Financial Statement
Summary of Income, Receipts, and Disbursements for the fiscal year ended August 31, 2007
|
|
8/31/07 |
8/31/06 | ||
|
Undistributed Income at Beginning of Year |
9,460,002 |
|
7,497,889 |
|
|
|
|
|
|
|
|
Income:
|
|
|
|
|
|
Dividends |
3,779,716 |
|
5,631,393 |
|
|
Interest |
2,229,943 |
|
4,519,557 |
|
|
Refunds
of Prior Years' Grants |
408,312 |
|
271,566 |
|
|
|
|
|
|
|
|
Total
Income |
6,417,971 |
|
10,422,516 |
|
|
|
|
|
|
|
|
Other
Receipts: |
|
|
|
|
|
Transfer from Principal |
19,500,000 |
|
17,000,000 |
|
|
|
|
|
|
|
|
Total Income and Other
Receipts |
25,917,971 |
|
27,422,516 |
|
|
|
|
|
|
|
|
Expenditures: |
|
|
|
|
|
Administrative Expenses |
2,437,145 |
|
2,145,467 |
|
|
Direct Charitable Activities |
117,694 |
|
35,829 |
|
|
Trustee
Fees/Expenses |
3,616,556 |
|
3,455,243 |
|
|
Federal
Excise Tax |
419,952 |
|
496,549 |
|
|
Grant
Disbursements: |
|
|
|
|
|
Health Care Division |
15,177,709 |
|
14,436,701 |
|
|
Poor and Needy Division |
6,697,789 |
|
4,890,614 |
|
|
|
|
|
|
|
|
Total
Expenditures |
28,466,845 |
|
25,460,403 |
|
|
|
|
|
|
|
|
Undistributed Income at End of Year |
6,911,128 |
|
9,460,002 |
|
|
|
|
|
|
|
Schedule of Investments
|
|
8/31/07 |
8/31/06 | ||
|
Equities |
364,558,488 |
|
335,580,747 |
|
|
Fixed Income |
147,575,754 |
|
115,980,868 |
|
|
Alternatives/Tangible Assets |
106,677,029 |
|
103,894,967 |
|
|
Cash/Cash Equivalents |
4,346,458 |
|
14,083,493 |
|
|
|
|
|
|
|
|
Total |
623,157,729 |
|
569,540,075 |
|
NOTE: Certain prior year amounts were restated to be in conformity with current year presentation.
