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THE CARL B. KERN FUND
1998 Financial Summary from Quarterly Reports
Kern Fund Advisory Board | By-Laws | Financial Summaries | Distributions |
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THE CARL B. KERN FUND
1998 Financial Summary from Quarterly Reports
Kern Fund Advisory Board | By-Laws | Financial Summaries | Distributions |
| Description | 1st Qtr | 2nd Qtr | 3rd Qtr | 4th Qtr | TOTALS | |
|---|---|---|---|---|---|---|
| Balance at Start of Quarter | $ 83,397.01 | $ 89,300.89 | $ 86,052.83 | $ 81,523.97 | $ 83,397.01 | |
| Investment Income | $ 532.90 | $ 515.95 | $ 482.53 | $ 553.86 | $ 2,085.24 | |
| Foundation Distribution | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Change in Market Value | $ 5,494.80 | $ 470.82 | ($ 4,879.40) | $ 9,495.31 | $10,581.53 | |
| Gifts Received | $ 0.00 | $ 25.00 | $ 0.00 | $ 5,315.00 | $ 5,340.00 | |
| Interfund Transfers | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Broker Fees/Commission | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Foundation Fees | ($ 79.90) | ($ 79.90) | ($ 106.21) | ($ 106.21) | ($ 372.22) | |
| Bank Fees | ($ 43.92) | ($ 25.93) | ($ 25.78) | ($ 5.19) | ($ 100.82) | |
| Grants Paid | 0.00 | ($ 4,154.00) | 0.00 | 0.00 | ($ 4,154.00) | |
| Program Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Ending Balance | $ 89,300.89 | $ 86,052.83 | $ 81,523.97 | $ 96,776.74 | $ 96,776.74 |
