Financial Information

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
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