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 |
|
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 |
|
|
| |
|
|
| Statements of Activities for the Years Ended December 31, 2009 (audited) and 2008 |
|
| Revenue, Gains, and Support |
|
|
| Gifts and Bequests |
|
|
| Investment Income (Net) |
|
|
| Total Revenue, Gains, and Support |
|
|
| 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
|
