Ruritan Annual Report 2022-2023

Ruritan National Foundation Profit & Loss October 2022 through September 2023

Oct 2022 - Sep 2023

Ordinary Income/Expense Income

Unrealized Gain on Wells Fargo Investments

$441,441.57 $106,284.75 -$1,200.00 $150,300.00 $7,463.00 $19,599.82

Contributions

BY$ 2023 Program Deposits BY$ 2024 Program Deposits Endowment Contributions Wells Fargo Investments Interest First Community IMMA Interest First Community OWC Interest Wells Fargo Investments Dividend

$643.50

$1.90

$123,844.04 $93,105.69

Gain on Sale of Securities

Foundation Weekend Registrations

$2,900.00

Other Income

-$4.00

Endowment Scholarships Returned

$2,621.44

Total Income

$947,001.71 $947,001.71

Gross Profit

Expense

Administrative Expenses Endowment Scholarships

$40,579.00 $42,827.62 $9,034.04 $143,833.55 $44,935.17 $278,850.00

Foundation Weekend

OWC Disaster Relief Grant

Investment Fees

BY$ Program Scholarships

Professional Fees

$8,725.00

Miscellaneous

$707.95

Supplies

$2,313.81 $11,092.92

Travel

Bank Fees

$621.00 $638.21

Credit Card Processing Fees

Foreign Taxes

$2,604.72

Licenses and Fees

$25.00

Awards

$2,293.96

Total Expense

$589,081.95

Net Ordinary Income

$357,919.76 $357,919.76

Net Income

40

Ruritan National 2023 Annual Report