Annual Report 2020

2020 Grant Payments By Category

Proportions of Expenses
(Cash Basis, $'s in Millions)

Grants Paid

Program

Management and General

Capital Expenditures

350
300
250
200
150
100
50
0
294.2
81.9
67.6
10.1
2020
296.0
96.3
44.3
17.0
2019

Balance Sheet
(Unaudited, in $)

Assets

As of 12/31/20

As of 12/31/19

Cash and Cash Equivalents

Investments

Property and Equipment, Net

Prepaid Expenses and Other

Total Assets

111,229,686

3,696,277,248

503,455,245

13,870,166

4,324,832,345

151,891,664

3,427,506,267

417,989,136

20,177,353

4,017,564,420

Liabilities

Accounts Payable

Grants Payable

Mortgage and Lease Liabilities

Deferred Excise Tax Liability

Total

5,311,932

655,524,912

344,069,407

15,879,742

1,020,785,993

24,624,706

541,966,747

265,080,200

15,879,742

847,551,395

Net Assets

Beginning Net Assets

Current Year Change in Net Assets

Total

3,170,013,025

134,033,327

3,304,046,352

2,851,378,253

318,634,772

3,170,013,025

Total Liabilities and Net Assets

4,324,832,345

4,017,564,420

Income Statement
(Unaudited, in $)

Revenue

For the Year Ended
12/31/20

For the Year Ended
12/31/19

Contributions

Investment Income

Rental Income

Total

718,901,935

3,983,672

722,885,607

120,000,000

685,775,651

805,775,651

Expenses

Program

Management and General

Total

527,959,943

60,892,337

588,852,280

446,040,800

41,100,079

487,140,879

Change in Net Assets

134,033,327

318,634,772

Balance Sheet
(Unaudited, in $)

As of 12/31/20

Assets

As of 12/31/19

111,229,686

3,696,277,248

503,455,245

13,870,166

4,324,832,345

Cash and Cash Equivalents

Investments

Property and Equipment, Net

Prepaid Expenses and Other

Total Assets

151,891,664

3,427,506,267

417,989,136

20,177,353

4,017,564,420

Liabilities

5,311,932

655,524,912

344,069,407

15,879,742

1,020,785,993

Accounts Payable

Grants Payable

Mortgage and Lease Liabilities

Deferred Excise Tax Liability

Total

24,624,706

541,966,747

265,080,200

15,879,742

847,551,395

Net Assets

3,170,013,025

134,033,327

3,304,046,352

Beginning Net Assets

Current Year Change in Net Assets

Total

2,851,378,253

318,634,772

3,170,013,025

4,324,832,345

Total Liabilities and Net Assets

4,017,564,420

Income Statement
(Unaudited, in $)

For the Year Ended
12/31/20

Revenue

For the Year Ended
12/31/19

718,901,935

3,983,672

722,885,607

Contributions

Investment Income

Rental Income

Total

120,000,000

685,775,651

805,775,651

Expenses

527,959,943

60,892,337

588,852,280

Program

Management and General

Total

446,040,800

41,100,079

487,140,879

134,033,327

Change in Net Assets

318,634,772