Statements of Financial Information
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2022* |
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2021* |
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| ASSETS |
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| Cash |
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$17,678 |
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$87,281 |
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| Accounts Receivable and Prepaid Expenses |
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$12,368 |
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$27,525 |
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| Federal Excise Tax Refund Receivable |
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$90,654 |
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$6,296 |
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| Investments |
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$97,109,034 |
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$109,830,522 |
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| Right of Use Asset |
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$191,514 |
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| Total Assets |
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$97,421,248 |
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$109,951,624 |
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| LIABILITIES |
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| Account Payable |
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$52,038 |
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$77,455 |
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| Grants Payable |
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$1,240,000 |
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$1,710,000 |
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| Unrelated Business Tax Payable |
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$17,009 |
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| Short-Term Lease Liability |
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$31,827 |
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| Long-Term Lease Liability |
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$161,284 |
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| Total Liabilities |
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$1,502,158 |
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$1,787,455 |
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| NET ASSETS |
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| Unrestricted |
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$95,919,090 |
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$108,164,169 |
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|
| |
|
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| Total Liabilities and Net Assets |
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$97,421,248 |
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$109,951,624 |
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Statements of Activities and Changes in Net Assets
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2022* |
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2021* |
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| REVENUE |
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| Net Investment Income |
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$(7,779,794) |
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$11,373,807 |
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| EXPENSES |
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|
|
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|---|
| Charitable Grants |
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$4,059,750 |
|
|
$7,433,850 |
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| Grants Management |
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$363,607 |
|
|
$294,344 |
|
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| Management and General |
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$32,155 |
|
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$31,208 |
|
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| Excise and Unrelated Business Taxes |
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$9,773 |
|
|
$110,469 |
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| |
|
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| Total Expenses |
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$4,465,285 |
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|
$7,869,871 |
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| Increase (Decrease) in Net Assets |
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$(12,245,079) |
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|
$3,503,936 |
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Net Assets
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| |
|
2022* |
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2021* |
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| At Beginning of Year: January 1 |
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$108,164,169 |
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$104,660,233 |
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| At End of Year: December 31 |
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$95,919,090 |
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$108,164,169 |
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| *For the years ended December 31, 2022 and 2021. |
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Forms 990
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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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| For Fiscal Year 2013 |
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