giving. caring. sharing. growing. - Community Foundation for the ...

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3 FINANCIAL STATEMENTS STATEMENT OF ACTIVITIES FOR THE YEAR ENDED JUNE 30, 2011 UNRESTRICTED NET ASSETS Support and revenue: Contributions $390,282 Investment return 3,704,306 Gain (loss) on disposal of property and equipment (4,304) Other 25,601 Total unrestricted revenues and gains 4,115,885 Net assets released from restrictions 14,045 Total support and revenue 4,129,930 EXPENSES Program services Grants 863,702 Other program expenses 40,342 Supporting services General and administrative 206,949 Fundraising 11,056 Total expenses 1,122,049 Increase in unrestricted net assets 3,007,881 TEMPORARILY RESTRICTED NET ASSETS Contributions and grants 90,000 Investment return 0 Net assets released from restrictions (14,045) Increase in temporarily restricted net assets 75,955 PERMANENTLY RESTRICTED NET ASSETS Contributions 14,500 Investment return 0 Increase in permanently restricted net assets 14,500 INCREASE IN NET ASSETS 3,098,336 NET ASSETS AT BEGINNING OF YEAR 20,281,327 NET ASSETS AT END OF YEAR $23,379,663 report to the community cf11
ASSETS FINANCIAL STATEMENTS STATEMENT OF FINANCIAL POSITION JUNE 30, 2011 Cash and cash equivalents $771,331 Investments at fair market value Bonds (fixed income) 8,487,800 Equities 16,335,960 Rental real estate Property and equipment, net of accumulated 567,835 25,391,595 depreciation of $13,565 and $15,676, respectively 28,156 TOTAL ASSETS 26,191,082 LIABILITIES AND NET ASSETS Liabilities Accounts payable and accrued expenses $2,162 Accrued payroll taxes 2,897 Other Liabilities 7,108 Funds held in trust for nonprofit organizations 2,799,252 TOTAL LIABILITIES 2,811,419 NET ASSETS Unrestricted $20,186,318 Temporarily restricted 78,847 Permanently restricted 3,114,498 TOTAL NET ASSETS 23,379,663 TOTAL LIABILITIES & NET ASSETS $26,191,082 report to the community cf11 4
Page 1 and 2: cf11 report to the community giving
Page 3: Dear Friends, Nearly 40 years ago,
Page 7 and 8: Focus on Education The CFOV had the
Page 9 and 10: Ohio Valley Junior Golf Academy Fun
Page 11 and 12: fund gifts MEMORIAL GIFTS IN 2011 W
Page 13 and 14: fund gifts Richard K. Ferguson Donn
Page 15 and 16: fund gifts St. Clairsville Library
Page 17 and 18: Leora & Mildred LaRue Memorial Scho
Page 19 and 20: grants & distributions TYPE AND AMO
Page 21 and 22: grants & distributions TYPE AND AMO
Page 23 and 24: trustees, committees, staff & trust

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