{"id":790,"date":"2023-12-06T08:46:10","date_gmt":"2023-12-06T13:46:10","guid":{"rendered":"https:\/\/aig.alumni.virginia.edu\/eli-banana\/?p=790"},"modified":"2023-12-06T08:47:58","modified_gmt":"2023-12-06T13:47:58","slug":"fy23-financial-statement","status":"publish","type":"post","link":"https:\/\/aig.uvaalumni.org\/eli-banana\/2023\/12\/06\/fy23-financial-statement\/","title":{"rendered":"FY23 Financial Statement"},"content":{"rendered":"

Beginning Balances (July 1, 2022)<\/p>\n

The Eli Banana Fund\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 <\/strong>$1,974,598<\/p>\n

Eli Endowment for Historic Preservation\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $180,353<\/p>\n

Scholarship Endowment\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$204,346<\/p>\n

Combined Total\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$2,359,297<\/p>\n

 <\/p>\n

Activity for the Year<\/strong><\/p>\n

Contributions Received\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $56,462<\/p>\n

Expenses\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0($43,519)<\/p>\n

Support Provided to the University\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0($23,567)<\/p>\n

Gain (Loss) on Investments After Fees\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$35,451<\/p>\n

Pledges Paid By the Eli Banana Fund\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0($15,000)<\/p>\n

Distributions form Historic Endowment\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0($7,164)<\/p>\n

Distributions from Scholarship Fund\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0($8,117)<\/p>\n

Activity Total\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 ($5,454)<\/p>\n

Net Total\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $2,353,843<\/p>\n

 <\/p>\n

Year-End Fund Balance (June 30, 2023)<\/strong><\/p>\n

The Eli Banana Fund\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$1,982,086<\/p>\n

Eli Endowment for Historic Preservation\u00a0 \u00a0 \u00a0 \u00a0 \u00a0$174,287<\/p>\n

Scholarship Endowment\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$197,470<\/p>\n

Combined Total\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$2,353,843<\/p>\n","protected":false},"excerpt":{"rendered":"

Beginning Balances (July 1, 2022) The Eli Banana Fund\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $1,974,598 Eli Endowment for Historic Preservation\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $180,353 Scholarship Endowment\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 […]<\/p>\n","protected":false},"author":95,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[9],"tags":[],"class_list":["post-790","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"yoast_head":"\nFY23 Financial Statement - The Eli Banana Fund<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aig.uvaalumni.org\/eli-banana\/2023\/12\/06\/fy23-financial-statement\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Emma Farthing\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/aig.uvaalumni.org\\\/eli-banana\\\/2023\\\/12\\\/06\\\/fy23-financial-statement\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/aig.uvaalumni.org\\\/eli-banana\\\/2023\\\/12\\\/06\\\/fy23-financial-statement\\\/\"},\"author\":{\"name\":\"Emma Farthing\",\"@id\":\"https:\\\/\\\/aig.uvaalumni.org\\\/eli-banana\\\/#\\\/schema\\\/person\\\/760500f900b8053272a4da35caf8c920\"},\"headline\":\"FY23 Financial Statement\",\"datePublished\":\"2023-12-06T13:46:10+00:00\",\"dateModified\":\"2023-12-06T13:47:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/aig.uvaalumni.org\\\/eli-banana\\\/2023\\\/12\\\/06\\\/fy23-financial-statement\\\/\"},\"wordCount\":75,\"publisher\":{\"@id\":\"https:\\\/\\\/aig.uvaalumni.org\\\/eli-banana\\\/#organization\"},\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/aig.uvaalumni.org\\\/eli-banana\\\/2023\\\/12\\\/06\\\/fy23-financial-statement\\\/\",\"url\":\"https:\\\/\\\/aig.uvaalumni.org\\\/eli-banana\\\/2023\\\/12\\\/06\\\/fy23-financial-statement\\\/\",\"name\":\"FY23 Financial Statement - 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