2012-03-29T17:55:50-05:00 2011-06-30 SPILMAN HILLS & HEIDEBRINK LTD 5555 AIRPORT HWY STE 200 TOLEDO OH 436157320 990 2010-07-01 344005365 TOLEDO ORCHESTRA ASSOCIATION INC TOLE 4192411272 1838 PARKWOOD AVENUE TOLEDO OH 43624 KATHLEEN CARROLL 4193216890 2012-03-16 1 JOHN S HILLS 4198658118 2010 2016-02-24 21:20:13Z KATHLEEN CARROLL 1838 PARKWOOD AVENUE TOLEDO OH 43624 7840100 0 X WWW.TOLEDOSYMPHONY.COM X 1951 OH THE TOLEDO ORCHESTRA ASSOCIATION, INC. EXISTS TO SUSTAIN A WORKING COMMUNITY OF MUSICAL ARTISTS IN OUR AREA WHO PERPETUATE THE EXPERIENCE OF SUPERB MUSICAL PERFORMANCES AND CONTINUOUS MUSICAL EDUCATION FOR ALL PEOPLE. 50 50 257 50 0 0 2810506 1685378 1772132 1944345 357886 419087 54963 159465 4995487 4208275 19600 19625 0 0 4102812 4062607 48614 44560 208874 1581100 1729953 5752126 5856745 -756639 -1648470 17774733 18291171 1890779 1784846 15883954 16506325 X TO SUSTAIN A WORKING COMMUNITY OF MUSICAL ARTISTS WHO PERPETUATE THE EXPERIENCE OF SUPERB MUSICAL PERFORMANCES AND CONTINUOUS MUSICAL EDUCATION FOR ALL PEOPLE. 0 0 4920816 19625 1944345 THE TOLEDO SYMPHONY AND THE COMMUNITY OF NORTHWEST OHIO CELEBRATED A MILESTONE YEAR IN 2011 WITH THE SUCCESSFUL COMPLETION OF THE ROAD TO CARNEGIE HALL, AN EVENT WHICH CULMINATED IN THE ORCHESTRA'S DEBUT PERFORMANCE ON THIS STORIED STAGE IN THE PRESENCE OF 1,400 TOLEDO SYMPHONY FRIENDS WHO TRAVELED TO NEW YORK CITY TO PARTICIPATE IN THE EVENT. IT WAS A MOMENT OF GREAT PRIDE FOR THE ENTIRE COMMUNITY. THE COMMUNITY'S GENEROUS SUPPORT WAS CRITICAL TO THE PROJECT'S ARTISTIC SUCCESS.DURING THIS TIME THE TOLEDO SYMPHONY ENDED THE FISCAL PERIOD WITH A BALANCED BUDGET MADE POSSIBLE BY INCREASED REVENUE FROM TICKET SALES AND AN OUTPOURING OF SUPPORT FOR THE CARNEGIE APPEARANCE FROM ALL SECTORS OF THE REGION. THE ABILITY OF THE TOLEDO SYMPHONY TO TAKE ON SUCH A SUCCESSFUL VENTURE DEMONSTRATES THE COLLABORATIVE ABILITIES OF THE ORGANIZATION WHICH HAVE BEEN DEVELOPED OVER DECADES. THESE WELL-HONED SKILLS THAT EARN OUR NOTEWORTHY REPUTATION FOR "PLAYING WELL WITH OTHERS" ARE NOT LIMITED TO THE PERFORMANCE OF MUSIC. AS ONE OHIO ARTS COUNCIL REPORT NOTED: "THE TOLEDO SYMPHONY IS EMBEDDED IN ITS COMMUNITY (WITH A RECORD FOR SERVICE) LIKE NO OTHER AMERICAN ORCHESTRA." THE SYMPHONY USES MUSIC'S UNIQUE ABILITY TO BRING PEOPLE TOGETHER FOR SHARED EXPERIENCE. THIS ADVANCES AND SUSTAINS THE ORGANIZATION'S TWOFOLD MISSION OF ARTISTIC QUALITY AND COMMUNITY SERVICE. HERE ARE JUST A FEW EXAMPLES OF RECENT PERFORMANCE COLLABORATIONS:IN PARTNERSHIP