Financial Activities
THE MONTICELLO COLLEGE FOUNDATION
Statement Of Activities
For the Year Ended June 30, 2024
Support and Revenue:
| Net Investment Return |
2,120,736 |
| Gifts and Bequests |
19,584 |
| Total Support and Revenue |
2,140,320 |
Expenses:
| Program Grants |
719,156 |
| Salaries |
27,000 |
| Payroll Taxes |
2,066 |
| Professional Fees |
5,495 |
| Insurance |
2,011 |
| Office Expense |
1,603 |
| Telephone Expense |
127 |
| Depreciation |
19 |
| Other Expenses |
3,410 |
| Total Expenses |
770,873 |
| Change in Net Assets |
1,379,447 |
| Net Assets as of Beginning of Year |
$14,605,897 |
| Net Assets as of End of Year |
$15,985,344 |
