Treasurer's Report

Lincoln County High School

Panther Pride Club

When donating funds to the Lincoln County High School Boosters you may designate what club or team you would like your funds to go toward. For example, if you want your dollars to spent on the Golf Team, then that amount will be available when they request funding.

Money raised from the sale of Booster products will be placed into the general fund. The Booster members will determine where the funds are expended.

WHERE DOES MY MONEY GO?

The Lincoln County High School Boosters use two non-profit 501(c)3 organizations to act as fiscal agents for the group. The Lincoln County Family Resource Network (FRN) and the Lincoln County Community Foundation (LCCF) are the agencies used. For more detailed information regarding the FRN and LCCF, you may contact their Executive Directors.

Tammy Adkins, Executive Director
Family Resource Network
(304) 824-7002

The FRN acts as our operating account. Funds in this account may be dispursed via check upon the authorization of the Treasurer, for amounts approved by the Executive Committee.

Larry Stutler, Executive Director
Lincoln County Community Foundation
P.O. Box 510
West Hamlin, WV 25571

www.lccf.us

The LCCF is a charitable community trust organized to accept contributions, establish and administer trust funds, and make distributions for the benefit of the people of Lincoln County area. The funds in this account draw interest. The interest earned is designated to the general fund of the Boosters.

WHY USE THESE ORGANIZATIONS?

1.   They make your donations tax exempt.

Upon receipt of your donation the LCCF and the FRN will send you a donation acknowledgement, regardless of the size of your donation.  Funds can be sent to the LCCF, so they may begin drawing interest immediately.

2.   Credibility and Integrity

Using these organizations will document all Booster activities. The FRN submits a monthly report, and the LCCF will submit a quarterly report of activities to the Booster Club. All transactions are available for review by Booster Members.

June 2007
Lincoln County High School Boosters

General Fund                $1837.23
Band Fund                      $708.49
Bluegrass Fund                  $0.00
Baseball                         $5304.90
Girls Basketball              $4411.77
Boys Basketball             $1200.00
Football                          $3955.51
Pep Club                       $4675.90
Soccer                           $1713.33
Softball                           $3699.98
Theatre                          $3751.87
Varsity Cheerleaders     $1018.46
Volleyball                          $694.06
Weight Room                  $1253.74
Track                              $1029.02
Memorial Bricks             $6000.00
Tennis                            $1900.00
                              $ 43154.26

FRN Register      $16,755.25
LCCF Register   $26,399.01*
                               $43,154.26

*Does not reflect the 1st quarter interest of 2007