How You Can Help€¦ · spring of 2014. For more information about these grants and the Arts...

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YES, I am enclosing a gift of: $250 $100 $50 Other $________________ Yes, my gift will be matched. (Please enclose matching gift form.) I’d like to designate my gift to: Community Grants Arts Endowment Unrestricted Other___________________ I have supported GEF through a planned gift of $___________ Please make checks payable to the Granby Education Foundation Name ___________________________________________________ Address _________________________________________________ City _____________________________ State_______ Zip ________ Phone (______)________________ E-mail___________________________________________________ THANK YOU FOR YOUR SUPPORT! $ Clip this form and mail it along with your donation to: Granby Education Foundation P. O. Box 351 Granby, CT 06035 The Board of Directors of the Granby Education Foundation presents this report of the Foundation’s activities for our fiscal year that began on July 1, 2013, and ended on June 30, 2014. We are proud of the work we do to support our teachers, our fellow nonprofit organizations, our students, and our citizens. We look forward to continuing to expand the reach and the impact of our activities in the years ahead. Support the Annual Fund The Annual Fund is what keeps the GEF in business and what funds the Foundation’s semi-annual Community Grant Program. It also provides a financial base from which the GEF can draw when unexpected educational opportunities arise. We accept tax-deductible donations to this fund year round. Tribute program Honor a student, teacher, administrator, or community member who has made a difference in education through a tax-deductible donation to the Granby Education Foundation. Each honoree will receive a special gift card from the GEF, noting that a gift has been made in his or her name. Planned Giving Provide additional support through a planned gift such as appreciated securities or leave a lasting legacy in support of our mission through a bequest. Give to the GEF Arts Endowment The Granby Education Foundation has established a permanent Arts Endowment that will generate up to $10,000 annually to support cultural arts programs and activities. We accept tax-deductible donations to the Arts Endowment year round. Join the Friends of the Foundation The Granby Education Foundation is led by a dedicated board of directors, and we’re always looking for people to assist us with our many activities throughout the year. If you’d be interested in volunteering your time to this worthy cause, please send us an email at info@ granbyeducationfoundation.org. Please visit our website at www.granbyedu- cationfoundation.org for further information regarding these programs. Like us on facebook How You Can Help There are a number of ways in which you can support the Granby Education Foundation, both financially and with the donation of your time. The following is a list of some of the ways in which you can get involved. I support the Granby Education Foundation’s mission to nurture educational excellence in Granby. 2014 ANNUAL REPORT

Transcript of How You Can Help€¦ · spring of 2014. For more information about these grants and the Arts...

Page 1: How You Can Help€¦ · spring of 2014. For more information about these grants and the Arts Endowment Grant Program please visit our website at: - foundation.org. Musical Technology

YES,

I am enclosing a gift of:

$250 $100 $50 Other$________________

Yes,mygiftwillbematched.(Pleaseenclosematchinggiftform.)

I’d like to designate my gift to:

CommunityGrants ArtsEndowment Unrestricted

Other___________________

IhavesupportedGEFthroughaplannedgiftof$___________

Please make checks payable to the Granby Education Foundation

Name___________________________________________________

Address_________________________________________________

City_____________________________State_______Zip________

Phone(______)________________

E-mail___________________________________________________

THANK YOU FOR YOUR SUPPORT!

$Clip this form and mail it along with your donation to:

Granby Education FoundationP. O. Box 351

Granby, CT 06035

The Board of Directors of the Granby Education Foundation presents this report of the Foundation’s activities for our fiscal year that began on July 1, 2013, and ended on June 30, 2014.

We are proud of the work we do to support our teachers, our fellow nonprofit organizations, our students, and our citizens. We look forward to continuing to expand the reach and the impact of our activities in the years ahead.

SupporttheAnnualFundThe Annual Fund is what keeps the GEF in business and what funds the Foundation’s semi-annual Community Grant Program. It also provides a financial base from which the GEF can draw when unexpected educational opportunities arise. We accept tax-deductible donations to this fund year round.

TributeprogramHonor a student, teacher, administrator, or community member who has made a difference in education through a tax-deductible donation to the Granby Education Foundation. Each honoree will receive a special gift card from the GEF, noting that a gift has been made in his or her name.

PlannedGivingProvide additional support through a planned gift such as appreciated securities or leave a lasting legacy in support of our mission through a bequest.

