Accounts

Our past fund-raising efforts and accounting

 

Our fund-raising is done through the Clarendon Foundation, a United States tax-exempt non-profit public charitable foundation, approved by the Internal Revenue Service and the State of California. All contributions to the Foundation are tax deductible under applicable law as charitable contributions. It is our policy that 100% of contributions go toward designated charities without deduction for administrative costs. These costs are covered by specific donor designated contributions.

 

Contributions are to be made payable to the Clarendon Foundation, (Federal Tax Identification Number 33-0452749) 19434 Amhurst Court, Cerritos, California 90703

 

The following are the accounts for the years 2021 and 2020.

 

CLARENDON FOUNDATION
STATEMENTS OF REVENUES AND EXPENDITURES

 

Revenues:

 

  2021 2020
Contributions $319,969 $ 221,684
Dinner Dance, net 30,241 48,125
Interest income 50 1,654
Total revenue 350,260 271,463

 

Expenditures:

 

Clarendon Children's Homes 1,000 3,000
Samata Sarana 80,000 80,000
Children with Cancer 14,520 13,980
Children's Home Poovararamkulan 19,500 16,500
Home for Pregnant Single Mothers and Babies 10,500 9,000
School Food and Education Programs 22,982 7,500
Other Children's Homes 10,650 12,900
SOS Childrens Villages 24,750  
Katuwapitiya Bomb Victims 7,847 6,971
Student assistance 19,460 12,964
COVID-19 assistance 161,030 18,430
Housing Assistance 12,000 847
Provision for long-term assistance   85,000
Total operating expenses 384,239 267,092
Bank charges and filing fees 3,679 2,645
Less: Contributions for administrative costs (3,679) (2,645)
Total expenditures 384,239 267,092
Excess (deficit) of revenue over expenditures ($     33,978) $       4,371