SECRETARY'S REPORT 253 



EXHIBIT A 



BALANCE SHEET 



June 30, 1964 



ASSETS 



Current assets : 

 Cash in banks : 



General account $269, 151. 29 



Eeserve account 50, 428. 49 



Time deposits and savings 



accounts 2,584,753.97 



$2, 904, 833. 75 



Treasury bills 1, 160, 887. 00 



Stock and property received 12, 500. 00 



Petty cash 400.00 



Deposit with airlines 425. 00 



$4,078,545.75 



Pledges receivable: 



National General Account 5,091,627.98 



National Tangible Property 1,168,000.00 



National Seat Reserve Account 67, 444. 00 



President's Business Committee 822, 134. 67 



Washington Area Building Fund— General— 294,228.46 



Washington Area Building Fund — Reserve 346, 400. 00 



Washington Area Seat Reserve Account 103, 638. 48 



Washington Area Federal Employee Drive 3, 286. 50 



Washington Area Federal Employee Drive — 



Seat Endowment 1, 660. 00 



Washington Area Tangible Property 35,000.00 



School Children's Reserve Fund 185.00 



J. F. Kennedy Memorial Fund 1, 000. 00 



Israeli Benefit 20, 190. 00 



7, 954, 795. 09 



Fixed assets: 

 Cost of land — advanced to National Capital 



Planning Commission 146, 000. 00 



Construction costs — architect and design costs- 507, 498. 25 



Furniture and equipment — book value 5, 962. 62 



659, 460. 87 



Other assets: 



Deferred charges — Creative America 56,425.00 



Total assets $12, 749, 226. 71 



LIABILiriES AND NET WORTH 



Liabilities : 

 Payroll taxes withheld $1, 177. 54 



Net worth : 



Pledges receivable $7, 954, 795. 09 



Fund balance— June 30, 1964 4, 798. 254. 08 



12,748,049,17 



Total liabilities and net worth $12, 749, 226. 71 



Note : Pledges receivable ; national general account includes Ford Foundation 

 grant of $5,000,000.00 on a two-to-one matching basis of nongovernmental funds. 



