Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $947,963

• 1f · All other contributions, gifts and grants

  $7,689,461

• 1g · Noncash contributions included above

  $2,971,281

• 3 · Investment income

  total $5,648,921 · excluded $5,648,921

• 7a · Gross sales of assets other than inventory

  securities $16,122,403

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

  securities $16,041,381

• 7c · Gain or loss

  securities $81,022

• 7d · Net gain or loss

  total $81,022 · excluded $81,022

• 11a · Other revenue: Miscellaneous

  total $56,099 · excluded $56,099

• 11e · Other revenue, total

  $56,099

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $9,665,626 · program services $9,665,626

• 5 · Compensation of officers, directors and key employees

  total $546,234 · program services $194,313 · management and general $221,974 · fundraising $129,947

• 7 · Other salaries and wages

  total $610,931 · program services $320,403 · management and general $90,744 · fundraising $199,784

• 8 · Pension plan contributions

  total $87,502 · program services $45,576 · management and general $13,535 · fundraising $28,391

• 9 · Other employee benefits

  total $44,839 · program services $20,986 · management and general $10,992 · fundraising $12,861

• 10 · Payroll taxes

  total $81,850 · program services $36,896 · management and general $21,406 · fundraising $23,548

• 11b · Fees: legal

  total $7,661 · management and general $7,661

• 11c · Fees: accounting

  total $15,250 · management and general $15,250

• 11f · Fees: investment management

  total $115,866 · management and general $115,866

• 11g · Fees: other

  total $19,872 · management and general $19,872

• 12 · Advertising and promotion

  total $67,654 · fundraising $67,654

• 13 · Office expenses

  total $120,995 · program services $54,530 · management and general $31,663 · fundraising $34,802

• 14 · Information technology

  total $92,096 · program services $41,515 · management and general $24,086 · fundraising $26,495

• 16 · Occupancy

  total $65,924 · program services $29,717 · management and general $17,241 · fundraising $18,966

• 19 · Conferences, conventions and meetings

  total $18,610 · program services $9,305 · management and general $9,305

• 23 · Insurance

  total $24,578 · program services $11,079 · management and general $6,428 · fundraising $7,071

• 24a · Other expenses: Event expense

  total $32,054 · fundraising $32,054

• 24b · Other expenses: Membership dues

  total $18,171 · program services $8,191 · management and general $4,752 · fundraising $5,228

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,682,656 · end of year $1,070,408

• 2 · Savings and temporary cash investments

  beginning of year $185,293 · end of year $5,744,040

• 9 · Prepaid expenses and deferred charges

  beginning of year $16,484 · end of year $9,268

• 11 · Investments: publicly traded securities

  beginning of year $158,418,203 · end of year $127,153,995

• 12 · Investments: other securities

  beginning of year $272,735 · end of year $285,843

• 15 · Other assets

  beginning of year $296,745 · end of year $641,061

• 17 · Accounts payable and accrued expenses

  beginning of year $889,515 · end of year $854,184

• 25 · Other liabilities

  beginning of year $6,417,550 · end of year $5,664,161

• 27 · Net assets without donor restrictions

  beginning of year $66,039,818 · end of year $54,190,694

• 28 · Net assets with donor restrictions

  beginning of year $87,525,233 · end of year $74,195,576

The filer's explanations (Part III)

Part I, Line 7

End of the year bonuses are tied to performance, service to the community and cost of living. This particular year, every employee worked extremely hard to support the community and continue the mission of the foundation.