GivetotheGEFArtsEndowmentThe Granby Education Foundation has established a permanent Arts Endowment that will generate up to $10,000 annually to support cultural arts programs and activities. We accept tax-deductible donations to the Arts Endowment year round.

JointheFriendsoftheFoundationThe Granby Education Foundation is led by a dedicated board of directors, and we’re always looking for people to assist us with our many activities throughout the year. If you’d be interested in volunteering your time to this worthy cause, please send us an email at [email protected].

Please visit our website at www.granbyedu-cationfoundation.org for further information regarding these programs.

Likeusonfacebook

How You Can HelpThere are a number of ways in which you can support the Granby Education Foundation, both financially and with the donation of your time. The following is a list of some of the ways in which you can get involved. I support the Granby Education Foundation’s mission

to nurture educational excellence in Granby.

2014ANNUAL REPORT

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Community Grant ProgramThe General FundThe Granby Education Foundation (GEF) raised more than $26,300 to benefit its General Fund during the 2013-14 fiscal year. The GEF is grateful to its supporters for showing such generosity.The General Fund supports the Foundation’s Community Grant Program. In 2013-14, a total of $9,975 in grants was awarded. The balance was saved, putting the Foundation in a position to support worthy projects as they come along, such as the Summer Drama Academy. It also is helpful in showing potential grantors (particularly other charitable foundations) that the Granby Education Foundation has the solid support of the community.

Community GrantsThe Granby Education Foundation’s Community Grant Program continues to make an impact on our community’s educational environment. Between the fall of 2013 and the spring of 2014, the GEF received 5 grant requests and awarded 4 grants. In 2013-14, the recipients ranged from pre-school age to senior citizens; and from school-based programs to community nonprofits. The following grants were awarded to recipients whose requests for funding of programs: 1.) demonstrated exceptional educational value and merit; and 2.) did not supplant items that could, in the opinion of the GEF’s board of directors, be covered within existing budgets. More information regarding these grants and the Community Grant Program can be found on the GEF’s website: www.granbye-ducationfoundation.org.

RoboticsClubWells Road Intermediate School was granted $1,475 as seed money to establish a FLL Robotics team for fifth and sixth grade students. This activ-ity will tap the critical thinking skills through fun “game-like” challenges and will provide the stu-dents with an opportunity to work collaboratively while creating solutions to real world problems.

NutritionalEducationHolcomb Farm’s Fresh Access Program, in part-nership with the Granby Senior Center and Granby Memorial High School’s Culinary Arts Program, was awarded $1,500 as seed money to establish a program of intergenerational culinary program-ming. These will include cooking demonstrations, nutrition education, and events that bring students and seniors together to improve the health, knowledge, and vitality of the community.

WeatherStationsThe Granby Public School system was granted $3,000 to purchase two weather stations that will be installed at the Salmon Brook Ecology Center (located on the GMMS/GMHS campus) and at Granby’s partner school in Hartland. These web-based stations will expand the use of the Ecology Center into all classrooms throughout the district, providing real-time data for use in a variety of curriculums including science, broadcast, and world language.

SchoolClimateBookClubGranby Memorial Middle School was awarded $4,000 to establish a school-wide book club to ex-plore the themes of dignity, respect, ethical leader-ship, empathy, character, and the idea that everyone contributes to a positive school environment. All students and staff members at GMMS will read the book Wonder by R. J. Palacio that will then serve as a point of common ground throughout the school year for discussion groups, supplemental activities, and a culminating project. A book club for GMMS parents will be offered as well, extending the pro-gram into the students’ homes.

The Arts EndowmentThe GEF Arts Endowment exists to provide a permanent source of funding to support and promote initiatives in the arts. Our goal is to fund opportunities within our community that expose multiple generations to exemplary works of art. The Foundation has endowed $200,000 for this purpose.

Arts Endowment GrantsThe GEF Arts Endowment Grant Program distributed more than $2,150 in its fourth year. The Foundation received 4 grant applications and 3 requests were awarded. The following grants were awarded between the fall of 2013 and the spring of 2014. For more information about these grants and the Arts Endowment Grant Program please visit our website at: www.granbyeducation-foundation.org.

MusicalTechnologyThe Music Department of Kelly Lane and Wells Road Schools was awarded $654 for the purchase of an iPad that will give the staff, who travel between the schools and use a variety of spaces, the ability to enhance their curriculum. Using a variety of applications, it will be possible to: compose, edit, and share original compositions; practice reading and writing music; record performances for assessment; function as a music library and provide accompaniment for students during rehearsals; and even act as an instrument for students who are physically challenged.

