The Microcirculatory Society, Inc.
Newsletter

Volume 27, Number 1

Summer, 1999



Treasurer's Annual Report, 1999

1998-99 Microcirculatory Society Financial Statement
(ending April 13, 1999)

Society Assets Ending April 14, 1998

Asset
Date Recorded
Amount

MCS Checking Account

4/8/98
$25,232.50

MCS Savings Account

3/31/98
$43,312.58

CD #1

4/2/98
$68,354.31

CD #2

4/2/98
$81,745.90

Vanguard Asset Allocation

4/2/98
$10,095.52

Secretary's Account

4/14/98
$402.00

Total Assets Reported April 14, 1998:

$229,142.81

Summary Ledger of Receipts

Item Name

Purpose
Receipt Amount

Deposit

Sale of Reception Tickets

$3,060.00

Deposit

1998 Dues

$5,560.00

Deposit

1999 Dues

$17,318.42

Deposit

2000 Dues

$30.00

Deposit in Chk Acct

CD #2

$84,159.74

Vanguard

Asset Allocation Fund

$60,000.00

ITPI

TSCI Editor's Fee for Journal

$1,875.00

ITPI

Journal revenues for non-members

$11,725.31

Stockton Press

Journal Management

$15,000.00

Stockton Press

Donation for Award

$1,000.00

Deposit

MCS 1999 Banquet Tickets

$5,800.00

Fine Science Tools

Donation for Award

$500.00

Bruce Klitzman

Transfer from Secretary's Account

$257.71

Savings Acct

Interest Earned (4/98 - 3/99)

$3,535.22

Vanguard Account

Earnings (4/3/98 - 3/30/99)

$7,103.93

CD's

Earnings

$6,059.83

Total Receipts as of April 13, 1999:

$222,985.16

Summary Ledger of Expenditures

Item Name

Purpose
Expenditure Amount

MCS Council

MCS Retreat Reimbursement

$445.30

Perfect Palate

MCS Reception

$4,495.32

1998 MCS Meeting Expenses

$8,941.01

Wiederhielm Award (old publ. didn't pay)

$1,000.00

Milwaukee Bank

Cashed in CD #2

$84,159.74

Vanguard

Invest in Asset Allocation Fund

$60,000.00

Gretchen Ferrante

1998 Journal Management Expense

$16,549.40

Simon et.al. Attorneys

Settlement of Kluwer Issue

$3,403.86

Robert W. Gore

MCS Web Page Management

$209.00

Stockton Press

Transfer revenues to Stockton

$11,725.31

Stockton Press

Microcirc Vol 5 No 1, 565 copies

$4,237.50

Stockton Press

Microcirc Vol 5 No 2&3, 565 copies

$8,475.00

Stockton Press

Microcirc Vol 5 No 4

$4,200.00

Stockton Press

Microcirc Vol 6 No 1, 214 copies

$1,605.00

Lauren Vander Key

Operating Budget for Journal

$3,000.00

Lauren Vander Key

Compensation for Journal Management

$7,500.00

Simon et.al. Attorneys

Journal Attorney's Fees

$249.00

Associate Editors

Operating Budget for Journal

$7,500.00

Neil Williamson & Staker CPAs, Inc.

Tax Return for 97-98

$695.00

MCS

4 Banquet Tickets for Awardees

$200.00

AMS

Management Fees for 1998

$4,200.00

Secretary's Account

Secretary's and President's Expenses

$144.29

Bruce Klitzman

Close out Secretary's Accout

$257.71

Total Expenditures as of April 13, 1999:

$233,192.44

Society Assets Ending April 13, 1999

Asset
Date Recorded
Amount

MCS Checking Account

Phone Call: 4/13/99
$40,163.74

MCS Savings Account

Statement: 3/31/99
$36,007.54

Certificate of Deposit

Phone Call: 3/5/99
$72,000.30

Vanguard Asset Allocation

Phone Call: 3/30/99
$77,199.45

Total Assets Reported April 13, 1999:
(Pending $10,000 from APS, FASEB)

$225,371.03

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