financial information
Financial Summary for the Fiscal Year Ended December 31, 2007| Assets: (At Cost) | |
| Cash | $ 5,868 |
| Temporary cash investments | 190,320 |
| Equity investments | 13,615,274 |
| Fixed income investments | 6,979,147 |
| Alternative investments | 737,124 |
| Total Assets | 21,527,733 |
| Revenue Collected: | |
| Interest and dividends | 436,611 |
| Net realized gain on investments | 2,681,468 |
| Contributions | 4,000 |
| Total Revenue Collected | 3,122,079 |
| Expenses Paid: | |
| Program management: | |
| Investment expenses | 37,333 |
| Professional fees | 21,973 |
| Grant administration | 7,706 |
| Federal excise taxes | 83,031 |
| Miscellaneous | 2,832 |
| Total Program Management | 152,875 |
| Program Grants: | |
| Cultural | 410,000 |
| Educational | 237,000 |
| Environmental | 70,000 |
| Medical and health | 185,000 |
| Social, human services & other | 205,450 |
| Total 2007 Program Grants | 1,107,450 |
| Total Expenses | 1,260,325 |
| Program Grants: 1990-2007 | |
| Cultural (22.2%) | 2,553,951 |
| Educational (24.6%) | 2,833,643 |
| Environmental (9.3%) | 1,079,280 |
| Medical and health (26.6%) | 3,057,063 |
| Social, human services & other (17.3%) | 1,986,737 |
| Total 1990-2007 Program Grants | 11,510,674 |
