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BRADLEY FOUNDATION
2011 Annual Report
Bradley Foundation
Bradley Foundation
Officers
Terry Considine, Chairman
David V. Uihlein, Jr., Vice Chairman
Michael W. Grebe, President & CEO
Thomas L. Smallwood, Secretary
Daniel P. Schmidt, Vice President for Program
Robert E. Norton II, Vice President for External Relations
Cynthia K. Friauf, Vice President for Finance, Treasurer & Assistant Secretary
R. Michael Lempke, Vice President for Investments
Mandy L. Hess, Controller & Assistant Treasurer
Terri L. Famer, Vice President for Administration & Assistant Secretary
Program Staff
Daniel P. Schmidt, Vice President for Program
Dianne J. Sehler, Director of Academic, International and Cultural Programs
Michael E. Hartmann, Director of Research and Evaluation
Alicia L. Manning, Director of New Citizenship Programs
Janet F. Riordan, Director of Community Programs
William J. Bergeron, Librarian
Dionne M. King, Program Assistant
Administrative Staff
Terri L. Famer, Vice President for Administration
Yvonne Engel, Grants Administrator
Diane M. Lask, Receptionist/Clerical Assistant
Stephanie A. Rohr, Office Assistant
Dennis H. Grueneberg, Operations
Table of Contents
Bradley Brothers Legacy................................................................................................................................. 6
Current Program Interests.............................................................................................................................. 7
Grantmaking Policies....................................................................................................................................... 9
Application Procedure................................................................................................................................... 10
Grants Awarded.............................................................................................................................................. 11
Donor Intent Program................................................................................................................................... 31
Bradley Prizes.................................................................................................................................................. 34
Bradley Symposium........................................................................................................................................ 36
Financial Highlights...................................................................................................................................... 37
n 1903, Lynde and Harry Bradley established a new business in Milwaukee, Wisconsin. It took courage and
confidence for them to risk resources in a new venture, based only on their judgment of what was and their
vision of what could be. The Bradleys confidence was bolstered by the knowledge that in America, not only were they
free to start a business, they could also begin again if they failed. The Bradleys, however, would not fail. Their business
grew to become the Allen-Bradley Company.
When the Allen-Bradley Company was acquired by Rockwell International Corporation in 1985, a significant
portion of the proceeds was dedicated to establishing The Lynde and Harry Bradley Foundation.
Although it has no direct ties to the Allen-Bradley Company, the purpose of the Foundation is to
commemorate Lynde and Harry Bradley by preserving and extending the principles and philosophy by which they lived
and upon which they built the company.
As their efforts succeeded, their business grew and eventually extended far beyond its Milwaukee headquarters.
Lynde and Harry Bradley remained devoted to the city where they began their enterprise and in which they lived and
worked for so many years. Their foundation will continue the Bradleys interest in helping to improve the quality of
life in the Milwaukee metropolitan area.
The Bradleys lived and worked according to several philosophical principles. They believed that, over time, the
consequences of ideas were more decisive than the force of political or economic movements. They recognized the
interdependence of human endeavors cultural, educational, philosophical, economic and they rejected exclusionary
emphasis on any single element. The brothers had an abiding belief in the dignity and decency of each person. They
felt that only in an environment of political and economic freedom could individuals develop their talents, hone their
skills and intellects, and contribute to the improvement of the human condition. The success of the Allen-Bradley
Company stands as eloquent testimony to the enduring quality of these principles.
The Bradley brothers were committed to preserving and defending the tradition of free representative government
and private enterprise that has enabled the American nation and, in a larger sense, the entire Western world to
flourish intellectually and economically. The Bradleys believed that the good society is a free society. The Lynde and
Harry Bradley Foundation is likewise devoted to strengthening American democratic capitalism and the institutions,
principles and values that sustain and nurture it. Its programs support limited, competent government; a dynamic
marketplace for economic, intellectual, and cultural activity; and a vigorous defense at home and abroad of American
ideas and institutions. In addition, recognizing that responsible self-government depends on enlightened citizens and
informed public opinion, the Foundation supports scholarly studies and academic achievement.
he Foundations Board, on occasion, undertakes to define and redefine its current program interests. At
present, the Foundation aims to encourage projects that focus on cultivating a renewed, healthier, and
more vigorous sense of citizenship among the American people, and among peoples of other nations, as well.
