Financial Information
| Balance
Sheet as of December 31 |
2009 |
2010 |
|
|
|
| Assets |
|
|
|
|
|
| Cash |
498,789 |
191,202 |
| Securities
(Book Value) |
3,048,204 |
1,444,887 |
| Other
Assets |
4,819,059 |
6,974,368 |
| Total
Net Assets |
8,366,052 |
8,610,457 |
|
|
|
| Statement of Revenue and Expenses |
2009 |
2010 |
|
|
|
| Revenue |
|
|
|
|
|
| Contributions
Received |
0 |
0 |
| Interest
and Dividends |
186,437 |
192,333 |
| Gain
(Loss) on Sale of Investments |
-1,153,820 |
-53,579 |
| Book/Tax
Differences from Pass-thru Investment |
999,752 |
563,101 |
| Other
Income |
-33,676 |
27,607 |
| Total
Revenue |
-1,307 |
729,462 |
|
|
|
| Expenses |
|
|
|
|
|
| Grants
and Contributions Paid |
400,500 |
365,000 |
| Federal
Excise Tax |
11,118 |
0 |
| Book/Tax
Differences from Pass-thru Investment |
0 |
0 |
| Investment
Expenses |
110,383 |
114,361 |
| Other
Expenses |
9,590 |
5,696 |
| Total
Expenses |
531,591 |
485,057 |
|
|
|
| Excess
of Revenue over Expenses |
-532,898 |
244,405 |
|
|
|
| Net
Assets at Book Value, Beginning of Year |
8,898,950 |
8,366,052 |
| Net
Assets at Book Value, End of Year |
8,366,052 |
8,610,457 |
|
|