2009 ANNUAL REPORT - Community Foundation of Howard County

Comparative Condensed Statement of Activities
December 31, 2009 and December 31, 2008
Revenues and Gains
Current Endowment Total Total
Fund Fund 2009 2008
Gifts - Howard County 41,530 1,125,778 1,167,308 1,365,128
Gifts - Carroll County 31,663 73,248 104,911 182,900
Gifts - Clinton County 6,000 172,166 178,166 134,239
Contribution-Revocable Trust
Special Events Income 3,250
Rental Income 57,399 57,399 58,080
Gain (Loss)-Disposal of Assets (4,461) (4,461) (22,832)
CRT-Change in Value (94,789) (94,789) (148,838)
Return of Unused Grants 9,813 9,813 26,164
Interfund Grants 74,232 (74,232)
Interfund Transfers 3,200 (3,200)
Administrative Fees 283,130 283,130 298,176
Investment Earnings 71,475 812,246 883,721 1,477,333
Investment Gains (Losses) 5,524,638 5,524,638 (11,304,304)
Transfer of CRT to Endowed Fund 134,357 134,357 48,026
Total Revenues and Gains 506,769 7,737,424 8,244,193 (7,882,678)
Grants and Expenses
Grants - Howard County 327,942 327,942 444,988
Grants - Clinton County 466,844 466,844 492,190
Grants - Carroll County 39,383 39,383 51,017
Program 194,313 11,649 205,962 285,082
General and Administrative 144,490 144,490 141,244
Fundraising 159,437 27,719 187,156 199,991
Administrative Fees 275,474 275,474 289,807
Total Grants and Expenses 498,240 1,149,011 1,647,251 1,904,319
Change in Net Assets 8,529 6,588,413 6,596,942 (9,786,997)
Net Assets
Net Assets
at Beginning of Year 1,905,208 29,486,136 31,391,344 41,178,341
Net Assets at End of Year 1,913,737 36,074,549 37,988,286 31,391,344
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