Finances

(as of June 30, 2016)
 
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:  

$651,392.74

 1/3 Allocated to Endowment:  

$46,826.51

 Current Balance:   

$698,219.25

  
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:    

$52,381.50

 Direct Public Contributions:    

$6,609.10

 Interest Earned:    

$25,744.74

Operating Expenses:    

$4,531.76

                      
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