Our Financials

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

June 30, 2023

Cash and temporary cash investments$2,845,894
Investments, at market value
Real estate$93,000,001
Managed investments$299,976,281
Total investments$392,976,282
Prepaid expenses and other assets$15,993
Building, office furniture and equipment, net$158,206
Total Assets$395,996,375
Security deposits and other liabilities$11,235
Total Liabilities$11,235
Net Assets$395,985,140
Total Liabilities & Net Assets$395,996,375

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

Year Ended June 30, 2023

Rental Income$3,859,923
Partnership Income$4,158,149
Interest & Dividends$3,752,074
Realized gain (losses) on equity investments$5,650,414
Other income/expenses, net$-1,706,358
Total Revenue$15,714,202
Grants paid$19,088,139
Operating and administrative expenses$3,882,943
Excise & income taxes$1,768,319
Total Expenses$24,739,401
Excess of Revenue over Expenses$-9,025,199
Net assets at June 30, 2022$377,417,088
Direct entries to net assets$27,593,251
Net assets at June 30, 2023$395,985,140