May 2016

Post date: May 06, 2016 12:37:18 AM

The Budget Report and Balance Sheet for the third quarter of the fiscal year are attached. We had a net operating surplus of $34,164 for the period, principally due to almost all of the conference income being received, while very few conference expenses have been incurred. Through the end of March we received $720 in scholarship donations and just over $3,500 toward the Peace Fellows program. Our investment accounts suffered a loss of $298 for the period, due to declines in financial markets.