Finances

(as of Jan 31, 2015)
 
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 and no funds are drawn from the endowment.                                 
        

 Starting Balance:  

 $595,553.41

 1/3 Allocated to Endowment:  

$25,311.82

 Current Balance:   

$620, 865.23

  
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:    

$27,067.73

 Direct Public Contributions:    

$1,890.00 

 Interest Earned:    

$14,716.38

Operating Expenses:    

$2,448.23

                      
Comments