WITH THE TOLEDO MUSEUM OF ART, RENOWNED SPANISH PAINTER, FELIX DE LA CONCHA, JOINED THE TOLEDO SYMPHONY FOR A UNIQUE PRODUCTION OF MUSIC "PICTURES AT AN EXHIBITION" AND SIMULTANEOUS PORTRAITURE INSPIRED BY THE PERFORMANCE.IN THE CLOSING WEEKS OF 2011, TOLEDO SYMPHONY MUSICIANS PERFORMED CONCERTS IN DOZENS OF VENUES ACROSS NORTHWEST OHIO AND SOUTHEAST MICHIGAN, BUILDING MORE COHESIVE NEIGHBORHOODS THROUGH MUSICAL EXPERIENCES AND BRIDGING THE DIFFERENCES BETWEEN PEOPLE OF DIFFERENT ETHNIC, RACIAL, OR CLASS BACKGROUNDS. ARTISTIC PARTNERSHIPS WITH THE TOLEDO OPERA, TOLEDO BALLET, AND TOLEDO CHORAL SOCIETY SUSTAIN REVERED FAMILY TRADITIONS.THE TOLEDO SYMPHONY IS ALSO ACTIVE AS AN ATTRACTIVE PARTNER IN BUILDING A PROGRESSIVE ECONOMIC FUTURE FOR OUR REGION. IN CONCERT WITH THE MAYOR OF THE CITY OF TOLEDO AND BUSINESS PEOPLE FROM ACROSS OUR REGION, ENSEMBLES PRESENT MINI-PERFORMANCES TO INTRODUCE VISITING GUESTS TO PERFORMING ARTS AND OTHER CULTURAL ASSETS - USING THE ORCHESTRA'S ABILITY TO BUILD BRIDGES OF MUSIC THAT CAN CONNECT PEOPLE TO ONE ANOTHER. IN YOUTH ORCHESTRAS ACROSS THE COUNTRY, PASSION AND PEDAGOGY COME TOGETHER TO CREATE THE MUSICIANS AND MUSIC LOVERS OF THE FUTURE. SEVERAL YEARS AGO THE SYMPHONY EXPANDED SIGNIFICANTLY ITS SUPPORT OF MUSIC FOR HIGH SCHOOL STUDENTS, AND SUBSEQUENTLY STUDENTS BEGINNING IN GRADE 5. JOINING FORCES WITH THE TOLEDO PUBLIC SCHOOLS AND THE TOLEDO MUSEUM OF ART THE SYMPHONY TOOK RESPONSIBILITY FOR THE ARTISTIC DIRECTION AND MANAGEMENT OF ALL ASPECTS OF THE 63-YEAR-OLD TOLEDO YOUTH ORCHESTRA. SINCE THAT TIME, THE NUMBER OF STUDENTS SERVED HAS GROWN FROM UNDER 100 TO 250, REPRESENTING A ROSTER OF MORE THAN 60 AREA SCHOOLS, WHO PARTICIPATE IN ONE OF FOUR ENSEMBLES. THE EDUCATIONAL AND MUSICAL EXPERIENCE OF STUDENTS IN THE YOUTH ORCHESTRAS PROGRAM HAS BEEN STRENGTHENED SIGNIFICANTLY THROUGH THE REGULAR PRESENCE OF PROFESSIONALS IN CLINICS AND MASTER CLASSES. A PROFESSOR FROM BOWLING GREEN STATE UNIVERSITY WITH OUTSTANDING CREDENTIALS JOINED THE TOLEDO SYMPHONY CONDUCTING STAFF AS MUSIC DIRECTOR OF THE YOUTH ORCHESTRAS PROGRAM WITH RESPONSIBILITY FOR ITS ARTISTIC DIRECTION, REHEARSALS, AND CONDUCTING. ADDITIONALLY, THE PROGRAM BENEFITS FROM COUNSEL PROVIDED BY AN ADVISORY COMMITTEE OF TOLEDO SYMPHONY MUSICIANS, MANY OF WHOM CREDIT PERSONAL YOUTHFUL EXPERIENCES IN ORCHESTRAS AS BEING CRITICAL TO THEIR DEVELOPMENT AS MUSICIANS. THE TOLEDO PUBLIC SCHOOLS, UNTIL 2008 SOLELY RESPONSIBLE FOR YOUTH ORCHESTRA ACTIVITIES, IS BOLSTERED BY THE NEW