Financial Statement
December 31, 2012
ASSETS |
Market |
Cost |
| Equities | $32,171,684 | $31,797,389 |
|
Convertible Securities
|
$ 1,515,080
|
$ 1,794,026
|
| Fixed Income | $ 6,974,779 | $ 6,398,296 |
| Other Assets | $10,091,244 | $ 8,642,353 |
| Cash Eqivalents (Includes Checking) | $ 516,066 | $ 516,066 |
| Total Assets |
$51,268,853 | $49,148,130 |
Statement of Income and Disbursements
January 1, 2012 to December 31, 2012
| INCOME | |
|---|---|
| Dividends and Interest | $1,090,242 |
| Contributions | 0 |
| Gain/Loss from Sale of Assets | $2,931,600 |
| Other Income/Loss | $ 88,909 |
| Total Income |
$4,110,751 |
| DISBURSEMENTS FROM INCOME | |
| Grants Paid | $2,333,577 |
| Investment and Administrative Expenses |
$602,630 |
| Excise Tax | $36,000 |
| Total Disbursements | $2,972,207 |
