Finances

Statement of Financial Position – June 30, 2016

Assets
Cash and Investments $6,777,170
Other Assets             6,938
Total Assets $6,784,108
Liabilities
Grants Payable $59,400
Other Liabilities       —
Total  Liabilities $59,400
Unrestricted Net Assets $6,724,708
Total Liabilities and Net Assets $6,784,108

Statement of Activity— Year Ended June 30, 2016

Revenue
Net Investment Income (loss) $(192,708)
Donations 000
Expenses
Grants Approved 339,885
Operating and Administrative Expenses 142,408
Total Expenses $482,293
Decrease in Net Assets ($675,001)

The data above has been extracted from the unqualified report of
independent auditors dated August 23, 2016.