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)