About Us
FINANCIAL STATEMENTS
_________________________
STATEMENT OF ACTIVITIES
_________________________
For the year ended December 31, 2019
INVESTMENT RETURN
_________________________
Interest and dividends
Interest from program-related investments
Realized gain
Unrealized gain (loss)
Total Investment Income
Less direct investment expenses
_____
Total Investment Return
$ 1,997,307
73,587
7,772,852
3,295,180
13,138,926
524,151
___
12,614,775
Grants and programs
Operations and governance
Deferred excise tax (benefit)
Federal excise tax
_____
Total Expenses
Change in Net Assets
$ 8,253,242
241,088
21,599
91,958
___
$ 8,607,687
4,007,088
EXPENSES
_________________________
NET ASSETS
_________________________
Beginning of year, as restated
End of year
$ 86,553,192
$ 90,560,280
STATEMENT OF FINANCIAL POSITION
_________________________
For the year ended December 31, 2019
ASSETS
_________________________
Cash and cash equivalents
Investments
Investment income receivable
Program related investments
Prepaid federal excise tax
Prepaid expenses
Equipment and leasehold improvements, net
Security deposit
_____
TOTAL ASSETS
$ 4,644,637
90,064,747
274,872
3,621,429
190,804
8,661
22,072
11,292
___
$ 98,838,514
LIABILITIES AND NET ASSETS
_________________________
Liabilities
Accounts payable and accrued expenses
Grants payable, net of discount
Federal excise tax payable
Deferred federal excise tax
Total Liabilities
Net assets without donor restrictions
_____
TOTAL LIABILITIES &
NET ASSETS
$ 70,401
7,864,663
-
343,170
8,278,234
90,560,280
___
$ 98,838,514
This information is summarized from the van Ameringen Foundation’s financial statements, which were audited by PKF O'Connor Davies, LLP.