/August_2010_Foundation_Statements

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FLORIDA CU FOUNDATION BALANCE SHEET As of August 31, 2010

ASSETS Current Assets Cash & Cash Equivalents Cash Held for Others Restricted Cash Accounts Receivables Prepaid Expenses

$ 1,214,661 $ 72,748 $ 559,634 $ -

TOTAL Current Assets

$ 1,847,043

Fixed Assets Net Fixed Assets

$

TOTAL ASSETS

$ 1,847,043

-

LIABILITIES AND EQUITY Current Liabilities Accounts Payable Trade Accounts Payable Accruals A/P Mississippi Funds

$

61,639

TOTAL Current Liabilities

$

61,639

TOTAL LIABILITIES

$

61,639

Equity Retained Earnings - Prior Restricted Net Assets-Disaster Funds RETAINED EARNINGS-CURRENT YEAR

$ 1,222,644 $ 559,633 $ 3,127

TOTAL EQUITY

$ 1,785,404

TOTAL LIABILITIES AND EQUITY

$ 1,847,043

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Florida CU Foundation Income Statement As of August 31, 2010 Month-To Date

Year-To Date

Revenue Donations Fair Share Contributions Pledged Securities Interest Interest Income Pledged Securities Interest-Miss CU Fund Donations-Miss CU Fund Interest Income-Miss CU Fund

$ $ $ $ $ $ $

988 54

$ $ $ $ $ $ $

370 14,955 57,121 7,056 10,682 500 379

TOTAL Revenue

$

1,042

$

91,063

Expenses Scholarships Donations CU Service Charges Dues & Subscriptions Office Supplies Other Taxes & Licences Postage Outside Services Promotions Telephone Travel

$ $ $ $ $ $ $ $ $ $ $

98 12 17

$ $ $ $ $ $ $ $ $ $ $

66,218 10,000 829 100 87 146 336 4,500 4,000 1,348 372

TOTAL Expenses

$

127

$

87,936

NET INCOME

$

915

$

3,127

2


CU Charitable Foundation, Inc. Statement of Financial Condition August 31, 2010

Assets Corporate America CU Corp Funds Corporate America CU Funds Advantage Corporate America CU-Shares Due from League Other Accounts Receivable

$

7,956.78 66,000.00 7.43 0.00 0.00

Total Assets

$ 73,964.21

Liabilities & Net Assets Liabilities: Due to League Contributions Due to CMN Due to CUNA Foundation Other Payables

0.00 130.00 0.00 0.00

Net Assets: Unrestricted 12/31/09 Relief Fund Current Increase (Decrease)

$ 74,985.09 0.00 (1,150.88)

Total Liabilities & Net Assets

$ 73,964.21

3


CU Charitable Foundation, Inc. Statement of Activities As of August 31, 2010

Month-to-Date Aug

YTD 2010

Revenues & Other Support Contributions Fund Raising Activities Dividends-Corporate America CU

0.00 0.00 16.16

7,104.00 0.00 128.37

Total Revenues & Other Support

16.16

7,232.37

Contributions Fund Raising Activities CPA Other

730.00 0.00 0.00 0.00

5,730.00 0.00 2,653.25 0.00

Total Expenses

730.00

8,383.25

(713.84)

(1,150.88)

Expenses

Change in Net Assets

4


Alabama Credit Union Educational Foundation Statement of Financial Condition August 31, 2010

Assets Corporate America CU-Corporate Funds Corporate America CU-Funds Advantage Corporate America CU-Shares Deposits in Credit Unions-Shares Deposits in Credit Unions-Money Market Deposits in Credit Unions-CDs Accounts Receivable

10,732.86 85,000.00 14.34 391.97 630,834.87 0.00 0.00

Total Assets

726,974.04

Liabilities & Net Assets Liabilities: Scholarship Obligations Other Accounts Payable

0.00 0.00

Net Assets: Unrestricted Permenently Restricted Total Net Assets

68,995.09 657,978.95 726,974.04

Total Liabilities & Net Assets

726,974.04

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Alabama Credit Union League Educational Foundation Statement of Activities As of August 31, 2010

Month-to-Date

Year To Date 2010 Permanently Unrestricted Restricted

Aug Revenues & Other Support Credit Union Contributions National CU Foundation Dividend-Credit Unions Dividend-Corporate America CU

0.00 0.00 665.27 20.92

0.00 7.48 8,367.06 166.20

0.00 0.00 0.00 0.00

Total Revenues & Other Support

686.19

8,540.74

0.00

Filene Reasearch Institute NEFE / REAL Solutions Scholarship Other CPA

0.00 232.29 0.00 0.00 0.00

0.00 1,810.00 3,600.00 0.00 2,500.00

0.00 0.00 0.00 0.00 0.00

Total Expenses

232.29

7,910.00

0.00

Change in Net Assets YTD

453.90

630.74

0.00

Expenses

6


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