2019 Financials
Assets | |
---|---|
Cash and cash equivalents | $ 6,837 |
Investments | $ 34,129,989 |
Total Assets | $ 34,136,826 |
Statement of Income and Expenses for the year ended December 31, 2019
Income | |
---|---|
Investment Income: | |
Interest | $ 133,810 |
Dividends | $ 1,036,788 |
Gain on sale of investments | 4,661,329 |
Other | -0- |
Total Investment Income | 5,741,444 |
Expenses | |
---|---|
Grants paid | $1,609,062 |
Administrative expenses | 171,343 |
Investment management services | 90,483 |
Taxes | 60,870 |
Legal and accounting | 11,200 |
Miscellaneous | 13,078 |
Total Grants and Expenses | $1,865,553 |
Change in Net Assets | 3,875,891 |