Statements of Revenues Collected, Expenditures Paid, and Changes in Unrestricted Net Assets Arising from Cash Transactions
|
The Patricia Kind Family Foundation
Revenues Collected
Interest 450,083 404,803
Dividends 454,880 505,105
Net realized gain (loss) on the
sale of securities 1,536,094 1,378,893
Income from investments 2,441,057 2,288,801
Expenditures allocable to
the production of income (42,641) (41,319)
2,398,416 2,247,482
Contributions received - -
Revenues collected available
for distribution 2,398,416 2,247,482
Expenditures Paid
Grant payments 2,532,000 2,360,250
General and administrative
expenditures 82,420 82,251
2,614,420 2,442,501
Federal excise tax payments 46,781 68,201
Refunds of prior year's federal excise
tax payments - -
Total expenditures paid 2,661,201 2,510,702
(Deficiency) excess of revenues
collected over expenditures paid (262,785) (263,220)
Unrestricted net assets at
the beginning of the year 26,309,141 26,572,361
Unrestricted net assets at
the end of the year 26,046,356 26,309,141
More complete financial reports and Foundation tax returns may be requested in writing.
For the Years Ended December 31, 2007 December 31, 2006
|