FiestadelNorteAssemblyKelly Lane and Wells Road School were awarded $1,100 to bring the well-known Mariachi group Fiesta del Norte to perform for them in support of their Spanish language curriculum. Fiesta del Norte dresses in traditional charro outfits and plays

a wide repertoire highlighting the varied styles of music from several areas of Mexico. They use authentic instruments behind their beautiful bilingual singing, and weave song translations, storytelling and cultural insights between songs.

PercussionProgramValley Pre-School was awarded $400 to sponsor a percussion program that allows children to have a direct and hands on experience with a variety of cultures through music and a diversity of instru-ments. This grant was made possible by the Nannie Brown Tribute Fund.

GranbyEducationFoundation

P.O.Box351

Granby,CT06035

860-653-6340

www.granbyeducationfoundation.org

OurMissionTheGranbyEducationFoundation

enhancestheeducationalclimatein

ourschoolsandinthebroadercom-

munityby:

•Raisingfundsinsupportofeduca-

tionalexcellence,

•Supportinginnovativeeducational

initiatives,

•Celebratinggreatteachers,and

•Encouragingcommunityinvolve-

mentineducationalendeavors.

ABriefHistoryAtown’seducationalsystemshould

extendbeyonditsschools.Itwaswith

thisinmindthatagroupofcitizens

establishedtheGranbyEducation

Foundation,anon-profit,all-volunteer,

501(c)(3)organization,in2000.

Byincreasingcommunityinvolvement,

expandingthecapabilitiesofarea

educators,encouragingcreativityin

teaching,andstimulatinganinterestin

lifelonglearning,theFoundationworks

tofosterinnovativeeducationaloppor-

tunitiesforarearesidentsofallages.

GEFBoardofDirectorsasofJune30,2014

ChairRebeccaBrewer

Vice ChairDavidA.Schupp

TreasurerKevinEdwards

Assisstant TreasurerTanyaMaher

SecretaryKathyUngerleider

DirectorsAlanAddley*

SusanCanavanJennyEmery*

FraniaFairchildCindyGarrey*KristinaGiltonCalHeminwayJenniferHenryKathyJacksonKarenMcNey

DoreenMcWhirterAmyMilbrandtMaryMunsellDebRanicar

RuthRosebrooksJohnSpatcherJaniceStingle

HenryVanVleckMaureenWilliams

*Denotesex-officiomember

Arts Endowment Grant Program

From top:GMMSSchoolClimateBookClub,

ValleyPre-Schoolpercussionprogram,FiestadelNorte

AssemblyatWellsRoadandKellyLane,andWellsRoad

RoboticsClub.

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Honoree: Sponsor:Morgan King Vaughn PeverlyCathryn Kibby Violet PeverlyMelissa Lagano Will PeverlyChristine Nelson Will PeverlyMatt Pinckney Vaughn PeverlyBruce Mullen Jacob PeverlyDanielle Horan Siena and Peyton SandridgeLori Armentano Siena SandridgeJanet Saunders The Sandridge FamilyLaura Smith The Sandridge FamilyMerideth Kamis Peyton SandridgeKristin LaFlamme Siena and Peyton SandridgeNicole Lucas Siena and Peyton SandridgeSarah Warner Siena and Peyton SandridgeKate Bernard Peyton SandridgeMeghan Bavol Siena and Peyton SandridgeStephanie Stupienski Siena Sandridge

Honoree: Sponsor:Cindy Garrey Zachary BrewerCarol Sarkozy The Brewer FamilyDave Emery Dave Schupp and Put BrownStephanie Stupienski Your 2013/2014 ClassPatty Cruickshanks The Ungerleider FamilySusan Vacek The Ungerleider FamilyDavid Kitzman The Ungerleider FamilyCaron Kempf The Ungerleider FamilyLindsay Larsen The Ungerleider FamilyThe Ennis Family Rebecca BrewerChristina Zarotney Your 2013/2014 ClassDiana Morris Lauren Shafer and the GMHS Debate TeamPhillip Livsey Bethany KanterGrace Janelli Colin KanterChristina Kibby Max Kanter

Nannie Brown FundWhen Nannie Brown announced her retirement from Valley Pre-School (VPS), her fellow teachers and the VPS board of directors chose to honor and thank her for all she’s done, for the school and for Granby, by establishing the Nannie Brown Tribute Fund through the Granby Education Foundation. This endowed fund supports the GEF’s Community Grants, particularly, those programs which involve early childhood education. Donations are accepted year round and a listing of all donors to date may be found on our website.