LEADERSHIP TEAM OF THE YOUTH ORCHESTRAS PROGRAM. THOSE RECEIVING THE GREATEST BENEFIT ARE YOUNGSTERS FROM ACROSS NORTHWEST OHIO.WITH THE SYMPHONY'S PARTNERSHIP, THE YOUTH ORCHESTRAS PROGRAM WILL CONTINUE TO RAISE THE BAR FOR MUSICAL EXCELLENCE, EXPANDING THE QUALITY OF PERFORMANCES AND THE LEVEL OF INDIVIDUAL ACHIEVEMENT. THESE IN TURN HAVE GREAT IMPACT ON THE PUBLIC APPRECIATION OF MUSIC, THE STUDY OF WHICH HAS LASTING VALUE ON STUDENT ACADEMIC ACHIEVEMENT.THE TOLEDO SYMPHONY IS COMMITTED TO PROVIDING ACCESS TO PERFORMANCES AND MUSIC EDUCATION FOR ALL WHO ARE INTERESTED REGARDLESS OF ECONOMIC RESOURCES. THE ANDERSONS FAMILY ACCESS PROGRAM PROVIDES TICKETS TO FAMILY SERIES CONCERTS FOR FAMILIES SERVED BY THE UNITED WAY. STUDENT RUSH TICKETS ARE AVAILABLE ONE-HOUR BEFORE PERFORMANCES AND SCHOLARSHIPS ARE AVAILABLE FOR YOUTH ORCHESTRAS PROGRAM FEES AND MUSIC LESSONS. EDUCATION AND COMMUNITY PROGRAMS AND CONCERTS ARE HELD IN SCHOOLS, NEIGHBORHOOD CHURCHES, PERFORMING ARTS CENTERS, AND COMMUNITY FACILITIES THROUGHOUT THE REGION; MANY ARE OFFERED AT NO CHARGE OR PROVIDED AT A REDUCED FEE. AUDIENCES NEARING 300,000 ANNUALLY ATTEND NEARLY 400 PERFORMANCES OF ALL SIZES PRESENTED BY THE MUSICIANS OF THE TOLEDO SYMPHONY. IN ADDITION TO PRESENTATIONS OF CLASSICAL MASTERWORKS AND POPULAR MUSIC, THE ORCHESTRA ANNUALLY PERFORMS A SERIES OF CONCERTS IN CHURCHES ACROSS THE GREATER TOLEDO AREA, AND EXTENDS THIS PERFORMANCE SERVICE TO NEARLY 20 REGIONAL CONCERTS IN OHIO, MICHIGAN AND INDIANA OVER THE COURSE OF ANY YEAR. FORMED IN 1943 AS THE FRIENDS OF MUSIC AND INCORPORATED IN 1951 AS THE TOLEDO ORCHESTRA ASSOCIATION, INC., THE TOLEDO SYMPHONY HAS GROWN FROM A CORE GROUP OF TWENTY-TWO PART-TIME MUSICIANS TO A REGIONAL ORCHESTRA THAT EMPLOYS NEARLY EIGHTY PROFESSIONAL MUSICIANS WHO CONSIDER THE TOLEDO SYMPHONY THEIR PRIMARY EMPLOYER, AS WELL AS NUMEROUS EXTRA PLAYERS ANNUALLY AS REPERTOIRE DEMANDS. THE SERIES CONCERTS (CLASSICS, POPS, CHAMBER, MOZART & MORE, AND FAMILY SERIES) ARE THE CRITICAL UNDERPINNING OF THE ORCHESTRA'S ARTISTIC MISSION AND REGULARLY DRAW PEOPLE FROM 135 POSTAL ZIP CODES. GOVERNED BY A VOLUNTEER BOARD OF 65 TRUSTEES, THE TOLEDO SYMPHONY HAS A STAFF COMPLEMENT OF 20 OF WHICH HALF ARE PART TIME MUSICIANS WHO INFLUENCE DAILY THE INCLUSIVE NATURE OF THE ASSOCIATION. THE BUDGET OF NEARLY $6 MILLION IS MADE UP OF EARNED, CONTRIBUTED AND DRAW ON ENDOWMENT. PLANS TO EXPAND SIGNIFICANTLY THE ENDOWMENT RESOURCE ARE BEING DEVELOPED CURRENTLY IN RECOGNITION OF CRITICAL NEED SUSTAINED FINANCIAL STABILIZATION. 