Welcome to Albany Fund for Education

   
 
                       
    2009 & 2010 Annual
Consolidated Finances
                     
   

 



 
             
   






 




 
                             
            2009   2010   Change        
                             
Opening Balance         $47,158   $52,921   $5,763        
                             
  Receipts                          
    Annual Gala Net Proceeds   $11,821   $15,426   $3,605        
    Major Donor support     $5,500   $12,500   $7,000        
    State Employees (SEFA)   $2,467   $4,096   $1,629        
    Albany School District Employees $765   $1,333   $568        
    Miscellaneous Donations   $2,394   $4,576   $2,182        
    Interest Income     $720   $474   -$246        
                             
      TOTAL RECEIPTS   $23,667   $38,405   $14,738        
                             
  Expenses                          
    Grants & Community Support   $13,261   $25,493   $12,232        
    Fundraising Expenses   $3,285   $3,119   -$166        
    Administrative Expenses   $638   $716   $78        
    Miscellaneous     $720   $298   -$422        
                             
      TOTAL EXPENSES   $17,904   $29,626   $11,722        
                             
Closing Balance         $52,921   $61,700   $8,779        
                =====       =====       =====        
                             
                             
                             
  NOTES                          
  In 2010 there were two significant one-time contributions for dedicated programs:            
    SEFCU (a major donor) provided $6000 for support of Project Learning Tree (PLT); and          
    $3953 was received in honor of Dr. Eva Joseph for support of the Professional Development Program       
    as a Miscellaneous donation.                    
                             

 

 

Grants links A teacher coloring with her students