2017 Financial Report

Statement of Financial Position

(As of December 31, 2017)

Assets

Investments at Market Value  $116,111,392
Pledges, Gifts, Other Receivables + $13,764,069
Total Assets  $129,875,461
Less: Liabilities  $1,585,556
Total Net Assets  $128,289,905

 

Restricted Funds $55,788,438
Unrestricted Funds + $72,501,467

Total Net Assets

$128,289,905

Statement of Activities

(As of December 31, 2017)

Revenues and Gains

Contributions Income $14,235,308
Investment Income and Gains + $17,590,001
Total Revenues and Gains $31,843,309

Distributions and Expenses

Distributions to the Frederik Meijer Gardens $4,358,450
Other Expenses + $97,298
Total Distributions and Expenses $4,455,748

Increase to Net Assets

$27,387,561