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Financial Summary
| BALANCE SHEET | 2010 | | 2009 | |
| Total assets at fair value | $24,758,187 | | $24,380,784 | |
| Liabilities including grants payable | $389,748 | | $232,418 | |
| Fund balance | $24,368,439 | | $24,148,366 | |
REVENUE AND EXPENSES |
| Interest and Dividends | $514,289 | | $495,858 | |
| Other Investment Income | ($77,872 | ) | ($55,025 | ) |
| Grants | $1,200,500 | | $1,008,500 | |
| Administrative and Operating Expenses | $616,512 | | $600,890 | |
| Net Gain on Securities | | | | |
| Realized Gains (Losses) | $871,704 | | ($169,779 | ) |
| Unrealized Gains (Losses) | $750,294 | | ($2,003,772 | ) |
| Provision for Federal Excise Tax | | | | |
| Current Expense | $5,000 | | $3,254 | |
| Deferred Benefit | $14,830 | | $20,038 | |
| Unrelated Business-Income Tax | $1,500 | | $1,038 | |
| Excess (Deficiency) Revenues over Expenses | 220,073 | | $641,106 | |
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