|
Current Assets |
|
Cash |
1,538,303 |
|
Investments |
18,514,962 |
|
Amounts receivable |
165,446 |
|
Prepaids |
3,161
|
 |
|
|
Total current assets |
20,221,872 |
|
|
|
|
Property & Equipment |
|
Land |
44,585 |
|
Leasehold improvements |
23,100 |
|
Office furniture & equipment |
51,416 |
|
Less accumulated depreciation |
(48,553)
|
|
|
|
|
Total property & equipment |
70,548
|
|
|
|
|
Total assets |
20,292,420 |
|
|
|
|
Liabilities & Fund Balances |
|
|
|
|
CURRENT LIABILITIES |
|
Grants payable |
340,873 |
|
Special project liability |
142,002 |
|
Other liability |
91,774
|
|
|
|
|
Total Current Liabilities |
574,649 |
|
|
|
|
FUND BALANCE |
19,717,771
|
|
|
|
|
Total liabilities & fund balance |
20,292,420 |
|
 |
|
|
|
REVENUE & OTHER SUPPORT
|
|
|
|
|
Contributions |
720,555 |
|
Contributions--Interfund |
102,637 |
|
Investment income |
181,293 |
|
Realized & unrealized gains |
(1,991,726) |
|
Administration fees |
263,065 |
|
Other income |
2,595
|
|
|
|
|
Total revenue & other support |
(721,581) |
|
|
|
|
Expenses |
|
Grants & scholarships |
637,050 |
|
Grants & scholarships--Interfund |
102,637 |
|
Operating |
251,875 |
|
Other expenses |
338,159
|
|
|
|
|
Total expenses |
1,329,721 |
|
|
|
|
Revenue less expenses |
(2,051,302)
|
|
|
|
|
Fund Balance, January 1 |
21,769,073 |
|
|
|
|
Fund Balance, September 30 |
19,717,771 |
|
 |
