Financials

 

2015 Statement of Financial Position

 

For The Years Ended Dec. 31,
    2015     2014
ASSETS
Cash  $     857,429 $  1,081,030
Prepaid expenses and other current assets 60,256 43,128
Investment liquidation withdrawal receivable -- --
Investments - at fair value 93,139,235 101,162,135
Loan receivable 350,000 250,000
Furniture and equipment (net of accumulated depreciation of $113,545 in 2012 and $155,344 in 2011) 15,008 21,761
Total Assets     $94,426,944  $102,558,054
 
LIABILITIES AND UNRESTRICTED NET ASSETS
Liabilities
     Grants payable  $2,254,301  $2,566,388
     Accounts payable and accrued liabilities 81,773  54,052
Total Liabilities     $2,336,074  $2,620,440
 
Unrestricted Net Assets
     Designated for grants $1,002,739  $1,073,323
     Designated for challenge endowment escrow 3,513,345  2,715,036
     Designated for endowment 87,517,821 95,833,158
     Undesignated (Send Me St. Louis) 56,965 316,097
Total Unrestricted Net Assets  $92,090,870  $99,937,614
 
Total Liabilities And Unrestricted Net Assets  $94,426,944  $102,558,054

 


 

2015 Statement of Activities

 

For The Years Ended Dec. 31,
  2015   2014
CHANGES IN UNRESTRICTED NET ASSETS
Revenue and Support
     Interest and dividents, net  $  1,580,781  $ 1,914,266
     Realized and unrealized gaines on investments, net (4,239,208) 2,688,126
     Other 15,502 9,751
Total Revenue And Support   $ (2,642,925)   $ 4,612,143
 
Expenses
     Grants 4,240,514 3,544,620
     Program Services 429,969 347,657
     Administration 533,339 629,776
Total Expenses $  5,203,819 $ 4,522,053
     
Increase In Unrestricted Net Assets (7,846,744) 90,090
Unrestricted Net Assets - Beginning Of Year $99,937,614  $99,847,524
Unrestricted Net Assets - End Of Year  $92,090,870 $99,937,614

 

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