International Shaw Society

End-of-Year Financial Report for 2010

By Leonard Conolly, ISS President

 

ISS Budget Summary in U.S. Dollars as of 12/31/10

AMOUNT

ITEM

$33,529.25

Carryover Balance from 2009 (detail below):

$   2,083.02  Checking Accounts at 5th3rd & Bank of America & USF FCU (12/31/09)

$   1,064.50   Savings & Money Market Accounts –USF FCU (12/31/09)

$ 30,381.73   Investments in Certificates of Deposit: Total at 12/31/09

 $15,075.61

 

2010 Income as of 12/31/10 (detail below):

 $14,450.82 Membership fees and contributions

                     [$8,703.22 in contributions; +  $5,747.60 in membership fees]

  $     624.79 Interest Income from CDs & Savings in 2010 (detail below & in Index)

                  A. $ 161.68   FifthThird CD (closed 7/13/10)             

                  B. $ 463.11   Interest Income Total for all USF Credit Union Accounts

                                      (5 CDs, Business Savings, Business Money Market, Business Checking)

$ 48,604.86

Total Assets as of 12/31/10 before expenses for 2010 are subtracted

$  6,804.40

 

2010 Expenditures as of 12/31/10 (details below):

$ 3,868.75   Penn State Press for 136 SHAW 30 subscriptions (via Johns Hopkins).

$       0.00    Office Expenses [Most operating expenses were paid for by the Treasurer, out of                       

                     pocket.]

$   158.40   Advertising & Mailing (mostly for nominations for election of officers)

$ 2,650.00   Travel Grants for young scholars to Summer Symposium & Chicago Symposium

$      56.00   Annual fee for P.O. Box

$      61.25   Annual Report to Florida Division of Corporations

$      10.00   Annual Report to Florida Dept. of Agriculture & Consumer Services

                     (Registration Statement for solicitation of contributions).

$41,800.46

TOTAL OF CURRENT ASSETS as of 12/31/10

 (Expenditures Subtracted from 2009 Carryover + 2010 Income)

 

INDEX:

DETAIL OF ASSETS AS OF 12/31/10:

 INVESTMENTS + BANK ACCOUNTS (includes 2010 interest accrued):

$41,800.46

$ 5,606.91   One $5,000 CD at the USF Credit Union.  Matures 5/11/11.

$ 5,403.43   One $5,000 CD at the USF Credit Union.  Matures 3/10/11.

$ 7,255.26   One $7,000 CD at USF Credit Union.  Matures 3/25/11.

$ 6,124.80   One $6,000 CD at the USF Credit Union.   Matures at 11/6/11.

$ 8,046.42   One $8,000 CD at the USF Credit Union. Matures at 7/15/11.

$32,436.82  Total on Certificates of Deposit.

$         5.22   USF Credit Union Savings Account

$  1,065.35  USF Credit Union Money Market

$  1,070.57   Total on Savings & Money Market Accounts.

$       86.70  USF Credit Union Checking Balance

$     227.03   Bank of America Checking Balance

$  7.979.34   Fifth Third Bank Checking Account Balance

$  8,293.07  Total on Checking Accounts.