Document Actions
June Gift Report
last modified
2010-07-16 11:28 AM
“We will tell the next generation the praiseworthy deeds of the Lord, his power, and the wonders he has done.” Psalm 78:4
Direct Gifts to MLC
July 1, 20009 – June 30, 2010
| Unrestricted gifts: | $ 1, 137,320 (61%) |
| Temporarily restricted gifts: | $ 536,332 (29%) |
| Subtotal: | $ 1,673,652 (90%) |
| Permanently restricted gifts: | $ 154,398 (10%) |
| Total Amount of Gifts Received: | $ 1, 828,050 (100%) |
- "Month-end accounting is still being finalized, but our financial staff is confident these numbers are close to what the final results will be.”
- Comparison thru June 30, 2009 - $1,495,445
- In addition to the donations listed above, MLC has received:
1. $40,000 from the Neitzel trust
2. $105,750 from the Romberg Supporting Foundation
In previous years those donations were listed as “gifts for MLC”.
GAAP requirements now list those annual donations as dividend income.