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Financials

The cover photo was taken in the Flint Hills north of Strong City by Arthur H. Davis and has been reprinted with his permission.
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Statement of Financial Position - June 30, 2018

Assets 
Cash and investments
$89,385,876
Property, fixed assets and other assets
$3,116,865
Total assets
$2,502,741
  
Liabilities and Net Assets 
Accounts payable and accrued expenses
$455,031
Grants payable
$2,542,554
Total liabilities
$2,997,585
  
Unrestricted net assets
$89,505,156
Total net assets
$89,505,156
  
Total liabilities and net assets
$92,502,741
  

Statement of Activities and Change in Net Assets - Year Ended June 30, 2018

Support and Revenue 
Investment income, net of expenses$6,323,690
Total income$6,323,690

Grants and Expenses
 
Grant awards$2,346,798
Grant awards (refunds/adjustments)($29,907)
Special initiatives$1,115,769
Program and general administrative expenses$858,018
Total grants and expenses$4,250,678
Change in net assets  $2,073,012
  
Net assets, beginning of fiscal year$87,432,144
Net assets, end of fiscal year$89,505,156


The above amounts are from the foundation's fiscal year 2018 audited financial statements.
A copy of the foundation's audited financial statements is available upon request.