The Walter H. McClenon Fund, Inc.

Treasurer’s Report, 31st of May 2012

Financial Summary by Endowment

                                                                     GENERAL           SPECIAL     COMBINED

                          INCOME .

                  Interest on cash                                          $   0.17                   $  0.05                  $   0.16

                        Distrib. by Mutual Funds                            86.11                   264.27                   302.89

                        Dividends from Corp. Stock                    412.85                   246.82                   587.58

                                Total Regular Income                     $ 499.13                $ 511.14                $ 890.63

                        Contributions received                               35.14            $ 1,035.13               1,070.27

                                TOTAL INCOME                                $ 534.27            $ 1,546.27            $ 1,960.90

                                EXPENSES:

                        Administrative expenses                         $35.14                  $ 35.13                  $ 70.27

                        Awards authorized                                     250.00               1,000.00               1,250.00

                                TOTAL EXPENSES                             $ 285.14            $ 1,035.13            $ 1,320.27

                       

                        NET INCOME, Five months                  $ 249.13                   491.14                $ 740.27

                        Net Worth, Jan. 1, 2012                      43,025.78             83,117.14           126,142.92

                        Net Worth, May 31 , 2012              $ 43,274.91          $ 83,608.28       $ 126,883.19

 

                                  ASSETS:

                        Cash                                                          $ 3,390.40            $ 2,691.92             $ 6082.32

                        Mutual Funds                                         24,855.17             63,169.27             88.024.44

                        Corporate Stock                                    15,029.34             17,747.09             32,776.43

                          Total Assets                                       $ 43,274.91          $ 83,608.28       $ 126,883.19

 

                               

 

 

                  Report prepared by Paul McClenon, treasurer emeritus

                                                         14th of June 2012                                               

 

File= Combined treas May 2012.docx


The Walter H. McClenon Fund, Inc.

Supporting Details for May 31 Treasurer Report

 

General Endowment

 

               Balance Sheet:

     Capital One Bank             $ 680.90

     Fidelity cash a/c              2,709.50

   Total Cash                                                    $ 3,390.40

Mutual Funds                                                 24,855.17

Corporate Stock                                            15,029.34

     Total Assets                                            $ 43,274.91

 

                  Profit & Loss

    Income:

Contrib. Received                                              $ 35.14

Interest from cash                                                  0.17

Distrib from Mutual Funds                                86.11

Dividends from Stock                                        412.85

      Total Income                                               $ 534.27

 

     Expenses:

Administrative exp.                                          $ 35.14

Awards authorized                                             250.00

    Total Expenses                                             $ 285.14

Net income, 5 months                                  $ 249.13

 

        Mutual Funds Income:

Fidelity Puritan                                                    $ 36.77

Wells Fargo Plus                                                     23.50

Wells Fargo High Yield                                         25.84

         Total (as above)                                         $ 86.11

        Income from Stock:

A T & T                                                                    $ 53.12

Alcatel/Lucent                                                          - .50

Internatiobal Paper                                              10.80

Safeway                                                                      5.80

Verizon                                                                      71.89

WGL                                                                         180.60

Xcel Energy                                                              54.60

Campbell Soup                                                       29.00

Kroger                                                                          5.75

Frontier                                                                       1.70

     Total (as above)                                          $ 412.85

 

File:  Comb. May 2012 details rev.docx

 

 

 

Special Endowment

 

         Balance Sheet:

American Bank                                             $ 1,08 7.71

Fidelity cash a/c                                               1,604.21

  Total cash                                                      $ 2,691.92

Mutual Funds                                                 63,169.27

Corporate Stock                                            17,747.09                                                                             $ 83,628.27

                                                                          $ 83,608.28

 

 

Profit & Loss

    Income:

Contrib. Received                                        $ 1,035.13

Interest from cash                                                  0.05

Distrib From Mutual Funds                             264.27

Dividends from Stock                                        246.82

      Total income                                            $ 1,546.37

 

  Expenses:

Administrative exp.                                          $ 35.13

Taxes paid                                                                20.00

Awards Authorized                                        1,000.00

      Total Expense                                          $ 1,055.13

Net income, 5 months                                  $ 491.14

 

           Mutual Funds Income:

Vanguard                                                            $ 127.18

T.Rowe Price                                                         110.77

DWS income                                                            19.03

Invesco real Estate                                                  7.29

      Total (as above)                                         $ 264.27

        Income from Stock

Allstate                                                                $ 159.10

Manulife                                                                   57.22

General Mills                                                           30.50

     Total (as above)                                          $ 246.82

 

 

This report scrambled together (rather than prepared) by Paul McClenon

   14th of June 2012