The free society so central to the convictions and success of the Bradley brothers rests upon and is intended to
nurture a solid foundation of competent, self-governing citizens, who are understood to be fully capable of and
personally responsible for making the major political, economic, and moral decisions that shape their own lives, and
the lives of their children. Such decisions are made on the basis of common sense, received wisdom, traditional values,
and everyday moral understandings, which are in turn nurtured and passed on to future generations by healthy families,
churches, neighborhoods, voluntary associations, schools, and other value-generating mediating structures.
This expansive understanding of citizenship is being challenged today, however, by contemporary forces and ideas
that regard individuals more as passive and helpless victims of powerful external forces than as personally responsible,
self-governing citizens, and that foster a deep skepticism about citizenly values and mediating structures.
Consequently, authority and accountability tend to flow away from citizens toward centralized, bureaucratic, serviceproviding institutions that claim to be peculiarly equipped to cope with those external forces on behalf of their
clients. This systematic disenfranchisement of the citizen, and the consequent erosion of citizenly mediating
structures, pose grave threats to the free society that the Bradley bothers cherished.
In light of these considerations, projects likely to be supported by the Foundation will generally share these
assumptions:
HH They will treat free men and women as genuinely self-governing, personally responsible citizens, not as victims
or clients.
HH They will aim to restore the intellectual and cultural legitimacy of citizenly common sense, the received wisdom
of experience, everyday morality, and personal character, refurbishing their roles as reliable guideposts of
everyday life.
HH They will seek to reinvigorate and reempower the traditional, local institutions families, schools, churches, and
neighborhoods that provide training in and room for the exercise of genuine citizenship, that pass on everyday
morality to the next generation, and that cultivate personal character.
HH They will encourage decentralization of power and accountability away from centralized, bureaucratic, national
institutions back to the states, localities, and revitalized mediating structures where citizenship is more fully
realized.
n addition to these thematic considerations, eligible projects will exhibit these features:
HH They may address any arena of public life economics, politics, culture, or civil society where citizenship
as here understood is an important issue. It is important to note that our view of citizenship is not
primarily concerned with promoting civics education, voter awareness or turn-out, or similar activities
narrowly focused on voting and elections.
HH They may address the problem of citizenship at home or abroad, where the fall of many (and the
perpetuation of some) totalitarian regimes has made this issue particularly urgent.
HH In light of our emphasis on decentralization, and considering the Foundations deep roots in Milwaukee and
Wisconsin areas with proud traditions of innovation and experimentation in democratic citizenship
community and state projects will be of particular interest to us. Such projects will aim to improve the life
of the community through increasing cultural and educational opportunities, grass-roots economic development,
and effective and humane social and health services, reflecting where possible the Foundations focus on the
resuscitation of citizenship.
HH Projects may be actual demonstrations of the resuscitation of citizenship in the economic, political,
cultural, or social realms; policy research and writing about approaches encouraging that resuscitation;
academic research and writing that explore the intellectual roots of citizenship, its decline, and prospects
for revival; and popular writing and media projects that illustrate for a broader public audience the themes
of citizenship.
Much of the creative and energetic leadership essential for a renewal of citizenship will be supplied by
gifted individuals, who must receive challenging and stimulating programs and instruction at all levels of their
education. The Foundation supports programs that research the needs of gifted children and techniques of
providing education for students with superior skills and/or intelligence. Research programs investigating how
learning occurs in gifted children and demonstration programs of instruction are to be considered.
Grantmaking Policies
he programs and funding decisions of the Bradley Foundation are the responsibility of the Board of
Directors. At the discretion of the Board, the policies set forth herein will be modified in response to
changing conditions and priorities.
The guidelines established by the Board of Directors will normally preclude funding for unspecified and
undetailed overhead costs. No funds will be authorized for fees payable to fund-raising counsel. In addition, grants
without significant import to the Foundations areas of interest will only under special conditions be considered for
endowment or deficit-financing purposes.
HH Favor projects that are not normally financed by public tax funds;
HH Consider requests for building projects and limit grants to a fraction of the total cost.