4920816 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 29 1 1 257 1 0 0 0 0 0 0 0 0 0 0 X 50 50 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 OH X X RANDI DIER 4194180035 1838 PARKWOOD AVENUE TOLEDO OH 43624 ERIC S FANKHAUSER 1.00 X 0 0 0 DEBOW FREED 1.00 X 0 0 0 ROBERT C HELMER 1.00 X 0 0 0 PAM HERSHBERGER 1.00 X 0 0 0 KENNETH E HILEMAN 1.00 X 0 0 0 JAMES A HOFFMAN 1.00 X 0 0 0 HOWARD S MADIGAN MD 1.00 X 0 0 0 C ALLEN MCCONNELL 1.00 X 0 0 0 RONALD A MCMASTER 1.00 X 0 0 0 HERBERT METZGER 1.00 X 0 0 0 STEVEN L MICKUS 1.00 X 0 0 0 JOSEPH D NAPOLI 1.00 X 0 0 0 JOSEPH O'HARA 1.00 X 0 0 0 RANDY OOSTRA 1.00 X 0 0 0 JONATHAN ORSER 1.00 X 0 0 0 JOHN S SZUCH 1.00 X 0 0 0 MICHAEL H THAMAN 1.00 X 0 0 0 THOMAS I WEBB JR 1.00 X 0 0 0 MICHAEL R WILCOX 1.00 X 0 0 0 MARY WOLFE 1.00 X 0 0 0 JOSEPH ZERBEY 1.00 X 0 0 0 CHRISTA E ADAMS 1.00 X 0 0 0 THOMAS E BRADY 1.00 X 0 0 0 BRIAN BUCHER 1.00 X 0 0 0 ELAINE CANNING 1.00 X 0 0 0 CAROL A CARTWRIGHT 1.00 X 0 0 0 GEORGE CHAPMAN 1.00 X 0 0 0 SARA JANE DEHOFF 1.00 X 0 0 0 FRANK D JACOBS 1.00 X 0 0 0 GEORGE M JONES III 1.00 X 0 0 0 DAVID A KATZ 1.00 X 0 0 0 DONALD H KINCADE 1.00 X 0 0 0 JAMES E KLINE 1.00 X 0 0 0 HARLEY KRIPKE 1.00 X 0 0 0 JOSEPH H LEMIEUX 1.00 X 0 0 0 DARRYL R LIPPMAN 1.00 X 0 0 0 MARK PIETRYKOWSKI 1.00 X 0 0 0 MARNA RAMNATH 1.00 X 0 0 0 MARK E RIDENOUR 1.00 X 0 0 0 CAROLYN SAUDER 1.00 X 0 0 0 ROBERT P SCHLATTER 1.00 X 0 0 0 DAVID A SNAVELY 1.00 X 0 0 0 SHARON S SPEYER 1.00 X 0 0 0 JOHN B SPITZER 1.00 X 0 0 0 ANDREW W STUART 1.00 X 0 0 0 KATHLEEN CARROLL 40.00 X 114211 0 12519 RANDI DIER 40.00 X 71342 0 5153 RICHARD P ANDERSON 1.00 X 0 0 0 THOMAS SCHMIDT 1.00 X 0 0 0 WILLIAM F BUCKLEY 1.00 X 0 0 0 FREDRICK I YOCUM 1.00 X 0 0 0 JUSTICE G JOHNSON JR 1.00 X 0 0 0 ROBERT BELL 40.00 X 684742 0 87357 870295 0 105029 2 0 1 0 STEFAN SANDERLING 119 60TH ST ST PETERSBURG FL 33705 CONDUCTOR 100750 1 7790 728 50871 1625989 25000 1685378 TICKET SALES 711300 1893650 1893650 PROGRAM ADVERTISING 711300 50695 50695 1944345 327862 327862 3645599 3554374 91225 91225 91225 103154 728 43942 59212 59212 87300 33509 53791 53791 OTHER 900099 46462 46462 46462 4208275 1944345 0 578552 19625 19625 350570 128156 222414 2980106 2808066 81692 90348 468127 401219 61400 5508 263804 213121 46290 4393 44560 44560 152773 58330 71125 23318 202989 202989 98878 60345 28557 9976 277328 202349 74979 117099 107814 9285 15512 15512 84916 50106 34810 22218 10713 11505 GUEST ARTISTS 266243 266243 PROGRAMS AND BROCHURES 162776 