THE COMMUNITY’S ENDOWMENT
Comprised of Common Good and Field of Interest funds, this pool is used by the Foundation board and staff to award responsive grants based on the community’s emerging needs like access to pre-k, coronavirus response, The Family Center and more. FUNDS FOR THE COMMON GOOD
$1.7M
AWARDED THROUGH THE RESPONSIVE GRANTS PROGRAM
$56.2M IN ASSETS
FIELD OF INTEREST FUNDS
$264K
AWARDED THROUGH THE RESPONSIVE GRANTS PROGRAM
DONOR-DIRECTED FUNDS
$6.1M IN ASSETS
Donor-directed funds include agency, designated, scholarship and donor advised funds. Donors instruct the Foundation to use these dollars for a specific purpose. DONOR ADVISED FUNDS
$1.9M AWARDED
278
AWARDED
129
GRANTS
SCHOLARSHIP FUNDS
$353,350 AWARDED
142
SCHOLARSHIP FUNDS
ASSETS
Cash and Cash Equivalents
$
Total Assets
$ 178,168,806
Investments, at Fair Value Other Assets
6,155,440 168,316,931 3,696,435
STATEMENT OF ACTIVITY REVENUE
Contributions Net Investment Income Other Revenue Total Revenue
$
6,264,090 19,277,933 510,994
$
26,053,017
$ Grants Program Services Management and General Fundraising and Development
3,224,289 1,307,007 414,542 663,262
Total Expenses
$
5,609,100
Change in Net Assets Net Assets, Beginning of Year
20,433,917 148,726,992
GRANTS
DESIGNATED FUNDS
$1.8M
STATEMENT OF FINANCIAL POSITION
LIABILITIES
Accounts Payable Grants Payable Funds Held for Agencies Other Liabilities
$
40,617 517,594 7,116,598 1,323,088
Total Liabilities
$
8,997,897
Net Assets
$ 169,170,909
Total Liabilities and Net Assets
$ 178,168,806
EXPENSES
229
SCHOLARSHIPS
170
STUDENT RECIPIENTS
Net Assets, End of Year
$ 169,170,909
