FINANCES
Investment Performance Last 12 Quarters
Summary of Statement of Financial Position Year ended December 31
Summary of Statement of Activities Year ended December 31
14.55%
ASSETS:
REVENUE:
2021
2020
2021
2020
9.32%
9.27%
Cash, Cash Equivalents Accounts Receivable Investment Earnings and Scholarship Interest Receivable, Net
$4,384,776 $3,505,580
Contributions and Pledges Administrative Fee Income
$1,701,471 $5,740,126
$2,500 $19,409
$2,258 $26,419
6.34%
5.31%
6.00%
$418,026 $362,173
3.52%
3.21%
.96%
.10%
Investment Return, Net
$4,118,313 $3,672,454
Prepaid Expenses Scholarship Loans Receivable, Net
$7,420 $29,775
$7,438 $42,097
Scholarship Loan Related Income
$3,313
$10,115
Q1 2019
Q2 2019 Q3 2019 Q4 2019 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021
Forgiveness of PPP loan
$48,700
Investments
$35,381,673 $32,945,153
Change in Value of Split- Interest Agreements
$55,042
$66,098
Property & Equipment, Net Building and Improvements Office and Computer Equipment
$6,344,865 $9,850,966
$385,354 $375,695
-9.25%
EXPENSES: Program Services
$46,215
$44,636
$2,195,242 $1,733,500 $708,056 $847,831 $93,031 $110,608 $2,996,329 $2,691,939
-14.07%
Management & General
$431,569
$420,331
Fundraising
Less Accumulated Depreciation
$294,502 $281,399
$137,067 $138,932
Change in Net Assets Net Assets at the Beginning of the Year Net Assets at the End of the Year
$3,348,536 $7,159,027 $36,081,957 $28,922,930
Land
$96,625
$96,625
Total Property and Equipment TOTAL ASSETS
$233,692 $235,557
Total Amount of Gifts Received
$39,430,493 $36,081,957
Asset Size
$40,059,245 $36,764,502
Asset Size
2011 2012 2013 2014 2015 2016
$1,396,499 $1,194,939 $1,443,337 $1,787,254 $2,342,271
50 Mil 40 Mil 30 Mil 20 Mil 10 Mil
LIABILITIES & NET ASSETS:
2021
2020
Accounts Payable Grants Payable Accrued Expenses Long-Term Debt Annuity Reserves Agency Funds
$21,628 $5,799 ,899 $101,704 $117,901
- -
$5,752 $48,700 $47,104
$7,775
$497,645 $457,289
$1,669,338 2017 $2,442,622 2018 $3,543,033 2019 $2,289,302 2020 $5,740,126 2021 $1,699,271
Total Liabilities
$628,752
$682,545
NET ASSETS: Without Donor Restrictions With Donor Restrictions
$1,047,356 $1,047,224 $38,383,137 $35,034,733 $39,430,493 $36,081,957
2020 2021 2011 2012 2013 2014 2015 2016 2017 2018 2019 2014 2016 2017 2019 2020 2021 2015 2011 2012 2013
Total Net Assets TOTAL LIABILITES & ASSETS
$40,059,245 $36,764,502
ACTS students present check to Vanessa Bills for Night to Shine.
14 2021 Annual Report
15 2021 Annual Report
15
Community Foundation of Whitley County
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