Financial Highlights
For the years ended December 31, 2016 and 2015
|
REVENUE AND SUPPORT |
2016 |
2015 |
|
Contributions |
$80,755,604 |
$31,609,545 |
|
Grants |
351,613 |
663,972 |
|
Administrative fee |
122,392 |
194,500 |
|
Government appropriations |
1,000,000 |
1,000,000 |
|
Investment earnings |
1,102,491 |
(204,884) |
|
In-kind contributions |
960,688 |
874,517 |
|
Donated services |
30,000 |
110,811 |
|
Fundraising event |
279,800 |
257,150 |
|
TOTAL REVENUE AND SUPPORT |
$84,602,588 |
$34,505,611 |
|
EXPENSES AND CHANGES IN NET ASSETS |
||
|
PROGRAM SERVICES |
||
|
Fellowships and training programs |
$1,257,933 |
$1,210,274 |
|
Memorials, awards and events |
390,128 |
734,852 |
|
Capital projects |
51,627 |
313,270 |
|
Research partnerships |
41,957,442 |
53,177,305 |
|
TOTAL PROGRAM SERVICES |
$43,657,130 |
$55,435,701 |
|
SUPPORTING SERVICES |
||
|
Management and general |
$3,800,393 |
$3,781,357 |
|
Fundraising |
392,283 |
382,386 |
|
TOTAL SUPPORTING SERVICES |
$4,192,676 |
$4,163,743 |
|
TOTAL EXPENSES
|
$47,849,806
|
$59,599,444
|
|
CHANGE IN NET ASSETS |
$36,752,782 |
$(25,093,833) |
|
NET ASSETS BEGINNING OF YEAR |
66,475,548 |
91,569,381 |
|
NET ASSETS AT END OF YEAR |
$103,228,330 |
$66,475,548 |
The Foundation’s audited financial statements are available on request.
