2010 Statement of Financial Position

	For The Years Ended December 31,
	2010	2009
ASSETS
Cash	$ 793,264	$ 962,925
Interest receivable and other current assets	19,338	34,875
Investment liquidation withdrawal receivable	--	2,378,459
Investments - at fair value	90,231,185	82,130,251
Furniture and equipment (net of accumulated depreciation of $127,615 in 2010 and $115,708 in 2009)	70,774	72,297
Total Assets	$91,114,561	$85,578,807

LIABILITIES AND UNRESTRICTED NET ASSETS
Liabilities
Grants payable	$1,804,589	$2,504,960
Accounts payable and accrued liabilities	10,146	18,111
Total Liabilities	$1,814,735	$2,523,071

Unrestricted Net Assets
Designated for grants	$1,620,868	$1,564,912
Designated for challenge endowment escrow	3,562,403	3,662,274
Designated for endowment	83,885,029	77,828,550
Undesignated (Send Me St. Louis)	231,526	--
Total Unrestricted Net Assets	$89,299,826	$83,055,736

Total Liabilities And Unrestricted Net Assets	$91,114,561	$82,578,807

2009 Statement of Activities

	For The Years Ended December 31,
	2010	2009
CHANGES IN UNRESTRICTED NET ASSETS
Revenue and Support
Earnings on investments, net	$ 1,857,170	$ 1,809,545
Other	4,570	208,138
Total Revenue And Support	$ 1,861,740	$ 2,017,683


Expenses
Grants	3,796,479	3,034,792
Program Services	351,539	136,675
Administration	432,182	384,880
Total Expenses	$ 4,580,200	$ 3,556,347


Excess of Expenses Over Revenue and Support Before Net Appreciation In Fair Value of Investments	($2,718,460)	(1,538,664)

Net Appreciation In Fair Value of Investments	8,776,913	17,563,159

Increase In Unrestricted Net Assets	6,058,453	16,024,495

Unrestricted Net Assets - Beginning Of Year	$83,055,736	$ 67,031,241
Increase in Unrestricted Net Assets - Send Me St. Louis as of 1/1/2010	185,637	--

Unrestricted Net Assets - End Of Year	$89,299,826	$83,055,736

A full copy of the Foundation's audit can be viewed at the Foundation office.