Cal Heminway Fund Last fall, upon Cal Heminway’s retirement from the Granby Board of Education, a grateful Granby family established a Tribute Fund through the GEF to honor him for his many years of community ser-vice. A fundraising campaign is currently underway and a complete listing of donors will be published at its close.

Administrators, Teachers, Students, and Parents HonoredAt the close of the 2013-2014 school year, donations were made to the Granby Education Foundation (GEF) in honor of the teachers, administrators, parents, and students shown below. As part of the GEF’s mission is to encourage educational excellence, the Foundation is thrilled to recognize the ef-forts of these individuals. Please join the GEF in congratulating them and applauding their hard work and dedication.

The Gran-Bee

The Bee swarmed into town on

March 21, 2014 setting the town

abuzz. Granby’s First Selectman,

Scott Kuhnly, lead the event as

Master of Ceremony. His cache of

puns and quick wit set the tone for

a thoroughly enjoyable evening of

trivia competition. The cleverness

of the participating teams sent a

record number of swarms into tie-

breaker rounds. The suspenseful

event finally came to a close when

“Bee-ber Fever” bested the field of

finalists, clinching the champion-

ship title. Earlier in the evening,

they had been presented with the

Yellow Jacket Award for Best Cos-

tume, making them the first team

to win both honors.

Thanks to the community mem-

bers, businesses, and organizations

that support the Bee, the Granby Education Foundation was able to raise $7,000

in support of grant funding. Mark your calendars for March 13, 2015 so that you

don’t miss your chance to Bee a part of the fun!

Gran-Bee sponsors:

From top:2013Gran-Beewinners:GlennCusano,SteveNewman,andJeffGiltonofteam“Bee-berFever;”MasterofCeremonyScottKuhnly;AmyLupoli,AnnBeldig,andSarahSchrandtof“TheA,Bee,Cs”teamfromF.M.KearnsPrimarySchool.

Tribute Programs

Paul Winter ConcertOn Friday, November 15, 2013 the Granby Education Foundation brought Grammy Award–winner Paul Winter to town. In the morning, Mr. Winter presented his “Adventures in Sound Play” workshop to students at the Granby Memorial High School. In the evening, Paul Winter and pianist Jeff Holmes performed in concert for the community, sharing Mr. Winter’s vision of music which celebrates the creatures and cultures of the earth. The extraordinary talents of these two musicians provided an engaging and inspiring experience for audience members. Following the performance, a complimentary reception was offered at which concert-goers were able to meet Mr. Winter in person. Through events such as this, the GEF strives to fulfil the mission of its Arts Endowment by supporting artistic programming which exposes multiple generations of our community to exem-plary works of art.

Fromlefttoright:PaulWinterinconcertwithJeffHolmes;PaulWinterwithastudentathishighschoolworkshop;SummerDramaAcademyactingsession,SummerDramaAcademyproductionofA Midsummer’s Night Dream.

Summer Drama AcademyThe Granby Education Foundation was pleased to sponsor the Granby Public School’s Summer Drama Academy in June of 2014. Artists from Hartford Stage instructed students in the foundations of acting which included; the art of building an ensemble, developing a character, practicing proper vocal and movement techniques, and strengthening concentration and focus skills. At the conclu-sion of the program, they applied these skills in a performance of well-known scenes from a variety of Shakespeare’s plays.

Concert sponsors:

Granby Pharmacy, Granby Land Trust, Granby Public Schools

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$2,500 and aboveAnonymousJames Gamble

$1,000 to $2,499Ed BoardmanAmy and Troy MilbrandtRuth RosebrooksThe Simsbury BankHenry and Gail Van VleckWestfield Bank

$500 to $999Butler Family FoundationRebecca and Dennis BrewerKevin and Donna EdwardsHartford Foundation for Public GivingTimothy and Tricia HeinzeLost Acres Orchard & Farm StoreMeadowbrook of GranbyMeghan and Jim RussellSchupp & Grochmal, LLC The StandardBarbara and Mark WetzelRon and Maureen WilliamsWindsor Federal Savings & Loan

