Form 990 for tax year 2025

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $8,316,795

• 1g · Noncash contributions included above

  $4,610,572

• 3 · Investment income

  total $860,926 · excluded $860,926

• 7a · Gross sales of assets other than inventory

  securities $14,592,961

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

  securities $13,387,249

• 7c · Gain or loss

  securities $1,205,712

• 7d · Net gain or loss

  total $1,205,712 · excluded $1,205,712

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $4,019,057 · program services $4,019,057

• 2 · Grants to domestic individuals

  total $58,000 · program services $58,000

• 5 · Compensation of officers, directors and key employees

  total $177,862 · program services $60,473 · management and general $60,473 · fundraising $56,916

• 7 · Other salaries and wages

  total $385,256 · program services $130,987 · management and general $130,987 · fundraising $123,282

• 8 · Pension plan contributions

  total $7,738 · program services $2,631 · management and general $2,631 · fundraising $2,476

• 9 · Other employee benefits

  total $52,040 · program services $17,694 · management and general $17,694 · fundraising $16,652

• 10 · Payroll taxes

  total $47,427 · program services $16,125 · management and general $16,125 · fundraising $15,177

• 11b · Fees: legal

  total $41,004 · management and general $41,004

• 11c · Fees: accounting

  total $26,801 · management and general $26,801

• 11f · Fees: investment management

  total $147,713 · program services $147,713

• 13 · Office expenses

  total $29,168 · program services $8,750 · management and general $11,668 · fundraising $8,750

• 16 · Occupancy

  total $37,923 · program services $10,618 · management and general $13,273 · fundraising $14,032

• 22 · Depreciation, depletion and amortization

  total $30,396 · management and general $30,396

• 23 · Insurance

  total $3,500 · program services $875 · management and general $1,575 · fundraising $1,050

• 24a · Other expenses: FUND DEVELOPMENT

  total $41,261 · program services $6,189 · fundraising $35,072

• 24b · Other expenses: NON-GRANT PROGRAMMING

  total $30,376 · program services $24,301 · management and general $6,075

• 24c · Other expenses: DUES AND SUBSCRIPTIONS

  total $28,365 · program services $14,183 · management and general $9,927 · fundraising $4,255

• 24d · Other expenses: MISCELLANEOUS

  total $18,943 · program services $13,523 · management and general $3,097 · fundraising $2,323

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,783,398 · end of year $2,077,430

• 2 · Savings and temporary cash investments

  beginning of year $192,895 · end of year $199,951

• 3 · Pledges and grants receivable

  beginning of year $12,355 · end of year $17,072

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

  $1,157,134

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

  $61,711

• 10c · Land, buildings and equipment, net

  beginning of year $1,125,819 · end of year $1,095,423

• 11 · Investments: publicly traded securities

  beginning of year $25,191,854 · end of year $31,571,066

• 17 · Accounts payable and accrued expenses

  beginning of year $13,068 · end of year $12,157

• 18 · Grants payable

  beginning of year $6,500 · end of year $9,376

• 25 · Other liabilities

  beginning of year $103,392 · end of year $111,659

• 27 · Net assets without donor restrictions

  beginning of year $2,944,742 · end of year $3,100,681

• 28 · Net assets with donor restrictions

  beginning of year $25,238,619 · end of year $31,727,069

The filer's explanations (Part III)

PART I, LINE 3

THE EXECUTIVE DIRECTOR'S COMPENSATION IS COMPARED TO SALARY DATA FROM THE COUNCIL ON FOUNDATIONS AND IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES ANNUALLY.