Financials

 

2017 Statement of Financial Position

 

For The Years Ended Dec. 31,
    2016     2017
ASSETS
Cash $461,015 $188,006
Prepaid expenses and other current assets $37,113 $46,000
Investment liquidation withdrawal receivable -- --
Investments - at fair value $98,845,334 $107,144,380
Loan receivable $280,000 $350,000
Furniture and equipment (net of accumulated depreciation of $113,545 in 2012 and $155,344 in 2011) $25,213 $24,534
Total Assets     $96,650,686  $107,755,205
 
LIABILITIES AND UNRESTRICTED NET ASSETS
Liabilities
     Grants payable  $1,336,608  $1,608,965
     Accounts payable and accrued liabilities $59,727 $68,956
Total Liabilities     $1,396,335  $1,677,921
 
Unrestricted Net Assets
     Designated for grants  $820,148  $381,517
     Designated for challenge endowment escrow $4,600,453 $5,049,588
     Designated for endowment $92,777,542 $100,587,295
     Undesignated (Send Me St. Louis) $56,208 $58,884
Total Unrestricted Net Assets  $99,254,351  $106,077,284
 
Total Liabilities And Unrestricted Net Assets  $99,650,686  $107,755,205

 


 

2017 Statement of Activities

 

For The Years Ended Dec. 31,
  2016   2017
CHANGES IN UNRESTRICTED NET ASSETS
Revenue and Support
     Interest and dividents, net  $1,628,736  $1,569,457
     Realized and unrealized gaines on investments, net $8,779,687 $11,701,085
     Other $21,895 $11,605
Total Revenue And Support   $10,430,318   $13,282,147
 
Expenses
     Grants $3,190,795 $4,392,848
     Program Services $427,103 $461,746
     Administration $577,489 $604,620
Total Expenses $4,266,837 $5,459,214
     
Increase In Unrestricted Net Assets $6,163,481 $7,822,933
Unrestricted Net Assets - Beginning Of Year  $92,090,870  $98,254,351
Unrestricted Net Assets - End Of Year $98,254,351 $106,077,284

 

A full copy of the Foundation's audit can be viewed at the Foundation office.