Financial Statements

Statement of Financial Position

Year end December 31

20182017
ASSETS
Cash and cash equivalents1,792,010521,027
Other receivable3,3904,282
Prepaid expenses 51,625 60,293
Investments, at fair value (Notes 4 & 5) 32,082,797 54,330,906
Property and equipment, net (Note 7)3,3099,497
Program related investment (Note 3) 25,00025,000
Security Deposit25,97525,725
Intangible Assets25,28824,536
TOTAL ASSETS34,006,39455,001,266
LIABILITIES
Accounts payable and accrued expenses118,250248,029
Grants payable (Note 10)1,492,141992,900
Excise Tax Payable --
Deferred federal excise tax (Note 9)27,167 78,404
TOTAL LIABILITIES 1,637,5581,319,333
NET ASSETS
Net assets without donor restrictions32,368,83653,681,933
TOTAL LIABILITIES AND UNRESTRICTED NET ASSETS34,006,33455,001,266

Statement of Activities

Year end December 31

20182017
Interest and Dividends997,582824,376
Realized gains on investments3,268,3582,474,561
Unrealized/gains (losses) on investments(4,221,299)5,842,256
Other investment income /(loss) 31,573(106,748)
Custodial and management fees(85,389)(68,425)
Other investment expenses (883,427)(914,329)
Net investment expenses /(loss) before provision for federal excise tax(892,602)8,051,691
Provision for federal excise taxes 16,250(61,495)
Net investment income/(loss)(876,352)7,990,196
EXPENSES
Program Services
Grants4,691,1105,602,805
Spin-off Grant to Scintilla Foundation14,829,0670.00
Grants Management367,439466,516
Philanthropic community and public relations216,929276,772
Total program services20,104,5456,346,093
Supporting services
Board meetings and support171,290226,611
General administration160,910223,301
Total supporting services 332,200449,912
TOTAL EXPENSES20,436,7456,796,005
Change in net assets without donor restrictions(21,313,097)1,194,191
Net assets without donor restrictions-beginning of the year53,681,93352,487,742
Net assets without donor restrictions-end of year 32,368,83653,681,933

Grantee Facts

Name:
WomanStats / Texas A&M University

Project Name:
General Support

Amount Granted:
$50,000