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FROM GRANTMAKER TO CHANGEMAKER

FOR THE YEAR ENDED December 31, 2019

Assets

Cash and cash equivalents $ 385,755
Investments 154,768,454
Beneficial Interest in perpetual trust 1,274,126
Receivables 9,538
Other assets 212,845
Property and equipment (net) 2,763
Total Assets $ 156,653,481

Liabilities

Accounts payable and accrued expenses $ 251,824
Grant commitments 8,406,702
Total Liabilities 8,658,526

Net Assets

Without Donor restrictions 70,066,326
With Donor restrictions 77,928,629
Total Net Assets 147,994,955
Total libabilities and net assets $ 156,653,481