|
|
FINANCIALS
Statement of Financial Position
June 30, 2008
| Cash and cash equivalents |
$ |
1,208,543 |
| Marketable securities |
|
18,829,841 |
| Accrued interest & dividend receivable |
|
15,635 |
| Other receivable |
|
3,426 |
|   |
Total assets |
$ |
20,057,445 |
| Liabilities: |
|
|
| |
Accrued expenses |
$ |
27,808 |
| |
Deferred tax liability |
|
8,054 |
|   |
Total liabilities |
|
35,862 |
| Net assets: |
|
|
| |
Unrestricted |
|
20,021,583 |
| |
Total net assets |
|
20,021,583 |
| |
Total liabilities and net assets |
$ |
20,057,445 |
|