Page 40

2015

GRAND LODGE OF MISSOURI

39

be obtained from the Masonic Home’s website at www.mohome.org or by calling the Masonic Home. For the 2015 fiscal year, the Masonic Home provided direct financial assistance to 116 Missouri Masons, their wives or widows, O.E.S. members and dependent children with assistance totaling $951,485.51. In addition, the Masonic Home partnered with 75 Lodges and Chapters to provide assistance to over 6,700 children in need in communities throughout the state with assistance totaling $138,570.41. Below is the breakdown for this fiscal year. Financial Assistance Programs Direct Financial Assistance Long-Term Financial Assistance $ 845,175.36 Short-Term Financial Assistance $ 101,431.25 Children’s Financial Assistance $ 4,878.90 Creating-A-Partnership $ 138,570.41 Armed Services Program – Partnering To Honor $ 6,210.00 TOTAL $ 1,096,265.92 Non-Financial Assistance Program Estimated Number Reached Widows Program—Widows Pins Mailed 374 Masonic Family Cares 9 Financial Counseling 44 Social Services 400 Armed Services Program—Pins/Letters Mailed 935

TOTAL

1762

ANNUAL AUDIT & FINANCIAL CONDITION I am pleased to again report that the Masonic Home audit for the year ending June 30, 2015 was certified by an independent external auditor and the auditor found the Masonic Home to be in compliance with generally accepted accounting principles with no deficiencies requiring corrective action. The findings of the auditor, and the fact that the audit was able to be completed earlier than in years past, is testimony to the dedication and professionalism of the Masonic Home management and staff, especially our Director of Finance, Jodi Blake. The complete audit report and financial statements are appended and incorporated as part of this Report. The financial condition of the Home continues to be stable. Total investment holdings decreased slightly due to unfavorable market conditions, however, the income earned on investments increased by about 8% over the prior year. Investment income made up the majority, approximately 67%, of the Home’s revenues. Donations received from estates and trusts increased by about 30%, but individual giving decreased by 30%. Because of the increase in investment income and estate and trust donations, total revenues for the year ended 13% higher than the previous year. I am pleased to report that expenses decreased by 2.5% due to our ongoing efforts to reduce administrative-type costs. Additional information can be found in the Masonic Home’s 2015 Annual Report.

Profile for Missouri Freemasons

Official Proceedings - Grand Lodge MO Communication 2015  

Official proceedings of the One Hundred Ninety-Fourth Annual Communication Columbia Sept 28-29 A.D. 2015 A.L. 6015

Official Proceedings - Grand Lodge MO Communication 2015  

Official proceedings of the One Hundred Ninety-Fourth Annual Communication Columbia Sept 28-29 A.D. 2015 A.L. 6015

Profile for momason
Advertisement