Understanding Your Statement
Additions • Contributions: Gifts and pledges added to your Fund. • Other Income: Earnings and distributions from illiquid assets such as partnership interest, unregistered stocks, real estate or other real assets. • Net Investment Income: Dividends, interest, realized and unrealized gains (losses) net of investment management fees. Disbursements • Grants: Approved and pending distributions to grant recipients. • Other Expenses: General and administrative expenses incurred, such as legal, accounting or appraisal fees, printing expenses, supplies, etc. • Administrative Fees: Greater Houston Community Foundation's fee for administering your Fund. Illiquid Components • Pledges Receivable: Assets represented by unfulfilled written promises to pay a contribution to the fund. • Non-marketable Securities: Securities that are not registered with the Securities and Exchange Commission that have limited marketability. • Other Restricted Balances: Other illiquid assets such as land and buildings. Detail of Contributions and Grants This section details all your contributions into the fund and all the grants out of the fund. A pie chart summarizes your grants for the period of the statement according to the primary category of the grant recipient according to the National Center for Charitable Statistics. Investment Portfolio Summary This section of the statement details the current investment allocation of your fund by pool and provides a pie chart representing this information. We hope that you find this beneficial as you review your statement. If you have any questions, please call our Donor Services Department at (713) 333-2210. We appreciate your continuing support of the Community Foundation. |