The Catholic Foundation Archdiocese of Santa Fe

CONDENSED STATEMENTS OF FINANCIAL POSITION

June 30, 2007 and 2006

Assets

2007

2006

   Cash and cash equivalents

$

117,352

$

65,370

   Restricted cash

187,971

1,493,018

   Unconditional promises to give

316,618

1,596,193

   Furniture and equipment, less accumulated depreciation

      of $95,946 and $64,894, respectively

16,436

41,999

   Investments in real estate

2,073,308

2,073,309

   Investment in marketable securities

38,243,820

28,588,576

$

40,955,505

$

33,858,465

Liabilities and Net Assets

   Accounts payable and accrued liabilities

$

15,731

 $

6,550

   Grants distributable

1,417,755

916,328

   Note payable

3,235

22,169

   Charitable remainder annuity trusts

3,889,122

2,117,874

   Agency obligations

16,203,196

14,289,673

        Total liabilities

21,529,039

17,352,594

   Net assets

19,426,466

16,505,871

$

       40,955,505

$

       33,858,465

The Catholic Foundation Archdiocese of Santa Fe

CONDENSED STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS

Years Ended June 30, 2007 and 2006

2007

2006

Public support and revenues:

   Contributions (net of agency and charitable remainder annuity trust contributions of $2,256,037 in 2007 and $1,282,393 in 2006)

$

1,498,213

$

2,027,807

   Investment income (net of agency income of $2,327,690 in 2007 and $1,456,267 in 2006)

2,314,714

2,264,627

   Change in value in charitable remainder annuity trusts

445,400

158,340

   Other income

176,718

147,510

         Total public support and revenues

4,435,045

4,598,284

Expenses:

   Grants and distributions (net of agency distributions of $631,032 in 2007 and $538,890 in 2006)

1,021,074

361,149

   Investment and administrative expenses (Net agency expenses of $230,021 in 2007 and $208,447 in 2006)

493,376

414,151

        Total expenses

1,514,450

775,300

Change in net assets

2,920,595

3,822,984

Net assets, beginning of year

16,505,871

12,682,887

Net assets, end of year

$

       19,426,466

$

       16,505,871