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Report from the Finance Committee By Joe Ann Lane "/ Itrn/ I/li' L’iL‘Lll limit; III l/JIX rim/ll It nut to mm it tr/zt'tt‘ Il‘t’ ulutnl (l,\ m H/trl/ LI'III'I r tin/I Itr’ muting iir- mutt will wmr'tmn't trill: tin trun/ nurl M'lrltfilllt r/‘thllllkl H. but Ht” Illllif turf itrn/ not r/Hf’ Iwr It; rllmnlnrr ” - llttw r it, :nl‘rf/ Hill/u. (III' In light of this passage. we are sailing for ward. It is necessary that we work together to build up our Headquarters Fund. In the last issue of Home & Country. a statement of the Headquarters Fund was provided. This issue, we are also providing a breakdown of the investments and their rate of return: Toronto Dominion 517.739 4.875% CIBC Mortgage $59354 8.0% ON Savings Bond $105,335 8.0% Bank of Nova Scotia $36,410 7.125% Industrial Horizon $36063 11.3% Industrial Income $53.795 11.1% Ivy Canadian $9.821 5.0% Trimark Fund $2.227 43.9% Trimark Select Growth $15,512 16.7% Trimark Seiect Canadian Growth $4.625 6.3% Note: These Iigures are as oi July 31, 1996. On the whole our investments have yielded a higher return than if they had been placed in a bank account. The Trimark Fund is a new investment and it is being watched for growth potential. If you have any questions. please contact your Board Director from your Subâ€" division. I have given each a graph charting our total revenue and expenses. We have a financially viable and healthy organization. Giving each member the op- portunity to have an increaSed knowledge of our finances is part of our responsibility. I hope this information is helpful. I hepe it allows our members the opportunity to in~ crease their achievements and. in turn. their recognition in meeting their goal for the Headquarters Fund. Joe Ann Lune [J the Chair 0] the Finance Committee for the Federated Women ’: Institutes (rfOrttan'o. a Home at Country. Fall '96 Receipts for Proposed Budget 96/97 History Book 3 Oitice Reimbursement Fromm Funding Artieies Sold Investments Lite Membership Fund Fees Disbursements Committees History Book Office Bldg. - Supplies - Wages Conventions Executive Expenses Board Meetings 3. Honorariurns Anicies lor Sale Misc. Expenses Home 5 Country FWIO Headquarters Fund Donations DISTRICTS Bruce South Grey South Halton Perth North Russell Sudbury Waterioo North York North BRANCHES: Bond Head WI. Simcoe South Cavan WI. Durham East Community WI. Nonhurnberland East Craighurst WI. Simoneâ€"Kampenieldt Crowland WI. Welland East Drornore WI. Grey South Gleneden WI. Grey South Goodwood WI. Ontario North vaelndge WI. Perth Centre Picnic Grove WI. Glengarty Providence Shaw WI. Durham West Selwyn WI. Peterborough Silverwood WI. Halton Wilton Grove WI, Middlesex East INDIVIDUALS: Mariorie Adam Rose Elesing Mr. & Mrs. A. Bond Mr. 5 Mrs. H. Bosomwnthy Mr. 3. Mrs. Hugh Breen Lee Anne Bryant Velma Burden Wilma Caner Rev. Jean & Ftev. Gary Carruthus Mr. E- Mrs, H. Chase Mr. 51 Mrs. A. Chowen Lucella Elliott Mabel George Mr. 8. Mrs. Gena Gough B. Hall Mr. ti. Mrs. C. Hansiord Marg Harris Mr. 5 Mrs. William lntvin Mr. & Mrs. D. McBay Alberta O'Neil Evelyn Ftoth Mr. & Mrs. H. Roth Mr. 31 Mrs. M. Sutherland Mr. a Mrs. J, Young IN MEMORIAM DO NATIONS: Allenwood WI. Simcoe Centre Grey North District Rocky Ridge WI, Lanark North St. Vincent WI. Grey North HEADOUA RTEHS FUND as of July 31. 1996 - $413. 275.30