2013-04-22T12:39:54-05:00 2012-09-30 020327524 NATHAN WECHSLER & COMPANY PA 70 COMMERCIAL STREET SUITE 401 CONCORD NH 03301 990 2011-10-01 020233250 NEW HAMPSHIRE HISTORICAL SOCIETY NEWH 6038560602 30 PARK ST CONCORD NH 03301 MICHAEL C SUNUNU TREASURER 6038560602 2013-04-17 1 P00366101 6032245357 2011 2016-03-07 17:11:31Z WILLIAM H DUNLAP 30 PARK ST CONCORD NH 03301 4286085 0 X NHHISTORY.ORG X 1823 NH TO EDUCATE A DIVERSE PUBLIC ABOUT THE SIGNIFICANCE OF NEW HAMPSHIRE'S PAST AND ITS RELATIONSHIP TO OUR LIVES TODAY. IN SUPPORT OF THE MISSION, THE SOCIETY COLLECTS, PRESERVES, AND INTERPRETS MATERIAL PERTAINING TO NEW HAMPSHIRE HISTORY. 20 20 43 104 11932 -4973 692479 1480127 91427 113976 665651 457766 396124 410551 1845681 2462420 0 0 0 0 935139 936136 24475 52890 428916 1013581 938329 1973195 1927355 -127514 535065 15487902 17592097 509250 677918 14978652 16914179 TO EDUCATE A DIVERSE PUBLIC ABOUT THE SIGNIFICANCE OF NEW HAMPSHIRE'S PAST AND ITS RELATIONSHIP TO OUR LIVES TODAY. TO THIS END, THE SOCIETY COLLECTS, PRESERVES, AND INTERPRETS MATERIAL PERTAINING TO NEW HAMPSHIRE HISTORY. 0 0 629167 40579 LIBRARY AND MUSEUM: THE NEW HAMPSHIRE HISTORICAL SOCIETY COLLECTS AND PRESERVES THE MOST EXTENSIVE COLLECTION OF OBJECTS, BOOKS, MANUSCRIPTS, AND IMAGES RELATED TO NEW HAMPSHIRE HISTORY THAT CAN BE FOUND ANYWHERE. THESE COLLECTIONS OFFER THE MOST COMPLETE PICTURE AVAILABLE OF THE SOCIAL, ECONOMIC, POLITICAL, AND CULTURAL HISTORY OF NEW HAMPSHIRE OVER NEARLY FOUR CENTURIES. 154142 48111 EDUCATION: THE HISTORICAL SOCIETY OFFERS A DIVERSE RANGE OF EDUCATIONAL PROGRAMS INCLUDING GUIDED MUSEUM VISITS, TEACHING AND LEARNING AIDS, TEACHER WORKSHOPS, AND A HISTORY CURRICULUM FOR SCHOOL CHILDREN GRADES K-12. 431227 25286 THE SOCIETY OPERATES A MUSEUM STORE, WHICH SELLS BOOKS AND GOODS RELATED TO NEW HAMPSHIRE AND ITS HISTORY AS WELL AS NEW HAMPSHIRE-MADE PRODUCTS. THE SOCIETY ALSO OFFERS PUBLIC RELATIONS AND MEMBER SERVICES FOR VARIOUS VISITORS AND PATRONS. OTHER PROGRAMS INCLUDE PUBLICATIONS, EXHIBITS, FACILITIES, BUILDINGS, GROUNDS, AND SECURITY. 1214536 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 8 0 1 43 1 1 1 1 CJ 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X X X ANN-MARIE MILLER 6038560602 30 PARK STREET CONCORD NH 03301 BARBARA A PITSCH 3.50 X X 0 0 0 STANLEY A HAMEL 1.00 X X 0 0 0 MICHAEL C SUNUNU 3.50 X X 0 0 0 DAVID SOUTER 1.00 X X 0 0 0 JOEL J BEDOR 1.00 X 0 0 0 KATHLEEN A BELKO 1.00 X 0 0 0 Q DAVID BOWERS 1.00 X 0 0 0 GLENN K CURRIE 1.00 X 0 0 0 JOHN ROBINSON 1.00 X 0 0 0 MARGARET MARSHALL 1.00 X 0 0 0 PATRICIA S MEYERS 1.00 X 0 0 0 JANE C NYLANDER 1.00 X X 0 0 0 SUSAN P SLOAN 1.00 X 0 0 0 DAVID M SUNDMAN 1.00 X 0 0 0 KURT M SWENSON 2.30 X 0 0 0 WILLIAM W UPTON 2.00 X 0 0 0 PAMELA D VANARSDALE 1.00 X 0 0 0 JOHN F SWOPE 2.30 X 0 0 0 CYNTHIA J VAN ZANDT 2.60 X 0 0 0 WILLIAM P VEILLETTE 1.00 X 0 0 0 EDWARD E SHUMAKER 1.00 X 0 0 0 WILLIAM H DUNLAP 40.00 X 94079 0 12532 94079 0 12532 0 0 0 0 0 378555 1101572 214176 1480127 EDUCATION PROGRAMS 611710 48111 48111 