Year-end Financial Statements
Financial information presented here reflects the audited
Financial Statements for the fiscal years ended December 31, 2010
and December 31, 2009.
In 2010 AAACF's Investment portfolio realized a 13.6% gain.
ASSETS
Total Assets December 31, 2010 $ 58,669,132
Total Assets December 31, 2009 $ 47,799,053
REVENUES, GAINS, AND SUPPORT
Gifts and Pledges $ 8,237,548
Investment Income $ 665,726
Net Appreciation on Investments - Realized and Unrealized $ 4,734,958
Change in Value of Liability to Life Beneficiary $ 43,055
Other Income $ 7,211
Total Revenues, Gains, and Other Support $ 13,688,498
EXPENDITURES
Grants and Scholarships $ 1,696,600
Investment Fees $ 149,789
Administrative Expenses $ 899,089
Total Expenditures $ 2,745,478
CHANGE IN FUND BALANCES $10,943,020
The Community Foundation's auditor, Plante & Moran, PLLC has issued an unqualified opinion on these statements.
- To download a copy of the 2010 Audit and Financial Report
- To download a copy of the 2010 Federal 990/990T Tax Return
- To download a copy of the 2009 Audit and Financial Report.
If you would like further information, please contact AAACF's COO
Neel Hajra or call us at (734) 663-0401.

