|
|
|
| Balance Sheet as of December 31 |
|
2005 |
|
2006 |
|
|
|
|
|
| Assets |
|
|
|
|
|
|
|
|
|
| Cash |
|
696,817 |
|
452,677 |
| Securities (Book Value) |
|
3,828,513 |
|
4,681,844 |
| Other Assets |
|
3,183,851 |
|
3,214,285 |
| Total Net Assets |
|
7,709,181 |
|
8,348,806 |
|
|
|
|
|
| Statement of Revenue and Expenses |
|
2005 |
|
2006 |
|
|
|
|
|
| Revenue |
|
|
|
|
|
|
|
|
|
| Contributions Received |
|
0 |
|
0 |
| Interest and Dividends |
|
405,550 |
|
473,387 |
| Gain (Loss) on Sale of Investments |
|
689,252 |
|
1,020,376 |
| Book/Tax Differences from Pass-thru Investment |
|
47,552 |
|
-272,588 |
| Other Income |
|
19 |
|
0 |
| Total Revenue |
|
1,142,373 |
|
1,221,175 |
|
|
|
|
|
| Expenses |
|
|
|
|
|
|
|
|
|
| Grants and Contributions Paid |
|
312,150 |
|
373,250 |
| Professional Fees |
|
173,179 |
|
148,129 |
| Federal Excise Tax |
|
35,935 |
|
51,810 |
| Book/Tax Differences from Pass-thru Investment |
|
114,359 |
|
0 |
| Other Expenses |
|
150 |
|
8,360 |
| Total Expenses |
|
635,773 |
|
581,549 |
|
|
|
|
|
| Excess of Revenue over Expenses |
|
506,600 |
|
639,626 |
|
|
|
|
|
| Net Assets at Book Value, Beginning of Year |
|
7,202,581 |
|
7,709,181 |
| Net Assets at Book Value, End of Year |
|
7,709,181 |
|
8,348,807 |
|
|
|
|
