Financial Statement
December 31, 2008
December 31, 2008
| Assets | 2008 | ||
| Managed Assets | $14,060,056 | ||
| Equity Mutual Funds | 679,260 | ||
| Fixed Income Mutual Funds | 222,420 | ||
| Fixed Income Assets | 508,869 | ||
| Cash & Cash Equivalents | 562,945 | ||
| Total Assets | $16,033,550 | ||
Statement of Revenue & Disbursements
January 1, 2008 - December 31, 2008
January 1, 2008 - December 31, 2008
| Income: | |||
| Interest & Dividends | $452,511 | ||
| Net Gain from Sale of Assets | 58,141 | ||
| Income from Alternative Investments | 123,492 | ||
| Total Income | $634,144 | ||
| Disbursements from Income: | |||
| Grants Paid | $1,133,500 | ||
| Business Taxes | 5,156 | ||
| Operating and Administrative Expenses | 7,840 | ||
| Other Deductions from Alternative Investments | 272,175 | ||
| Total Disbursements | $1,418,671 | ||
| Net Income | ($784,527) | ||