Assets
| Source | | Amount |
|---|
| CURRENT ASSETS | | |
| Cash and cash equivalents |
$ | 167,519 |
| Investments |
$ | 1,655,034 |
| Total Current Assets |
$ | 1,822,553 |
| | | |
| NON-CURRENT ASSETS | | |
| Cash surrender value of life insurance |
$ | 291,952 |
| Beneficial interest in perpetual trust |
$ | 195,378 |
| Investments - permanently restricted endowment |
$ | 986,018 |
| Total Non-current Assets |
$ | 1,473,348 |
| TOTAL ASSETS | $3,295,901 |
| | | |
| Liabilities and Net Assets |
| Source | | Amount |
|---|
| CURRENT LIABILITIES | | |
| Accounts payable & accrued expenses |
$ | 2,400 |
| Total liabilities |
$ | 2,400 |
| | | |
| NET ASSETS | | |
| Without donor restriction |
$ | 647,168 |
| With donor restriction |
$ | 2,646,333 |
| Total Net Assets |
$ | 3,293,501 |
| TOTAL LIABILITIES AND NET ASSETS | | $3,295,901 |
| | | |