Financial Report To Donors

(For the year ending April 30, 2006)

Statement of Assets, Liabilities, and Fund Balance

Assets

                  Current Assets:                                                           

                  Cash in  Bank                        $ 633,558.66

                          Total Assets                  $ 633,558.66

Liabilities and Fund Balance

Current Liabilities:                                   $              .00

Fund Balance:

  Beginning Fund Balance:                         $ 482,740.93

  Current Period Earnings:                          $ 150,817.73 

   Total Fund Balance                                 $ 633,558.66

Total Liabilities and Fund Balance        $ 633,558.66

Statement of Revenues and Expenditures

Revenues:

  Donations Received                               $  53,661.00

  In-Kind Contributions                             $100,000.00

  Interest Earned                                     $  17,706.06

  Miscellaneous Income                            $         38.34

  Total Income                                        $172,684.90

Grant Expenditures:

  Grants-Schools $  19,895.35    (2006-2007 school  year)

Operating Expenditures:

     Catering Expense                                      $           0.00

     Chair Expense                                           $           0.00

     Display Case Maintenance                           $           0.00

     Plaques, Awards, and Engraving                   $    1.897.70

     Printing Expense                                        $         74.12

     Postage Expense                                        $           0.00

  Total Operating Expenditures                          $     1,971.82

Total Expenditures                                       $    1,971.82

Excess of Revenues over Expenditures                $150,817.73