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This report by Jack Householder covers endowment growth, expense budgets, membership updates, and financial changes since 2006. Key highlights include new accounts, memberships, and account balances. Stay informed on AIDC's financial standing.
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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 • $224K Endowment October 2006 • $235K Endowment October 2008 • $10K Current Expense Budget
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
Report of the Treasurer By Jack Householder AIDC 100 Annual Meeting Andover, MA 16 October 2008