Form 990 for tax year 2024

1f · All other contributions, gifts and grants

$305,037

1g · Noncash contributions included above

$470

2a · Program service revenue: MISCELLANEOUS PROGRAM REVENUE

total $180 · related or exempt $180

3 · Investment income

total $791,062 · excluded $791,062

7a · Gross sales of assets other than inventory

securities $1,852,312

7b · Less cost or other basis and sales expenses

securities $1,577,455

7c · Gain or loss

securities $274,857

7d · Net gain or loss

total $274,857 · excluded $274,857

1 · Grants to domestic organizations and governments

total $945,060 · program services $945,060

5 · Compensation of officers, directors and key employees

total $84,200 · program services $16,600 · management and general $50,400 · fundraising $17,200

10 · Payroll taxes

total $6,637 · program services $1,328 · management and general $3,982 · fundraising $1,327

11b · Fees: legal

total $4,697 · management and general $4,697

11c · Fees: accounting

total $36,159 · management and general $36,159

11f · Fees: investment management

total $70,967 · management and general $70,967

11g · Fees: other

total $31,577 · management and general $31,577

12 · Advertising and promotion

total $1,128 · program services $590 · management and general $538

13 · Office expenses

total $5,034 · management and general $5,034

14 · Information technology

total $12,460 · management and general $12,460

19 · Conferences, conventions and meetings

total $3,358 · program services $1,263 · management and general $2,095

23 · Insurance

total $2,121 · management and general $2,121

24a · Other expenses: OTHER GIFTS & AWARDS

total $5,560 · program services $4,833 · management and general $727

24b · Other expenses: SCHOLARSHIP ENRICHMENT

total $3,525 · program services $3,525

24c · Other expenses: MISCELLANEOUS EXPENSES

total $799 · management and general $599 · fundraising $200

1 · Cash, non-interest-bearing

beginning of year $398,291 · end of year $273,838

2 · Savings and temporary cash investments

beginning of year $1,134,711 · end of year $551,664

3 · Pledges and grants receivable

beginning of year $30,000

9 · Prepaid expenses and deferred charges

beginning of year $10,124 · end of year $12,749

11 · Investments: publicly traded securities

beginning of year $19,818,168 · end of year $22,343,726

12 · Investments: other securities

beginning of year $92,157 · end of year $40,576

17 · Accounts payable and accrued expenses

beginning of year $951 · end of year $746

27 · Net assets without donor restrictions

beginning of year $21,312,598 · end of year $23,070,795

28 · Net assets with donor restrictions

beginning of year $169,902 · end of year $151,012