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The
Merck Family Fund presents the following summary
financial statements distilled from the independent
review of fiscal year 2006. For complete financial
information, please contact
the Fund.
Statement of Assets
December 31, 2006
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Cash and Equivalents |
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$5,023,393 |
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Investments |
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$63,274,447 |
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Other Assets |
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$3,192 |
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Fixed Assets
(net of accumulated depreciation) |
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$1,385 |
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Total Assets |
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$68,302,417 |
Statement of Income and Expenditures
January 1, 2006 - December
31, 2006
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Income |
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Dividends, Interest, & Other Income |
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$1,855,421 |
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Net Realized and Unrealized Gains on Investments |
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$8,377,590 |
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Total Income |
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$10,233,011 |
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Expenditures |
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Grant Awards |
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$2,910,708 |
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Investment Expenses |
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$624,380 |
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Federal Excise & Foreign Tax |
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$170,337 |
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Operating Expenses |
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$359,128 |
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Total Expenditures |
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$4,064,553 |
Financial statement presented
on a modified cash basis. |
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