{"id":16,"date":"2016-07-13T13:10:18","date_gmt":"2016-07-13T13:10:18","guid":{"rendered":"https:\/\/herzsteinfoundation.org\/annual2020\/?page_id=16"},"modified":"2025-09-06T15:14:06","modified_gmt":"2025-09-06T15:14:06","slug":"financials","status":"publish","type":"page","link":"https:\/\/herzsteinfoundation.org\/annual2024\/financials\/","title":{"rendered":"Financials"},"content":{"rendered":"<p><section class=\"fw-main-row  section-main-row-hero\" onclick=\"void(0);\" style=\"margin: 0px 0px 0px 0px; padding: 0px 0px 0px 0px;\">\n\t\t\t<div >\n\t\t\t<div class=\"fw-container-fluid\">\n\t\t\t<div class=\"section-content \">\n\t\t\t\t<div class=\"row\">\n\t<div class=\"col-xs-12\">\n\t<div class=\"fw-heading fw-heading-center\">\n\t<div class=\"container\">\n\t\t<h2 class=\"fw-special-title\">Grant Distribution<\/h2>\n\t<\/div>\n<\/div><\/div>\n<\/div>\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n<section class=\"fw-main-row  section-main-row-hero\" onclick=\"void(0);\" style=\"margin: 0px 0px 0px 0px; padding: 0px 0px 0px 0px;\">\n\t\t\t<div >\n\t\t\t<div class=\"fw-container-fluid\">\n\t\t\t<div class=\"section-content \">\n\t\t\t\t<div class=\"row\">\n\t<div class=\"col-xs-12 col-sm-2\">\n\t<\/div>\n<div class=\"col-xs-12 col-sm-4\">\n\t\n<div class=\"media-image-hero \">\n\t<div class=\"fw-container-fluid\">\n\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/herzsteinfoundation.org\/annual2024\/wp-content\/uploads\/2025\/08\/2024_Grant_Distribution-600x600.png\" alt=\"https:\/\/herzsteinfoundation.org\/annual2024\/wp-content\/uploads\/2025\/08\/2024_Grant_Distribution-600x600.png\" width=\"600\" height=\"600\" \/>\t<\/div>\n<\/div>\n<\/div>\n<div class=\"col-xs-12 col-sm-4\">\n\t\n<div class=\"media-image-hero \">\n\t<div class=\"fw-container-fluid\">\n\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/herzsteinfoundation.org\/annual2024\/wp-content\/uploads\/2025\/08\/2024_Grant_Legend-600x600.png\" alt=\"https:\/\/herzsteinfoundation.org\/annual2024\/wp-content\/uploads\/2025\/08\/2024_Grant_Legend-600x600.png\" width=\"600\" height=\"600\" \/>\t<\/div>\n<\/div>\n<\/div>\n<div class=\"col-xs-12 col-sm-2\">\n\t<\/div>\n<\/div>\n\n<div class=\"row\">\n\t<div class=\"col-xs-12 col-sm-2\">\n\t<\/div>\n<div class=\"col-xs-12 col-sm-2\">\n\t<\/div>\n<\/div>\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n<section class=\"fw-main-row  section-main-row-hero\" onclick=\"void(0);\" style=\"margin: 0px 0px 0px 0px; padding: 0px 0px 0px 0px;\">\n\t\t\t<div >\n\t\t\t<div class=\"fw-container-fluid\">\n\t\t\t<div class=\"section-content \">\n\t\t\t\t<div class=\"row\">\n\t<div class=\"col-xs-12\">\n\t<div class=\"fw-heading fw-heading-center\">\n\t<div class=\"container\">\n\t\t<h2 class=\"fw-special-title\">Statement of Financial Position<\/h2>\n\t<\/div>\n<\/div><\/div>\n<\/div>\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n<section class=\"fw-main-row  section-main-row-hero\" onclick=\"void(0);\" style=\"margin: 0px 0px 0px 0px; padding: 0px 0px 0px 0px;\">\n\t\t\t<div >\n\t\t\t<div class=\"fw-container container\">\n\t\t\t<div class=\"section-content \">\n\t\t\t\t<div class=\"row\">\n\t<div class=\"col-xs-12\">\n\t<div class=\"row row-sm-hero\">\n\t<div class=\"fw-table\">\n\t\t<table>\n\t\t\t\t\t\t\t\t\t\t\t\t<thead>\n\t\t\t\t\t\t<tr class=\"heading-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<th class=\"default-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<th class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<th class=\"total-past-col\">\n\t\t\t\t\t\t\t\t\tDec. 31, 2024\t\t\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<th class=\"total-past-col\">\n\t\t\t\t\t\t\t\t\tDec. 31, 2023\t\t\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t<\/thead>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"highlight-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tAssets\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"default-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tCash and Cash Equivalents\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t$\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t3,000,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t1,583,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"default-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tAccounts Receivable and Other Assets\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t6,326,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t1,282,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"default-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tMarketable Securities\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t44,183,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t36,325,000\r\n\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"default-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tReal Estate\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t65,625,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t71,625,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"default-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tOther\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t13,120,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t15,714,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"total-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tTotal Assets\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t132,254,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t126,529,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"highlight-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tLiabilities and Net Assets\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"default-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tAccrued Liabilities and Other Payables\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t32,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t8,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"default-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tNet Assets\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t132,222,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t126,521,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"total-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tTotal Liabilities and Net