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Statements of Financial Position
STATEMENTS OF FINANCIAL POSITION
|
Assets |
2015 |
2014 |
|---|---|---|
| Cash and cash equivalents | $2,202,184 | $1,594,579 |
| Receivables | ----------------- | ----------------- |
| Pledges | 8,901,105 | 8,522,683 |
| Interest on notes receivable | 436,129 ----------------- |
132,396 ---------------- |
| 9,337,234 | 8,655,079 | |
| Investments | ||
| Long-term pool | 141,781,472 | 138,095,169 |
| Charitable remainder trusts | 6,127,738 | 6,330,534 |
| Annuity Pool | - | 3,240,040 |
| Short-term pool | 18,162 ----------------- |
11,974 ----------------- |
| 147,927,372 | 147,677,717 | |
| Beneficial interest in trusts held by others | 4,265,258 | 355,927 |
| Notes receivable-Hotel and Conference Center | 14,426,108 | 14,426,108 |
| Property, net of depreciation | 1,305,688 ----------------- |
1,506,448 ----------------- |
| $ 179,463,844 =========== |
$ 174,215,858 =========== |
|
Liabilities and Assets |
2015 |
2014 |
|---|---|---|
| Liabilities | ||
| Accounts payable | $92,084 | 88,435 |
| Funds held for others | 9,039,339 |
9,003,091 |
| Actuarial liabilities | ||
| Annuities | 1,774,536 | 2,063,941 |
| Charitable remainder trusts |
2,457,202 ------------ |
2,609,396 ------------ |
| 13,363,161 ------------ |
13,764,863 ------------ |
|
| Net assets | ||
| Unrestricted | 10,997,258 | 10,229,182 |
| Temporarily restricted |
114,097,081 | 113,388,802 |
| Permanently restricted |
41,006,344 ------------ |
36,833,011 ------------ |
| $166,100,683 ------------ |
160,450,995 ------------ |
|
|
$179,463,844 |
$ 174,215,858 |