Financial Report
Financial Statement
December 31, 2010

Assets 2010
Managed Assets

$15,914,657
Equity Mutual Funds

946,926
Fixed Income Mutual Funds

321,537
Fixed Income Assets

0
Cash & Cash Equivalents 346,661
 
Total Assets

$17,529,781

Statement of Revenue & Disbursements
January 1 - December 31, 2010

Income:
Interest & Dividends $313,617
Net Gain from Sale of Assets 166,611
Income from Alternative Investments 345,990
 
Total Income $826,218
Disbursements from Income:
Grants Paid $834,305
Business Taxes 10,245
Operating and Administrative Expenses 29,679
Other Deductions from Alternative Investments 105,490
 
Total Disbursements $979,719
Net Income ($153,501)