Our Financials

Statement of Assets, Liabilities, and Net AssetsĀ  (Income Tax Basis)

June 30, 2021

Cash and temporary cash investments$3,538,824
Investments, at market value
Real estate$93,000,001
Managed investments$354,341,545
Total investments$447,341,546
Prepaid expenses and other assets$15,993
Building, office furniture and equipment, net$161,627
Total Assets$451,057,990
Security deposits and other liabilities$3,089
Total Liabilities$3,089
Net Assets$451,054,901
Total Liabilities & Net Assets$451,057,990

Statement of Revenue, Expenses and Changes in Net Assets (Income Tax Basis)

Year Ended June 30, 2021

Rental Income$3,469,620
Partnership Income$291,498
Interest & Dividends$3,461,645
Realized gain (losses) on equity investments$8,698,368
Other income/expenses, net$-1,771,527
Total Revenue$13,566,608
Grants paid$19,695,301
Operating and administrative expenses$2,232,883
Excise & income taxes$582,398
Total Expenses$22,510,582
Excess of Revenue over Expenses$-8,943,974
Net assets at June 30, 2021$415,145,664
Direct entries to net assets$44,853,211
Net assets at June 30, 2021$451,054,901