|
Statement of Avtivities
|
For the
years ended December 31, |
|
1999
(Unaudited) |
|
1998 |
 |
|
|
|
|
|
|
|
Revenues,
(loss) and other support |
|
|
|
|
|
Net realized gains
on sales of investments (Note 1) |
|
$ 22,355,992 |
|
$ 1,083,124 |
|
Contributions and
other income |
|
7,582,000 |
|
453,595 |
|
Interest income
(Note 1) |
|
3,529,731 |
|
2,110,785 |
|
Net unrealized
(loss) gain on investments (Note 1) |
|
3,931,554 |
|
(15,551,984) |
|
Dividend income
(Note 1) |
|
2,149,457 |
|
2,364,734 |
|
|
|
|
|
|
|
|
Total
revenues, (loss) and other support |
|
39,548,734 |
|
(9,539,746) |
|
|
|
|
|
|
|
|
Expenses |
|
|
|
|
|
Program services |
|
|
|
|
|
Environment |
|
1,944,500 |
|
3,303,652 |
|
Population |
|
1,812,000 |
|
2,068,171 |
|
Outreach
and education |
|
760,000 |
|
524,525 |
|
Other |
|
328,638 |
|
151,583 |
|
Consumption |
|
131,758 |
|
200,000 |
|
Poverty
alleviation |
|
- |
|
450,000 |
|
Supporting
services |
|
|
|
|
|
Management
and general |
|
2,681,006 |
|
1,241,480 |
|
|
|
|
|
|
|
|
Total
expenses |
|
7,657,902 |
|
7,939,411 |
|
|
|
|
|
|
|
|
Increase
(decrease) in unrestricted net assets |
|
31,890,832 |
|
(17,479,157) |
|
|
|
|
|
|
|
Unrestricted
net assets, beginning of year |
|
108,532,262 |
|
126,011,419 |
|
|
|
|
|
|
|
|
Unrestricted
net assets, end of year |
|
$140,423,094 |
|
$108,532,262 |
|
See accompanying summary of accounting policies, notes to
financial statements
and independent accountants' review report.
|
