Our Financials

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

June 30, 2019

Cash and temporary cash investments$3,594,162
Investments, at market value
Real estate$135,278,284
Managed investments$337,047,526
Total investments$472,325,810
Prepaid expenses and other assets$15,993
Building, office furniture and equipment, net$191,127
Total Assets$476,127,092
Security deposits and other liabilities$9,990
Total Liabilities$9,990
Net Assets$476,117,102
Total Liabilities & Net Assets$476,127,092

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

Year Ended June 30, 2019

Rental Income$3,469,620
Partnership Income$4,675,524
Interest & Dividends$4,249,044
Realized gain (losses) on equity investments$6,640,469
Other income/expenses, net$-1,701,553
Total Revenue$17,333,104
Grants paid$19,390,419
Operating and administrative expenses$1,765,336
Excise & income taxes$1,042,578
Total Expenses$22,198,333
Excess of Revenue over Expenses$-4,865,229
Net assets at June 30, 2018$474,006,902
Direct entries to net assets$6,975,428
Net assets at June 30, 2019$476,117,102