Form 990 for tax year 2023

1f · All other contributions, gifts and grants

$2,959,185

1g · Noncash contributions included above

$332,305

2a · Program service revenue: MANAGEMENT FEE INCOME

total $17,444 · related or exempt $17,444

3 · Investment income

total $1,218,046 · excluded $1,218,046

7a · Gross sales of assets other than inventory

securities $35,892,117

7b · Less cost or other basis and sales expenses

securities $27,506,510

7c · Gain or loss

securities $8,385,607

7d · Net gain or loss

total $8,385,607 · excluded $8,385,607

1 · Grants to domestic organizations and governments

total $1,907,706 · program services $1,907,706

2 · Grants to domestic individuals

total $706,106 · program services $706,106

5 · Compensation of officers, directors and key employees

total $202,252 · program services $121,351 · management and general $80,901

7 · Other salaries and wages

total $349,432 · program services $209,659 · management and general $139,773

8 · Pension plan contributions

total $29,493 · program services $17,696 · management and general $11,797

9 · Other employee benefits

total $20,509 · program services $12,305 · management and general $8,204

10 · Payroll taxes

total $39,530 · program services $23,718 · management and general $15,812

11b · Fees: legal

total $3,183 · program services $2,578 · management and general $605

11c · Fees: accounting

total $13,850 · management and general $13,850

11f · Fees: investment management

total $53,758 · program services $52,145 · management and general $1,613

11g · Fees: other

total $1,595 · program services $957 · management and general $638

12 · Advertising and promotion

total $91,574 · program services $46,324 · management and general $5,147 · fundraising $40,103

13 · Office expenses

total $241,812 · program services $120,906 · management and general $120,906

16 · Occupancy

total $16,113 · program services $8,057 · management and general $8,056

19 · Conferences, conventions and meetings

total $22,488 · program services $11,244 · management and general $11,244

22 · Depreciation, depletion and amortization

total $24,048 · program services $12,024 · management and general $12,024

23 · Insurance

total $11,222 · program services $5,611 · management and general $5,611

24a · Other expenses: MEMBERSHIP AND DUES

total $6,189 · program services $3,095 · management and general $3,094

1 · Cash, non-interest-bearing

beginning of year $311 · end of year $4,861

2 · Savings and temporary cash investments

beginning of year $3,641,427 · end of year $3,969,325

9 · Prepaid expenses and deferred charges

beginning of year $943 · end of year $965

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

$704,471

10b · Land, buildings and equipment: accumulated depreciation

$237,804

10c · Land, buildings and equipment, net

beginning of year $399,592 · end of year $466,667

11 · Investments: publicly traded securities

beginning of year $42,955,567 · end of year $48,401,089

12 · Investments: other securities

beginning of year $21,600,243 · end of year $23,118,806

15 · Other assets

beginning of year $56,898 · end of year $59,274

17 · Accounts payable and accrued expenses

beginning of year $15,838 · end of year $16,740

18 · Grants payable

beginning of year $1,271,848 · end of year $1,395,200

25 · Other liabilities

beginning of year $1,256,136 · end of year $1,392,896

27 · Net assets without donor restrictions

beginning of year $23,366,232 · end of year $28,781,892

28 · Net assets with donor restrictions

beginning of year $42,744,927 · end of year $44,434,259