Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $2,000,000

• 1f · All other contributions, gifts and grants

  $980,562

• 3 · Investment income

  total $992,524 · excluded $992,524

• 7a · Gross sales of assets other than inventory

  securities $3,168,578

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

  securities $2,883,519

• 7c · Gain or loss

  securities $285,059

• 7d · Net gain or loss

  total $285,059 · excluded $285,059

• 11a · Other revenue: MISCELLANEOUS

  total $5,105 · related or exempt $5,105

• 11e · Other revenue, total

  $5,105

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,252,566 · program services $1,252,566

• 2 · Grants to domestic individuals

  total $475,469 · program services $475,469

• 3 · Grants to foreign organizations and individuals

  total $97,408 · program services $97,408

• 5 · Compensation of officers, directors and key employees

  total $66,292 · program services $37,197 · management and general $17,297 · fundraising $11,798

• 7 · Other salaries and wages

  total $68,082 · program services $38,200 · management and general $17,765 · fundraising $12,117

• 8 · Pension plan contributions

  total $6,013 · program services $3,374 · management and general $1,569 · fundraising $1,070

• 9 · Other employee benefits

  total $11,211 · program services $6,291 · management and general $2,925 · fundraising $1,995

• 10 · Payroll taxes

  total $7,950 · program services $4,461 · management and general $2,074 · fundraising $1,415

• 11b · Fees: legal

  total $250 · management and general $250

• 11c · Fees: accounting

  total $24,591 · management and general $24,591

• 11f · Fees: investment management

  total $24,363 · management and general $24,363

• 13 · Office expenses

  total $18,667 · program services $1,694 · management and general $16,309 · fundraising $664

• 17 · Travel

  total $264 · fundraising $264

• 19 · Conferences, conventions and meetings

  total $64,456 · management and general $882 · fundraising $63,574

• 24a · Other expenses: PLANNED GIVING ANNUITY

  total $10,177 · fundraising $10,177

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,340,164 · end of year $1,026,733

• 3 · Pledges and grants receivable

  beginning of year $1,740,247 · end of year $2,691,122

• 9 · Prepaid expenses and deferred charges

  end of year $50,000

• 11 · Investments: publicly traded securities

  beginning of year $26,822,563 · end of year $30,082,216

• 12 · Investments: other securities

  beginning of year $6,912,441 · end of year $7,414,021

• 15 · Other assets

  beginning of year $138,372 · end of year $143,112

• 17 · Accounts payable and accrued expenses

  beginning of year $7,080 · end of year $718,532

• 18 · Grants payable

  beginning of year $1,420,312 · end of year $922,374

• 25 · Other liabilities

  beginning of year $46,462 · end of year $44,166

• 27 · Net assets without donor restrictions

  beginning of year $34,218,491 · end of year $38,036,106

• 28 · Net assets with donor restrictions

  beginning of year $1,261,442 · end of year $1,686,026

The filer's explanations (Part III)

PART I, LINE 3

THE RELATED ORGANIZATION USES A WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO ESTABLISH THE COMPENSATION OF THE CEO.