2011 Statement of Financial Position

	For The Years Ended December 31,
	2011	2010
ASSETS
Cash	$ 398,405	$ 793,264
Interest receivable and other current assets	24,842	19,338
Investment liquidation withdrawal receivable	--	--
Investments - at fair value	86,299,906	90,231,185
Furniture and equipment (net of accumulated depreciation of $141,434 in 2011 and $129412 in 2010)	62,721	70,774
Total Assets	$86,785,874	$91,114,561

LIABILITIES AND UNRESTRICTED NET ASSETS
Liabilities
Grants payable	$5,179,201	$1,804,589
Accounts payable and accrued liabilities	12,863	10,146
Total Liabilities	$5,192,064	$1,814,735

Unrestricted Net Assets
Designated for grants	$764,401	$1,620,868
Designated for challenge endowment escrow	1,103,450	3,562,403
Designated for endowment	79,602,778	83,885,029
Undesignated (Send Me St. Louis)	123,181	231,526
Total Unrestricted Net Assets	$81,593,810	$89,299,826

Total Liabilities And Unrestricted Net Assets	$86,785,874	$91,114,561

2011 Statement of Activities

	For The Years Ended December 31,
	2011	2010
CHANGES IN UNRESTRICTED NET ASSETS
Revenue and Support
Earnings on investments, net	$ 1,705,562	$ 1,857,170
Other	1,401	4,570
Total Revenue And Support	$ 1,706,963	$ 1,861,740


Expenses
Grants	7,594,425	3,796,479
Program Services	228,749	351,539
Administration	407,123	432,182
Total Expenses	$ 8,230,297	$ 4,580,200


Excess of Expenses Over Revenue and Support Before Net Appreciation In Fair Value of Investments	($6,523,334)	(2,718,460)

Net Appreciation In Fair Value of Investments	(1,182,682)	8,776,913

Increase In Unrestricted Net Assets	(7,706,016)	6,058,453

Unrestricted Net Assets - Beginning Of Year	$89,299,826	$ 83,055,736
Increase in Unrestricted Net Assets - Send Me St. Louis as of 1/1/2010	--	185,637

Unrestricted Net Assets - End Of Year	$81,593,810	$89,299,826

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