| Assets |
2010 |
2009 |
| Cash and cash equivalents |
$82,937,639 |
$208,951,904 |
| Margin deposits for futures contracts |
- |
1,890,000 |
| Income receivable |
134,316,963 |
59,489,147 |
| Prepaid expenses |
875,093 |
800,554 |
| Futures contracts |
- |
9,962,512 |
| Pledges receivable, net |
73,492,430 |
88,560,294 |
| Investments |
2,328,524,505 |
2,006,589,268 |
| Collateral under securities lending agreement |
- |
17,744,103 |
| Property and equipment, net |
7,054,207 |
7,251,291 |
| Real estate |
3,342,479 |
3,745,686 |
| Notes receivable |
1,454,592 |
1,579,097 |
| Other assets |
10,631,970 |
10,909,394 |
| Total Assets |
2,642,629,878 |
2,417,473,250 |
| Liabilities and Net Assets |
|
|
| Accounts payable |
$2,625,252 |
$4,339,924 |
| Interest rate swap |
- |
5,977 |
| Accrued expenses and other payables |
1,826,750 |
1,813,532 |
| Payable under securities lending agreement |
- |
18,509,043 |
| Deferred compensation |
1,425,193 |
1,257,058 |
| Notes payable |
3,838,925 |
4,503,255 |
| Liability under split-interest agreements |
37,102,174 |
35,761,114 |
| Funds due to other organizations |
276,399,675 |
238,695,080 |
| Total Liabilities |
323,217,969 |
304,884,983 |
| Net Assets |
|
|
| Unrestricted |
181,926,918 |
185,514,394 |
| Temporarily restricted |
1,345,297,639 |
1,177,631,639 |
| Permanently restricted |
792,187,352 |
749,442,234 |
| Total Net Assets |
2,319,411,909 |
2,112,588,267 |
|
|
|
| Total Liabilities and Net Assets |
$2,642,629,878 |
$2,417,473,250 |