Financial Activities
THE MONTICELLO COLLEGE FOUNDATION
Statement Of Activities
For the Year Ended June 30, 2023
Support and Revenue:
| Net Investment Return |
1,232,534 |
| Royalty Income |
11 |
| Other Income |
49 |
| Gifts and Bequests |
25,110 |
| Total Support and Revenue |
2,257,704 |
Expenses:
| Program Grants |
685,049 |
| Salaries |
27,000 |
| Payroll Taxes |
2,066 |
| Professional Fees |
5,150 |
| Insurance |
2,032 |
| Office Expense |
2,842 |
| Telephone Expense |
127 |
| Depreciation |
19 |
| Other Expenses |
2,593 |
| Total Expenses |
726,878 |
| Change in Net Assets |
530,826 |
| Net Assets as of Beginning of Year |
$14,075,071 |
| Net Assets as of End of Year |
$14,605,897 |
