Form 990 for tax year 2025

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $1,073,619

• 1g · Noncash contributions included above

  $1,073,619

• 3 · Investment income

  total $1,627,330 · excluded $1,627,330

• 7a · Gross sales of assets other than inventory

  securities $11,055,494

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

  securities $8,993,150

• 7c · Gain or loss

  securities $2,062,344

• 7d · Net gain or loss

  total $2,062,344 · excluded $2,062,344

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $3,027,209 · program services $3,027,209

• 11b · Fees: legal

  total $1,449 · management and general $1,449

• 11c · Fees: accounting

  total $25,277 · management and general $25,277

• 11f · Fees: investment management

  total $429,622 · management and general $429,622

• 13 · Office expenses

  total $100 · management and general $100

• 17 · Travel

  total $848 · management and general $848

• 20 · Interest

  total $33,442 · management and general $33,442

• 23 · Insurance

  total $3,313 · management and general $3,313

• 24a · Other expenses: DEVELOPMENT EXPENSE

  total $5,120 · fundraising $5,120

• 24b · Other expenses: MISC.

  total $33 · management and general $33

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $5,365,515 · end of year $2,913,145

• 7 · Other notes and loans receivable

  beginning of year $411,506 · end of year $363,636

• 9 · Prepaid expenses and deferred charges

  beginning of year $6,962 · end of year $1,108

• 11 · Investments: publicly traded securities

  beginning of year $77,286,200 · end of year $85,754,178

• 12 · Investments: other securities

  beginning of year $978,577 · end of year $827,320

• 15 · Other assets

  end of year $1,000,000

• 17 · Accounts payable and accrued expenses

  beginning of year $26,100 · end of year $24,100

• 23 · Secured mortgages and notes payable

  beginning of year $1,376,823 · end of year $889,511

• 25 · Other liabilities

  beginning of year $8,825,237 · end of year $7,991,385

• 27 · Net assets without donor restrictions

  beginning of year $73,820,600 · end of year $81,954,391

The filer's explanations (Part III)

PART I, LINE 3

APPROVAL OF COMPENSATION IS OBTAINED VIA A WRITTEN EMPLOYMENT CONTRACT AND APPROVAL BY THE BOARD.