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KCC FOUNDATION

FINANCIAL STATEMENT BALANCE SHEET

May 31, 2017

May 31, 2016

$ 2,014,741

$ 1,533,930

Assets Cash equivalents

Investments (Note 2) 7,388,768 Contributions receivable

Total assets

55,000

6,849,137 10,000

$ 9,458,509

$ 8,393,067

$

$

Liabilities and Net Assets Liabilities

Payable to Kellogg Community College

Deferred revenue

Total liabilities

431,308

461,632

4,445

—

435,753

461,632

Net Assets

Unrestricted 2,406.085 2,201,156

Temporarily restricted 2,499,738

1,538,030

Permanently restricted

4,116,933

4,192,249

Total net assets 9,022,756

7,931,435

Total liabilities and net assets

$ 9,458,509

$ 8,393,067

37

Kellogg Community College's 2016-17 Annual Report  

Kellogg Community College's 2016-17 Annual Report.

Kellogg Community College's 2016-17 Annual Report  

Kellogg Community College's 2016-17 Annual Report.

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