Your Community Foundation » Financial Statements

      2009   2008
SUMMARY STATEMENT
OF FINANCIAL POSITION
December 31, 2009
(with comparative
totals for 2008)		 ASSETS        
Cash and investments $ 27,489,812 $ 20,149,495
Pledges receivable   414,007   612,436
Other Assets   289,237   213,393
TOTAL ASSETS $ 28,193,056 $ 20,975,324
LIABILITIES AND NET ASSETS        
Accounts payable and accrued liabilities $ 314,916 $ 323,192
Funds held for agencies   5,412,502   3,723,516
TOTAL LIABILITIES $ 5,727,418 $ 4,046,708
NET ASSETS        
Unrestricted $ 5,465,485 $ 3,972,818
Donor advised   5,074,865   3,663,420
Restricted   11,925,288   9,292,378
TOTAL NET ASSETS $ 22,465,638 $ 16,928,616
TOTAL LIABILITIES AND NET ASSETS $ 28,193,056 $ 20,975,324
SUMMARY STATEMENT OF
ACTIVITIES AND
CHANGES IN
NET ASSETS
Year Ended
December 31, 2009
(with comparative
totals for 2008)
REVENUE AND SUPPORT        
Total contributions $ 3,722,666 $ 3,507,708
  Less contributions from funds held for agencies   2,110,976   1,297,482
Contributions $ 1,611,690 $ 2,210,226
Total investment income (loss)   5,945,436   (7,464,129)
  Less investment income (loss) on funds held
  for agencies		   764,514   (914,958)
Investment income (loss) $ 5,180,922 $ (6,549,171)
Other income   16,826   36,150
TOTAL REVENUE AND SUPPORT $ 6,809,438 $ (4,302,795)
GRANTS AND EXPENSES        
Total grants $ 2,058,685 $ 1,907,774
  Less grants from funds held for agencies   1,143,269   700,666
Grants $ 915,416 $ 1,207,108
Total operating expenses   400,235   448,603
  Less administrative fees on funds held for agencies   43,235   43,563
Operating expenses   357,000   405,040
TOTAL GRANTS AND EXPENSES $ 1,272,416 $ 1,612,148
REVENUE IN EXCESS (DEFICIENCY) OF EXPENSES $ 5,537,022 $ (5,914,943)
OTHER CHANGES IN NET ASSETS        
Transfer of funds from funds held for agencies   -   85,258
NET ASSETS - BEGINNING $ 16,928,616 $ 22,758,301
NET ASSETS - ENDING $ 22,465,638 $ 16,928,616

Auditors: Wipfli LLP

Investment Consultants: Fund Evaluation Group

This is a summarized financial statement presentation. The complete audited financial statements and copies of our 990 are available upon request. A copy of our 990 is also available for review through GuideStar.