Grants Paid in 2016
Statement of Financial Position
| Dec. 31, 2016 | Dec. 31, 2015 | ||
|---|---|---|---|
| Assets | |||
| Cash and Cash Equivalents | $ | 1,653,000 | 1,891,000 |
| Accounts Receivable and Other Assets | 788,000 | 940,000 | |
| Marketable Securities | 40,565,000 | 38,450,000 | |
| Real Estate | 53,575,000 | 40,335,000 | |
| Other | 6,008,000 | 5,653,000 | |
| Total Assets | 102,588,000 | 87,269,000 | |
| Liabilities and Net Assets | |||
| Accrued Liabilities and Other Payables | 0 | 11,000 | |
| Net Assets | 102,588,000 | 87,258,000 | |
| Total Liabilities and Net Assets | $ | 102,588,000 | 87,269,000 |
Statement of Activities
| Dec. 31, 2016 | Dec. 31, 2015 | ||
|---|---|---|---|
| Revenue, Gains (Losses) and Other Income | |||
| Interest | $ | 5,000 | 5,000 |
| Dividends | 1,538,000 | 1,533,000 | |
| Income from Investment in Real Estate | 2,233,000 | 2,449,000 | |
| Realized Gain (Loss) on Sale of Investments | 1,060,000 | 1,687,000 | |
| Unrealized Gain (Loss) on Investments | 14,558,000 | (9,024,000) | |
| Income (Loss) from Other | 993,000 | (1,712,000) | |
| Total Revenue, Gains (Losses) and Other Income | 20,387,000 | (5,062,000) | |
| Expenses | |||
| Administrative and Federal Excise Tax | 990,000 | 1,011,000 | |
| Grants Paid | 4,067,000 | 4,327,000 | |
| Total Expenses and Grants Paid | 5,057,000 | 5,338,000 | |
| Increase (Decrease) in Net Assets | 15,330,000 | (10,400,000) | |
| Net Assets at the Beginning of the Year | 87,258,000 | 97,658,000 | |
| Net Assets at the End of the Year | $ | 102,588,000 | 87,258,000 |
Total Charitable Giving Since 1965: $75 million
