10.07.2015 Views

2011 Catalyst Annual Report

2011 Catalyst Annual Report

2011 Catalyst Annual Report

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

$804,000 and $298,000 as of August 31, <strong>2011</strong> and 2010,respectively. Such amounts include outstanding checksand cash included in <strong>Catalyst</strong>’s investment portfolio. Inaddition, as of August 31, <strong>2011</strong> and 2010, certain cashequivalents (included under investments) in one financialinstitution exceeded the insurance limit of cash underSecurities Investor Protection Corporation (“SIPC”) byapproximately $371,000 and $38,000, respectively. In2010, the FDIC insurance limit was permanently increasedto $250,000 and beginning December 31, 2010, throughDecember 31, 2012, deposits held in non-interest bearingaccounts are fully insured, regardless of the amount, at allFDIC-insured institutions.Western women LESS likely to startbusinesses than women in less-developednations, you know why?ow.ly/81DuZ51 | <strong>Catalyst</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong>

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!