Mayday Pain Fund Logo

FINANCIALS

Statement of Disbursements, Support and Changes in the Endowment for the year ended December 31, 2008 and the year ended December 31, 2009. (Figures are in US dollars.)

  2008 2009
DISBURSEMENTS
Grants (net of reclaims) $1,141,502 $827,226
Program Related Expenses $320,792 $416,065
General Administrative Expenses $91,000 $91,000
Investment Expenses $96,709 $61,611
Federal Excise Tax $6,176 $1,814
Total Disbursements $1,656,179 $1,397,716
SOURCES OF SUPPORT
Dividend and Interest Income $710,781 $210,524
Net Partnership Income (Loss) $3,532 $32,472
Gifts Received $500,000 $0
Net Realized Capital Gain or (Loss) $0 $0
Total Support $1,214,313 $242,996
 
Endowment Market Value
Beginning of Year
$28,318,828 $18,787,132
Unrealized Gain or (Loss) ($9,531,696) $4,641,207
Endowment Market Value
End of Year
$18,787,132 $23,428,339

 

This page updated June 2010.