20192018
Total Assets1$176,813,783$172,755,033
Operating Expenses2$2,861,820$2,588,706
Operating Expenses
as a Percentage of Total Assets
$1.6%$1.5%
Gross Contributions$12,732,888$11,767,540
Distributions3$9,479,746$9,765,752
  1. Includes trust assets owned by Bank of America for which the Community Foundation provides grantmaking services.
  2. Does not include investment management fees.
  3. Includes grants from trust assets owned by Bank of America for which the Community Foundation provides grantmaking services.

ASSETS20192018
Cash and money market funds$5,383,763$4,829,928
Investments$140,990,956$134,077,529
Assets held under charitable trusts$3,460,507$3,269,077
All other assets$3,361,962$3,951,293
Total Assets$153,197,188$146,127,827

LIABILITIES20192018
Accounts payable and accrued expenses$172,399$233,306
Liability under unitrust agreements$1,783,449$1,738,675
Agency funds$15,879,797$10,095,315
Total Liabilities$17,835,645$12,067,296

NET ASSETS20192018
Without donor restrictions-undesignated$36,380,933$35,775,917
Without donor restrictions-Board designated$1,354,253$1,456,446
With donor restrictions$97,626,357$96,828,168
Total Net Assets$135,361,543$134,060,531

Total Liabilities and Net Assets$153,197,188$146,127,827