New Israel Fund 2010 Annual Report

Page 16

NIF FINANCIALS NEW ISRAEL FUND STATEMENT OF FINANCIAL POSITION As of December 31, 2010 and 2009 ASSETS

2010

2009

$15,182,886

$6,526,403

16,249,493

15,236,222

1,178,430

2,254,496

917,463

221,463

CURRENT ASSETS Cash and cash equivalents Investments Pledges receivable, current portion, net of allowance for doubtful accounts of $68,890 and $51,941 respectively Accounts receivable Prepaid expenses

26,400

34,087

33,554,672

24,272,671

Furniture, equipment and leasehold improvements, net OTHER ASSETS

346,874

385,074

Pledges receivable, net of current portion

183,456

161,423

Total current assets FURNITURE, EQUIPMENT AND LEASEHOLD IMPROVEMENTS

Deposits

15,285

9,605

Assets held in Charitable Remainder Trust

57,373

66,779

256,114 $34,157,660

237,807 $24,895,552

2010

2009

$1,525,623

$1,837,196

5,916,041

4,837,599

103,830

162,828

Total other assets

TOTAL ASSETS

LIABILITIES AND NET ASSETS CURRENT LIABILITIES Accounts payable and accrued liabilities Grants payable Affiliate payable Liabilities under split interest agreements, current portion Annuity payable, current portion Deferred rent abatement Total current liabilities LONG-TERM LIABILITIES Liability under trust agreement Deferred rent abatement Annuity payable

Total long-term liabilities

Total liabilities NET ASSETS Unrestricted Temporarily restricted Permanently restricted

16

Total net assets TOTAL LIABILITIES AND NET ASSETS

DEMOCRACY AT THE CROSSROADS NEW ISRAEL FUND

6,300

6,300

65,027

119,125

17,926

-

7,634,747

6,963,048

51,073

60,480

-

47,950

110,558

112,502

161,631

220,932

7,796,378

7,183,980

5,862,404

7,176,768

18,135,012

8,593,329

2,363,866

1,941,475

26,361,282 $34,157,660

17,711,572 $24,895,552


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