Grants in aid

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A graph showing the explosion in grants-in-aid given out to nonprofits by the city and county of Honolulu.

GRANTS IN AID
FY09 FY10 FY11 FY12 FY13 FY14
MILLION
6
5
4
3
2
1
0
0 0
$1.2m $1.2m
$1.6m

$8.3m
COUNCIL
ADDITIONS
$13.8m
T O T A L
$5.5m
CHARTER
MANDATED

This is an overview of Cabot Money Management's Year-in-Review presentation given by portfolio manager, Les Satlow, at our Annual Investment Conference and Luncheon on Friday, September 24, 2010. (Salem, MA) These seminars are for discussion purposes only. It is not an offer to buy or sell individual securities or investments. Investors should consider their own individual investment objectives, risks, charges and expenses of their portfolio carefully before investing. Investments are not FDIC insured and may lose or fluctuate in value. Please request our Form ADV Part II for complete disclosures.

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