Endowment net asset composition by type of fund as of June 30, 2015 is as follows:
| Unrestricted | Temporarily Restricted | Permanently Restricted | Total Net Endowment Assets | |
|---|---|---|---|---|
| Donor-restricted endowment funds | $- | $5,032,261 | $3,631,428 | $8,663,689 |
Endowment net asset composition by type of fund as of June 30, 2014 was as follows:
| Unrestricted | Temporarily Restricted | Permanently Restricted | Total Net Endowment Assets | |
|---|---|---|---|---|
| Donor-restricted endowment funds | $- | $4,891,754 | $3,465,357 | $8,357,111 |
Changes in endowment net assets as of June 30, 2015 are as follows:
| Unrestricted | Temporarily Restricted | Permanently Restricted | Total Net Endowment Assets | |
|---|---|---|---|---|
| Endowment net assets, beginning of year | $ - | $ 4,891,754 | $ 3,465,357 | $ 8,357,111 |
| Contributions | - | - | 126,439 | 126,439 |
| Interest and dividends | - | 201,540 | - | 201,540 |
| Realized and unrealized gains | - | 174,583 | - | 174,583 |
| Amounts appropriated for expenditure | - | (235,616) | - | (235,616) |
| Reclassifications | - | - | 39,632 | 39,632 |
| Endowment net assets, end of year | $ - | $ 5,032,261 | $ 3,631,428 | $ 8,663,689 |