Financials - The Colorado Trust

Financials - The Colorado Trust - 1985-2007: $285.6 million in grants; 2008: $19.7 million in grants.The Colorado Trust's original endowment of $191 million was received from the sale of the PSL Healthcare Corporation in 1985. From its inception through 2008, grants totaling $305.3 million have been made to grantees in every Colorado county.

$19.7 million in grants were made in 2008 with support being provided to more than 210 grantees.

TOTAL ASSETS:

 2008
$337,239,618
 2007
$513,383,869

»THE COLORADO TRUST
   STATEMENTS OF FINANCIAL POSITION
   DECEMBER 31, 2008 AND 2007
ASSETS:
Cash and cash equivalents 
Interest and dividends receivable
Prepaid and other expenses
Excise tax receivable
Investments
Other assets
Cash held in custody for others
Property and equipment:
  Building improvements
  Machinery and equipment
  Furniture and fixtures

  Accumulated depreciation
  Property and equipment, net
Investments held in trust
TOTAL ASSETS		 2008
$105,024
505,157
26,831
227,619
335,878,816
–
84,886

10,068
325,438
354,771
690,277
(613,701)
76,576
334,709
$337,239,618

 2007
$219,460
1,382,966
17,410
–
509,865,623
233,708
87,279

1,490,029
375,737
354,771
2,220,537
(1,179,021)
1,041,516
535,907
$513,383,869

LIABILITIES & NET ASSETS:
Accounts payable and accrued expenses
Other accrued liabilities
Deferred gain on sale-leaseback
Cash held in custody for others
Grants payable
Deferred compensation
Accrued excise tax payable
Deferred excise tax liability
     TOTAL LIABILITIES
Net assets – Unrestricted
     TOTAL LIABILITIES & NET ASSETS


$50,785
174,541
4,763,219
84,886
30,260,145
334,709
–
        –
35,668,285
301,571,333
$337,239,618


$35,413
562,489

87,279
27,019,878
535,907
275,255
    852,794
29,369,015
484,014,854
$513,383,869

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