Financials
At the end of 2020, the total market value of the Foundation’s investment portfolio was $358,499,381 representing an increase of $33.3 million over the prior year.
Grants made during 2020 totaled $12,849,776, which represented a 19.5% increase compared to 2019’s $10,755,832. The Foundation makes multi-year commitments to its grantees. At the end of 2020, outstanding grant commitments totaled $5,739,625. These payments will be made during the course of the next five years.
The Foundation’s auditors, Sisterson & Company, have provided financial statements which conform to generally accepted accounting principles. These are available upon request.
Year | Market Value | Grants |
2020 | $358,499,381 | $12,638,600 |
2019 | $325,166,275 | $11,902,254 |
2018 | $293,309,767 | $10,641,871 |
2017 | $307,389,913 | $12,354,588 |
2016 | $285,270,759 | $10,387,899 |