Finances

Endowment Information

The Cannon Fall Education Foundation continues to have a conservative investment strategy for the operating fund and endowment fund.  One-third of new funds raised are added to the endowment. Each year 4% of our endowment is designated to pay for creative and innovative programs within our schools.                        

 Starting Balance:   $1,355,013.40
 1/3 Allocated to Endowment:  $2,720.24
  4% Allocated to Funding:  
 Current Balance:   $1,357,733.64


Revenue/Expense Information
 
Our operating expenses are kept to a minimum due to the dedicated support of the 24 member all-volunteer board.
 

Fundraiser Profits:    

 $480.64

Direct Public Contributions:
 

 $1,330.01

 Interest Earned:    

 $5,203.90

Donated Securities : Gain / (Loss)

 

Investment: Gain / (Loss)


Investment Program Fees:

($3,086.35)

Operating Expenses: 

$1,220.00

 
Program Funding:

 $9,732.43

(as of  September 30, 2020)



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