PUBLICATIONS 511190 25286 25286 MUSEUM 900099 21490 21490 LIBRARY 900099 19089 19089 113976 446549 446549 669298 308466 360832 360832 360832 1468418 1457201 11217 11217 11217 12455 0 12455 12455 93379 57998 35381 23449 11932 VAR. ADMINISTRATIVE 900099 1883 1883 1883 2462420 137425 11932 832936 119902 40766 19184 59952 688591 478935 31397 178259 66706 34724 23696 8286 60937 33421 18700 8816 75 75 21500 21500 52890 52890 24682 24682 88289 60621 13426 14242 56061 24519 7066 24476 42442 22026 5231 15185 39936 16937 11979 11020 149257 139889 7238 2130 11928 8563 2766 599 8341 661 40 7640 9696 9696 156284 156284 32093 20431 11662 EXHBTS, ACQ. & CONSERV. 136043 136043 BAD DEBT PROVISIONS 70194 70194 PUBLICATIONS 23738 23738 SPECIAL FUNDRAISING 21668 21668 46102 16978 5371 23753 1927355 1214536 283903 428916 199050 207305 135407 209078 48379 200791 1824 1781 84835 71740 45157 79446 7982146 3995511 4176213 3986635 5654091 8324641 4968415 3699448 174531 811232 15487902 17592097 239041 207246 20314 20434 249895 249895 0 200343 509250 677918 X 8289756 10205774 2282615 2605954 4406281 4102451 14978652 16914179 15487902 17592097 X 535065 1400462 X 0 1 1 X 0 X 874368 496076 531136 707574 1480127 4089281 874368 496076 531136 707574 1480127 4089281 4089281 1060797 1002584 1074671 1159324 1115847 5413223 7802 7690 1883 17375 9519879 1175868 0.42960 0.43090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 5746967 101894 1112374 307888 22580 6630767 6033184 51751 -7437 305017 25514 5746967 5415962 78743 1065075 501024 25572 6033184 5343688 30566 601980 514342 45930 5415962 0.36980 0.38590 0.24420 0 0 200000 200000 6293835 2714959 3578876 946852 743903 202949 541459 536649 4810 3986635 MONEY MARKET FUNDS 96523 F PRIVATE EQUITIES 1595921 F FIXED INCOME BONDS 534122 F BENEFICIAL INTERESTS IN TRUSTS 1472882 F 3699448 ANNUITY PAYABLE 200343 200343 2462420 1927355 535065 1395989 4473 1400462 1935527 4235780 1395990 6433 370937 1773360 2462420 0 2462420 2300253 6433 366464 372897 1927356 0 1927356 PART III, LINE 1A: IN ACCORDANCE WITH SFAS 116, THE SOCIETY HAS ELECTED NOT TO REPORT COLLECTION ITEMS IN ITS STATEMENT OF FINANCIAL POSITION OR STATEMENT OF ACTIVITIES. COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS A DECREASE IN UNRESTRICTED NET ASSETS IF PURCHASED WITH UNRESTRICTED ASSETS AND AS DECREASES IN TEMPORARILY RESTRICTED OR PERMANENTLY RESTRICTED NET ASSETS IF PURCHASED WITH DONOR-RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. THE SOCIETY HAS A POLICY THAT REQUIRES NET PROCEEDS REALIZED FROM THE SALE OR TRANSFER OF DEACCESSIONED OBJECTS WILL BE USED ONLY FOR ACQUISITION AND CONSERVATION OF COLLECTIONS. THE SOCIETY'S COLLECTIONS INCLUDE BOOKS, MANUSCRIPTS, PHOTOGRAPHS, RESEARCH MATERIALS AND OBJECTS RELATING TO THE HISTORY OF NEW HAMPSHIRE. THESE COLLECTIONS HAVE BEEN ACQUIRED BY DONATION, BEQUESTS AND PURCHASES. COLLECTION ITEMS ARE ACQUIRED OR CONSERVED BASED ON THE SOCIETY'S LONG-RANGE PLANS FOR COLLECTIONS DEVELOPMENT. COLLECTIONS ARE MADE AVAILABLE FOR SCHOLARLY