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Detailed financial report by Treasurer Jack Householder at the AIDC 100 Annual Meeting in Las Vegas on September 27, 2011. The report includes account balances, assets, investment strategies, and donation summaries. Current account balances show steady growth from 2005 to 2011, with no investments in bank stocks. The treasurer's considerations and decisions are outlined, with a focus on financial protection and support for educational initiatives. The report emphasizes transparency and accountability in managing AIDC 100's finances.
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Report of the Treasurer By Jack Householder AIDC 100 Annual Meeting Las Vegas September 27, 2011
AIDC 100 Financial Protection • No Investment in Bank Stocks, etc. • Assets Held in Cash or Cash Equivalent • Consideration Given to Alternatives • No Recommendations Make Sense
Current Account Balances Oct. 2005 $11,499 Oct. 2006 $17,664 Oct. 2008 $35,671 Apr. 2009 $33,061 Nov. 2010 $36,327 Sep. 2011 as of Sept. 21st (*) $41,772 Checking $6,378.50 Money Market $34,834.95 PayPal $558.40 *Before Dinner and AIM Expo
Name Changes Since Nov. 2010 Wells Fargo (Wachovia) Account in (PA) PayPal Account – Linked Once Amt. > $1,000; Xfer to Bank Acct. AIDC 100 Members w/Access Sprague Ackley David Allais Bonney Shuman
AIDC Library • $200K Endowment October 2004 • $207K Endowment October 2005 • $224K Endowment October 2006 • $235K Endowment October 2008 • $240K Endowment October 2009 • $236K Endowment October 2010 • $235K Endowment October 2011 • $ 5K Current Expense Budget
AIDC 100 Educational Focus • 2010 Meeting Agenda Item • Decision Made to Support OU AIDC TI • $1,000 Payment Made to 2011 Program • (2) AIDC 100 Members Donated Funds • Thank You Received from Kevin Berisso • Extended Report / Video Clip Provided • Full Report to be Posted at Website
Report of the Treasurer By Jack Householder AIDC 100 Annual Meeting Las Vegas September 27, 2011