2022 Ruritan Annual Report

Ruritan National Foundation Profit & Loss October 2021 through September 2022

Oct '21 - Sep 22

Ordinary Income/Expense Income

Unrealized (Gain) Loss

-1,484,261.33

Contributions

99,888.31 8,143.00 1,200.00 129,900.00 10,426.50

Contributions OWC BY$ 2021/2022 Program BY$ 2022/2023 Program Endowment Contributions

Other Income

125.00

Total Income

-1,234,578.52 -1,234,578.52

Gross Profit

Expense

Administrative Expenses Endowment Admin Fee

39,697.68 17,145.98 60,213.99 5,498.75 50,450.06 332,400.00

Endowment Fund Scholarships Foundation Wkend Expense

Investment Fees BY$ Program Professional Fees

7,900.00

Miscellaneous

251.62 677.50

Supplies

Travel

4,607.67 1,219.50

Bank Fees

Credit Card Processing Fees

539.99 300.00

OWC Bank Fees Foreign Taxes Licenses and Fees

4,001.42

25.00

Total Expense

524,929.16

Net Ordinary Income

-1,759,507.68

Other Income/Expense Other Income

Wells Fargo Interest Income

12,157.94

First Community IMMA Int Income First Community OWC Int Income Wells Fargo Dividend Income

36.32 42.08

126,088.77 382,937.13

Gain from Sale of Securities

Foundation Wkend Registrations

3,350.00

Return of BY$ Scholarships

636.15

Return of Endowed Scholarships

1,117.30

Total Other Income

526,365.69 526,365.69

Net Other Income

Net Income

-1,233,141.99

40

Ruritan National 2022 Annual Report