162776 MUSIC & LIBRARY 64975 64975 EQUIPMENT RENTAL AND MA 60112 39474 20638 MISCELLANEOUS 47034 27160 19874 157100 97355 28974 30771 5856745 4920816 727055 208874 496108 296292 1744244 1800568 1101394 316963 50739 118271 2071 2071 92194 78804 1307927 890426 476424 417501 9448275 11159895 4240178 4006774 123106 94032 17774733 18291171 944246 757382 593397 647328 353136 380136 1890779 1784846 X -453638 -438888 10508280 11095360 5829312 5849853 15883954 16506325 17774733 18291171 X -1648470 2270841 X X 0 1 1 X 0 X 6685935 3867814 3529979 2810506 1685378 18579612 6685935 3867814 3529979 2810506 1685378 18579612 4005141 14574471 224454 527023 389072 351872 327862 1820283 18102 26324 17348 29690 46462 137926 20537821 9830122 0.70960 0.69160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15503230 497419 2678667 1867010 34595 16777711 13899325 848242 2151552 1363292 32597 15503230 16241361 1307098 -2198791 1422143 28200 13899325 0.54000 0.45000 0.01000 0 0 19249 17938 1311 854303 547163 307140 434375 325325 109050 417501 CORPORATE AND GOVERNMENT OBLIGATIONS 4006774 F 4006774 UNSECURED BANK LINE OF CREDIT 380136 380136 4208275 5856745 -1648470 2270841 2270841 622371 6479116 2270841 2270841 4208275 0 4208275 5856745 0 5856745 0 5856745 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: TO PROVIDE LONG-TERM OPERATING STABILITY TO THE EXEMPT ORGANIZATION IN ORDER TO PRESERVE THE MUSICAL ASSET. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ASSOCIATION HAS EVALUATED UNCERTAIN INCOME TAX POSITIONS AND BELIEVES THERE ARE NO UNCERTAIN INCOME TAX POSITIONS OF SIGNIFICANCE THAT ARE REQUIRED TO BE RECORDED OR DISCLOSED. X X X X X X X 1 TAYLAR 219 N MILWAUKEE ST 5TH FLOOR MILWAUKEE WI 53202 TELEFUNDING 0 102911 44560 58351 102911 44560 58351 OH GALA 31644 240 31404 8708 500 1443 DINNER MUSIC 44550 44550 19327 2060 4202 11 27688 488 27200 235 6178 200 1089 103882 728 103154 235 34213 2760 6734 43942 59212 87300 25000 8509 1 0.80000 87300 25000 8509 33509 53791 OH 1 0 1 0 0.15000 0.85000 RANDI DIER 1838 PARKWOOD AVE TOLEDO OH 43624 0 JULIE HEIGEL 0 KEPT TRACK OF TICKETS SOLD, ORGANIZED VOLUNTEERS, COORDINATED THE FINAL DRAWING AND MAINTAINED SPONSOR RELATIONSHIP WITH THE DONOR OF THE AUTOMOBILE. OVERALL SHE WAS THE CONTACT PERSON FOR ANY RAFFLE QUESTIONS. SHE PERFORMED THESE DUTIES IN ADDITION TO HER NORMAL DUTIES AS AN EMPLOYEE OF THE TOLEDO ORCHESTRA ASSOCIATION. X 0 1 MERIT BASED SCHOLARSHIPS FOR MEMBERS OF THE TOLEDO YOUTH ORCHESTRA AND THE TOLEDO JUNIOR YOUTH ORCHESTRA 