Form 990 for tax year 2024

1f · All other contributions, gifts and grants

$8,911,403

1g · Noncash contributions included above

$4,170,331

2a · Program service revenue: OFFICE RENTAL

total $185,841 · related or exempt $185,841

3 · Investment income

total $1,086,928 · excluded $1,086,928

5 · Royalties

total $436,115 · excluded $436,115

7a · Gross sales of assets other than inventory

securities $8,102,323 · other assets $2,199,750

7b · Less cost or other basis and sales expenses

securities $6,932,973 · other assets $2,233,187

7c · Gain or loss

securities $1,169,350 · other assets -$33,437

7d · Net gain or loss

total $1,135,913 · related or exempt $1,135,913

8a · Fundraising events: gross income

$123,869

8b · Fundraising events: direct expenses

$88,997

8c · Net income from fundraising events

total $34,872

11a · Other revenue: OTHER INCOME

total $19,565 · related or exempt $19,565

11e · Other revenue, total

$19,565

1 · Grants to domestic organizations and governments

total $4,379,495 · program services $4,379,495

5 · Compensation of officers, directors and key employees

total $111,331 · program services $58,449 · management and general $26,441 · fundraising $26,441

7 · Other salaries and wages

total $40,830 · program services $584 · management and general $20,415 · fundraising $19,831

10 · Payroll taxes

total $9,429 · program services $3,355 · management and general $3,059 · fundraising $3,015

11c · Fees: accounting

total $65,445 · management and general $65,445

11f · Fees: investment management

total $93,146 · program services $93,146

11g · Fees: other

total $93,817 · program services $9,257 · management and general $60,304 · fundraising $24,256

12 · Advertising and promotion

total $13,655 · management and general $6,827 · fundraising $6,828

13 · Office expenses

total $22,958 · management and general $11,479 · fundraising $11,479

16 · Occupancy

total $74,207 · program services $74,207

19 · Conferences, conventions and meetings

total $3,687 · management and general $3,564 · fundraising $123

22 · Depreciation, depletion and amortization

total $68,057 · program services $67,675 · management and general $191 · fundraising $191

23 · Insurance

total $45,553 · program services $41,516 · management and general $3,013 · fundraising $1,024

24a · Other expenses: SCHOLASHIPS

total $254,071 · program services $254,071

24b · Other expenses: OTHER

total $19,133 · program services $177 · management and general $809 · fundraising $18,147

24c · Other expenses: DONOR RELATIONS

total $6,183 · management and general $3,092 · fundraising $3,091

24d · Other expenses: GRANT AWARD CEREMONY

total $5,968 · management and general $2,984 · fundraising $2,984

24e · All other expenses

total $9,693 · program services $3,768 · management and general $5,793 · fundraising $132

2 · Savings and temporary cash investments

beginning of year $2,932,828 · end of year $2,165,719

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

$2,664,126

10b · Land, buildings and equipment: accumulated depreciation

$1,267,101

10c · Land, buildings and equipment, net

beginning of year $1,394,442 · end of year $1,397,025

11 · Investments: publicly traded securities

beginning of year $21,850,009 · end of year $30,421,756

12 · Investments: other securities

beginning of year $25,980 · end of year $2,062,990

15 · Other assets

beginning of year $3,329,421 · end of year $547,925

17 · Accounts payable and accrued expenses

beginning of year $7,421 · end of year $33,752

25 · Other liabilities

beginning of year $2,086,181 · end of year $2,175,712

27 · Net assets without donor restrictions

beginning of year $6,892,801 · end of year $7,604,705

28 · Net assets with donor restrictions

beginning of year $20,546,277 · end of year $26,781,246