MARCH 2008 FINANCIAL REPORT

General Funds Starting Balance Revenue Expense Ending Balance
Donor Closet     $         20,421.00  $        19,218.20  $      21,066.26  $       18,572.94   
Transfers to/from Restricted     Fund     $          4,057.68    $         4,057.68
 Subtotal General Funds   $        20,421.00  $        23,275.88  $      21,066.26  $       22,630.62
 Restricted Funds         
 Financial Assistance Fund   $          2,879.36  $            118.58  $ -----------------  $         2,997.94
 Donor Closet   $          5,972.51  $        (4,057.68)  $ -----------------  $         1,914.83
 Prescription/Prokarin Fund   $          3,557.92  $              26.00  $           166.40  $         3,417.52
 Transfers from/to General Fund   $ --------------------  $   -----------------    $   -----------------    $ ---------------------
 Subtotal Restricted Funds   $        12,409.79  $         (3,913.10)  $           166.40  $         8,330.29
 Grand Total   $        32,830.79  $        19,362.78  $      21,232.66  $       30,960.91

 

MSHH administers the Prokarin Prescription 

Scholarship Fund from donations provided by EDMS

and  Participating Pharmacies which are reflected above. 

 

*Effective 01/01/08 monthly General Fund Balances over $35,000

will be credited to the Financial Assistance Grant Fund

   

   Grants awarded in 2007 =  $  50,244.12

   Since October 1999, over: $115,000.00

 

2008 FINANCIAL ASSISTANCE FUND ACTIVITY

Effective 01/01/08  General Operating Fund Monthly Balances over $35,000

will be credited to the Financial Assistance Fund

FINANCIAL ASSISTANCE FUND BALANCE FROM

DECEMBER 31, 2007 = $5,599.54 (adjusted)

MONTH DONATIONS & TRANSFERS GRANTS AWARDED BALANCE IN FUND
JANUARY         $316.00

$4,741.23

($510.85)

Adjusted -

 $   663.46

FEBRUARY

 Transfer Adjustments Made   

 $524.29

 $2,879.36
March        $118.58    -----------  $2,997.94
April       $160.00  $1,352.44  
MAY      
JUNE      
JULY      
AUGUST      
SEPTEMBER      
OCTOBER      
NOVEMBER      
DECEMBER      
       

                                 Number of scooters & power chairs awarded from

                                monthly drawings = 11 (2 from 2007)