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10% Endowment
Distribution
TREASURER'S REPORT CONTINUED...
WHERE OUR MONEY CAME FROM
2016
GRANT ELIGIBLE FUNDRAISING $1,555,163 77%
US ROWING PASS THRU DONATIONS $156,645 8%
ENDOWMENT DISTRIBUTION $202,551 10%
ENDOWMENT GIFTS $80,079 4%
ALL OTHER DONATIONS $33,764 2%
$2,028,202 100% 5% Junior National
Team Grants
WHERE OUR MONEY WENT 2016
SENIOR NATIONAL TEAM GRANTS $1,358,000 67%
MARKETING & ADMINISTATIVE EXPENSES $340,106 17%
OTHER US ROWING GRANTS $146,883 7%
JUNIOR NATIONAL TEAM GRANTS $100,000 5%
ENDOWMENT DEPOSITS $53,138 3%
OTHER GRANTS $30,075 1%
NET INCOME $2,028,202 100%
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