Grantees must possess the resources to properly administer grants from the Foundation. The Foundation
conducts an annual evaluation of grants, and grantees are asked to provide periodic reports on the progress of their
work.
Application Procedure
wo steps are required in the application process. First, the applicant should prepare a brief letter of
inquiry to the Grant Program, describing the applying organization and its intended project. If the
Foundation determines the project to be within the current program interests as determined by its Board of Directors,
the applicant will be invited to submit a formal proposal.
Second, if invited to submit a formal proposal, the applicant should submit another letter. It should include a
more-thorough, yet still concise description of the project, its objectives and significance, and the qualifications of the
groups and individuals involved in it. It should also include a project budget, the specific amount being sought from
the Bradley Foundation, and a list of other sources of support, philanthropic or otherwise.
The applicant should submit a copy of the Internal Revenue Service letter confirming the applying entity's taxexempt and public-support status under Sections 501(c)(3) and 509(a), respectively, of the Internal Revenue Code.
Should the Foundation's program staff find it necessary or desirable, it may arrange a meeting with the
applicant after the receipt of a written proposal. After the staff comprehensively reviews proposals, the Board acts on
them. All grantmaking authority rests with the Board.
The Board of Directors meets four times a year. To be considered, full proposals should be submitted by
February 1, May 1, August 1, and November 1. In most cases, staff is able to complete its reviews of proposals in time
for the next scheduled Board meeting. Occasionally, it is not, or Board consideration is deferred to a later meeting.
Because of the necessarily limited resources of the Foundation, many worthwhile projects cannot be supported, of
course. The demands on the Foundations resources also limit the size of particular grants and the ability of the
Foundation to make commitments for extended periods. For more information about the Bradley Foundation,
including our guidelines for submitting proposals, please visit our website at www.bradleyfdn.org.
March 2012
Proposals and inquiries should be sent to:
Grants Program
The Bradley Foundation
1241 North Franklin Place
Milwaukee, WI 53202-2901
Phone (414) 291-9915
Fax (414) 291-9991
10
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
11
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
Port Washington, WI
Milwaukee, WI
Milwaukee, WI
BRADLEY LEGACY
Family and Society
Milwaukee, WI
Waukesha, WI
Milwaukee, WI
ALMA CENTER
Green Bay, WI
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
HEALING CENTER
Milwaukee, WI
Milwaukee, WI
12
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
Wauwatosa, WI
Milwaukee, WI
SERENITY INNS
Milwaukee, WI
Milwaukee, WI
13
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
WORKS OF MERCY
Milwaukee, WI
Milwaukee, WI
BRADLEY LEGACY
Education
Delafield, WI
Grafton, WI
Milwaukee, WI
Milwaukee, WI
SOAR OF RACINE
Racine, WI
14
Madison, WI
Madison, WI
Boston, MA
Verona, WI
Milwaukee, WI
Washington, DC
CITY YEAR
Milwaukee, WI
Boston, MA
Milwaukee, WI
Milwaukee, WI
ECONOMICS WISCONSIN
Milwaukee, WI
Milwaukee, WI
BRADLEY LEGACY
Civic Growth and Prosperity
Muskegon, MI
AMERICAN MAJORITY
Purcellville, VA
Milwaukee, WI
15
Milwaukee, WI
Madison, WI
