Investor Presentaiton slide image

Investor Presentaiton

University of South Carolina Upstate Foundation and Supporting Organization Consolidated Statements of Financial Position June 30, 2022 and 2021 Assets 2022 2021 Cash and cash equivalents $ Unconditional promises to give, net 161,169 1,350,500 966,713 62,500 Annuity receivable 209,986 Other receivables 301 Investments 15,071,006 16,523,929 Assets held in charitable remainder trust 281,264 325,661 Total assets $ 16,863,939 $ 18,089,090 Liabilities and Net Assets Liabilities: Accounts payable 41,256 $ 64,356 Deferred grant revenue 175,000 Liability under charitable remainder trusts 184,921 226,944 Annuity obligation 209,986 Total liabilities 401,177 501,286 Net assets: Net assets without donor restrictions 849,868 1,452,826 Net assets with donor restrictions 15,612,894 16,134,978 Total net assets 16,462,762 17,587,804 Total liabilities and net assets 16,863,939 $ 18,089,090 3 See accompanying notes.
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