Annual Report 2011-2012 - Tri Delta

FinancialsStatement of Revenue & Expenses2011-20122011-2012Foundation Income Unrestricted Restricted TotalContributions 629,020 151,891 780,911Investment Losses (15,350) (88,871) (104,221)Net Assets Released from Restrictions 368,107 (368,107) –Total revenue, gains and support 981,777 (305,087) 676,690Foundation Assets & Liabilities2011-2012AssetsCash & Cash Equivalent Investments 397,864Accounts Receivable 1,947Marketable Securities 7,636,170Pledges receivable 45,113Total Assets 8,081,094Foundation Expenses / GrantsProgram Related Expenses & GrantsScholarships 164,512 – 164,512Crescent Funds 267,574 – 267,574Educational Grants 265,417 – 265,417Total Program Related Expenses & Grants 697,503 – 697,503General / Administrative Expenses 96,335 – 96,335Fundraising Expenses 111,396 – 111,396Total Expenses/Grants 905,234 – 905,234Liabilities and Net AssetsTotal Liabilities 4,459Unrestricted Net Assets 1,268,431Temporarily Restricted Net Assets 2,665,095Permanently Restricted Net Assets 4,143,109Total Fund Balance 8,076,635Total Liabilities & Fund Balance 8,081,094Financial information represents the Delta Delta Delta Foundation's fiscal year of August 1, 2011 through July 31, 2012.Financial statements are audited annually by PSK LLP, an independent accounting firm based in Arlington, Texas.Program Expenses and Grants include grants and scholarships funded by restricted gifts and endowments, in addition to those fundedby unrestricted donations as required by accounting standards. THE COST TO RAISE A DOLLAR IN 2011-2012 WAS $0.14.