Financial Information 2005


	FINANCIAL INFORMATION 2005

			STATEMENT OF ASSETS AND LIABILITIES

				Year Ended December 31, 2005



		Cash and Short-term Cash Investments				$58,784,770

		Accounts and Other Receivables					$14,775,948

		Marketable Securities at fair value					$102,170,369


		Hedge Funds at fair value					$79,488,522

		Mineral Interests at fair value					$3,414,760

		Real Estate at fair value Other Assets at fair value
							$8,958,055 $105,504,477
					$373,096,901
At December 31, 2005, the Foundation owed $7,765,000 on balance of unpaid grants. Other liabilities totaled $541,220 including accounts payable. Net income was $8,319,896 after payment of federal excise taxes of $456,442. The distributable amount for grants is based on the market value of investment assets.