FINANCIALS
Statement of Disbursements, Support and Changes in the Endowment.
For The Year Ended December 31, 2005
For The Year Ended December 31, 2006
(figures are in US dollars)
| 2005 | 2006 | |
| DISBURSEMENTS | ||
| Grants (net of reclaims) | 998,105 | 954,485 |
| Program Related Expenses | 241,114 | 342,568 |
| General Administrative Expenses | 80,371 | 85,642 |
| Investment Expenses | 71,854 | 101,538 |
| Federal Excise Tax | 18,988 | 25,943 |
| Total Disbursements | 1,410,432 | 1,510,176 |
| SOURCES OF SUPPORT | ||
| Dividend and Interest Income | 509,831 | 499,794 |
| Net Partnership Income (Loss) |
(56,283)
|
(24,388) |
| Gifts Received |
---
|
---
|
| Net Realized Capital Gain or (Loss) |
1,517,134
|
2,220,470
|
| Total Support |
1,970,682
|
2,695,876
|
| Endowment Market Value Beginning of Year |
25,826,898
|
26,273,296
|
| Unrealized Gain or (Loss) |
446,398
|
1,568,506
|
| Endowment Market Value End of Year |
26,273,296
|
27,841,802
|