Financial Review

Livonia Community Foundation - Taking care of the future today! LIVONIA COMMUNITY FOUNDATION

Taking Care of the Future Today

Summary of Receipts/Disbursements
and Unrealized Gaines (Losses) - Year 2008

Receipt and Unrealized Gaines (Losses)		Disbursements
Cntributions	$79,105.00	Expenses
Investment Income	28,701.00	Printing/Solicitation	$9,120.00
Unrealized Gaines (Losses)	(151,859.00)	Investment Fees	4,222.00
Total	($44,053.00)	Accounting Fees	2,750.00
		Postage/Solicitation	2,238.00
		Clerical/Wages	1,187.00
		Insurance	813.00
		Bank Charge	208.00
		Total Expenses	$20,538.00
		Grants Made	18,700.00
8/20/2009		Total Disbursements	$39,238.00

The Livonia Community Foundation has our records reviewed by a professional CPA firm every year. Every third year we have an actual audit conducted.

The results of our most recent review from 2005 are available in the Adobe Acrobat (PDF) file below.