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ANS/CA -Veda & Kyana Joshi Scholarship Fund 2009

by Admin on

Financial Statement - 2009
ANS/CA -Veda & Kyana Joshi Scholarship Fund
                (Account in CHASE formerly WAMU)
Carry over from 2008
                In CD Account                                     $90,000.00
                In Savings Account                             $14,310.58
                Sub-total                                                               $104,310.58*
 
(Note:*includes interest income balance of $3,109.53 )
(Balance available after applying direct donation $3,409.53)
 
Income -- Donations in 2009:                           None     
 
Income -- Interest:
From CD                                                               $1,497.70
From Savings Acct.                                                    $1.62
                Sub-total (Interest)                                               $1,499.32
               
Total available in  2009                                                                  $105,809.90
 
Expenses in 2009:
Scholarship grants for scholars:                                        < $900.00>
 
  Balance as of 12-31-2009                                                                                 $104,909.90**
  
Breakdown:   $90,000.00 in CD (Acct …0227)
                        $14,909.90 in Savings ( Acct….7854)
 
(** Includes Interest balance of $3,708.85)
(Pls. see DB Alex Brown Acct below for BRCM stock account )
                       **************
Statement from DB Alex Brown Account:
 
Carry over from 2008:
Cash Account                                                                      $2,962.37*
          ( *includes $55.97 interest income)
BRCM stock 165 shares worth $2,800.05 @ 16.97/shr on 12/31/08
(BRCM Stk split 2 to 3 on 2-21-06 @70.28, i.e 110 Stk became 165 Stk)
               
Income in 2008 -- Dividend                                                $9.41
                                                Sub-total                                               $2,971.78
 
Expenses –Annual custodian fee for 2008                                    <$150.00>           
 
Balance (Cash account) as of 12-31-2009                                     $2,821.78*
                                                               
(* includes a total of interest $ 65.38)
BRCM stock 165 shares worth $5,189.25 @31.45/shr. on 12/31/2009
Total in BRCM Acct.                                                                           $8,011.03  
 
Total asset of the ANS/CA -Veda/Kyana Joshi Scholarship Fund
as of Dec. 31, 2009 is  $112,920.93 including BRCM Stock.
 (was $110,073.00 on 12-31-08)
01/10/vbj
 
 
 
Details of grants for Scholars in 2009:
 
Raj Kumar Maharjan  (Bachelor B.E. )                          $300.00 (3rd Inst for 2nd yr  & 1st & 2nd for 3rd  yr).
Anu Shahi ( passed  PCL- Humanities )                           $100.00 (3rd Inst for 2nd/final yr).
Rasmi Lama Thokar (Bachelor 3rd yr waiting result)   $300.00 (2nd & 3rd Inst for 2nd yr & 1st for 3rd yr).
Anisha K.C. (passed PCL- Management)                       $100.00 (3rd Inst for 2nd/final yr ).
Nima Prajapati (passed PCL-Humanities & Social Sc.)$100.00 (3rd Inst for 2nd/final yr).
 
 Grants to Scholars in 2009                                                                               Total      $900.00
 

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