|
Condensed Financial Highlights
|
|
|
|
As of December 31
| |
|
2007
|
|
2006
|
|
Year-end Balances
|
|
|
|
|
|
Net Assets (Investments) |
$ |
1,595,138
|
$ |
1,606,042
|
| |
|
|
|
|
|
For the Year Ended
|
|
2007
|
|
2006
|
| Receipts: |
|
|
|
|
| Investment Income (net) |
$ |
75,366 |
$ |
52,921 |
| Donations |
|
497,561 |
|
1,120,939 |
| Total Receipts |
$ |
572,927
|
$ |
1,172,260
|
| |
|
|
|
|
| Expenses |
|
|
|
|
| Grants |
$ |
586,000 |
$ |
598,000 |
| Administrative |
|
4,768
|
|
3,672
|
| Total Expenses |
$ |
590,768
|
$ |
601,672
|
| |
|
|
|
|
|
Increase/(Decrease) in Net Assets
|
$ |
(17,841)
|
$ |
570,588
|
|