WESTERN COLORADO COMMUNITY FOUNDATION
WESTERN COLORADO COMMUNITY FOUNDATION
WESTERN COLORADO COMMUNITY FOUNDATION
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Statement of Financial PositioN (12/31/08)<br />
Assets<br />
Cash $ 117,738<br />
Current unconditional promises to give 46,600<br />
Accounts receivable 3,574<br />
Investments $ 9,538,769<br />
Equipment 4,611<br />
Long-term unconditional promise to give 179,100<br />
TOTAL ASSETS $ 9,890,392<br />
Liabilities<br />
Accounts payable $ 18,742<br />
Funds held as agency endowments 642,734<br />
TOTAL LIABILITIES $ 661,476<br />
Net Assets<br />
Unrestricted net assets $ 8,873,329<br />
Temporary restricted net assets 355,587<br />
TOTAL NET ASSETS $ 9,228,916<br />
Donor-advised 33 %<br />
Scholarships 32 %<br />
Designated 14 %<br />
Agency 7 %<br />
Field of Interest 5 %<br />
Unrestricted 5 %<br />
Administrative 3 %<br />
Geographic Area 1 %<br />
This summary Statement of<br />
Financial Position is taken<br />
from an independent audit for<br />
2008.<br />
If you would like to see the full<br />
audit, please contact our office.<br />
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