|
March 29, 2008
|
| Madison
Community Foundation |
|
|
|
|
| Summary
Financial Statements |
|
| January
1 - December 31, 2007 |
|
| |
| Balance
Sheet as of December 31, 2007 |
|
| |
| |
Total
Assets |
402,782.76 |
|
| |
|
|
| |
Total
Equity |
402,782.76 |
|
| |
|
|
| |
|
|
| Statement
of Changes in Net Assets |
|
|
|
| January
1 - December 31, 2007 |
|
|
|
| |
|
|
| Support
& Revenue |
|
|
|
| |
Total
Contributed Support |
126,510.63
|
| |
Total
Earned Revenues |
|
7,833.48
|
|
Total Support & Revenue |
|
|
134,344.11
|
| |
|
| Expenses |
|
|
| |
Program
Expenses |
|
10,519.91
|
| |
Awards
& Grants |
|
123,852.06
|
|
Total Program Expenses |
|
134,371.97
|
| |
|
|
Total Management & Other Expenses |
|
20,139.84
|
|
Total Expenses |
|
154,511.81
|
| |
|
|
Unrealized Gain on Investments |
|
18,263.69
|
| Change
in Net Assets |
|
(1,904.01) |
|
|
|
|
|
|