2006 Financial Report
Financial Statement
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

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)