Foundation Results, 2016

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.
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.
The Foundation earned 29.1% on its portfolio in 2013 and dispensed $1.1 million in grants and direct contributions to 501c3 organizations.
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