Distributed $1,496,908, 6.55% of assets, to 112 grantees Earned $2,841,155 on investments (12.77%) Year-end assets totaled $23,489,253 Spent 0.36% of assets on administration

The Foundation’s investments earned $1,234,438 in 2016, a net investment return of 5.52%.  Grants made totaled $1,188,721 or 5.32% of starting assets. Administrative expenses were 0.15% of assets.

Due to market weakness the Foundation portfolio contracted 12.9% in 2015 and dispensed $909,159 in grants and direct contributions to 501c3 organizations.

The Foundation earned 10.1% on its portfolio in 2014 and dispensed $1.54 million in grants and direct contributions to 501c3 organizations.