Allocation

Mary Bloom Center Financial Report
(Report to Melvin A Bloom Endowment Board meeting July 11, 2016)
 
$30,759 – Basic operating expenses:  Salaries & Benefits  for Director, Midwife Obstetrician,  Part time Bookkeeper; Office Supplies, Rent, Repairs, etc.

$23,359 - Major Robeert D. Lindenau Tutoring Program

• salary for director, stipends for tutors, stipend for cook Paula, teaching supplies, etc.: $19,131
• Equipping students (back packs, uniforms, shoes, sweaters, notebooks, pens, etc. for 54 students; average cost = $68): $3,675
• Social worker to visit homes and evaluate family needs: $553

$15,331 – Aid to patients & underserved: 

• Medicine for indigents: $3,613
• Obstetric attention (referrals): $184
• Pap Smears (263):  $3,402
• Transfer of patients to Lima (4): $1,770
• Ongoing assistance to five families:  $2,471
• Psychological Attention: $406
• Scholarships for four students for higher studies (accounting, nursing, administration): $3,485

Total expenses: $69,449 

Income: $67,201

• Auction (donations in response to invitation, tickets for dinner, silent auction, live auction, +  raise-a-paddle) - $39,825
• Other (Cena Show, Kermes, Christmas Donations, EFTs, Esperanza Rich Endowment, etc.) $27,376

2017-2018 Budget:  (April 2017 – March 2018)
Operating Expenses: $31,680
Tutoring Program: $24,060
Aid to Patients & Underserved: $15,790
 
Total: $71,530

File below contains report to 2016 Melvin A Bloom Board

mbc_financial_report_for_mel_bloom_board_meeting_july_2016.docx
File Size:	31 kb
File Type:	docx

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2011 Financial Overview: Mary Bloom Center

On January 1, 2011 the MBC had $3,759.75 (USD) and 12,773.02 (S/.) Peruvian nuevos soles in its Peruvian bank account. The total value of the
MBC account as of January 1, 2011 was $8,692.93 (USD).* (A)

During the year, the MBC received two transfers from the Missions Office of the Archdiocese of Seattle: $11,686.17 (USD) on April 19 and $9,004.37 (USD) on September 13 totaling $20,690.54 (USD) for the year. (B)

The total expenses incurred by the MBC in 2011 was $29,153.68 (USD). (C)

On December 31, 2011 the MBC had $229.79 (USD) and no Peruvian nuevos soles (S/.) in its account. (D)

Fortunately, we did receive some generous donations in relation to the 40th anniversary of Fr. Bloom ordination will enable us to continuing operating in the new year 2012.

* 2011 Exchange Rate (Average): 1 USD = 2.59 nuevos soles

2011 Financial Overview: Melvin A Bloom Endowment Fund

Beginning Balance (A) + Total Income (B) - Total Expenses (C) = Ending Balance (D)       

Value of Account:		(USD)
	January 1, 2011	$60,155.11	(A)

Income:
	Donations	$23,436.04
	Interest on CD (matured June 13)	$304.16
	Earnings Mutual Funds	$387.51
	Growth Mutual Funds	$57.21
	Other (interest Advantage Fund)	$4.19
	Delegation	$9,600.00
	Total	$33,795.11	(B)

Expenses (Investment)
	Bob Lindenau Tutoring Program	$11,813.00
	Scholarships	$10,302.00
	Underserved	$9,897.00
	Website	$131.28
	Account Maintenance (end of year)	$5.00
	Delegates expenses – 2011 – includes $148.14 for Lurin orphanage	$4,994.14
	Total	$37,142.42	(C)

Value of Account:
	December 31, 2011	$56,807.80	(D)