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
To support expansion.......................................................................145,000
Milwaukee, WI
Houston, TX
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
Hartland, WI
16
UEC/MVP PROJECT
Milwaukee, WI
Milwaukee, WI
Milwaukee, WI
BOSTON UNIVERSITY
Boston, MA
17
Hampton, VA
Colorado Springs, CO
New York, NY
Washington, DC
Rockford, IL
Princeton, NJ
HUDSON INSTITUTE
PHILANTHROPY ROUNDTABLE
Washington, DC
Washington, DC
Rome, Italy
RIDGE FOUNDATION
Washington, DC
Charlottesville, VA
Washington, DC
Moscow, Russia
18
EDUCATION
Bellevue, WA
Chicago, IL
Lviv, Ukraine
Denver, CO
UNIVERSITY OF TEXAS-AUSTIN
Austin, TX
WITHERSPOON INSTITUTE
Washington, DC
Princeton, NJ
Mission Viejo, CA
19
DONORS TRUST
Boston, MA
Alexandria, VA
Philadelphia, PA
Clifton Park, NY
Indianapolis, IN
Broomfield, CO
CORNELL UNIVERSITY
Ithaca, NY
Philadelphia, PA
Chicago, IL
Washington, DC
GEORGETOWN UNIVERSITY
Washington, DC
20
New York, NY
Philadelphia, PA
GREATSCHOOLS.NET
Stanford, CA
New York, NY
MARQUETTE UNIVERSITY
Milwaukee, WI
Princeton, NJ
Detroit, MI
South Pasadena, CA
Milwaukee, WI
PRINCETON UNIVERSITY
Princeton, NJ
ROCKETSHIP EDUCATION
Palo Alto, CA
21
UNIVERSITY OF WISCONSIN-MILWAUKEE
Milwaukee, WI
Milwaukee, WI
SEED FOUNDATION
Washington, DC
Kansas City, MO
New York, NY
New Haven, CT
Washington, DC
Herndon, VA
UNIVERSITY OF ARKANSAS
Total Education
$9,257,944
Fayetteville, AR
Sacramento, CA
BECKET FUND
Washington, DC
22
Alexandria, VA
Falls Church, VA
Falls Church, VA
Springfield, VA
Washington, DC
Washingon, DC
Washington, DC
Phoenix, AZ
Washington, DC
HERITAGE FOUNDATION
Washington, DC
Washington, DC
Arlington, VA
Washington, DC
Washington, DC
23
FREEDOM HOUSE
West Point, NY
Washington, DC
Washington, DC
Washington, DC
Washington, DC
Washington, DC
Washington, DC
Washington, DC
Washington, DC
Stanford, CA
HUDSON INSTITUTE
Washington, DC
DUKE UNIVERSITY
Durham, NC
Washington, DC
24
New York, NY
Seattle, WA
Washington, DC
Santa Ana, CA
Arlington, VA
Washington, DC
Washington, DC
Santa Monica, CA
Washington, DC
STANFORD UNIVERSITY
Stanford, CA
Warsaw, Poland
Washington, DC
Philadelphia, PA
Washington, DC
25
PUBLIC DISCOURSE
New York, NY
Washington, DC
Arlington, VA
Washington, DC
Arlington, VA
Chicago, IL
Washington, DC
New York, NY
COLLEGIATE NETWORK
Wilmington, DE
Alexandria, VA
COMMENTARY
New York, NY
FREEDOMWORKS FOUNDATION
Washington, DC
New York, NY
26
New York, NY
Los Angeles, CA
PROMETHEUS INSTITUTE
New York, NY
Irvine, CA
PUBLIC COMMUNICATIONS
Washington, DC
Washington, DC
Dallas, TX
Easton, MD
SPIRIT OF AMERICA
Alexandria, VA
Los Angeles, CA
New York, NY
New Hope, KY
WITHERSPOON INSTITUTE
Washington, DC
Princeton, NJ
PHILADELPHIA SOCIETY
WMC FOUNDATION
Jerome, MI
Madison, WI
PHILLIPS FOUNDATION
Washington, DC
27
Herndon, VA
London, England
Claremont, CA
Grand Rapids, MI
Washington, DC
Washington, DC
Washington, DC
Ave Maria, FL
Washington, DC
Pittsburgh, PA
Bozeman, MT
Washington, DC
28
Alexandria, VA
New York, NY
Arlington, VA
Cambridge, MA
HEARTLAND INSTITUTE
Chicago, IL
Dallas, TX
HERITAGE FOUNDATION
Washington, DC
Encino, CA
Stanford, CA
REASON FOUNDATION
New York, NY
Los Angeles, CA
SAGAMORE INSTITUTE
Vienna, Austria
Indianapolis, IN
29
$31,817,944
30
The Foundation's Donor Intent Program provides donors with an opportunity to align their
charitable interests with the Foundation. The grants listed below were made with funds provided by
The Mr. and Mrs. Michael Keiser Donor Advised Fund at The Chicago Community Trust.