USE BY THE PUBLIC AND MAINTAINED UNDER APPROPRIATE SECURITY AND PRESERVATION CONDITIONS. PART III, LINE 4: THE SOCIETY'S COLLECTIONS INCLUDE BOOKS, MANUSCRIPTS, PHOTOGRAPHS, RESEARCH MATERIALS AND OBJECTS RELATING TO THE HISTORY OF NEW HAMPSHIRE. THESE COLLECTIONS HAVE BEEN ACQUIRED BY DONATION, BEQUESTS AND PURCHASES. COLLECTION ITEMS ARE ACQUIRED OR CONSERVED BASED ON THE SOCIETY'S LONG-RANGE PLANS FOR COLLECTIONS DEVELOPMENT. COLLECTIONS ARE MADE AVAILABLE FOR SCHOLARLY USE BY THE PUBLIC AND MAINTAINED UNDER APPROPRIATE SECURITY AND PRESERVATION CONDITIONS. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE SOCIETY HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT FUNDS WHILE ALSO MAINTAINING THE PURCHASING POWER OF THOSE ENDOWMENT ASSETS OVER THE LONG-TERM. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SOCIETY IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION; HOWEVER, CERTAIN UNRELATED BUSINESS INCOME IS SUBJECT TO FEDERAL TAXATION. FOR THE YEAR ENDED SEPTEMBER 30, 2012, THERE WAS NO LIABILITY FOR A TAX ON UNRELATED BUSINESS INCOME. THE SOCIETY HAS ADOPTED THE PROVISIONS OF FASB ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ACCORDINGLY, MANAGEMENT HAS EVALUATED THE SOCIETY'S TAX POSITIONS AND CONCLUDED THE SOCIETY HAD MAINTAINED ITS TAX-EXEMPT STATUS, DOES NOT HAVE ANY SIGNIFICANT UNRELATED BUSINESS INCOME AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT OR DISCLOSURE IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE SOCIETY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL OR STATE TAX AUTHORITIES FOR YEARS BEFORE 2009. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 4,473. PART XI, LINE 8: CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE $ 4,473 PART XII, LINE 2D: CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE $ 4,473 MUSEUM SHOP COST OF GOODS SOLD NETTED $ 57,998 RENTAL EXPENSES NETTED $308,466 PART XIII, LINE 2D: MUSEUM SHOP COST OF GOODS SOLD NETTED $ 57,998 RENTAL EXPENSES NETTED $308,446 X X X X 1 SHARON PRESSLEY-FIERO DBA WATERSIDE CONSULTING GROUP 1686 WASHINGTON ST 2 BOSTON MA 02118 FUNDRAISING CONSULTANT 0 909718 52890 856828 909718 52890 856828 MERRIMACK COUNTY SAVINGS BANK OPERATING LINE OF CREDIT X 250000 249895 0 1 1 249895 X 85 X 0 X 16 214176 X 766 X 28 0 1 0 1 0 NON REPORTING OF REVENUE: PART I, LINE 33: IN ACCORDANCE WITH SFAS 116, THE SOCIETY HAS ELECTED NOT TO REPORT COLLECTION ITEMS IN ITS STATEMENT OF FINANCIAL POSITION OR STATEMENT OF ACTIVITIES. COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS A DECREASE IN UNRESTRICTED NET ASSETS IF PURCHASED WITH UNRESTRICTED ASSETS AND AS DECREASES IN TEMPORARILY RESTRICTED OR PERMANENTLY RESTRICTED NET ASSETS IF PURCHASED WITH DONOR-RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. THE SOCIETY HAS A POLICY THAT REQUIRES NET PROCEEDS REALIZED FROM THE SALE OR TRANSFER OF DEACCESSIONED OBJECTS WILL BE USED ONLY FOR ACQUISITION AND CONSERVATION OF COLLECTIONS. THE SOCIETY'S COLLECTIONS INCLUDE BOOKS, MANUSCRIPTS, PHOTOGRAPHS, RESEARCH MATERIALS AND OBJECTS RELATING TO THE HISTORY OF NEW HAMPSHIRE. THESE COLLECTIONS HAVE BEEN ACQUIRED BY DONATION, BEQUESTS AND PURCHASES. COLLECTION ITEMS ARE ACQUIRED OR CONSERVED BASED ON THE SOCIETY'S LONG-RANGE PLANS FOR COLLECTIONS DEVELOPMENT. COLLECTIONS ARE MADE AVAILABLE FOR SCHOLARLY USE BY THE PUBLIC AND MAINTAINED UNDER APPROPRIATE SECURITY AND PRESERVATION CONDITIONS. