We received contributions totaling: 

Gifts of Cash

Investment Dividends and Interest

Net Realized/Unrealized Gain on Investment Sales

Rental Income

Which resulted in total revenues of: 

We distributed: 

Program and Fundraising Costs

Student Grants and Scholarships

Administrative Expenses

Investment Fiduciary Fees

Write off of uncollectable gifts

Which resulted in total expenditures of: 

Net Income: 

When combined with our Fund Balance from December 31,2012 

Resulting in a new Fund Balance at December 31, 2012 

The December 31, 2012 Fund Balance is represented by: 

Cash of:

Investments at Fair Market Value of:

Art Collections, Piano, SAC  Net of Depreciation

Accounts Payable

Beneficial Interest in Perpetual Trust

Pledge Receivable

Resulting in Total Assets on December, 2012