Grand Rapids, MI
Manassas, VA
CARE USA
Washington, DC
Chicago, IL
CATO INSTITUTE
Washington, DC
Washington, DC
New York, NY
Alexandria, VA
Washington, DC
Washington, DC
Herndon, VA
Stamford, CT
Washington, DC
Washington, DC
Sherman Oaks, CA
Washington, DC
31
New York, NY
Stanford, CA
Washington, DC
Rockford, IL
Philadelphia, PA
New York, NY
Arlington, VA
Bozeman, MT
FREEDOMWORKS FOUNDATION
Washington, DC
Indianapolis, IN
Washington, DC
HEARTLAND INSTITUTE
Chicago, IL
LEADERSHIP INSTITUTE
Arlington, VA
HERITAGE FOUNDATION
Washington, DC
32
New York, NY
Erie, PA
Alexandria, VA
Los Angeles, CA
MERCY SHIPS
PHILANTHROPY ROUNDTABLE
Garden Valley, TX
Washington, DC
Mount Vernon, VA
New York, NY
New York, NY
Landsdowne, VA
Dallas, TX
Arlington, VA
Falls Church, VA
Washington, DC
Springfield, VA
Herndon, VA
Alexandria, VA
33
$1,267,000
Bradley Prizes
Bradley Prizes 2011
Milwaukees Lynde and Harry Bradley Foundation awarded its 2011 Bradley Prizes to former Florida Governor Jeb Bush,
New York University law professor Richard A. Epstein, Harvard University political scientist Harvey C. Mansfield, and
Carnegie Mellon University economist Allan H. Meltzer in an inspiring and entertaining ceremony at the John F. Kennedy
Center for the Performing Arts in Washington, D.C., on May 11. The $250,000 prizes recognize and celebrate the honorees achievements in areas consistent with the Foundations mission the promotion and defense of liberal democracy,
democratic capitalism, and American ideas and institutions at home and abroad.
Jeb Bush was elected the 43rd governor of the state of
Florida in 1998 and re-elected in 2002. He is founding Chairman and President of the Foundation for Excellence in Education, a
national organization dedicated to improving educational
quality. Governor Bush is also president of the consulting business Jeb Bush and Associates. In 1987 and 1988, Governor Bush
served as Secretary of Commerce under Floridas 40th governor, Bob
Martinez. In 1995, he founded the policy group Foundation for Floridas
Future which, with the Greater Miami Urban League,
established the states first charter school, Liberty City Charter School.
Governor Bush also co-authored Profiles in Character (1996), a book
recounting the stories of fourteen of Floridas quiet civic heroes. During
2011 Bradley Prizes award recipients
his two terms as Floridas executive, Governor Bush championed major
reform of elementary and secondary education. In 2010, he partnered with former
West Virginia Governor Bob Wise to create the Digital Learning Council. Under
their leadership, the Council has developed a blueprint for local, state, and federal
officials to integrate high-quality digital learning into education.
Richard A. Epstein is the Laurence A. Tisch Professor of Law at New York
University School of Law and the Peter and Kirsten Bedford Senior Fellow at the
Hoover Institution on War, Revolution and Peace. He is also
Senior Lecturer and the James Parker Hall Distinguished Service
Professor, Emeritus, at the University of Chicago Law School. Professor
Epstein has been a member of the American Academy of Arts and Sciences since
1985 and a Senior Fellow of the Center for Clinical Medical Legal Studies at the
University of Chicago Medical School since 1983. From 1981 to 1991, Professor Epstein served as editor of the Journal of Legal Studies and, from 1991
to 2001, of the Journal of Law and Economics. In 2005, Legal Affairs magazine named him one of the twenty leading legal thinkers in the United
George Will, Master of Ceremonies
States. Professor Epstein is known for his scholarship in a broad range of
constitutional, economic, historical, and philosophical subjects. His writings have appeared in professional, policy, and
popular publications, and he is the author of a number of books, including Takings: Private Property and the Power of Eminent
Domain (1985); Simple Rules for a Complex World (1995); Torts (1999); and Skepticism and Freedom: A Modern Case for Classical
Liberalism (2003).
