| BALANCE SHEET |
2009 |
2008 |
|
|
|
| ASSETS |
|
|
| CASH & CURRENT ASSETS |
869185 |
3343434 |
| INVESTMENTS (MM, STOCKS, BONDS) |
23287203 |
17948496 |
| PROPERTY, EQUIPMENT, OTHER |
26765 |
40112 |
| TOTAL |
24183153 |
21332042 |
|
|
|
| LIABILITIES & NET ASSETS |
|
|
| ACCOUNTS PAYABLE |
37018 |
26513 |
| GRANTS PAYABLE & COMMITMENTS |
1115000 |
1010000 |
| NET ASSETS |
23031135 |
20295529 |
| TOTAL LIABILITIES & NET ASSETS |
24183153 |
21332042 |
|
|
|
|
|
|
| STATEMENT OF ACTIVITIES |
|
|
2009 |
2008 |
| REVENUE AND SUPPORT |
|
|
| CONTRIBUTIONS |
749006 |
886962 |
| DIVIDENDS |
461698 |
521259 |
| INTEREST |
57416 |
149612 |
| GAINS/(LOSSES) |
(360397) |
158012 |
| UNREALIZED LOSSES |
4231854 |
(7583439) |
| TOTAL RECEIPTS |
5139577 |
(5867594) |
|
|
|
| DISBURSEMENTS |
|
|
| GRANTS |
1568960 |
1768000 |
| FOUNDATION ADMINISTRATION |
541195 |
545229 |
| INVESTMENT MANAGEMENT FEES |
130723 |
166669 |
| OFFICE EXPENSE |
87362 |
105682 |
| TAXES |
44191 |
44571 |
| ACCOUNTING FEES |
31540 |
38008 |
| TOTAL GRANTS, TAXES & OPERATING EXPENSES |
2403971 |
2668159 |