CONDENSED STATEMENT OF REVENUE AND DISBURSEMENTS (October 1, 2015 to September 30, 2016) 2016 2015 REVENUE Contribu ons $2,061,216 $1,754,624 Grants for Administra ve Expenses 96,755 91,577 Investment Return 2,073,072 (755,618) Change in Value of Split Interest Agreements 76,339 37,753 TOTAL REVENUE $4,307,382 $1,128,336 DISBURSEMENTS Grants and Direct Fund Expenses 1,343,283 1,220,465 Administra ve Expenses 494,018 440,361 Trust Fees 6,000 6,010 TOTAL DISBURSEMENTS $1,843,301 $1,666,836 The Community Founda on for Northeast Michigan’s most recent IRS Form 990 and annual audit, as well as all policies, are available to the public upon request. The Founda on’s IRS Form 990 may also be accessed on the web at www.guidestar.org. 10 2016 CFNEM Grant Summary