Financial Summary

Below is our most recent financial information.

BALANCE SHEET 20172016
Total assets at fair value$26,828,311$24,590,491
Liabilities including grants payable$99,572$93,400
Fund balance$26,927,883$24,683,891
REVENUE AND EXPENSES
Interest and Dividends$494,146$438,261
Other Investment Income$38,455$145,932
Grants$506,079$566,500
Operating Expenses$311,617$333,274
Investment and Custody Fees$169,328$159,175
Net Gain on Securities
Realized Gains$936,730$421,671
Unrealized Gains$1,875,539$333,783
Provision for Federal Excise Tax
Current Expense$38,085 $11,560
Deferred Benefit$11,180$38,200
Unrelated Business-Income Tax$431($38,000)
Change of Revenue Over Expenses ($175,219)$362,281