2025 Annual Report - Flipbook - Page 67
Estimates have been provided, and a complete copy of the audited 昀椀 nancial statements may be obtained
on our website in June.
LIABILITIES AND NET ASSETS
2025
2024
Designations Payable
$
1.57
$
Allocations Payable
$
3.80
$
Accounts Payable and Accrued Expenses
$
0.89
$
Grant Related Payable
$
0.97
$
Deferred Revenue
$
1.24
$
Operating Lease Liabilities
$
0.10
$
0.23
Net Pension Liability
$
0.28
$
0.23
Net Assets - Without Restriction*
$
34.56
$
Net Assets - With Restriction
$
24.66
$
Total Liabilities and Net Assets
$
68.08
$
USES OF FUNDS
2025
16.04
Programs/Outcome
Based Investments
$
Grants
$
Donor Designations
$
Management & General
Fundraising & Marketing
1.88
4.43
1.15
1.80
0.71
36.50
23.36
70.29
2024
$
16.69
5%
13.53
$
3.40
$
$
1.95
$
$
3.17
$
21.66
8%
42%
9%
3.67
1.96
2025
3.05
Total Expenses
$
38.09
$
47.04
Total Expenses, Net of
Donor Designations
$
34.69
$
43.37
36%
*Contains the $20M unrestricted grant awarded by MacKenzie Scott. Investment of these dollars was approved by the board of directors in
April 2022. Spending began in 2022 and will continue.
