Financials

Statement of Financial Position
As of 12/31/2021

Assets
Investments at fair value $643,407,000
Current assets, primarily cash and equivalents
$4,246,000
Office equipment, net of depreciation
$24,000
.
Total Assets
$647,677,000
Liabilities and Net Assets
Grants payable, current
$5,643,000
Grants payable, long-term 0
Other liabilities
$7,281,000
Net assets without donor restrictions
$634,753,000
.
Total Liabilities and Net Assets
$647,677,000

Statement of Activities
Year ended 12/31/2021

Net investment income
184,593,000
Expenses
Grants paid to nonprofit organizations
$25,264,000
Grant processing expenses
     $675,000
General and administrative
   $301,000
Total Expenses
 
$26,240,000
 
Net assets without donor restrictions
 
Net increase during the year

$158,354,000

Beginning of year $476,399,000
End of year $634,753,000

Audited Statements & Financials

2021 Audited Financial Statement
2020 Form 990
2020 Audited Financial Statement
2019 Form 990
2019 Audited Financial Statement
2018 Form 990
2018 Audited Financial Statement
2017 Form 990