|
Statement of Avtivities
|
For the
years ended December 31, |
|
1998 |
|
1997 |
 |
|
|
|
|
|
|
|
Revenues,
(loss) and other support |
|
|
|
|
|
Net unrealized
(loss) gain on investments (Note 1) |
|
$ (15,551,984) |
|
$ 21,281,612 |
|
Dividend income
(Note 1) |
|
2,364,734 |
|
3,908,509 |
|
Interest income
(Note 1) |
|
2,110,785 |
|
1,840,590 |
|
Net realized gains
on sales of investments (Note 1) |
|
1,083,124 |
|
268,852 |
|
Contributions and
other income |
|
453,595 |
|
1,354,461 |
|
|
|
|
|
|
|
|
Total
revenues, (loss) and other support |
|
(9,539,746) |
|
28,654,024 |
|
|
|
|
|
|
|
|
Expenses |
|
|
|
|
|
Program
services |
|
|
|
|
|
Environment |
|
3,303,652 |
|
- |
|
Population |
|
2,068,171 |
|
1,661,338 |
|
Outreach
and education |
|
524,525 |
|
- |
|
Poverty
alleviation |
|
450,000 |
|
- |
|
Consumption |
|
200,000 |
|
- |
|
Other |
|
151,583 |
|
499,308 |
|
Institutional
reform |
|
- |
|
1,072,616 |
|
Economics |
|
- |
|
570,706 |
|
Ecology |
|
- |
|
269,240 |
|
Supporting
services |
|
|
|
|
|
Management
and general |
|
1,241,480 |
|
1,220,899 |
|
|
|
|
|
|
|
|
Total
expenses |
|
7,939,411 |
|
5,294,107 |
|
|
|
|
|
|
|
|
(Decrease)
increase in unrestricted net assets |
|
(17,479,157) |
|
23,359,917 |
|
|
|
|
|
|
|
Unrestricted
net assets, beginning of year |
|
126,011,419 |
|
102,651,502 |
|
|
|
|
|
|
|
|
Unrestricted
net assets, end of year |
|
$ 108,532,262 |
|
$126,011,419 |
|
See accompanying summary of accounting policies
and notes to financial statements.
|
