Grants Paid in 2015
Statement of Financial Position
| Dec. 31, 2015 | Dec. 31, 2014 | ||
|---|---|---|---|
| Assets | |||
| Cash and Cash Equivalents | $ | 1,891,000 | 1,847,000 |
| Accounts Receivable and Other Assets | 940,000 | 1,745,000 | |
| Marketable Securities | 38,450,000 | 31,808,000 | |
| Real Estate | 40,335,000 | 38,283,000 | |
| Partnerships | 5,653,000 | 23,990,000 | |
| Total Assets | $ | 87,269,000 | 97,673,000 |
| Liabilities and Net Assets | |||
| Accrued Liabilities and Other Payables | $ | 11,000 | 15,000 |
| Net Assets | 87,258,000 | 97,658,000 | |
| Total Liabilities and Net Assets | $ | 87,269,000 | 97,673,000 |
Statement of Activities
| Dec. 31, 2015 | Dec. 31, 2014 | ||
|---|---|---|---|
| Revenue, Gains (Losses) and Other Income | |||
| Interest | $ | 5,000 | 5,000 |
| Dividends | 1,533,000 | 1,077,000 | |
| Income from Investment in Real Estate | 2,449,000 | 2,443,000 | |
| Realized Gain (Loss) on Sale of Investments | 1,687,000 | 1,058,000 | |
| Unrealized Gain (Loss) on Investments | (9,024,000) | (1,692,000) | |
| Income (Loss) from Investments in Partnerships | (1,912,000) | (1,605,000) | |
| Other Income | 200,000 | 0 | |
| Total Revenue, Gains (Losses) and Other Income | (5,062,000) | 1,286,000 | |
| Expenses | |||
| Administrative and Federal Excise Tax | 1,011,000 | 854,000 | |
| Grants Paid | 4,327,000 | 4,677,000 | |
| Total Expenses and Grants Paid | 5,338,000 | 5,531,000 | |
| Increase (Decrease) in Net Assets | (10,400,000) | (4,245,000) | |
| Net Assets at the Beginning of the Year | 97,658,000 | 101,903,000 | |
| Net Assets at the End of the Year | $ | 87,258,000 | 97,658,000 |
Total Charitable Giving Since 1965: $71 million
