Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $17,190,004

• 1g · Noncash contributions included above

  $7,228,024

• 3 · Investment income

  total $1,368,679 · excluded $1,368,679

• 7a · Gross sales of assets other than inventory

  securities $3,011,840

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

  securities $1,735,668

• 7c · Gain or loss

  securities $1,276,172

• 7d · Net gain or loss

  total $1,276,172 · excluded $1,276,172

• 11a · Other revenue: OTHER INCOME

  total $1,887,410 · related or exempt $1,887,410

• 11e · Other revenue, total

  $1,887,410

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $16,493,712 · program services $16,493,712

• 5 · Compensation of officers, directors and key employees

  total $387,031 · management and general $387,031

• 7 · Other salaries and wages

  total $316,546 · management and general $316,546

• 8 · Pension plan contributions

  total $7,173 · management and general $7,173

• 9 · Other employee benefits

  total $36,772 · management and general $36,772

• 10 · Payroll taxes

  total $40,061 · management and general $40,061

• 11f · Fees: investment management

  total $135,550 · management and general $135,550

• 11g · Fees: other

  total $143,913 · management and general $143,913

• 12 · Advertising and promotion

  total $3,375 · management and general $3,375

• 13 · Office expenses

  total $57,496 · management and general $57,496

• 17 · Travel

  total $72,858 · management and general $72,858

• 19 · Conferences, conventions and meetings

  total $21,652 · management and general $21,652

• 22 · Depreciation, depletion and amortization

  total $4,649 · management and general $4,649

• 23 · Insurance

  total $6,137 · management and general $6,137

• 24a · Other expenses: ENTERTAINMENT

  total $139,666 · management and general $139,666

• 24b · Other expenses: SPONSORSHIPS

  total $40,968 · management and general $40,968

• 24c · Other expenses: PROGRAM SUPPORT

  total $28,531 · management and general $28,531

• 24d · Other expenses: EQUIPMENT AND RENTALS

  total $26,217 · management and general $26,217

• 24e · All other expenses

  total $75,512 · management and general $75,512

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $4,021,733 · end of year $4,816,064

• 3 · Pledges and grants receivable

  beginning of year $6,597,515 · end of year $5,762,386

• 4 · Accounts receivable

  beginning of year $123,194 · end of year $223,045

• 9 · Prepaid expenses and deferred charges

  beginning of year $3,317 · end of year $10,700

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

  $164,240

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

  $26,759

• 10c · Land, buildings and equipment, net

  beginning of year $247,786 · end of year $137,481

• 11 · Investments: publicly traded securities

  beginning of year $33,955,031 · end of year $36,921,845

• 12 · Investments: other securities

  beginning of year $1,759,707 · end of year $2,453,519

• 15 · Other assets

  beginning of year $2,496,394 · end of year $2,795,974

• 17 · Accounts payable and accrued expenses

  beginning of year $100,616 · end of year $151,531

• 25 · Other liabilities

  beginning of year $194,514 · end of year $236,222

• 27 · Net assets without donor restrictions

  beginning of year $2,320,406 · end of year $2,592,974

• 28 · Net assets with donor restrictions

  beginning of year $46,589,141 · end of year $50,140,287

The filer's explanations (Part III)

PART I, LINE 1A

THE EXECUTIVE DIRECTOR'S WAGES INCLUDE COMPENSATION IN LIEU OF HAVING HEALTH AND DENTAL INSURANCE BENEFITS WITH THE CURRENT FOUNDATION PLAN. THE EXECUTIVE DIRECTOR AND FINANCE DIRECTOR'S BONUS AND INCENTIVE COMPENSATION INCLUDES FUNDS FOR A RETIREMENT SUBSIDY.