27 8625 TUITION ASSISTANCE 1 11000 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: CANDIDATES FOR THE LEAGUE SCHOLARSHIPS ARE JUDGED ON THEIR PLAYING ABILITY. THE GRANTS ARE ALWAYS FOR $500 OR LESS AND ARE TO BE USED TO FURTHER THEIR EDUCATION IN MUSIC. FOR SENIOR SCHOLAR WINNERS VERIFICATION OF COLLEGE ENROLLMENT IS DONE PRIOR TO ISSUANCE OF THE GRANT PAYMENT. THE WINNER OF THE SEPARATE $11,000 TUITION ASSISTANCE HAS TO VERIFY ENROLLMENT IN COLLEGE PRIOR TO RECEIPT OF THE ASSISTANCE. X X 0 1 X X X 0 1 0 0 0 0 0 0 0 ROBERT BELL 183000 0 0 0 501742 0 82954 0 4403 0 772099 0 501742 0 PART I, LINE 1A ROBERT BELL IS PROVIDED WITH A PERSONAL MEMBERSHIP TO THE TOLEDO CLUB. HE USES THE MEMBERSHIP MOSTLY FOR BUSINESS PURPOSES, AND REIMBURSES THE TOLEDO ORCHESTRA ASSOCIATION FOR ANY PERSONAL USE EXPENSES. PART I, LINE 1A WHEN THE ORCHESTRA WAS INVITED TO PERFORM AT THE FIRST ANNUAL SPRING FOR MUSIC FESTIVAL AT CARNEGIE HALL, A CHARTER FLIGHT WAS OBTAINED FOR THE TRIP. THE FLIGHT WAS NEEDED TO TRANSPORT MEMBERS OF THE ORCHESTRA, AS WELL AS CERTAIN KEY EMPLOYEES. PART I, LINE 4B ROBERT BELL $501,742 THE ORGANIZATION HAD A NON-QUALIFIED DEFERRED COMPENSATION PROGRAM UNDER IRC SECTION 457 FOR A KEY EMPLOYEE, FUNDED BY DISCRETIONARY CONTRIBUTIONS BY THE ORGANIZATION OVER THE PAST 12 YEARS. THESE CONTRIBUTIONS WERE EXPENSED BY THE ORGANIZATION IN PRIOR YEARS (SEE COLUMN F OF SCHEDULE J, PART II), BUT BECAME TAXABLE TO THE EMPLOYEE IN FULL UPON HIS RETIREMENT IN DECEMBER 2010. THE DEFERRED COMPENSATION PLAN FUNDS WILL BE PAID OUT OVER 10 YEARS, BEGINNING IN THE CURRENT YEAR. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED BY THE VICE PRESIDENT OF FINANCE, THE PRESIDENT, AND THE TREASURER OF THE BOARD. THE RETURN IS THEN PRESENTED TO THE FINANCE COMMITTEE FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS GIVEN TO ALL BOARD MEMBERS. IT IS AN AGENDA ITEM AT EACH MEETING. IT IS ASKED THAT ANY MEMBER WHO HAS A CONFLICT OF INTEREST EXCUSE HIM OR HERSELF FROM THE MEETING. FORM 990, PART VI, SECTION B, LINE 15A A COMPENSATION COMMITTEE REVIEWS AND DETERMINES COMPENSATION FOR THE PRESIDENT/CEO. THE PRESIDENT DETERMINES COMPENSATION FOR OTHER KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE TOLEDO ORCHESTRA ASSOCIATION MAKES AVAILABLE THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. THE ANNUAL REPORT WAS ALSO PROVIDED TO ALL DONORS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 2,270,841. FORM 990, PART XI, LINE 2C THE PROCESS USED HAS NOT CHANGED.