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January Gift Report
last modified
2011-03-04 09:21 AM
"We will tell the next generation the praiseworthy deeds of the Lord,
his power, and the wonders he has done.” Psalm 78:4
Gifts for MLC
| July 1, 2010 –Jan. 31, 2011 | July 1, 2009 – Jan. 31, 2010 | |
| Unrestricted gifts: | $307,828 (22% ) | $ 596,960 (58%) |
| Temporarily restricted gifts: | $248,937 (18%) | $ 306,800 (30%) |
| subtotal: | $556,765 (40%) | $ 903,760 (88%) |
| Permanently restricted gifts: | $ 847,335 (60%) | $ 118,492 (12%) |
| Total Amount of Gifts Received: | $ 1, 404,100 (100%) | $ 1,022,252 (100%) |
Note: “Month-end accounting is still being finalized, but our financial staff is confident these numbers are close to what the final results will be.”
In addition to the donations listed above, MLC has received:
$50,000 for the Romberg Supporting Foundation on 8/18/10.
GAAP requirements list that donation as dividend income. It will be stated in the MLC Independent Auditor’s Report at year’s end.