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP MEMBERSHIP CATEGORIES: THE SOCIETY SHALL CONSIST OF INDIVIDUAL, COUPLE, FAMILY, BUSINESS, NONPROFITS, FOUNDATIONS, AND COMPLIMENTARY MEMBERS IN GOOD STANDING BY VIRTUE OF THEIR HAVING PAID THEIR DUES AND SUCH OTHER CATEGORIES OF MEMBERSHIP AS MAY FROM TIME TO TIME BE ESTABLISHED BY THE BOARD OF TRUSTEES. QUALIFICATIONS: MEMBERSHIP SHALL BE OPEN TO ALL OF THE ABOVE WHO ARE INTERESTED IN FURTHERING THE PURPOSES AND WORK OF THE SOCIETY, TO BE EFFECTIVE UPON PAYMENT OF DESIGNATED DUES AND SHALL BE VALID FOR ONE YEAR FROM THE DATE OF PAYMENT. RIGHTS AND PRIVILEGES OF MEMBERSHIP: ONLY THOSE MEMBERS OF ALL CATEGORIES THAT HAVE PAID THEIR DUES AND ARE IN GOOD STANDING SHALL BE ENTITLED TO VOTE, ONE VOTE PER MEMBER, AT ALL MEETINGS OF THE MEMBERS, AND TO THE FULL PRIVILEGES OF MEMBERSHIP IN THE SOCIETY, AS DETERMINED FROM TIME TO TIME BY, AND SUBJECT TO SUCH REGULATIONS AS MAY BE PRESCRIBED BY, THE BOARD OF TRUSTEES. VOTING IS LIMITED TO PERSONS EIGHTEEN (18) YEARS OF AGE OR OLDER. VOTING MAY BE EXERCISED IN PERSON OR BY PROXY AS DETERMINED BY THE TRUSTEES, IN WHICH EVENT PROXIES SHALL BE COUNTED FOR THE PURPOSE OF DETERMINING A QUORUM. DUES: THE BOARD OF TRUSTEES SHALL FROM TIME TO TIME DETERMINE THE AMOUNT OF ANNUAL DUES PAYABLE BY MEMBERS OF EACH CATEGORY. THE TRUSTEES SHALL, AT THEIR DISCRETION, DISCOUNT DUES FOR ANY AND ALL CATEGORIES OF MEMBERSHIP. WHEN ANY MEMBER SHALL BECOME DELINQUENT IN THE PAYMENT OF DUES,HIS OR HER MEMBERSHIP SHALL TERMINATE AND HE OR SHE SHALL NO LONGER BE A MEMBER IN GOOD STANDING. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS VOTE TO ELECT MEMBERS OF THE BOARD TRUSTEES AT THE ANNUAL MEETING. MEMBERS DO NOT VOTE TO ELECT OFFICERS OF THE BOARD. OFFICERS ARE ELECTED BY THE BOARD FORM 990, PART VI, SECTION B, LINE 11 THE COMPLETED FORM 990 IS PRESENTED TO A BOARD OF TRUSTEES COMMITTEE FOR REVIEW PRIOR TO THE TREASURER'S SIGNING AND FILING. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES HAVING A REAL OR APPARENT CONFLICT OF INTEREST IN ANY MATTER BEFORE THE BOARD MUST DISCLOSE THE POSSIBLE CONFLICT AND EXCLUDE THEMSELVES FROM THE DISCUSSION AND/OR VOTE ON THE MATTER IN QUESTION. TRUSTEES HAVING AN INTEREST IN A PROPOSED PECUNIARY BENEFIT TRANSACTION WITH THE SOCIETY THAT IS BROUGHT BEFORE THE BOARD SHALL HAVE AN AFFIRMATIVE OBLIGATION TO DISCLOSE SUCH INTEREST AND SHALL BE PROHIBITED FROM BEING PRESENT DURING OR PARTICIPATING IN THE DISCUSSION ON THE SUBJECT OR VOTING THEREON. THE BOARD SHALL AUTHORIZE THE SOCIETY TO ENTER INTO SUCH TRANSACTIONS ONLY IN ACCORDANCE WITH THE APPLICABLE PROVISIONS OF RSA 7:19-A. