Statements of Financial Information
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2017* |
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2016* |
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| ASSETS |
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| Cash |
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$110,933 |
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$56,198 |
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| Accounts Receivable and Prepaid Expenses |
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$9,044 |
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$7,209 |
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| Federal Excise Tax Refund Receivable |
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$154,639 |
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$175,994 |
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| Investments |
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$109,713,870 |
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$103,776,359 |
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| Total Assets |
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$109,988,486 |
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$104,015,760 |
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| LIABILITIES |
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| Account Payable |
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$12,946 |
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$13,348 |
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| Grants Payable |
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$1,370,000 |
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$800,000 |
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| Total Liabilities |
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$1,382,946 |
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$813,348 |
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| NET ASSETS |
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| Unrestricted |
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$108,605,540 |
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$103,202,412 |
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| Total Liabilities and Net Assets |
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$108,605,540 |
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$104,015,760 |
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Statements of Activities and Changes in Net Assets
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2017* |
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2016* |
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| REVENUE |
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|
|
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|
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| Interest |
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$626,164 |
|
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$662,079 |
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| Dividends and Other Distributions |
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$1,142,983 |
|
|
$1,255,095 |
|
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| Income from Limited Partnerships |
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$2,086,104 |
|
|
$682,217 |
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| Net Realized and Unrealized Gains |
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$8,199,039 |
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|
$6,538,515 |
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| Miscellaneous Income |
|
$98 |
|
|
$489 |
|
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| Less: Investment Fees |
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$(264,379) |
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|
$(240,353) |
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| |
|
|
|
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| Total Revenue |
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$11,790,009 |
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|
$8,898,042 |
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|
|
|
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| EXPENSES |
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|
|
|
|---|
| Charitable Grants |
|
$5,849,575 |
|
|
$4,584,525 |
|
|
| Grants Management |
|
$311,984 |
|
|
$321,771 |
|
|
| Management and General |
|
$143,920 |
|
|
$169,350 |
|
|
| Federal Excise Tax |
|
$81,402 |
|
|
$59,827 |
|
|
| |
|
|
|
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| Total Expenses |
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$6,386,881 |
|
|
$5,135,473 |
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|
| |
|
|
|
|
| Increase (Decrease) in Net Assets |
|
$5,403,128 |
|
|
$3,762,569 |
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| |
|
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|
Net Assets
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| |
|
2017* |
|
|
2016* |
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|---|
| At Beginning of Year: January 1 |
|
$103,202,412 |
|
|
$99,439,843 |
|
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| At End of Year: December 31 |
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$108,202,412 |
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$103,202,412 |
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| *For the years ended December 31, 2017 and 2016. |
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Forms 990
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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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