U.S. NAVAL ACADEMY
CLASS OF 1963 FOUNDATION
31 MARCH 2005 30-Apr-2010
BALANCE SHEET
ASSETS
Checking Account $ 3,978
Pledges Receivable -
Schwab (at market) 557,494
TOTAL ASSETS $ 561,472
LIABILITIES
Scholarship Commitments:
Doughtie II, Carl 1,600
Rohrbach, Sarah 4,000
Rohrbach, Megan 12,000
17,600
Due to NAF
Cook 5,000
Williamson 2,500 7,500
Mid-Term Reunion A/C 450
TOTAL LIABILITIES $ (25,550)
NET WORTH $ 535,922
U.S. NAVAL ACADEMY
CLASS OF 1963 FOUNDATION
1 January - 30 April, 2010
OPERATING STATEMENT
INCOME
Donations (direct) $ 450
Donations (via NAF) 1,200
Investment Account/Schwab 7,457
Checking Account Interest 17
TOTAL INCOME $ 9,124
* $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial * $3,263 Received for Jack Karson Memorial
EXPENSES
Scholarships $ 4,650
Memorials (Link in the Chain) -
Contributions to NAF for CAE 5,000
Fund Raising Expenses (including mid-term
reunion support) 300
Administrative Expenses (stationery, bank
charges, printing, postage, mail expenses,
meeting expenses, and fidelity bond ins.) 450
TOTAL EXPENSES (10,400)
NET INCOME (LOSS) $ (1,276)