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR TOP OFFICIAL THE NEW HAMPSHIRE HISTORICAL SOCIETY IS COMMITTED TO USING ITS RESOURCES EFFICIENTLY AND EFFECTIVELY TO SERVE THE PUBLIC AND FULFILL ITS MISSION. THE INSTITUTION ADHERES TO GOOD GOVERNANCE PRACTICES IN ESTABLISHING EXECUTIVE COMPENSATION. THE EXECUTIVE COMMITTEE SERVES AS THE COMPENSATION COMMITTEE OF THE SOCIETY AND MAKES RECOMMENDATIONS TO THE FULL BOARD OF TRUSTEES IN MATTERS OF THE EXECUTIVE DIRECTOR'S TERMS OF EMPLOYMENT INCLUDING COMPENSATION AND BENEFITS. THE COMPENSATION AND BENEFITS OF THE EXECUTIVE DIRECTOR IS SET FORTH IN EITHER A WRITTEN COMPENSATION AND BENEFITS TERM SHEET, OR IN A FORMAL WRITTEN EMPLOYMENT AGREEMENT EXECUTED BETWEEN THE SOCIETY AND THE EXECUTIVE DIRECTOR. THE EXECUTIVE COMMITTEE WILL SUBMIT THE RECOMMENDED COMPENSATION TERM SHEET OR FORMAL EMPLOYMENT AGREEMENT WITH THE EXECUTIVE DIRECTOR TO THE BOARD OF TRUSTEES FOR DISCUSSION AND ACTION. THE BOARD AND EXECUTIVE COMMITTEE DISCUSS THE MATTER DURING A PORTION OF THE BOARD MEETING WHEN THE EXECUTIVE DIRECTOR IS EXCUSED FROM THE MEETING AND NOT PRESENT. THE TERM SHEET OR FORMAL AGREEMENT WITH THE EXECUTIVE DIRECTOR MUST BE APPROVED BY A MAJORITY VOTE OF THE BOARD OF TRUSTEES PRESENT AT A DULY CALLED AND HELD BOARD OF TRUSTEES MEETING WHERE THE REQUIRED QUORUM OF DIRECTORS IS PRESENT TO CONDUCT A MEETING. COMPARISONS OF PUBLIC DATA ON EXECUTIVE DIRECTOR COMPENSATION ARE USED AND DOCUMENTED IN DETERMINING THE EXECUTIVE DIRECTOR COMPENSATION, AS WELL AS FACTS AND CIRCUMSTANCES RELATING TO THE PAST PERFORMANCE OF THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR COMPENSATION PACKAGE IS REVIEWED REGULARLY BY THE BOARD OF TRUSTEES. COMPENSATION PROCESS FOR OFFICERS (SENIOR MANAGERS) THE EXECUTIVE DIRECTOR OF THE SOCIETY IS RESPONSIBLE FOR ALL ADMINISTRATIVE DETAILS, AND IMPLEMENTATION OF POLICIES, PROGRAMS, AND LONG RANGE OBJECTIVES APPROVED BY THE BOARD OF TRUSTEES. THE EXECUTIVE DIRECTOR EXERCISES FULL SUPERVISION AND MANAGEMENT OF ALL PERSONNEL, ASSIGNS DUTIES AND SO FORTH WITHIN THE POLICIES APPROVED BY THE BOARD. COMPENSATION FOR SENIOR MANAGERS IS DETERMINED THROUGH A DUE DILIGENCE PROCESS THAT THE CEO EMPLOYS BASED UPON THE COMPARISONS OF PUBLIC DATA, PARTICULARLY THE PUBLISHED WAGE SCALES OF THE NEW ENGLAND MUSEUM ASSOCIATION, PAST PERFORMANCE, AND THE AMBITIOUS GOALS STATED IN SENIOR MANAGERS' ANNUAL WORK PLAN OBJECTIVES. OVERALL COMPENSATION IS REVIEWED BY THE FINANCE COMMITTEE AND A RECOMMENDATION IS MADE TO THE BOARD OF TRUSTEES FOR THEIR APPROVAL AS PART OF THE ANNUAL BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE SOCIETY'S IRS FORM 990 IS AVAILABLE AT WWW.GUIDESTAR.ORG OR BY APPOINTMENT AT THE SOCIETY'S LIBRARY. THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE BY APPOINTMENT AT THE SOCIETY'S LIBRARY IN CONCORD, NH. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,395,989. CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 4,473. TOTAL TO FORM 990, PART XI, LINE 5: 1,400,462.