Financial Statement
December 31, 2007
December 31, 2007
| Assets | 2007 Market Value |
| Managed Assets | $17,083,754 |
| Equity Mutual Funds | 917,020 |
| Fixed Income Mutual Funds | 624,450 |
| Fixed Income Assets | 910,960 |
| Cash & Cash Equivalents | 994,383 |
| Total Assets | $20,530,567 |
Statement of Revenue & Disbursements
January 1, 2007 - December 31, 2007
January 1, 2007 - December 31, 2007
| Income: | |
| Interest & Dividends | $883,569 |
| Net Gain from Sale of Assets | 1,567,053 |
| Total Income | $2,450,622 |
| Disbursements from Income: | |
| Grants Paid | $1,121,500 |
| Business Taxes | 6,327 |
| Operating and Administrative Expenses | 14,691 |
| Total Disbursements | $1,142,518 |
| Net Income | $1,308,104 |