Finances

Endowment Information

The Cannon Fall Education Foundation continues to have a conservative investment strategy for the operating fund and endowment fund.  One-third of new funds raised are added to the endowment. Each year 4% of our endowment is designated to pay for creative and innovative programs within our schools.                        

 Starting Balance:   $1,355,013.40
 1/3 Allocated to Endowment:  $58,779.45
  4% Allocated to Funding:  
 Current Balance:   $1,413,792.85


Revenue/Expense Information
 
Our operating expenses are kept to a minimum due to the dedicated support of the 24 member all-volunteer board.
 

Fundraiser Profits:    

 $17,799.73

Direct Public Contributions:
 

 $2,008.01

 Interest Earned:    

$7,864.71

Donated Securities : Gain / (Loss)

 

Investment: Gain / (Loss)


Investment Program Fees:

($6,552.89)

Operating Expenses: 

$1,687.75

 
Program Funding:

 $16,285.43

(as of  December 31, 2020)



Website by SchoolMessenger Presence. © 2021 Intrado Corporation. All rights reserved.