HOUSATONIC COMMUNITY COLLEGE FOUNDATION

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From the 2005-2006 Annual Report

Revenue and Expenses
Fiscal Year Ending June 30, 2006

Unrestricted

Temporarily Restricted

Permanently Restricted

Total

Revenue and Support

 

Contributions

$74,446

$315,462

$2,909

$392,817

 

Interest and dividends

21,070

 

 

21,070

 

Realized and unrealized gain on investments

32,270

 

 

32,270

 

Fund raising events

38,405

 

 

38,405

 

Net assets released from restrictions

249,952

( 249,952)

                  

                  

Total revenue and support

416,143

65,510

  2,909

484,562

 

Expenses

 

Scholarships and awards

93,675

 

 

93,675

 

Programs

133,531

 

 

133,531

 

Museum

42,712

 

 

42,712

 

Management and general

64,000

 

 

64,000

 

Fund raising events

24,941

 

 

24,941

 

Other fund raising

19,518

                  

                  

19,518

 

Change in value of charitable gift annuity

5,171

                  

                  

5,171

Total Expenses

383,548

                  

                  

383,548

Change in net assets

32,595

65,510

2,909

101,014

Net assets, beginning

283,636

46,862

279,189

609,687

Net assets, ending

$316,231

$112,372

$282,098

$710,701


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