Form 990 for tax year 2022

2a · Program service revenue: SUBSIDIES FROM U.S. GOVERNMENT

total $1,560,000 · related or exempt $1,560,000

3 · Investment income

total $14,394,553 · excluded $14,394,553

7a · Gross sales of assets other than inventory

securities $667,262,489

7b · Less cost or other basis and sales expenses

securities $692,814,225

7c · Gain or loss

securities -$25,551,736

7d · Net gain or loss

total -$25,551,736 · excluded -$25,551,736

4 · Benefits paid to or for members

total $17,102,856

5 · Compensation of officers, directors and key employees

total $142,696

11a · Fees: management

total $283,740

11b · Fees: legal

total $30,893

11c · Fees: accounting

total $59,005

11f · Fees: investment management

total $632,966

11g · Fees: other

total $106,344

13 · Office expenses

total $28,896

19 · Conferences, conventions and meetings

total $2,216

23 · Insurance

total $85,732

24a · Other expenses: FIDELITY BOND

total $6,358

24b · Other expenses: MISCELLANEOUS EXPENSE

total $845

1 · Cash, non-interest-bearing

beginning of year $3,414,544 · end of year $4,140,410

2 · Savings and temporary cash investments

beginning of year $14,706,275 · end of year $36,299,381

4 · Accounts receivable

beginning of year $2,307,888 · end of year $1,068,145

9 · Prepaid expenses and deferred charges

beginning of year $80,849 · end of year $219,259

11 · Investments: publicly traded securities

beginning of year $61,541,414 · end of year $165,470,899

12 · Investments: other securities

beginning of year $339,375,031 · end of year $150,452,327

15 · Other assets

beginning of year $4,324,968 · end of year $3,015,845

17 · Accounts payable and accrued expenses

beginning of year $1,107,723 · end of year $1,080,939

25 · Other liabilities

beginning of year $3,046,268 · end of year $1,552,063

27 · Net assets without donor restrictions

beginning of year $421,596,978 · end of year $358,033,264