0325-GCG-FoothillsConservancy_ESG25_12-18 (2) - Flipbook - Page 44
Foothills Conservancy of North Carolina
Financial
Summary
(January 1, 2023 - December 31, 2024)
Assets
2024
2023
Current Assets
Cash & Equivalents
$
Receivables
11,070,772
$
-
Total Current Assets
12,694,828
23,216
$
11,070,772
$
12,718,044
Conservation Property & Equipment
$
34,163,525
$
28,842,528
Total Assets
$
45,234,297
$
41,560,572
$
1,416,464
$
3,639,262
Long-term Assets
Liabilities & Net Assets
Current Liabilities
Total Net Assets
43,817,833
Total Liabilities & Net Assets
$
45,234,297
37,921,311
$
41,560,573
Endowment &
Reserve Funds
(as of December 31, 2024)
Restricted
Endowments*
$
1,538,635
Unrestricted
$
921,890
Board Designated
$
2,340,151
Total
$
4,800,676
Short-term Investment Portfolio**
-
3,579,423
-
3,579,423
Preserve Management Fund
-
310,800
-
310,800
Land Acquisition Fund
281,173
599,855
332,593
1,213,621
Trails Program Fund
77,771
141,998
-
219,769
Operating Reserve
-
733,957
-
733,957
Total
$
1,897,579
$
$6,287,923
$
*Foundation for the Carolinas; Community Foundation of WNC; Community Foundation of Burke County
** Diversi昀椀ed Trust
38
2,672,744
$
10,858,246
