20212020
Total Assets1$231,278,703$163,110,259
Operating Expenses2$3,007,677$3,277,723
Operating Expenses
as a Percentage of Total Assets
$1.3%$2.0%
Net Contributions$24,025,871$30,306,607
Distributions$17,237,531$9,554,142
  1. Includes trust assets owned by Bank of America for which the Community Foundation provides grantmaking services.
  2. Does not include investment management fees.

ASSETS20212020
Cash and money market funds$7,270,904$6,981,633
Investments$217,255,840$149,570,884
Assets held under charitable trusts$3,379,184$3,028,041
All other assets$3,372,775$3,529,701
Total Assets$231,278,703$163,110,259

LIABILITIES20212020
Accounts payable and accrued expenses$202,501$193,759
Grants payable$8,000$864,280
Liabilities under unitrust agreements$1,585,465$1,551,356
Agency funds$21,811,516$16,356,542
Total Liabilities$23,607,482$18,965,937

NET ASSETS20212020
Without donor restrictions-undesignated$51,562,628$34,600,563
Without donor restrictions-Board designated$1,627,537$1,250,231
With donor restrictions$154,481,057$108,293,528
Total Net Assets$207,671,221$144,144,322

Total Liabilities and Net Assets$231,278,703$163,110,259