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THE COMMUNITY FOUNDATION OF HERKIMER AND ONEIDA COUNTIES, INC.
STATEMENTS OF FINANCIAL POSITION


December 31, 2009 (audited) and 2008

Assets

2009

2008

Cash
$1,007,363
$257,129
Investments
81,671,272
64,799,035
Interest and Dividends Receivable
12,846
31,116
Loans Receivable
61,441
134,860
Promises to Give
444,237
218,500
Charitable Remainder Trust
130,682
122,490
Property, Net
37,502
48,048
Other Current Assets

5,669

3,246
Total Assets
$83,371,012
$65,614,424
     

Liabilities

   
Grants Payable
$894,533
$1,172,191
Accounts Payable and Accrued Expenses
82,052
126,739
Other Liabilities
7,789
0
Agency Funds
3,037,860
6,510,445
Total Liabilities
4,322,484
7,809,375

Net Assets

79,048,528
57,805,049
Total Liabilities and Net Assets

$83,371,012

$65,614,424

     
Statements of Activities for the Years Ended December 31, 2009 (audited) and 2008  
Revenue, Gains, and Support

2009

2008

Gifts and Bequests

$8,804,396

$2,466,650

Investment Income (Net)

15,052,011

(20,351,246)

Total Revenue, Gains, and Support

23,856,407

(17,884,596)

Expenses    
Program Services    
Grants Approved
1,630,290
1,893,373
Program Sponsored Initiatives
53,520
 
Supporting Services
Management and General
929,118
870,098
Total Expenses
2,612,928
2,763,471
Increase (Decrease) in Net Assets
21,243,479
(20,648,067)
Net Assets, Beginning of Year
57,805,049
78,453,116
Net Assets, End of Year
79,048,528
$57,805,049


Statements audited by D’Arcangelo & Co. LLP. A copy of the last financial report and Information Returns (form 990, 990T when applicable, and CHAR 500) can be obtained by contacting The Foundation office or by written request to the Office of the Attorney General, Department of Law, Charities Bureau, 120 Broadway, New York NY 10271.

For more information, contact Director of Finance Gilles Lauzon at (315) 735-8212.

Audited Financials | 990 | CHAR 500



 

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