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Financial
Statements
2008

EiF is a qualified not-for-profit private foundation. Copies of our tax
form 990-PF are available upon request for a small photocopying fee.
Summary
of Financial Activities
for the Year Ended December 31, 2008
Revenue
Interest, dividends & other |
 |
$(1,460,038) |
 |
|
Total
Revenue |
 |
|
 |
$(1,460,038) |
Operating Expenses
Grants and contributions |
 |
223,998 |
 |
|
Administrative
and grant support |
 |
115,798 |
 |
|
Investment
Fees |
 |
107.792
|
 |
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Total
Expenses |
 |
|
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$447,588 |
Increase in Net
Assets |
 |
|
 |
$(1,907,626) |
Fund Balance,
beginning of the year |
 |
|
 |
$7,059,951 |
| Fund
Balance, end of year |
 |
|
 |
$5,152,325 |
Statement
of Assets at December 31, 2008
Assets
Cash |
 |
$ 960,179 |
 |
|
Investments |
 |
4,222,699 |
 |
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Other
Assets |
 |
2,200 |
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Total
Assets |
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$5,185,078 |
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