The Marfan Foundation Annual Report 2021

STATEMENTS OF FINANCIAL POSITION June 30, 2021 and June 30, 2020

June 30, 2021

June 30, 2020

ASSETS Cash

$

953,839 8,573,681 554,347 309,031 665,147 1,225,205 186,289

$ 1,237,573

Investments

6,136,199 1,706,703 208,691 668,901 1,058,305 130,399

Pledge Receivables, net

Prepaid Expenses and Other Current Assets

Property and Equipment, net

Beneficial Interest in Charitable Remainder Trust

Other Assets

Total assets

$ 12,467,539

$ 11,146,771

LIABILITIES AND NET ASSETS Liabilities: Accrued liabilities

$

359,104 496,845

$

254,451 509,427 131,950 500,000 662,500

Deferred income Other payables Line of Credit Grants payable

189,289

-

631,250

Total liabilities

$ 1,676,488

$ 2,058,328

NET ASSETS Without donor restrictions: General

$ 3,535,983

$ 2,526,611

Board designated

1,548,015

1,128,897

With donor restrictions

5,707,053 10,791,051 $ 12,467,539

5,432,935 9,088,443

Total net assets

Total liabilities and net assets

$ 11,146,771

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The Marfan Foundation | Annual Report 2021