| |
|
|
|
|
Net Assets
|
| |
|
2019* |
|
|
2018* |
|
|
|---|
| |
|
|
|
|
|
|
|
| At Beginning of Year: January 1 |
|
$98,370,686 |
|
|
$108,605,540 |
|
|
| At End of Year: December 31 |
|
$108,700,381 |
|
|
$98,370,686 |
|
|
| |
|
|
|
|
| |
|
|
|
|
| *For the years ended December 31, 2019 and 2018. |
|
|
|
|
| |
|
|
|
|
| |
|
|
|
|
Forms 990
|
|
|
|
|
| |
|
|
|
|
| For Fiscal Year 2019 |
|
|
|
|
| For Fiscal Year 2018 |
|
|
|
|
| For Fiscal Year 2017 |
|
|
|
|
| For Fiscal Year 2016 |
|
|
|
|
| For Fiscal Year 2015 |
|
|
|
|
| For Fiscal Year 2014 |
|
|
|
|
| For Fiscal Year 2013 |
|
|
|
|
