A Guide to Your Quarterly Fund Statement
Statements provide an overview of the past quarter’s activity
Quarterly fund statements are available approximately six weeks after the end of every quarter, around May 15, Aug. 15, Nov. 15 and Feb. 15.
This information is available to the fund’s primary contact and others upon request.
Getting started
RECEIPTS AND INVESTMENT ACTIVITY
- Donations refer to contributions added to the fund. Donations are detailed on page two of your fund statement.
- Interest & Dividend Income includes interest from fixed income securities and dividends from stock or mutual funds.
- Realized Gains or Losses occurs when an investment is sold.
- Unrealized Gains or Losses is the current market value of the investment compared to the purchase price. A Loss is indicated by the numbers in parentheses. A Gain has no parentheses.
EXPENSES
- Administrative Fees cover fund management and staff support costs.
- Grants & Scholarships refer to the funds going out to designated nonprofit grantees and/or scholarship recipients. Grants are detailed on page two of your fund statement.
- The Ending Balance includes all activity for a final fund total as of the last day of the quarter.
- Available to Distribute is the amount remaining for grants or scholarships in the calendar year.
Questions?
For additional assistance, contact your donor engagement officer or email support@nccommunityfoundation.org.