Assets\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t$\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t132,254,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t126,529,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t<\/table>\n\t<\/div>\n<\/div><\/div>\n<\/div>\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n<section class=\"fw-main-row  section-main-row-hero\" onclick=\"void(0);\" style=\"margin: 0px 0px 0px 0px; padding: 0px 0px 0px 0px;\">\n\t\t\t<div >\n\t\t\t<div class=\"fw-container-fluid\">\n\t\t\t<div class=\"section-content \">\n\t\t\t\t<div class=\"row\">\n\t<div class=\"col-xs-12\">\n\t<div class=\"fw-heading fw-heading-center\">\n\t<div class=\"container\">\n\t\t<h2 class=\"fw-special-title\">Statement of Activities<\/h2>\n\t<\/div>\n<\/div><\/div>\n<\/div>\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n<section class=\"fw-main-row  section-main-row-hero\" onclick=\"void(0);\" style=\"margin: 0px 0px 0px 0px; padding: 0px 0px 0px 0px;\">\n\t\t\t<div >\n\t\t\t<div class=\"fw-container container\">\n\t\t\t<div class=\"section-content \">\n\t\t\t\t<div class=\"row\">\n\t<div class=\"col-xs-12\">\n\t<div class=\"row row-sm-hero\">\n\t<div class=\"fw-table\">\n\t\t<table>\n\t\t\t\t\t\t\t\t\t\t\t\t<thead>\n\t\t\t\t\t\t<tr class=\"heading-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<th class=\"default-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<th class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<th class=\"total-past-col\">\n\t\t\t\t\t\t\t\t\tDec. 31, 2024\r\n\t\t\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<th class=\"total-past-col\">\n\t\t\t\t\t\t\t\t\tDec. 31, 2023\r\n\t\t\t\t\t\t\t\t<\/th>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t<\/thead>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"highlight-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tRevenue, Gains (Losses) and Other Income\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"default-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tInterest\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t$\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t8,000\r\n\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t4,000\r\n\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"default-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tDividends\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t1,945,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t2,273,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"default-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tRealized Gain (Loss) on Sale of Investments\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t9,736,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t2,927,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"default-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tIncome from Investment in Real Estate\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t7,409,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t3,502,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"default-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tUnrealized Gain (Loss) on Investments\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t(7,263,000)\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t(2,700,000)\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"default-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tIncome (Loss) from Other\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t821,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t1,083,000\r\n\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"total-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tTotal Revenue, Gains (Losses) and Other Income\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t12,656,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t7,089,000\r\n\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"highlight-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tExpenses and Grants Paid\r\n\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"default-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tAdministrative and Federal Excise Tax\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t1,075,000\r\n\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t1,075,000\r\n\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"default-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tGrants Paid\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t5,876,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t5,089,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"highlight-bordered-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tTotal Expenses and Grants Paid\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t6,955,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t6,164,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"highlight-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tIncrease (Decrease) in Net Assets\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t5,701,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t925,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"highlight-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tNet Assets at the Beginning of the Year\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t126,521,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t125,596,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<tr class=\"total-row\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"default-col\">\n\t\t\t\t\t\t\t\tNet Assets at the End of the Year\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"currency-col\">\n\t\t\t\t\t\t\t\t$\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t132,222,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<td class=\"total-past-col\">\n\t\t\t\t\t\t\t\t126,521,000\t\t\t\t\t\t\t<\/td>\n\t\t\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t<\/table>\n\t<\/div>\n<\/div><\/div>\n<\/div>\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grant Distribution Statement of Financial Position Dec. 31, 2024 Dec. 31, 2023 Assets Cash and Cash Equivalents $ 3,000,000 1,583,000 Accounts Receivable and Other Assets 6,326,000 1,282,000 Marketable Securities 44,183,000 36,325,000 Real Estate 65,625,000 71,625,000 Other 13,120,000 15,714,000 Total Assets 132,254,000 126,529,000 Liabilities and Net Assets Accrued Liabilities and Other Payables 32,000 8,000 Net Assets 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