Finances

Statement of Financial Position – June 30, 2017

Assets
Cash and Investments $7,042,696
Other Assets    —
Total Assets $7,042,696
Liabilities
Grants Payable $65,378
Other Liabilities      2,100
Total  Liabilities $67,478
Unrestricted Net Assets $6,975,218
Total Liabilities and Net Assets $7,042,696

Statement of Activities— Year Ended June 30, 2017

Revenue
Net Investment Income $711,334
Donations          400
Expenses
Grants Approved 307,245
Operating and Administrative Expenses 153,979
Total Expenses $461,224
Increase in Net Assets $250,510

The data above has been extracted from the unqualified report of
independent auditors dated August 22, 2017.