Financials
Combined Statements of financial position
As a public charity, the Delaware Community Foundation is committed to transparency to our fundholders and the broader community we serve. To review our Federal Tax Return Form 990s, investment policy, full audited financial statements and quarterly investment reports, visit delcf.org/financials. June 30, 2016 and 2015 Assets
2016
Cash and cash equivalents
$33,076,286
$34,653,775
Investments
212,909,092
237,240,176
1,727,098
1,724,653
Unconditional promises to give
320,475
288,718
Other receivables
485,811
488,767
Fixed assets - net
250,534
289,774
$248,769,296
$274,685,863
Notes receivable
Total Assets
Liabilities
2016
2015
Grants payable
$14,140
$22,453
Other accrued expenses
765,380
683,233
Charitable gift annuities
558,237
551,944
Nonprofit endowments
40,662,434
55,882,853
Total Liabilities
$42,000,191
$57,140,483
Total Net Assets
$206,769,110
$217,545,385
Total Liabilities and Net Assets
$248,769,296
$274,685,863
Investment Committee Robert N. MacGovern, Chair Matthew C. Beardwood Kathleen Hawkins
34
2015
Cynthia A. Hewitt Bud Martin Valerie J. Sill
Gordon Stone Philip C. Timon Thomas D. Wren