$250 to $499Arrow Concrete Products, Inc.Maura and Greg BorsecnikPut and Nannie BrownAvis and Louis CherichettiTerri and Greg CoteJenny and Dave EmeryJohn and Laurie FedeMark FiorentinoJeffrey and Kristina GiltonGranby PharmacyMatthew HamerCal and Sue HeminwayLucy HolcombeKaren McNeySam and Sally PaulPeppermill Country Deli & Bakery LLCTrish Percival and Rick OrlukMichael and Danielle SandridgeJanet and John SpatcherJanice and Rob StingleHarold TalbotMichael and Kathy UngerleiderAl and Helen Wilke

$100 to $249Susan Ackerman and Jim RookPamela and Alan AddleyAetna Foundation, Inc.James AllenCynthia AshworthBenevity Community FundRosy CampbellDan and Leigh CaputoEric and Heidi ClapproodTed and Kristen CormierLouis and Michelle DeGagneMario and Mary Helen Dei DoloriGary and Carolyn Dei DoloriMartha DelaneyRod Dimock and Marilee PorterKelly DimeoRonald and Janet DuncanRonald and Joan DurejDouglas and Michele EndorfAndrew and Ellen FarberMichael and Pamela FishEls FonteyneJeanne GilesTerry and Gale GraysonGranby DrummerGranby Little League, Inc.

Granby Lions ClubGranby RoversTerri-Ann HahnJohn and Frances HorrKathy and Peter JacksonLowell and Mary Ellen KahnDonald Kirschbaum and

Patrice McCarthyJack and Peggy LareauSarah Ann LeakeLynn LochheadArthur and Aurelle LockeLost Acres VineyardJanet Loynes & Jeff KeenerElizabeth MackPhilip and Patricia MainMelissa and Mark Migliaccio Therese Mulvey and Bradford

McDougallJo and Liam O’LearyRichard W. PfeiferBrian and Debora PresbieRobert and Megan RaderMartha and David RuschDavid and Sandy SchuppSeverance FoodsPeggy and Don ShawRebecca SielmanMatthew and Sara SpahnLinda and John SpevacekTony Bussman Painting Co., LLCTravelers Community ConnectionsUnited Way of Greater WaterburyRon and Karen WaltherChristopher and Rosemarie WeberWells Road Intermediate SchoolFred and Edith WilhelmDonald and Marty Wilmot

Up to $99Bill and Lois AhrensAnonymous Francis and Lori ArmentanoJohanna AudolenskyWendy and Joe AzzolaThe Berry Group Gordon and Flo BischoffLisa and Chuck BrowerEd and Carolyn CalhounElaine and Robert Chagnon

Barbara Chiocca and Henry Merriman

Marjorie DavisChristopher and Linda DelelloRonald and Joanne DesrosiersShirley and Don DickeyShirley DominPeter and Karen DowdMyron and Emily EisenhaureSandra Fischer and Will MadsenRuth FlynnJohn and Karen ForbesBarbara and Michael FunkTimothy and Diane GaughanGeissler’s SupermarketThomas and Olive GianakosGeorge and Christine GiannoniJudy and Peter GoffDeborah and Peter GottschalkJoan GriswoldRaymond and Tammy HaackMargaret and James HallJanet HendricksErick and Lisa HolmMaybritt HorneAlma ImbtLeslie and Richard JanssenFrederic and Patricia JonesHarry and Sally JonesPam and Doug JonesCathy and Frank JoslynAnna KazmierczakJohn Violette and Pamela KirkWilliam and Sue LaniganSarah LapointeBryan and Susan LarsonMary Beth LaRosa and Brian PeverlyKaren and Ken LaTonaDavid and Carol LaunDennis LoboEileen Longhi and Lance BusheyMichael and Christine LynchJonathan and Tanya MaherJohn and Margaret MangoldBetsy and Dean MazzottaKent McCordDoreen and Gregory McWhirterJoan Miglinas and Robert SimmonsPaula and Douglas ModeenEdward and Elisabeth Molloy

Donna and Jeffrey MoodyShirley MurthaStephen and Robin NewbergKathleen and David OlchowskiErin OlsonSandra OrlukJuanita PercivalWilliam and Margaret PercivalMr. & Mrs. Frederick J. PriorPrudential FoundationRosalie and Michael PuskarJamie and Deb RanicarLisa ReinhardtChristopher and Cindy RisingKelly and Randy RomeTeri and Don RustLisa RyanDavid and Laura ShaferTammy and Jay SnyderRuss and Anne St. JohnRussell and Wendy StoneRobert and Carmela StricklandBruce and Bobbie SullivanVirginia and Francis TrafidloSusan Lasota and Doug TurcotteUnited Technologies James and Linda VeirsPat and Bill VibertDorothy WardJohn and Shirley WarnKenneth WayPatricia and John WestDavid and Terri WhiteGeraldine and Roger WickmanRita WoodRoger and Shirley YoungJudith Zuliani

