HOUSATONIC COMMUNITY COLLEGE FOUNDATION

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Financial Data, Fiscal Year Ending June 30, 2003
Unrestricted
Temporarily Restricted
Permanently Restricted
Total
Revenue and support:
Contributions
$ 46,779
$200,035
$ 32,406
$279,220
Interest and dividends
9,525
9,525
Realized loss on investments
Unrealized gain (loss) on investments
( 3,583)
( 3,583)
Fund raising events
77,244
77,244
Other income
Net assets released from restrictions
139,934
(139,934)
__________
__________
Total Revenue and Support
269,899
60,101
32,406
362,406
Expenses:
Scholarships and awards
84,432
84,432
Program expenses
41,221
41,221
Museum expenses
25,854
25,854
Management and general
30,569
30,569
Fund raising events
48,857
48,857
Other fund raising
14,818
14,818
Impairment of pledge receivable
__________
325,794
__________
325,794
Total Expenses
245,751
325,794

__________

571,545
Change in net assets
24,148
( 265,693)
32,406
(209,139)
Net assets, beginning
172,271
352,518
195,444
720,233
Net assets, ending
$196,419
$86,825
$227,850
$511,094

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