Statements of Revenues Collected, Expenditures Paid, and Changes in Unrestricted Net Assets Arising from Cash Transactions
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The Patricia Kind Family Foundation
Revenues Collected
Interest 318,697 450,083
Dividends 461,685 454,880
Net realized gain (loss) on the
sale of securities 401,447 1,536,094
Income from investments 1,181,829 2,441,057
Expenditures allocable to
the production of income (36,788) (42,641)
1,145,041 2,398,416
Contributions received - -
Revenues collected available
for distribution 1,145,041 2,398,416
Expenditures Paid
Grant payments 2,408,000 2,532,000
General and administrative
expenditures 68,819 82,420
2,476,819 2,614,420
Federal excise tax payments 24,530 46,781
Refunds of prior year's federal excise
tax payments - -
Total expenditures paid 2,501,349 2,661,201
(Deficiency) excess of revenues
collected over expenditures paid (1,356,308) (262,785)
Unrestricted net assets at
the beginning of the year 26,046,356 26,309,141
Unrestricted net assets at
the end of the year 24,690,048 26,046,358
More complete financial reports and Foundation tax returns may be requested in writing.
For the Years Ended December 31, 2008 December 31, 2007
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