Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $14,894,609

• 1g · Noncash contributions included above

  $4,211,602

• 2a · Program service revenue: FUND MAINTENANCE FEES

  total $2,304,626 · related or exempt $2,304,626

• 3 · Investment income

  total $4,300,938 · unrelated business $1,069,849 · excluded $3,231,089

• 7a · Gross sales of assets other than inventory

  securities $357,249,745

• 7b · Less cost or other basis and sales expenses

  securities $345,303,241

• 7c · Gain or loss

  securities $11,946,504

• 7d · Net gain or loss

  total $11,946,504 · excluded $11,946,504

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $11,702,487 · program services $11,702,487

• 5 · Compensation of officers, directors and key employees

  total $801,517 · program services $288,546 · management and general $72,137 · fundraising $440,834

• 7 · Other salaries and wages

  total $973,895 · program services $769,377 · management and general $194,779 · fundraising $9,739

• 9 · Other employee benefits

  total $137,320 · program services $49,435 · management and general $12,359 · fundraising $75,526

• 10 · Payroll taxes

  total $121,494 · program services $43,738 · management and general $10,934 · fundraising $66,822

• 11b · Fees: legal

  total $69,823 · management and general $69,823

• 11c · Fees: accounting

  total $98,993 · management and general $98,993

• 11f · Fees: investment management

  total $160,916 · management and general $160,916

• 11g · Fees: other

  total $394,855 · program services $173,736 · management and general $221,119

• 16 · Occupancy

  total $55,222 · program services $24,298 · management and general $30,924

• 22 · Depreciation, depletion and amortization

  total $4,010 · program services $1,764 · management and general $2,246

• 23 · Insurance

  total $118,129 · program services $51,977 · management and general $66,152

• 24a · Other expenses: EQUIPMENT

  total $60,807 · program services $26,755 · management and general $34,052

• 24b · Other expenses: BANK CHARGES / CC FEES

  total $23,894 · program services $10,513 · management and general $13,381

• 24c · Other expenses: BUSINESS DEVELOPMENT

  total $18,838 · fundraising $18,838

• 24e · All other expenses

  total $176,056 · program services $87,567 · management and general $88,489

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $108,638 · end of year $429,108

• 2 · Savings and temporary cash investments

  beginning of year $8,449,702 · end of year $22,511,142

• 9 · Prepaid expenses and deferred charges

  beginning of year $102,273 · end of year $128,656

• 10a · Land, buildings and equipment: cost or other basis

  $18,300

• 10b · Land, buildings and equipment: accumulated depreciation

  $11,483

• 10c · Land, buildings and equipment, net

  beginning of year $10,827 · end of year $6,817

• 11 · Investments: publicly traded securities

  beginning of year $235,293,738 · end of year $320,799,267

• 12 · Investments: other securities

  beginning of year $69,511,666 · end of year $5,029,025

• 17 · Accounts payable and accrued expenses

  beginning of year $453,231 · end of year $330,514

• 21 · Escrow or custodial account liability

  beginning of year $225,076,950 · end of year $249,744,946

• 25 · Other liabilities

  beginning of year $10,647 · end of year $7,800

• 27 · Net assets without donor restrictions

  beginning of year $42,621,063 · end of year $47,442,288

• 28 · Net assets with donor restrictions

  beginning of year $45,314,953 · end of year $51,378,467

The filer's explanations (Part III)

PART I, LINE 7

BONUSES ARE DETERMINED BY PERFORMANCE-BASED METRICS AND BUDGET CONSTRAINTS.