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Financial Report.pdf

2017-Audit-Report-William-T.-Grant-Foundation.pdf
Preview of Financial Report
🔗 Source: wtgrantfoundation.org
📊 Size: 110 KB
👤 Author: clawrence
⬇️ Downloads: 146

Summary

Assets: $351,404,107 (2017) and $322,321,804 (2016)
 Liabilities: $18,529,100 (2017) and $17,143,371 (2016)
Net Assets: $332,875,007 (2017) and $305,178,433 (2016)
 Revenue: $3,705,546 (2017) and $4,455,051 (2016)
Expenses: $17,993,335 (2017) and $17,596,395 (2016)
 Net Realized and Unrealized Gains: $42,485,309 (2017) and $24,700,880 (2016)
Change in Net Assets: $27,696,574 (2017) and $11,378,567 (2016)
 Cash Flows from Operating Activities: -$15,175,174 (2017) and -$12,937,915 (2016)

Independent Auditors' Report:
The financial statements present fairly, in all material respects, the financial position of the William T. Grant Foundation, Inc. as of December 31, 2017 and 2016, and the changes in its net assets and its cash flows for the years then ended, in conformity with accounting principles generally accepted in the United States of America.

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Description

The William T. Grant Foundation's financial statements for 2017 and 2016 were audited by PKF O'Connor Davies, LLP. The audit covered statements of financial position, activities, and cash flows. The foundation's management is responsible for the financial statements.

Technical Information

  • File Format: PDF
  • File Size: 110 KB
  • Pages: 17
  • Language: EN
  • Author: clawrence
  • Total Downloads: 146
  • Last Updated: 3 weeks ago

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