Sma Foundation Inc.

“STORE 43 TOTAL 43”

“None education 12,000 0 0”

“Expenses telephone 419 insurance exp- d&o liabil 804 sma/vwil museum expense 1,884 band expense 4,000 computer expense 233 office supplies 446 taxes and licenses 200 postage and freight 434 miscellaneous 2,105 repairs & maintenance 2,343 printing 5,872 outside services 10,749 non-investment depreciation 10,160 total 39,649”

“Net unrealized gain (loss) 17,402 merger w/ alumni assoc. -24,833”

“Ar mbc 268 268 inventories for sale or use 719 8,318 office furniture - museum 7,907 15,276 less accumulated depreciation 7,907 15,276 equipment 16,507 23,009 less accumulated depreciation 16,507 19,463 software 0 1,833 less accumulated depreciation 0 306 due from sma alumni assn. 41,483 0 total 42,470 13,659”

“Fed tax w/h payable 75 0 state tax w/h payable 96 0 fica payable 209 0 federal taxes w/h payable 0 200 state taxes w/h payable 0 154 fica payable 0 868 state unemployment payable 0 2”

“Support of military school education and preservation of history of staunton military academy”

“Support of military education by raising funds and contributing to the scholarship program at mary baldwin college for the virginia women's institute for leadership.”