Statements of Financial Position
Dr. Robert C. and Veronica Atkins Foundation
Dr. Robert C. and Veronica Atkins Foundation
| June 30, | 2007 | 2006 |
Assets |
||
| Cash and cash equivalents | $ 4,988,003 | $ 1,132,484 |
| Investments | ||
| Marketable securities, at estimated fair value | 26,424,077 | 35,191,333 |
| Other investments, at estimated fair value | 6,039,539 | — |
| Other receivables | 224 | 31,668 |
| Prepaid expenses | — | 16,464 |
| Total assets | $ 37,451,843 | $ 36,371,949 |
Liabilities |
||
| Grants payable | $ 9,958,318 | $ 11,137,784 |
| Accounts payable and accrued expenses | 31,857 | 349,917 |
| Total liabilities | 9,990,175 | 11,487,701 |
| Total unrestricted net assets | 27,461,668 | 24,884,248 |
| Total liabilities and unrestricted net assets | $ 37,451,843 | $ 36,371,949 |