Financial Statement
December 31, 2011
December 31, 2011
| Assets | 2011 | ||
| Managed Assets | $16,257,469 | ||
| Equity and Fixed Income Mutual Funds | 1,154,852 | ||
| Cash & Cash Equivalents | 1,346,978 | ||
| Total Assets | $18,759,299 | ||
Statement of Revenue & Disbursements
January 1 - December 31, 2011
January 1 - December 31, 2011
| Income: | |||
| Interest & Dividends | $588,951 | ||
| Net Gain from Sale of Assets | 45,166 | ||
| Income from Alternative Investments | 667,100 | ||
| Total Income | $1,301,217 | ||
| Disbursements from Income: | |||
| Grants Paid | $1,024,550 | ||
| Business Taxes | 14,235 | ||
| Operating and Administrative Expenses | 12,277 | ||
| Total Disbursements | $1,051,062 | ||
| Net Income | $250,155 | ||