Frank Lentz Foundation Ltd.

“RUSTIC FALLS NATURE CAMP”

“Expenses computer supplies & services 90 interest expense - bank 1,518 insurance 1,723 telephone 671 license and fees 177 general program supplies 14,647 miscellaneous program exp 3,721 non-investment depreciation 10,792 total 33,339”

“Book / tax depreciation difference 4”

“Construction in process 0 0 furnishings & equipment 4,570 4,570 property & building equipment 5,505 9,164 :lodge 177,772 177,772 property and improvements 182,570 186,177 accum deprec - furnishings & equip 0 0 less accumulated depreciation 1,124 1,777 accum deprec - property & building e 0 0 less accumulated depreciation 1,966 3,014 accum deprec - lodge 0 0 less accumulated depreciation 185 4,629 accum deprec - property and improvem 0 0 less accumulated depreciation 16,238 20,885 total 350,904 347,378”

“Accounts payable and accrued expenses 7,570 6,441 mortgage and other notes payable 53,480 0”

“Rustic falls nature camp is a place for at-risk-youths, cancer survivors and physically and mentally challenged children and adults to leave behind the pressures of everyday life, whether it be the grind of medical care or a neighborhood that has more than its share of violence. Each of the camp sessions is tailored to meet the special needs of the group, with an emphasis on connecting to nature.”

“The camp is in its startup phase which consists of extensive renovation to the camp premises. However short trips were organized for small groups of kids from chicago's challenged neighborhoods. The trips allowed them to just be kids and have fun. They swam, visited a farm, played games and had a campfire. In addition, children with cancer used the facility, with their family, as a private retreat.”