The IanThom Foundation

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Finances

Statement as of October 1, 2007

Funds donated to the IanThom Foundation are invested in an account with Charles Schwab. Investment advice is provided by Valerie Smith in conjunction with Ian Gibson-Smith and we try to invest conservatively in socially responsible stocks, bonds and mutual funds. Our goal is to increase the value of the fund balance by a minimum of 5% each year and to distribute all remaining funds as grants.

Balance Sheet and Income/Expense Statement

October 1, 2006

INCOME                                                                    EXPENSES

Donations Received 2000                       $ 53,700.00                            
Donations Received 2001                       $ 55,220.00                    Donations Made 2001            $ 11,575.00
Donations Received 2002                       $ 43,949.06                    Donations Made 2002            $ 20,670.00
Donations Received 2003                       $ 44,450.50                    Donations Made 2003            $ 32,865.00
Donations Received 2004                       $ 15,498.96                    Donations Made 2004            $ 34,100.00
Donations Received 2005                       $ 97,570.00                    Donations Made 2005           $101,150.00
Donations Received 2006                       $173,560.01                   Donations Made 2006           $204,385.01
Donations Received 2007                       $127,657.95                    Donations Made 2007           $110,334.75
                Total Donations Received:              $611,606.48                      Total Donations Made:        $515,079.76

Investment Income 2001                        $3534.34                           Expenses
Investment Income 2002                        $3655.52                                 Cost of Checks (2002)            $ 4.50
Investment Income 2003                        $4144.95                                 Schwab Annual Fee (2002)    $25.00
Investment Income 2004                        $3019.56                                 Cost of Checks (2005)            $55.00
Investment Income 2005                        $4543.13                                 Paypal Fees                               $88.03
Investment Income 2006                        $4010.07                                
Investment Income 2007                        $2489.51                                 Bank Fees (2007)                     $15.00
Unrealized Gain/Loss on Investments    $33,595.79                                
                Total Investment Income                       $58,992.97                    Total Misc Expenses                   $187.53

                Total Income                                         $670,599.35                    Total Expenses                    $515,267.29

FOUNDATION BALANCE

                Charles Schwab Money Market Account                              $   30,447.18
                Funds/Stocks with Schwab                                                     $124,884.88
                               
                                 Total Fund Balance October 1, 2007                                                     $155,332.06

                                 Prior Year Fund Balance October 1, 2006                                            $140,125.14                                
                                 Prior Year Fund Balance October 1, 2005                                            $117,520.16
                                 Prior Year Fund Balance October 1, 2004                                            $123,290.13
                                 Prior Year Fund Balance October 1, 2003                                            $128,616.04
                                 Prior Year Fund Balance October 1, 2002                                            $115,072.02

   
© 2006 IanThom Foundation