Statements of Financial Information
|
| |
|
2018* |
|
|
2017* |
|
|
|---|
| ASSETS |
|
|
|
|
|
|
|---|
| Cash |
|
$83,907 |
|
|
$110,933 |
|
| Accounts Receivable and Prepaid Expenses |
|
$9,737 |
|
|
$9,044 |
|
|
| Federal Excise Tax Refund Receivable |
|
$113,758 |
|
|
$154,639 |
|
|
| Investments |
|
$99,410,534 |
|
|
$109,713,870 |
|
|
| |
|
|
|
|
| Total Assets |
|
$99,617,936 |
|
|
$109,988,486 |
|
|
| |
|
|
|
|
| LIABILITIES |
|
|
|
|
|---|
| Account Payable |
|
$12,250 |
|
|
$12,946 |
|
|
| Grants Payable |
|
$1,235,000 |
|
|
$1,370,000 |
|
|
| |
|
|
|
|
| Total Liabilities |
|
$1,247,250 |
|
|
$1,382,946 |
|
|
| |
|
|
|
|
| NET ASSETS |
|
|
|
|
|---|
| Unrestricted |
|
$98,370,686 |
|
|
$108,605,540 |
|
|
| |
|
|
|
|
| Total Liabilities and Net Assets |
|
$99,617,936 |
|
|
$109,988,486 |
|
|
| |
|
|
|
|
| |
|
|
|
|
Statements of Activities and Changes in Net Assets
|
| |
|
2018* |
|
|
2017* |
|
|
|---|
| REVENUE |
|
|
|
|
|
|
|
|---|
| Net Investment Return |
|
$(4,724,682) |
|
|
$11,692,944 |
|
|
| |
|
|
|
|
| EXPENSES |
|
|
|
|
|---|
| Charitable Grants |
|
$5,031,425 |
|
|
$5,849,575 |
|
|
| Grants Management |
|
$318,743 |
|
|
$311,984 |
|
|
| Management and General |
|
$84,123 |
|
|
$46,855 |
|
|
| Federal Excise Tax |
|
$75,881 |
|
|
$81,402 |
|
|
| |
|
|
|
|
| Total Expenses |
|
$5,510,172 |
|
|
$6,289,816 |
|
|
| |
|
|
|
|
| Increase (Decrease) in Net Assets |
|
$(10,234,854) |
|
|
$5,403,128 |
|
|
| |
|
|
|
|
Net Assets
|
| |
|
2018* |
|
|
2017* |
|
|
|---|
| At Beginning of Year: January 1 |
|
$108,605,540 |
|
|
$103,202,412 |
|
|
| At End of Year: December 31 |
|
$98,370,686 |
|
|
$108,605,540 |
|
|
| |
|
|
|
|
| |
|
|
|
|
| *For the years ended December 31, 2018 and 2017. |
|
|
|
|
| |
|
|
|
|
| |
|
|
|
|
Forms 990
|
|
|
|
|
| |
|
|
|
|
| For Fiscal Year 2018 |
|
|
|
|
| For Fiscal Year 2017 |
|
|
|
|
| For Fiscal Year 2016 |
|
|
|
|
| For Fiscal Year 2015 |
|
|
|
|
| For Fiscal Year 2014 |
|
|
|
|
| For Fiscal Year 2013 |
|
|
|
|
