FINANCIALS
STATEMENT
OF FINANCIAL POSITION
December 31, 2006
ASSETS
Cash & Cash Equivalents ---------------------------------------------------
$ 2,211,987
Investments ------------------------------------------------------------------
$ 7,409,139
Property & Equipment -----------------------------------------------------------
$ 5,629
Total Assets ------------------------------------------------------------------
$ 9,626,755
LIABILITIES & NET ASSETS
Total Liabilities --------------------------------------------------------------
$ -
Temporarily Restricted----------------------------------------------------------- $
89,553
Unrestricted Net Assets -----------------------------------------------------
$ 8,331,622
Permanently Restricted Net Assets ------------------------------------------
$ 1,205,580
Total Net Assets -------------------------------------------------------------
$ 9,626,755
Total Liabilities & Net Assets ----------------------------------------------
$ 9,626,755
Note: A complete financial
statement with the Independent Auditors’
Report is available for review in the Foundation’s
Office. An Independent Auditors’ Report
on Financial Statements was issued by Lewis,
Hooper
& Dick, LLC, Garden City, Kansas on May 22,
2007.
The IRS Form 990 and
annual audit reports are available for public
inspection at the WKCF office.
The 990 also may be viewed at www.guidestar.org
(Currently, the WKCF does
not file the Form 990-T (exempt organization
business income tax), however, the form 990-T
will be available to the public in any year
that
the WKCF files.)