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The Second
Century Fund

IRA Rollover

Click this line to see the 2009 Ministry Report in PDF format.

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Statement of Financial Position (unaudited)

As of June 30, 2009 and 2008

		FY2009		FY2008
Assets (in thousands)
Cash and cash Equivalents		$     1,940		$ 2,277
Accrued interest and dividends receivable		1,172		1,470
Securities Lending Program		55,897		87,861
Investments		588,570		748,056
Real estate held for sale		5,344		5,946
Notes and loans receivable		471		552
Due from broker		17,249		37,955
Land, building and equiptment, net of depreciation		1,851		1,671
Beneficial interest in charitable trusts		2,210		2,264
Other assets		272		284
Total Assets		$674,976		$887,945

Liabilities and Net Assets
Liabilities (in thousands)
Accounts payable		$ 876		$1,227
Due to broker		17,249		37,566
Securities Lending		55,897		87,861
Legal settlement liability		549		669
Note payable		1,152		1,259
Trust & other liabilities due to:            Donors		34,760		36,115
Beneficiaries		136,188		183,151
Held in Endowment accounts		78,021		81,660
Held in Custodial accounts		337,989		445,416
Held in Agency accounts		1,490		1,187
Total Liabilities		$664,434		$876,111
Net assets: (In Thousands)
Unrestricted net assets		4,640		5,065
Temporarily restricted net assets		4,329		5,093
Permanently restricted assets		1,573		1,676
Total Net Assets		10,542		11,834
Total Liabilities and Net Assets		$674,976		$887,945