Financials

2018 Financials

2018 STATEMENT OF FINANCIAL POSITION

For The Years Ended Dec. 31,
20172018
ASSETS
     Cash$188,006$120,665
     Prepaid expenses and other current assets$46,000$58,750
     Investment liquidation withdrawal receivable ----
     Investments - at fair value$107,144,380$97,922,881
     Loan receivable$350,000$250,000
     Furniture and equipment*$24,534$16,979
Total Assets$107,755,205$98,376,563
LIABILITIES AND UNRESTRICTED NET ASSETS
Liabilities
     Grants payable$1,608,965$1,330,055
     Accounts payable and accrued liabilities$68,956$55,445
Total Liabilities $1,677,921$1,385,500
Unrestricted Net Assets
     Designated for grants$381,517$1,539,838
     Designated for challenge endowment escrow$5,049,588$5,821,523
     Designated for endowment$100,587,295$89,561,032
     Undesignated (Send Me St. Louis)$58,884$68,670
Total Unrestricted Net Assets $106,077,284$96,991,063
Total Liabilities And Unrestricted Net Assets$107,755,205$98,376,563

*net of accumulated depreciation of $113,545 in 2012 and $155,344 in 2011

2018 STATEMENT OF ACTIVITIES

For The Years Ended Dec. 31,
20172018
CHANGES IN UNRESTRICTED NET ASSETS
Revenue and Support
     Interest and dividends, net$1,569,457$1,270,909
     Realized and unrealized gains on investments, net$11,701,085$(6,350,255)
     Other$11,605$12,228
Total Revenue And Support$13,282,147$(5,067,118)
Expenses
     Grants$4,392,848$2,982,193
     Program Services$461,746$757,993
     Administration$604,620$278,917
Total Expenses$5,459,214$4,019,103
Increase In Unrestricted Net Assets$7,822,933$(9,086,221)
Unrestricted Net Assets - Beginning Of Year$98,254,351$106,077,284
Unrestricted Net Assets - End Of Year$106,077,284$96,991,063

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