Report of the Treasurer

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Presentation transcript:

Report of the Treasurer By Jack Householder AIDC 100 Annual Meeting Andover, MA 16 October 2008

AIDC Library $200K Endowment October 2004 $207K Endowment October 2005 $10K Current Expense Budget $235K endowment includes $61K unrealized principle subject to market fluxuations

Contributors 2008 January 2008 through today (60) $30 requested per contribution Multiple year contributions encouraged Lifetime membership instituted ($750) Those not contributing by year-end become “inactive”

Changes Since Oct. 2006 Washington Mutual Account Closed (WA) Wachovia Account Opened (PA) PayPal Account Opened - Linked Leadership Council Members w/Access Sprague Ackley David Allais Bonney Shuman

Lifetime Membership Summary 2005 2006 2007 2008 3 8 5 6 Tina Barken Sprague Ackley Rich Bravman Mike Baur Chuck Biss Harry Clark Joe Dunlap Dan Engels Mike Lowry Rick Fox Jack Householder Bob Fox   Mike Guillory Brian Marcel Pat King   Mike Hone Bjorn Passad Vick Verma   John Paxton   George Wright IV   Kevin Sharp       Bonney Shuman     Totals Thru Sept. 2008 Are 22 Members ($16,360)

Forum 2008 $---- Income $---- AIDC100 expenses $---- University reimbursement $---- Windham expense +$----- Total

Current Account Balance Oct. 2005 $11,499 Oct. 2006 $17,664 Oct. 2008 as of Oct. 10th (*) $35,671 Checking $4,868.15 Money Market $2.501.76 CD $15,591.34 PayPal $12,710.48 *Before Dinner and Conference Accounting

Grandson #3 – Oct. 15th

Report of the Treasurer By Jack Householder AIDC 100 Annual Meeting Andover, MA 16 October 2008