Consolidated Statements of Financial Position as of December 31 | 2011
2011
Assets
Cash and Cash Equivalents $ 10,049,472 Accounts Receivable / Contributions Loans and Prepaid Expenses 4,124,701 Investments 137,351,452 Assets Invested in Equipment, Net 140,506 ___________ Total Assets $ 151,666,131 ___________ ___________ Liabilities and Net Assets
Liabilities Grants and Accounts Payable $ 1,115,937 Funds Held in Trust & Endowments 16,481,181 __________ Total Liabilities 17,597,118 __________ Net Assets Unrestricted $ 130,056,039 Temporarily Restricted ___________ 4,012,974 Total Net Assets 134,069,013 ___________
Total Liabilities and Net Assets $ 151,666,131 ___________ ___________
Consolidated Statement of Activities as of December 31 | 2011
2011 Revenues and Gains Contributions and Fees Earned $ 29,038,177 Net Investment Losses (4,440,269) __________ 24,597,908 Total Revenues and Gains __________ Expenses
Grants and Program Services $ 20,172,420 Management and General 1,510,929 Fundraising 1,703,337 ___________ ___________ Total Expenses 23,386,686
Pension Related Changes other than net periodic pension cost
82,575
Change in Net Assets 1,293,797 Beginning Net Assets ___________ 132,775,216 Ending Net Assets $ 134,069,013 ___________ ___________
A complete set of financial statements with accompanying footnotes and unqualified auditor’s report as well as IRS Form 990 are available for review at The Miami Foundation offices. You may download our IRS Form 990 on our website at miamifoundation.org. -62
2011 annual report