Page 23 - FY 2021-2022 Audited Financial Statements

Child Care Resource Center, Inc. Notes to Financial Statements
Note 8 – Fair Value Measurement of Investments (continued)
The following table presents the fair value measurements of assets recognized in the accompanying statements of financial position measured at fair value on a recurring basis and the fair value hierarchy in which the fair value measurements fall at June 30, 2022 and 2021:
Level 1 Level 2 185,512 $- $
2,807,167 295,276 - 1,549,225
840,279 - 7,688,337 - - - 902,011 -
2022 Level 3
Assets Measured Using NAV
- $ -
- - - -
- - - - - 2,806,677 - 102,155
- $ 2,908,832
Assets Measured Using NAV
- $ -
- - - -
- - - - - 1,749,516 - -
- $ 1,749,516
Total 185,512
3,102,443 1,549,225
840,279 7,688,337 2,806,677 1,004,166
$ 17,176,639
Cash and cash equivalents Fixed-income
Corporate bonds and bond funds
Medium-term notes Equity securities
International common stock Domestic common stock Private equity funds
Real estate funds Total
Cash and cash equivalents Fixed-income
Corporate bonds and bond funds
Medium-term notes Equity securities
International common stock Domestic common stock Private equity funds
$
$
$ 12,423,306 $ 1,844,501 $
Level 1 Level 2
22,027 $- $
2,384,279 197,257 - 483,360
856,840 - 4,065,061 - - - 713,254 -
8,041,461 $ 680,617 $
2021
Level 3
Total 22,027
2,581,536 483,360
856,840 4,065,061 1,749,516
713,254 $ 10,471,594
Real estate funds
Total $
$
$
Private equity funds and certain real estate funds accounted for at NAV, or
long-term capital appreciation by investing in a globally diversified portfolio
As of June 30, 2022, approximately $717,000 was locked up for 18 months and redeemable quarterly with 90 days-notice; approximately $236,000 was locked up for 3 years and redeemable quarterly with 90 days-notice; and approximately $1,956,000 was subject to a one-year soft lock and redeemable on a quarterly basis with a 20-day redemption notice period with a withdrawal fee of 2%. At June 30, 2022, there were $441,138 in remaining unfunded commitments associated with these funds.
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its equivalent, seek to achieve of private equity investments.