| Financial Information
| Balance Sheet as of December 31 |
2024 |
2025 |
|
|
|
| Assets |
|
|
|
|
|
| Cash |
632,261 |
490,245 |
| Securities (Book Value) |
12,422,904 |
13,167,711 |
| Other Assets |
3,633,641 |
3,492,466 |
| Total Net Assets |
16,688,806 |
17,150,422 |
|
|
|
| Statement of Revenue and Expenses |
2024 |
2025 |
|
|
|
| Revenue |
|
|
|
|
|
| Contributions Received |
0 |
0 |
| Interest and Dividends |
602,097 |
654,592 |
| Gain (Loss) on Sale of Investments |
224,231 |
920,056 |
| Book/Tax Differences on Investments - Increases |
-195,982 |
7,263 |
| Other Income |
0 |
|
| Total Revenue |
630,346 |
1,581,911 |
|
|
|
| Expenses |
|
|
|
|
|
| Grants and Contributions Paid |
810,000 |
885,000 |
| Federal Excise Tax |
0 |
10,110 |
| Interest Expense from Pass-Through Investement |
0 |
0 |
| Book/Tax Differences on Investments - Decreases |
0 |
0 |
| Investment Expenses |
194,129 |
218,838 |
| Other Expenses |
6,373 |
6,345 |
| Total Expenses |
1,010,502 |
1,120,293 |
|
|
|
| Excess of Revenue over Expenses |
-380,156 |
461,618 |
|
|
|
| Net Assets at Book Value, Beginning of Year |
17,068,960 |
16,688,804 |
| Net Assets at Book Value, End of Year |
16,688,804 |
17,150,422 |
|
|