BROCKPORT FOUNDATION Statement of Financial Position
June 30, FOUNDATION, 2010 THE STATE UNIVERSITY COLLEGE AT BROCKPORT INC. AND ALUMNI ASSOCIATION, D/B/A BROCKPORT COLLEGE FUND (With Comparative Totals for June 30, 2009) Combined Statement of Financial Position June 30, 2010 (With Comparative Totals for June 30, 2009) Temporarily Restricted
Permanently Restricted
313,046 30,174 45,797
$ 1,251,051 -
$
4,446 53,810 9,885 125,470 $
582,628
$
2,743 14,170 48,523 9,885 75,321
Unrestricted
Total 2010
Total 2009
-
$ 1,564,097 30,174 45,797
$ 1,325,332 29,275 45,797
168,472 75,000 195,243 -
34,489 4,575,014 -
207,407 128,810 4,770,257 9,885 125,470
241,074 48,212 4,077,725 451,668 110,314
$ 1,689,766
$ 4,609,503
$ 6,881,897
$ 6,329,397
$
$
$
$
ASSETS Assets Cash and cash equivalents Funds held for deferred giving Student loans receivable Pledges receivable, net of allowance for uncollectible pledges of $27,153 and $26,191 in 2010 and 2009 Other receivables Marketable securities Due from other funds Custodial funds Property and equipment, net Total Assets
$
LIABILITIES AND NET ASSETS (DEFICIT) Liabilities Accounts payable and accrued expenses Deferred giving obligations Deferred revenue Custodial funds payable Due to other funds Total liabilities Net Assets (Deficit) Unrestricted Undesignated Market value of donor restricted endowments below historic dollar value Total unrestricted Temporarily restricted Permanently restricted Total net assets Total Liabilities and Net Assets
$
-
-
2,743 14,170 48,523 9,885 75,321
10,066 14,776 60,628 451,668 537,138
507,307
-
-
507,307
(546,031)
507,307 507,307
1,689,766 1,689,766
4,609,503 4,609,503
507,307 1,689,766 4,609,503 6,806,576
451,668 (94,363) 1,409,362 4,477,260 5,792,259
582,628
$ 1,689,766
$ 4,609,503
$ 6,881,897
37
$ 6,329,397