2014 Annual Report

The F. Melius Christiansen Endowment Fund Committee and ACDA-MN express sincere thanks to the many generous contributors to our Endowment Fund.


Income - Contributed
Individual Donations    $26,135
Foundation & Corporate Sponsorships $5,162
TOTAL CONTRIBUTED $31,297
Income - Earned
Investment Income $25,677
TOTAL EARNED $25,677
TOTAL INCOME $56,974

Expense
Administrative/Operating Costs $13,303
Credit Card Transaction Fees $294
Endowment Fund Scholarships  
 - Summer Dialogue $2,730  
 - Student Conducting Workshop $1,118  
 - North Central Division Conference $4,822  
 - Graduate Study $8,350  
 - World Symposium on Choral Music $1,500  
 - Student Symposium $849  
Total Scholarships $19,369
TOTAL EXPENSE $32,966