|
Statement of Activities
Statement of Position
Notes to Financial Statements
Certification of
President and Director of Finance
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Statement of Activities for the Year Ended
December 31, 2006
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NET ASSETS
JANUARY 1, 2006 |
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$146,913,742 |
| |
|
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| REVENUES AND GAINS |
|
|
| Interest and Dividends |
$
3,050,086 |
|
| Contributions |
702,856 |
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| Other Income |
974,787 |
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| Net Realized and Unrealized Gains on Long
Term Investments |
18,913,829 |
|
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Total Unrestricted Revenues & Gains |
$23,641,558 |
|
| |
|
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| EXPENSES AND LOSSES |
|
|
| Program and Management
Expenses |
$
704,269
|
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| Investment Fees and Services |
472,049 |
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| Accounting, Audit,
Custodial, & Legal Services |
34,723 |
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| Occupancy Expenses |
55,143 |
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| Hudsonian Assistance and
Counseling Program |
14,738 |
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| Federal Excise Taxes |
200,360 |
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| Charitable Grants |
3,659,413 |
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| Decrease in Future Grant
Commitments |
(454,935) |
|
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Total Expenses
and Losses |
$ 4,685,760 |
|
|
Increase in Net Assets |
|
18,955,798 |
| |
|
|
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NET ASSETS
- DECEMBER 31, 2006 |
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$165,869,540 |
|
|