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 2007 and 2006.
CLARENDON FOUNDATION
STATEMENTS OF REVENUES AND EXPENDITURES - 2007
AND 2006
Revenues:
2007 |
2006 |
|
| Contributions | $ 63,522 | $ 42,013 |
| Dinner Dance, net | 25,491 | 20,051 |
| Interest income | 6,672 | 4,485 |
| Total revenue | 95,685 | 66,549 |
Expenditures:
| Clarendon Children's Homes | 21,766 | 21,631 |
| Clarendon Alumni | 2,400 | 4,200 |
| Samata Sarana | 1,200 | 650 |
| Children and adults with Cancer | 9,640 | 9.420 |
| Missionaries of Charity | 600 | 2,525 |
| Better Opportunities for Children | 2,475 | |
| Lasallian Community Education Services | 4,800 | 9,200 |
| St, Joseph's Girls Home | 5,500 | |
| Jeevanie Children's Home | 1,800 | 2,350 |
| Bethany | 1,200 | 1,200 |
| Student assistance | 1,140 | 1,485 |
| Family assistance | 1,150 | |
| Nutrition project | 780 |
1,000 |
| Housing assistance | _____ | 1,000 |
| Total operating expenses | 45,326 | 63,786 |
| Bank charges and filing fees | 227 | 195 |
| Less: Contributions for administrative costs | ( 227) | ( 195) |
| Tsunami relief expenditures | ___ | 450 |
| 45,326 | 64,236 | |
| Designated for long-term relief | ( 40,000) | (19,500) |
| 85,326 | 44,736 | |
| Net change in fund balance | 10,359 | 21,813 |
| Beginning fund balance | 45,094 | 23,281 |
| Ending fund balance | $ 55,453 | $ 45,094 |
Accounts are available for inspection upon request.