34
Bradley Prizes
Harvey Mansfield is the William R. Kenan, Jr. Professor of Government, Harvard University, where he has taught since
1962. He is also the Carol G. Simon Senior Fellow at the Hoover Institution on War, Revolution and Peace. A political philosopher, Professor Mansfield has written on Edmund Burke and the nature of political parties, on Machiavelli
and the invention of indirect government, on executive power, in defense of a defensible liberalism, and in favor of a
constitutional American political science. He has translated Tocquevilles Democracy in America and three books by
Machiavelli. Professor Mansfield has held Guggenheim, National Endowment for the Humanities, and National
Humanities Center Fellowships. From 1973 to 1977, he served as Chairman of Harvard Universitys Department of
Government and, from 1993 to1994, president of the New England Political Science Association. Professor Mansfield
has received the Joseph R. Levenson Teaching Award, the Sidney Hook Memorial Award, and the National Humanities
Medal. In 2007, he delivered the Thomas Jefferson Lecture, sponsored by the National Endowment of the Humanities.
Professor Mansfield is the author of numerous books, including Taming the Prince (1989), Americas Constitutional Soul
(1991), Manliness (2006), and Alexis de Tocqueville (2010).
Allan Meltzer is the Allan H. Meltzer University Professor of Political Economy and Public Policy at Carnegie
Mellon University, Tepper School of Business. Since 1989, he has also been a Visiting Scholar at the American
Enterprise Institute for Public Policy Research. Professor Meltzer has served as a consultant to the U.S. Treasury
Department, the Board of Governors of the Federal Reserve System, the World Bank, foreign governments, and
central banks. He has been a member of the Presidents Economic Policy Advisory Board and the Presidents Council of
Economic Advisors. From 1973 to 1999, Professor Meltzer chaired the Shadow Open Market Committee, and,
from 1999 to 2000, he chaired the International Financial Institution Advisory Commission, known as the Meltzer
Commission. Professor Meltzers writings have appeared in numerous publications, including the business press here
and abroad. He is the author of several books, most recently the authoritative two-volume A History of the Federal Reserve,
and more than 300 papers on economic policy. In 2003, Professor Meltzer received the Irving Kristol Award of the
American Enterprise Institute and the Adam Smith Award of the National Association of Business Economics.
35
Bradley Symposium
Bradley Symposium 2011
What So Proudly We Hail: The American Soul in Story, Speech, and Song -- edited by Hudson Institute senior fellow Amy A. Kass,
the American Enterprise Institute for Public Policy Researchs Leon R. Kass, and Diana Schaub of Loyola College in
Maryland -- addresses issues of national identity, the American character, the virtues and aspirations of civic life, and
the problem of making a national one out of the multicultural
many. The chapter devoted to the last subject contains a moving
speech by Theodore Roosevelt, which powerfully argues that all
new immigrants must be assimilated into the idea and practice
of "True Americanism."
The 2011 Bradley Symposium, "True Americanism: What It Is
and Why It Matters," revisited Roosevelt's speech and the issues
it raises. What, if anything, defines "True Americanism" today?
Why and for what purposes does it matter?
Diana Schaub, Leon Kass, and Amy Kass at the Bradley Symposium
The panelists included Bradley Prize recipients Robert P. George of Princeton University, columnist Charles Krauthammer,
and Harvey Mansfield of Harvard University. Others on the panel were Sen. Lamar Alexander of Tennessee, Frank Hanna
of Hanna Capital, Daniel Henninger of The Wall Street Journal, Wilfred McClay of the Ethics and Public Policy Center, Paul
Singer of Elliott Associates, and Juan Williams of Fox News.
The event was covered by C-SPAN and is viewable online, as is a full, edited transcript, at www.bradleyfdn.org.
36
Financial Highlights
Unaudited
STATEMENT OF FINANCIAL POSITION
December 31, 2011
(000s omitted)
ASSETS
Investments and other assets
TOTAL ASSETS
LIABILITIES AND NET ASSETS
Grants and other payables
Net assets
TOTAL LIABILITIES AND NET ASSETS
$
$
572,486
572,486
8,272
564,214
572,486
STATEMENT OF ACTIVITY
Year ended December 31, 2011
(ooos omitted)
8,128
26,539
( 49,603)
(3,549)
1,267
(17,218)
34,013
6,332
739
41,084
(58,302)
6 22,516
564,214
The Foundations most recent audited financial report is available on the Foundations website, www.bradleyfdn.org.
37