Non-Endowment Fund Reports Below is a list of all non-endowment funds. These funds differ slightly from endowments due to how the spendable balance is allocated. These funds are not intended to continue in perpetuity, which means there are no restrictions on the spendable balance and the full balance can be disbursed.
Fund Name AGRconnect Capital Campaign 2019
Beginning Balance 7/1/2019
Investment Gain/Loss
Admin Fees
Receipts
Disbursements
Balance as of 6/30/2020
4TH QRTR Spendable Funds
Spendable Funds 6/30/2020
$1,410,894.77
$28,627.61
$14,209.54
$1.00
$60.51
$1,425,253.34
$12,581.70
$74,606.74
$117,972.09
$2,393.71
$1,188.15
$0.00
$0.00
$119,177.65
$1,052.06
$6,555.03
$43,575.00
$0.00
$49,879.32
Doug Weyer Scholarship
$6,304.32
Gene Lemon Executive Leadership Institute Fund
$8,127.96
$411.86
$1,195.88
$44,000.00
$0.00
$51,343.94
$0.00
Grand President’s Award
$1,724.52
$34.99
$17.37
$0.00
$0.00
$1,742.14
$190.04
Harold Olson
$22,790.24
$457.71
$225.78
$0.00
$500.00
$22,522.17
$506.86
Horticulture Scholarship
$9,909.68
$191.63
$92.30
$0.00
$1,000.00
$9,909.02
($1,381.49)
Housemother Fund
$46,934.20
$952.32
$472.69
$0.00
$1,705.00
$45,708.82
$418.55
$7,072.92
Leaders Award
$28,652.74
$581.38
$288.57
$0.00
$0..00
$28,945.54
$255.52
$5,416.06
Leadership Seminar Fund
$61,611.15
$1,250.12
$620.51
$0.00
$11,000.00
$51,240.76
$549.44
$575.95
Mawby Leadership Dev. Fund
$29,921.10
$607.11
$301.35
$0.00
$0.00
$30,226.86
$266.83
$5,396.74
Phil Josephson Staff Development Fund
$77,690.73
$1,758.32
$1,914.57
$44,767.00
$0.00
$122,301.48
$928.25
$5,167.14
Paul K. Bresee Fund
$21,282.80
$378.91
$213.08
$0.00
$1,000.00
$20,448.64
$3,104.01
$62.98
$31,26
$0.00
$0.00
$3,135.73
$60,400.00
$0.00
$0.00
$0.00
$60,400
Phil Francis Fund Waller Carson
($29.00) $27.68
$92.65
WHAT IS THE DIFFERENCE BETWEEN ENDOWMENT & NON-ENDOWMENT FUNDS? ENDOWMENT
NON-ENDOWMENT
ENDOWMENT refers to funds that continue in perpetuity meaning the gifts are invested and only the allocated spendable amount can be spent.
NON ENDOWMENT or “Temporarily Restricted” Funds refer to funds where no restriction is placed on the allocated amount of spendable funds.
50 | Resilience
$0.00
