Statements of Financial Information
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2024* |
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2023* |
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| ASSETS |
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| Cash |
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$106,595 |
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$11,137 |
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| Accounts Receivable and Prepaid Expenses |
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$12,727 |
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$18,192 |
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| Federal Excise Tax Refund Receivable |
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- |
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$34,156 |
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| Investments |
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$102,038,028 |
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$101,205,442 |
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| Right of Use Asset |
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$125,634 |
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$158,800 |
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| Total Assets |
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$102,282,984 |
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$101,427,727 |
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| LIABILITIES |
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| Account Payable |
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$71,623 |
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$53,443 |
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| Grants Payable |
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$1,303,300 |
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$1,755,000 |
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| Unrelated Business Tax Payable |
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$117,480 |
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- |
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| Short-Term Lease Liability |
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$34,163 |
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$35,656 |
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| Long-Term Lease Liability |
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$93,423 |
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$125,628 |
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| Total Liabilities |
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$1,619,989 |
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$1,969,727 |
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| NET ASSETS |
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| Unrestricted |
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$100,662,995 |
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$99,458,000 |
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|
| |
|
|
|
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| Total Liabilities and Net Assets |
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$102,282,984 |
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$101,427,727 |
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Statements of Activities and Changes in Net Assets
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2024* |
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2023* |
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| REVENUE |
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| Net Investment Income |
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$6,003,216 |
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$9,171,565 |
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| EXPENSES |
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|
|
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| Charitable Grants |
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$4,228,050 |
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$5,134,750 |
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| Grants Management |
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$381,944 |
|
|
$362,935 |
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| Management and General |
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$35,611 |
|
|
$34,270 |
|
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| Excise and Unrelated Business Taxes |
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$152,616 |
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|
$100,700 |
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|
| |
|
|
|
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| Total Expenses |
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$4,798,221 |
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$5,632,655 |
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| |
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| Increase (Decrease) in Net Assets |
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$1,204,995 |
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|
$3,538,910 |
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Net Assets
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| |
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2024* |
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2023* |
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| |
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|
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| At Beginning of Year: January 1 |
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$99,458,000 |
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$95,919,090 |
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| At End of Year: December 31 |
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$100,662,995 |
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$99,458,000 |
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| *For the years ended December 31, 2024 and 2023. |
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Forms 990
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| For Fiscal Year 2024 |
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| For Fiscal Year 2023 |
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| For Fiscal Year 2022 |
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| For Fiscal Year 2021 |
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| For Fiscal Year 2020 |
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| For Fiscal Year 2019 |
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| For Fiscal Year 2018 |
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| For Fiscal Year 2017 |
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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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