20222021
Total Assets1$263,677,089$231,278,703
Operating Expenses2$3,429,244$3,007,677
Operating Expenses
as a Percentage of Total Assets		1.3%1.3%
Net Contributions$38,420,759$24,025,871
Distributions$14,946,433$17,237,531
  1. Includes trust assets owned by Bank of America for which the Community Foundation provides grantmaking services.
  2. Does not include investment management fees.
ASSETS20222021
Cash and money market funds$14,139,067$7,270,904
Investments$240,737,421$217,255,840
Assets held under charitable trusts$3,118,738$3,379,184
All other assets$5,681,863$3,372,775
Total Assets$263,677,089$231,278,703
LIABILITIES20222021
Accounts payable and accrued expenses$239,394$202,501
Grants payable$1,012,413$8,000
Liabilities under unitrust agreements$1,364,953$1,585,465
Agency funds$23,351,155$21,811,516
Total Liabilities$25,967,915$23,607,482
NET ASSETS20222021
Without donor restrictions-undesignated$71,129,913$51,562,627
Without donor restrictions-Board designated$1,657,994$1,627,537
With donor restrictions$164,921,267$154,481,057
Total Net Assets$237,709,174$207,671,221
Total Liabilities and Net Assets$263,677,089$231,278,703