Contributions: 1000.00
Market Appreciation: 1041.21 (pretty good!)
Income: 78.56
Fees: (144.48)
Net changes to fund: 1975.29
Current balance: $19,735.11
Pretty good quarter!
Yak Foundation, Q4 2006 Report
February 1, 2007 · 3 Comments
Categories: yak foundation
3 responses so far ↓
Shawn // March 27, 2007 at 9:02 am
Looks like we’re still several years away from having the income cover the expenses, but a very good quarter!
MJ // March 27, 2007 at 10:17 am
income + cap gains has been covering expenses nicely actually. but I guess income > expenses is a benchmark, right?
Sooner or later we’re gonna have to give some of it away
Shawn // April 5, 2007 at 10:16 am
Yeah, net net is positive, so that’s all good. Especially since not all our holdings are income producing.
Have we set a benchmark of when we start giving it away? 25K? 50K? 5 % of 25K is over 1000 bucks. I think that’s a place to start. On the other hand, the foundation becomes much more sustainable in its giving if we wait until it’s larger…