2025 CFAAC Annual Report - Report - Page 45
45
Where giving went in 2025.
FINANCIAL SUMMARY
Building on a strong foundation.
GRANTMAKING BY FOCUS AREA
Children, Youth, and Education
38%
COMBINED STATEMENT OF FINANCIAL POSITION
ASSETS
Human Services and Basic Needs
32%
Health, Wellness, and Support
8%
Environment
7%
12/31/2025*
Cash & Cash Equivalents
$
Contributions & Other Receivables
Investments
12/31/2024
557,342
$
581,343
$
2,215,311
$
2,227,582
$
45,269,470
$
38,436,380
Other Assets
$
541,077
$
580,970
Total Assets
$
48,583,200
$
41,826,275
Liabilities
$
1,075,799
$
1,011,388
Agency Funds
$
3,331,456
$
2,491,024
LIABILITIES & NET ASSETS
Capacity Building
6%
Other (Faith Based, Veterans, Animals, etc.)
5%
Arts and Culture
$0.0M
4%
$2.0M
$4.0M
Giving that goes further, for generations.
Net Assets
$
44,175,945
$
38,323,863
Total Liabilities & Net Assets
$
48,583,200
$
41,826,275
COMBINED STATEMENT OF ACTIVITIES
SUPPORT & REVENUE
12/31/2024
Contributions
$
15,197,558
$
13,981,227
Special Events
$
135,684
$
93,208
Other Income
$
8,850
$
38,673
Investment Income (Loss)
$
5,315,180
$
1,778,271
Total Support & Revenue
ENDOW MARYLAND TAX CREDITS
12/31/2025*
$
20,657,272
$
15,891,379
GRANTS & EXPENSES
Endow Maryland rewards donors who build permanent charitable funds at
qualified community foundations. Gifts of $500 or more to eligible CFAAC funds
qualify for a 25% Maryland state tax credit, invested to grow and generate grants
year after year. Learn more at cfaac.org/EndowMaryland.
$47,052
$188,209
TAX CREDITS LEVERAGED
IN 2025
NEW ENDOWED ASSETS
CREATED
Grants Distributed & Programs
$
9,742,889
$
5,225,855
Operating Expenses
$
655,046
$
613,903
Total Grants & Expenses
$
10,397,935
$
5,839,758
Change in Net Assets
$
10,259,337
$
10,051,621
Beginning Net Assets
$
38,323,863
$
28,272,242
Ending Net Assets
$
48,583,200
$
38,323,863
NET ASSETS
*Unaudited figures. Audited Financial Summary available upon request when completed.
