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History
Letter
Trustees and Staff
Contact Us
Financials
Areas of Interest
Types of Grants
Deadlines
Guidelines
Reporting
Grants-Interest Area
Grants-Geography
EC Leadership
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*ECDC/African Community Center
*Bal Swan Children's Center
*Children's Outreach Project
*Early Connections Learning Centers
*Elizabeth Early Childhood Programs
*Mount Saint Vincent Home
*Starpoint
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STATEMENT
OF ASSETS, LIABILITIES, AND NET ASSETS
(INCOME TAX BASIS)
JUNE
30, 2011
| ASSETS |
|
Cash and temporary cash investments |
$3,442,563 |
|
Investments, at market value |
|
Real estate |
$99,614,871 |
|
Managed investments |
$148,397,057 |
|
Total investments |
$248,011,928 |
|
Building, office furniture and equipment, net |
$635,962 |
| TOTAL
ASSETS |
$252,090,453 |
| LIABILITIES |
| Security
deposits and other liabilities |
$6,626 |
| TOTAL LIABILITIES |
$6,626 |
| NET ASSETS |
$252,083,827 |
| TOTAL LIABILITIES
AND NET ASSETS |
$252,090,453 |
STATEMENT OF REVENUE, EXPENSES AND
CHANGES IN NET ASSETS (INCOME TAX BASIS)
YEAR ENDED JUNE 30, 2011
| REVENUE |
|
Rental income |
$2,623,509 |
|
Partnership income |
$6,979,646 |
|
Interest and dividends |
$1,431,193 |
|
Realized gain (losses) on equity investments |
$3,405,996 |
|
Other income/expenses, net |
($120,851) |
| TOTAL REVENUE |
$14,319,493 |
| EXPENSES |
|
Grants paid |
$8,686,456 |
|
Operating and administrative expenses |
$866,604 |
|
Excise and income taxes |
$1,869,482 |
|
TOTAL
EXPENSES
|
$11,422,542 |
| EXCESS OF REVENUE
OVER EXPENSES |
$2,896,951 |
| Net assets at June 30, 2010 |
$235,959,599 |
| Direct entries to net
assets |
$13,227,277 |
| NET ASSETS AT JUNE
30, 2011 |
$252,083,827 |
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