In-Kind DonorsRonald J. BeganskyBeman’s HardwareBig YCostco of EnfieldFarmington Valley YMCAGeissler’s SupermarketGranby Land TrustGranby PharmacyGranby Public SchoolsStop and Shop SupermarketValley Brook Community Church

Our SupportersThe Granby Education Foundation thanks the following people for their generous contributions to the Foundation during our 2013-2014 fiscal year. This list includes those gifts received between July 1, 2013 and June 30, 2014. Gifts recieved after June 30, 2014 will be reflected in our next annual report.

Statement of Cash Receipts, Expenditures,

and Change in Fund Balances

for the Year Ended June 30, 2014

AssetsInterest and Dividend Income $ 8,928

Cash Receipts

Contributions $37,636

Events 8,423

Total Cash Receipts $54,987

ExpendituresAdministrationInvestmentExpense $75

BankServiceCharge 47

Insurance 1,169

Fundraising:GranBee 262

Dues&Subscriptions 150

OfficeSupplies 955

Website 184

Postage&Delivery 320

Advertising 727

Printing&Reproduction 1,148

Fundraising:PaulWinterConcert 8,249

Total Administrative Expenditures $13,286

Grant RecipientsHolcombFarm 1,500

GranbyPublicSchools 25,229

ValleyPreSchool 400

Total Grants Expenditures $27,129

Total Expenditures $40,415

Excess Receipts over Expenditures $14,572

Fund BalanceJuly1,2013 $306,783

RealizedGain 120

UnrealizedGainor(Losses) 10,168

June30,2014 $331,643

See Accountant’s Compilation Report.

Statement of Fund Balances for the Year Ended June 30, 2014

FidelityBrokerage,CashReserves $18,586

FidelityBrokerage,DonatedStocks 2,358

BlackRockGlobalAlloc.Fund 30,230

PIMCOAllAssetsFund 39,361

InvescoBalanced-RiskAllocation 40,417

VanguardHighDividendYield 57,266

WellsFargoShortTermHiYield 35,341

SimsburyBank-Checking 108,084

Total $331,643

NOTE:$256,577oftheabovefundsare

permanentlyrestricted.Theyrepresent

specificallyrestrictedcontributionswhich

areendowedbytheentity.Earningsrelated

totheinvestmentoftheprincipalassets

willbespentinsupportoftheindividual

funds’missions.Thesefundsareas

follows:$218,894ArtsEndowment;$9,867

CalHeminwayFund;$27,816NannieBrown

Fund.

See Accountant’s Compilation Report.

Notes to Financial StatementsTheentityisaConnecticutnonprofit

corporationorganizedunderSection501(c)

oftheInternalRevenueCode.Assuch,

therearenoincometaxespaidonnetcash

receiptsoftheentity.

Investment PolicyTheGEFinvestsinaccordancewithits

Board-approvedpolicyinordertomaximize

theimpactourgenerousdonors’contribu-

tionswillhaveonprovidingeducational

opportunitiesinGranbyandtheregion.

RONALD J. BEGANSKYCERTIFIED PUBLIC ACCOUNTANT

September 26, 2014

The Board of DirectorsGranby Education Foundation, Inc.

I have compiled the accompanying statement of fund balances of the Granby Education Foundation, Inc., for the year ended June 30, 2014, and the re-lated statement of cash receipts and expenditures and changes in fund balances for the year then ended. I have not audited or reviewed the accompany-ing financial statements and, accordingly, do not express an opinion or provide any assurance about whether the financial statements are in accordance with the cash basis of accounting.

Management is responsible for the preparation and fair presentation of the financial statements in accordance with the cash basis of accounting and for designing, implementing and maintaining internal control relevant to the preparation and fair presentation of the financial statements.

My responsibility is to conduct the compilation in accordance with Statements on Standards for Accounting and Review Services issued by the Ameri-can Institute of Certified Public Accountants. The objective of a compilation is to assist management in presenting financial information in the form of financial statements without undertaking to obtain or provide any assurance that there are no material modifications that should be made to the financial statements.

Ronald J. Begansky, Certified Public Accountant

33 HARTFORD AVENUEP. O. BOX 588GRANBY, CT 06035(860) 653-5516(860) 653-2558 FAX