2010 Annual Report - The Sierra Club Foundation
2010 Annual Report - The Sierra Club Foundation
2010 Annual Report - The Sierra Club Foundation
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December 31, <strong>2010</strong> and 2009<br />
<strong>2010</strong> 2009<br />
Revenues, Gains & Other Support<br />
Contributions $ 40,944,626 $ 34,217,380<br />
Contributions related to split-interest agreements 203,372 1,019,288<br />
Bequests 7,739,089 3,661,661<br />
Total Contributions 48,887,087 38,898,329<br />
Net gains from investments 5,134,121 6,511,054<br />
Interest and dividends 1,721,436 1,606,404<br />
Net change in value of split-interest agreements 275,981 600,116<br />
Other income (loss) 90,065 142,284<br />
Total Revenues, Gains & Other Support 56,108,690 47,758,187<br />
Expenses<br />
Program services<br />
Support services:<br />
47,653,449 41,016,345<br />
Administrative 1,041,539 867,675<br />
Fundraising 4,226,616 4,097,851<br />
Total Expenses 52,921,604 45,981,871<br />
Change in net assets 3,187,086 1,776,316<br />
Net assets, beginning of year 88,509,397 86,733,081<br />
Net assets, end of year $ 91,696,483 $ 88,509,397<br />
<strong>The</strong> <strong>Sierra</strong> <strong>Club</strong> <strong>Foundation</strong> Summary of Expenses <strong>2010</strong><br />
90%<br />
8%<br />
2%<br />
Programs, Grants & Services<br />
Fundraising<br />
Administrative<br />
ANNUAL REPORT <strong>2010</strong> | THE SIERRA CLUB FOUNDATION<br />
<strong>2010</strong> fi nancial information<br />
is unaudited. 2009 fi nancial<br />
information has been<br />
extracted from <strong>The</strong> <strong>Sierra</strong><br />
<strong>Club</strong> <strong>Foundation</strong>’s audited<br />
fi nancial statements, on<br />
which an independent<br />
public accounting fi rm<br />
expressed an unqualifi ed<br />
opinion. To view the<br />
complete audited fi nancial<br />
statements, please visit<br />
www.tscf.org or contact<br />
<strong>The</strong> <strong>Sierra</strong> <strong>Club</strong> <strong>Foundation</strong>.<br />
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