Foundation results for the fourth quarter of 2021 have been posted.
The Foundation ended the year with total assets of $132.6 million–a new high. Investment gains for the quarter totaled $6.2 million and $14.1 million for the year. For the quarter the gains were 3.7% and for the year 12.1%.
A total of 15 new accounts were opened during the quarter, with initial deposits of $1.9 million. During the year 25 new accounts were added with beginning balances of $2.7 million.
132.6 on 1/1/22 is a long, long way from 3.2 in 1996. Thank you, Lord, and thank you, Dan! What wondrous things can happen when we cut the Lord a little slack and have visionary, bold, and very wise leadership. We are grateful!