Financials

Summary of Income, Receipts, and Disbursements

for the fiscal year ended August 31, 2015

Summary of Income, Receipts, and Disbursements for the Fiscal Year ended August 31, 2015
  August 31, 2015
August 31, 2014
Undistributed Income at Beginning of Year
$ 4,156,160
$ 712,563
 
 
 
Income:
 
 
Dividends
4,517,617
6,562,783
Interest
548
201
Refunds of Prior Year Grants
86,585
203,566
 
 
 
Total Income
4,604,750
6,766,550
 
 
 
Other Receipts:
 
 
Transfer from Principal
27,218,263
26,377,714
 
 
 
Total Income and Other Receipts
31,823,013
33,144,264
 
 
 
Expenditures:
 
 
Administrative Expenses
2,637,486
2,568,014
Trustee Fees/Expenses
2,415,009
2,358,075
Federal Excise Tax
464,528
738,917
Transfers from Income to Principle
 
 
Grant Disbursements:
 
 
Health Care Division
17,719,260
17,626,104
Poor and Needy Division
6,202,644
5,813,020
Strategic Initiative Fund
763,811
587,537
 
 
 
Total Expenditures
30,202,738
29,691,667
 
 
 
Undistributed Income at End of Year
5,785,435
4,165,160
 
 
 
Undisbursed Grant Commitments
23,254,093
16,880,758
 
 
 
 
August 31, 2015
Market Value
August 31, 2014
Market Value
Equities
$ 274,625,094
$ 312,902,837
Fixed Income
138,076,348
149,494,369
Alternatives/Tangible Assets
116,037,714
125,739,929
Cash/Cash Equivalents
​5,721,214
4,085,127
 
 
 
Total Assets
$ 534,460,370 $ 592,222,262

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