Our Financials

Statement of Assets, Liabilities, and Net AssetsĀ  (Income Tax Basis)

June 30, 2018

Cash and temporary cash investments$3,720,246
Investments, at market value
Real estate$126,638,942
Managed investments$343,006,168
Total investments$469,645,110
Prepaid expenses and other assets$30,478
Building, office furniture and equipment, net$628,924
Total Assets$474,024,758
Security deposits and other liabilities`$17,855
Total Liabilities$17,855
Net Assets$474,006,903
Total Liabilities & Net Assets$474,024,758

Statement of Revenue, Expenses and Changes in Net Assets (Income Tax Basis)

Year Ended June 30, 2018

Rental Income$3,356,475
Partnership Income$7,681,560
Interest & Dividends$3,461,362
Realized gain (losses) on equity investments$3,733,233
Other income/expenses, net$-997,722
Total Revenue$17,234,908
Grants paid$16,945,636
Operating and administrative expenses$1,639,388
Excise & income taxes$2,387,792
Total Expenses$20,972,816
Excess of Revenue over Expenses$-3,737,908
Net assets at June 30, 2017$467,584,511
Direct entries to net assets$10,160,300
Net assets at June 30, 2018$474,006,903