Finances

(as of February 28, 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:  

$33,725.28

 Current Balance:   

$629, 278.69

  
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:    

$28,353.73

 Direct Public Contributions:    

$12,324.87

 Interest Earned:    

$15,604.33

Operating Expenses:    

$2,876.27

                      
Comments