2011 Annual Report - Christian Living Communities

Stewardship Fund 2011 Financial Report
The Stewardship fund is a separate 501(c)3 organization created as the fundraising arm of ClC.
CoNtributioNS & ExpENSES
designated Contributions ................................................................. $379,883
Clermont Park Adult Day Services, Resident assistance, staff appreciation, etc.
non-designated Contributions .......................................................... $30,043
General contributions or contributions to a community or service for general use
investment income ............................................................................... $25,529
total operating revenues $435,455
general administrative expenses ...................................................... $68,977
Management fees, accounting expense, consulting
fundraising expenses .......................................................................... $47,157
Earthen Vessel Dinner, Aged to Perfection event, mailing expenses
Contributions applied ....................................................................... $228,073
Alzheimer’s and Eden Alternative training, equipment and furniture to enrich
communities, staff appreciation, etc.
resident assistance funds applied ................................................... $18,871
Help with meals, housekeeping, medical equipment, rent
total operating Expenses $363,078
Contributions over(under) Expenses ........................................ $72,377
unrealized/realized gains (losses) on investments .................... ($88,415)
2011 Net income (Loss) ($16,038)
“ “Whatever you did for the least of these brothers of
mine, you did for me.”
–Matthew 25:40
StEwArDShip FuND hoLDiNgS
restricted Communities & Services ................................................. $212,930
restricted Clermont Park redevelopment ........................................ $24,717
restricted Clermont Park adult day Services ................................ $187,613
restricted endowment ....................................................................... $690,271
board designated endowment .......................................................... $566,385
restricted resident assistance .......................................................... $191,640
board designated resident assistance ................................................. $8,786
restricted Memory Support................................................................... $2,213
restricted Staff appreciation ............................................................... $14,943
restricted Chaplaincy Program ............................................................ $9,027
undesignated funds ........................................................................ ($214,831)
retained earnings .............................................................................. ($16,038)
total held in Stewardship Fund End of Year $1,677,656
Tony Buschbach, resident at
Clermont Park, enjoys the billiards
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