Statement of Activities
For the year ended December 31, 2015

SUPPORT AND REVENUE – OPERATING:

Interest and dividends from investments$ 1,892,692
Interest from program-related investments60,757
Realized gains on investments7,038,249

TOTAL REVENUE AND SUPPORT – OPERATING8,991,698

EXPENSES – OPERATING:

Grants (Note B)5,046,941
Program and administrative expenses585,307
Investment advisory fees473,592
Federal excise taxes75,766
Depreciation and amortization565

TOTAL EXPENSES – OPERATING6,182,171

Change in Net Assets – Operating2,809,527

Nonoperating Activites (Note B)(4,600,972)

CHANGE IN NET ASSETS:(1,791,445)

Net Assets – Beginning of Year98,790,653

Net Assets – End of Year$ 96,999,208

Statement of Financial Position
  For the year ended December 31, 2015

ASSETS:

Cash and cash equivalents (Notes B and D)$ 7,401,942
Investments (Notes B and C)86,685,647Investment income receivable179,358
Program related investments (Note E)2,675,000
Prepaid expenses75,441
Property and equipment, net (Notes B and F)11,572Security deposits11,292

TOTAL ASSETS97,040,252

LIABILITIES:

Accounts payable and accrued expenses41,044

TOTAL LIABILITIES41,044

COMMITMENTS AND CONTINGENCIES (Note G)

NET ASSETS:

Unrestricted96,999,208

TOTAL NET ASSETS96,999,208

TOTAL LIABILITIES AND NET ASSETS$97,040,252

This information is summarized from the van Ameringen Foundation’s financial statements, which were audited by Lederer, Levine & Associates, LLC