Financial Summary of the Zale Foundation 2003
December 31, 2014
Balance Sheet
Assets:
Cash and Cash Equivalents $749,511
Receivables 24,066
Investments - at Market Value 32,045,917
Other Assets 35,366
     Total Assets $32,854,860
Liabilities and Net Assets:
Accounts Payable 28,723
Grants Payable 128,600
     Total Liabilities $157,323
Net Assets $32,697,537
Total Liabilities and Net Assets $32,854,860
Statement of Revenue, Expenses, and Net Assets
Net Assets at Beginning of Year $32,534,851
Revenue:
Interest and Dividends 645,748
Contributions 162,020
Other Income 39,686
847,454
Expenses:
Investment Management Expenses (72,104)
General and Administrative (451,146)
(523,250)
Investment Gains (Losses):
Net Realized and Unrealized 1,089,549
Grants Authorized: (1,251,278)
Federal Excise and Other Taxes (35,789)
Net Increase (Decrease) In Net Assets 162,686
Net Assets at End of Year $32,697,537
 
Copyright 2004.  M.B. & Edna Zale Foundation, 3102 Maple Avenue, Suite 225, Dallas, Texas  75201