Financials

 

2016 Statement of Financial Position

 

For The Years Ended Dec. 31,
    2015     2016
ASSETS
Cash   $143,574 $461,015
Prepaid expenses and other current assets $60,256 $37,113
Investment liquidation withdrawal receivable -- --
Investments - at fair value $93,853,090 $98,845,334
Loan receivable $350,000 $280,000
Furniture and equipment (net of accumulated depreciation of $113,545 in 2012 and $155,344 in 2011) $15,008 $25,213
Total Assets     $94,426,944  $96,650,686
 
LIABILITIES AND UNRESTRICTED NET ASSETS
Liabilities
     Grants payable  $2,254,301  $1,336,608
     Accounts payable and accrued liabilities $81,773 $59,727
Total Liabilities     $2,336,074  $1,396,335
 
Unrestricted Net Assets
     Designated for grants $1,002,739  $820,148
     Designated for challenge endowment escrow $3,513,345 $4,600,453
     Designated for endowment $87,517,821 $92,777,542
     Undesignated (Send Me St. Louis) $56,965 $56,208
Total Unrestricted Net Assets  $92,090,870  $99,254,351
 
Total Liabilities And Unrestricted Net Assets  $94,426,944  $99,650,686

 


 

2016 Statement of Activities

 

For The Years Ended Dec. 31,
  2015   2016
CHANGES IN UNRESTRICTED NET ASSETS
Revenue and Support
     Interest and dividents, net  $1,580,781  $1,628,736
     Realized and unrealized gaines on investments, net ($4,239,208) $8,779,687
     Other $15,502 $21,895
Total Revenue And Support   ($2,642,925)   $10,430,318
 
Expenses
     Grants $4,240,514 $3,190,795
     Program Services $429,969 $427,103
     Administration $533,339 $577,489
Total Expenses $ 5,203,819 $4,266,837
     
Increase In Unrestricted Net Assets ($7,846,744) $6,163,481
Unrestricted Net Assets - Beginning Of Year $99,937,614  $92,090,870
Unrestricted Net Assets - End Of Year  $92,090,870 $98,254,351

 

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